Expecting too much ----too soon

Hi all,

FAU's Gimlet tenement was gotten based on its NEAROLOGY to Intermin tenement there and what it recently found,

namely Jacques and Yolande.    If you now examine the time it took IRC to find (initial speculative drilling) Jacques and Yolande

and turn it into something worth pursuing the ASX announcement dates are telling:  Nov 15 2017 initial (speculative) Jacques find drilling.

Then Feb 19, Apr 18 and June 12 Aug 1  Aug 21 2018 for some confirmatory results.   So around nine (9) months to make sure something

commercial is there.   A lot of work-----.   Look at US,  Oct 9 First (air core drilling) return sample,Oct 18 high drill return same found, Nov 8

first RC drilling to begin -  still awaiting Dec 9 2018.  So less than THREE (3) MONTHS all told.

Are we expecting, too much, too soon ??   

Unlike our neighbour, we've had amazing initial return samples-----hence the drill meterage upramp.

Realistically, eve after we get December's results - IT WON'T BE THE ED OF IT.  Like our neighbour, FAU will need more RC drilling

up to May/June  2019.   Only then will we truly know.  Also, don't forget our Pilbara tenement.

So the pessimism, at present is baseless. But it sure does, help those who want to buy cheap !

Cheers

Bluequartz