@Seethrough - This is all in my opinion. First of all , I am not...

@Seethrough - This is all in my opinion.

First of all , I am not a broker or adviser but just a retail lnvestor. I am a believer in the possible long term success of one or more of these projects. As you state what has changed since we are at a third of previous recent values.

Disappointments

# Tin price halving since recent highs, lack of understanding of this metal including it's broadening / expanding use & the ability of the metal to just have enough reserves so as not to cause panic even though it is at decade low inventory levels.

# Our deep expensive possible game changer drill hole ZS152 - I was very bullish about this but it's possibly "bit me in the backside". Anyway, the last 200 metres of results should be released soon so that might unravel some interest.

# Investor sentiment, state of world economies with so many experts have many conflicting views on the future. It is taking great announcements.to currently move share prices substantially. There is also a wide array of investment choice/strategies - bitcoin, shorting, chartists, some industry sectors, etc.

# Metals X - thought they would make a play for Heemskirk which I believe has much better economic's than it's Rentails project. The PFS should confirm this & maybe it create's a choice - be hamstrung by it's current partner or have some independance if a future issue arises. I am sure MLX's management are in lifestyle mode.

Hopes, dreams & possibilities

# Believe that we have the right captain to steer the ship in Gary Fietz. During my lengthy conversation late last year, he came across as a genuine individual wanting to improve company standings. If a predator does arrive, they are wanting value in multiples of this current share price. Hopefully we have the upper hand in the bargaining process if the circumstances arise.

# Drillling should commence on the Concert Creek - Carbine Hill area this quarter. I have not been able to find out who the competitors for the tender were but that is mainly irrelevant compared to what could be as far as results go.

# Scamander & Pinnacles tenements. Tin One have the small plot between these two area's & will most likely need to negotiate if the circumstances arise. I have noted that share price has risen by over 150% since the release of Great Pyramid drill results & lithium rock chip samples for Aberfoyle - rock chip samples are mostly similar to our stated results & we have the runs on the board as far as tin reserves go.

# PFS is due in H2 along with infill drill results. This will give us surety in project & maybe gain a cornerstone investor. Recent tin article :
"Yamana Gold founder Peter Marrone last week said the metal — previously extracted in mines now more fashionable as lithium producers like Greenbushes — was a key focus for him after his company’s US$4.8 billion sale to Pan American Silver and Agnico Eagle".

# ITA - have been doing much better in the marketing of tin & raising it's profile. Worth looking at presentations & subscribing to the free monthly newsletter.

Anyway, still bullish from the risk / reward perspective. Genuinely hope it works out for shareholders.