Cond't - Hi Galli, not mentioned as only presented for 15 mins....

Cond't - Hi Galli, not mentioned as only presented for 15 mins. Main focus was on their drilling activity and awaiting on assays. So, a lot happening between now and July, hoping this significantly lifts our SP...

One questioned asked on here regarding if they find significant gold reserves, what will company do, mine or sell?

I got a strong feeling when I asked this to NP that DEG will most certainly be offering a large check and are very interested in what we come up with over the next few months of drilling. We will be highly sort after as there are several other players in this area and the biggest point to be aware of, is that this whole area South of Port Hedland is all covered in 30M of sediment, so many previous drillers didn't go deep enough, so this whole area is way under drilled and explored. Could have many areas of high gold reserves and we are just scratching the surface and that's why DEG are wishing to take some of our land for their significant infrastructure development and paying to do these 100 holes, 8500m drill program and we keep the gold...

So, the old saying of location, location, doesn't get any better than where MTL is positioned next to DEG... Plenty of news to come and can't wait to see MT Burgaus drilled and then deeper RC drills to follow.

Other points were NP spoke about we have $1.9Mil in cash, just over 6 Mil SOI and wasn't overly concerned, as he said it's just a number which I found interesting as most spec coy consolidations fail big time, just look at SVG, FMS, LKO and when 88E do there's the SP will get smashed. But imo MTL is potentially better positioned than these other coys imo, as they will have a lot more positive news to support a consolidation SP if and when MTL ever do this and note it's not on the radar atm... All the best to all.... Not long to wait now....