Ann: Investor Presentation, page-5

I put clearly in bold that it was not investment advice and to DYOR. No idea what IYKYK means.

1.
Not sure what you implying but as I have posted before I have been investing in exploration and mining shares since 1987. What happens with these shares is they go up and down based upon commodity prices, the general market trajectory and their own ASX announcements. So yes sometimes shares I hold go down, at present HMX for example, still a lot of green on my books though. As a rule of thumb with small cap explorers I get one or two great returns for every ten investments, a handful that give a modest return and one or two that are losses. The multi-baggers make up for the others. Sometimes you have to hold for a long time through dips to get the rewards. The whole point with explorers is that you don't know what the drilling rig will find. Sometimes the expectations are not met, sometimes things turn up where not expected.

As to promoting that is not what I do. I look at the ASX announcements and details on the companies website and provide my honest opinion. In this case I was asked by another HC user for an opinion. I have also posted many times that I have no idea what the share price will do but I can see exploration potential, often quite early.

I retired from my professional career at the age of 35 and largely lived off my investments since. I started with nothing and have not inherited anything either. Given I am in my late 50's I think my track record speaks for itself.

2.
No I do not see any value in a company that has gone from 20 to 45 cents since its recent IPO (the value has been added, hard to see much from here). Doesn't that tell you to take profits because it has run too hard? My suggestion is to consider buying back in when it get closer to 20 cents. Lets see how good this suggestion is over the next year or two. If doubling your money in month is not enough what is? If the share price was 20 cents or there were JORC resources to add value I may have said different things but I don't see the value in the current market cap.

DYOR. This is not investment advice. Always take responsibility for your own investment decisions. As always great drill results could change things overnight, the converse can also be true.