significant gold grade increase at sihayo reso, page-8

Nice consolidation at the first main pivotal techno level happening now.

Now that 'grade" is outa the way for DFS, they can start increasing "inventory" but of course will need some cash. The capex is kinda spoken for by same suppliers of DFS cash but they only have a mill in the bank and will probably need a minor boost to keep the good news coming u would think. The owners wouldnt want too much dilution at any lower price so reckon any raising now will be minimal. Plenty of instos about who would appreciate a placement too u wld think.

Anyway looking for next leg up once current pause is over ....... first target 17-18 then broader 22 - 28 zone with project evolution.

Also has a long term 35-40 techno target in line with peer group market caps and am happy to wait for production start for that one ... unless we get some decent hits and background macros breakout. Steady as she goes for now.

SIH is now one of the BEST emerging goldcos on the global markets IMO and should soon enough start attracting the global players. Right now it feels like its almost in-house Indo company with the cash coming from local sources. Nice to see bit more Ozzie component next.

Cant wait to focus next on them epithermal and other bonanza grade targets. We are in golden elephant country here and base camp now looks well established and nearing payback to fund the broader evolution. Lets hope we can repeat the neighbour Martabe dose in due course.

Personal mission accomplished with SIH just as with DRA. Bet next which to hit 20c first ... my money is on SIH and probably by EOY. Both are in auto-market mode now and am happy to passively wait on the evolution. Working on the next one now with similar tenbagger potential from similar starting point. That one is in local Gascoyne WA backyard.

Well done bros, this is only the beginning to a long and lasting friendship Bogie said to Louie haha.

IMBOOC