Ann: Kanmantoo Economic Assessment Confirms Outstanding Potential, page-165

Hi Santhu,

Nice to see you sticking in and popping up occasionally.

HGO would seem to be a pretty good investment at the moment. My gut feeling is the share price will slowly rise in the next couple of months as more folks discover the opportunity.

There's a lot of drilling and studies happening so as results of those are released if they are positive the share price could do a couple of step jumps. It should step up when the FID is taken based on the current stage 1 study.

After that we are in for 12 months of all hands delivering the promise. How that goes will be interesting to watch.

This is not like a manufacturing company with an established growth path. Well established recurring income streams are where the predictable value is.

Predicting HGO's share price is not something I would attempt to do.

Huge possibilities but not a lot of certainty.

It should multi-bag from here but there are a few bridges to cross.