Ann: Becoming a substantial holder from MUFG, page-26

You are writing rubbish.

Tandarra still is only exploration and both companies are well- funded, & both companies are gold producers.
(Catalyst already received over $28 million revenue from Henty by the middle of this year. ie. in less than 6months from when they took over operations and ownership in Tasmania + also they had allowed for funding for extensive exploration there as well as at Bendigo including for JV tenement with Navarre. )

Navarre also now a gold producer.
They will have ensured a very decent buffet from the cap raise to well and truly also fund significant exploration and commitments. They would have been hoping to pick up a new tenement also in Victoria and had to be funded to also add to exploration aims if more opportunity.
If NML achieve as planned & the blueprint is also as Aeris and Catalyst have achieved - there will be well and truly sufficient revenue and profits ongoing to fund the company activities and work towards growth through ongoing discovery.