Ann: New Managing Director for Hillgrove, page-29

Hi Allee,

If Mr Market knows better than us, value investing which is the mainstay of making money long term and multi bagging medium term by getting deep into fundamental analysis to zero in on when the market is wrong wouldn't be the road to riches that it is in my experience.

Following the market is about buying, at the top, when others are buying and selling, at the bottom, when others are selling. A sure road to ruin.

Worth noting that Free Point ,who one would think, would know a bit about copper mining and who have board representation, are the biggest shareholder.

They contributed, to the fullest extent possible, after the first copper milestone had been reached, to the CR a couple of months ago to accelerate exploration to increase reserves and fill the plant as soon as possible.

Would they do that if they weren't fully satisfied that the UG was going to plan and profitability was a certainty in the current Cu price environment.

Hopefully the MRE update will be delivered this month as Lachlan finishes reporting the results of his 5 years work to add a final garnish to his CV.

Bobs Score.

Bobs Score card from declared holders who express a sentiment.

8 Buys and 2 Sells.

You cant win them all but 80% is an honours score.

There is also a new drop who it seems is worried that people who report to Bob won't cope with having a competent and dedicated leader and will move on. He doesn't see that as a buy signal. He also doesn't hold but is going to sell his holding anyway.