Ann: Investor Presentation - RIU Gold Coast Resources Showcase, page-107

And the waiting continues. Previous drill results / key Burmeister/Jaegermeister announcements have been:

• High grade Nickel (after trading halt) on Wednesday 6 Sep 2023
• Initial drill results on Monday 30 Oct 2023
• Expanded Jaegermeister soil anomaly on Monday 13 Nov 2023
• Additional Burmeister results on Tuesday 12 Dec 2023 including RC22 (19m @ 1.52%)
• First DD results on Wednesday 17 Jan 2024 inc RCD24 (17.1m @ 1.66%)
• Additional high grade results on Tuesday 27 Feb 2024 inc RCD43 (23.5m @ 1.52%) inc first assay over in RC37 (3.01%)
• Additional high grade results on Thursday 7 Mar 2024 inc RC35 (20m @ 1.38%) inc 3.08% assay in RC48
• Defining Jaegermeister targets A to D on Wednesday 20 March 2024
• Exploration target on Burmeister on Wednesday 1 May 2024
• Jaegermeister seismic line locations and Target E added Thursday 6 June 2024

Across these 9 the count is Monday (2), Tuesday (2), Wednesday (4), Thursday (2) and Friday (0). There is no clear pattern so drill results are something that could drop on any day although Wednesday's are slightly more common.

With the exception of RCD43 DD core appearing in presentation slides, TG6 hasn't done pre-release of drilling information such as Pegmatite of XX with intersected, assay's pending. While its possible that TG6 isn't releasing information because there's nothing useful to release, at this stage I think its more likely they have again set themselves a slightly unrealistic timeframe for assay results. Among the two best case scenarios is they had a certain number of spots somehow reserved for speedy assay's and the length of pegmatite to be assayed has exceeded this meaning its in normal speed assessment. The second optimal outcome is that some particularly high grade intercepts have been reported and TG6 has gone back to double check these before reporting them.

Despite this, I suspect there are trader investors that have had multiple past experiences on late drilling results being poor so they are selling on the "late" results. Those buying aren't chasing stock so this is pushing the share price lower.

The waiting game continues.