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Ann: Half Yearly Report, page-35

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  1. 3,026 Posts.
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    “And yes. I think he’s nearly scared to say what he thinks we have - in a good way”.


    Obviously, he does not want the “Big end of Town” to know what he thinks he has.

    He has initially drilled to 60mtrs all across the 40sqKlms, but then qualifies infill drilling use only 20mtrs, which make our resource seem small by comparison to what it actually has.

    Fortunately, I have friend who is a Geo and has worked out the resource from Andrews first to last interview and believes the same he is down playing the resource. The first 40mtr is all “Clay Hosted”and extended in most cases upto to 60+mtrs. Thatis why he's using an air core drill and not a Diamond Drill .

    He has also stated he has had a sneaky look at the “Hard-rock Base” below 80mtrs.

    This is where Andrew changes his directions all the time. Initially, over the 12sq Klms he stated we had between 1.5bl and 2 billion tonnes of mineralisation.

    Now, he states we have 1.6billion tonnes over the 40sqklms at 20mtrs and out of the 1.6 billions tonnes we should get 1 billion tonnes of mineralisation.

    So, even down playing it at 1billion tonnes of minerals, then using 2% of that as contained TREO on that alone is 4 million tonnes. And we are only at 20mt depth over 40 square Klms .

    All our “Clay Hosted” material is based in “Course SandProduct” making it extremely easier to seperate.

    Some of this maybe, most quite possibly Ionic. Our Mets from a novice look, should be great.

    Why he's only now using a 20mtr drop is beyond me, when most at a deeper level are as high or even greater (Grades; Mets & Iconic).


    Regarding our SP:

    No, wonder the SP is not gaining any traction. It’s because these scalpers keep selling on market and shareholders gave them that right after the last lot of voting.

    Again this is so ridiculous having all this and a SP at 0.02. And cannot, believe the market still valuing our BOD and not our “Resource”.

    This happens when you have a BOD that keeps constantly moving the “Goal Posts”.

    A.R needs to stop drinking De- cafe Coffee and Start Drinking the real stuff. Even other Geo’scannot follow him.


    Regarding Funding:

    Even at this early stage we do not need Mel Ashton and Co, chasing “Piss-Arse” fund managers like Cannacord or Acquity.

    We now need to be knock knock knocking on “Albos Door” or making a quick phone call to Gina.R, compliants of Mel.A knowing all these people.


    Just as a side note, what is our BOD doing, whilst we await more results from Jupiter:

    1. Are we chasing PLC into Iron Duke.
    2. Are we chasing Chalice into Thor.
    3. Are we looking for Major Funding be it “Government” or “Private”.
    4. Are we looking for “Off Take Partners”.
    5. Are we in contact with Curtain Uni over Boron results.
    6. Are we getting any feed back on Riley / Livingston.
    7. Are we planning anything with Kulin.
    8. Are we looking at a Mining license or EIS for Jupiter.


    I bet not, all they do is suggest to Samso that hey we may do this.

    Last but not least we will have news next week.


    Please do your own DD and research. This is not meant as financial advice, etc.

    Last edited by posiedon ark: 27/04/24
 
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