Ann: Flynn Expands Key Gold Targets at Golden Ridge, NE Tasmania, page-3

Here are some numbers which catch my eye at FG1.

1. M.Cap of $ 6.5 mill.
2. Initial Exploration Target at Golden Ridge 450 to 520 k oz @ 4 to 5 g/t.
3. Very high grade historical production of >2 mil oz @ ~ 20 g/t
4. AUD GOLD of $ 4360
5. Current drilling in veins returns many 100 g/t assays.
6. Tasmania Govt support to 2 x $ 70.000 for current exploration drilling.

IMO SP is way under value, but may reflect cash position. $1.8 mil plus $140.000 grant with burn ~~ $1 mil per Q. (Sept Q)
But to many that could represent an advantage as a low price entry and possible participation in a CR.

All above reminds me of another goldie I hold which in 5 months has gone from 8c to 24c - reopening the Hill End trend in NSW, and first pour this month expected. Similar reopenings may be available for FG1 and with MLs in place.

GL all - above is very much an optimistic overview, so dyor.