Ann: Twin Hills Gold Project Upgrades to 1 Moz Mineral Resource, page-10

Corn,

Definitely cheap as chips. 2moz+JVs and possible sales make it a give away. Not to mention the fact management have bought millions of units at alot higher prices. I am keen to start buying, but still can't see the light under these guys. No plan on how to progress deposits forward - with those ounces should be looking at a PEA for 100k+oz. They have mistimed the last few CRs and under capped them too. All to avoid dilution which has made it worse. Now they have dirty con notes overhanging. A dirty word in the jnr space, interest alone is a killer.

With all the progress since the acq and building the project - its gone back to shell prices.

I think the market is saying something and in humble opinion, ounces in the ground doesn't cut it. The need a plan to progress forward not dilute.

But this is cheap, could easily double or triple with the right moves/drills. WD sale has been on going for years. It's over priced and most likely worth alot less than people think.



Gold is nearing all time AUD highs.