Ann: Quarterly Activities Report, page-1043

Im constantly reminded of the fact that LIND and PW passed up the opportunity to sell half of there approx. 70 million share holdings each into 3.5c.

PW has sold large portions before, as he was a substantial holder previously. Now not a substantial however heavy at 70 mil it doesnt make sense for a guy on less than 300k a year to pass up an easy million dollars on less than half of his holding unless he is aware or confident of something...and LIND to back it up WTF....it was a perfect op for LIND and they just smiled at there holding going from $700k to $2.5 million and didnt even take a cool mil.....somethings a foot.

In my mind G2 is not the reason. PW undoubtly suspected imo to put it politely that we were looking at the second half of 2018 for G2 and there are no guarantees the market is go to trade considerably higher then 3.5c to justify the hold off the back of G2 production......maybe they are looking long, and they are confident enough about the magnetic analysis and potential of Pembroke, Mt Cobalt and Kilkivan region. Its obvious Taronga progression is composed for higher tin prices heading into 2020 and the name of game there is to increase value via cost effective metalurgical test work so when they do choose to extend the resource which would be fairly with simple it creates max value when tin is hot pushing the valauation and NPV, free cashflows for the project much much higher than currently and importantly the share price with it in a hot market, something that arguable wouldnt happen right now in the current market however it would put a target on Taronga for a cheap take over if the sp didnt move with dramatic increases of NPV of the project of 200, 300, 400, 500 million, still all these great prospects point to a great share price all going well in 2019/20, however not without risk from a Jan/Feb point of view that PW was previldge to have, G2 now more derisked, drilling more or less confirmed, however then still a lot more loose ends.

I know it all seems positive, in that the 3 projects have incredible future potential, however my gut feeling is theres a further catalyst...one that couldve and can dropped any moment...than you contemplate is it inventory....doesnt feel right....then you read into the possibilities.

Just out curiosity.....

ELT on the duration of negotiations before announcing to the market an aquisition

"We made contact with the chairman of Eurotin and started a dialogue that has been ongoing for over 12 months."

SRZ on intentions...

“Opportunities for earlier tin production from satellite tin assets (are) also being evaluated.”

Then I think about PW looking at his holding account and it saying $2.5 million dollars!

Additionally, you dont hold onto $2.5 million worth of shares to hope to make and extra few hundred thousand.....in 12 months time......alternatively if you think your looking at 10c in 1-2years time you dont sell your 1c shares for 3.5c if your the CEO...but whats LINDS excuse?

How many of us will have sold half at least at 3.5c if we knew G2 was going to be end of year, no drilling to commence till Sept the earliest and a composed outlook for T1....all things imho known to be the most likely scenario by management at the time.

I feel something is in the air....or maybe they just have eyes on T1....as we cant gurantee an outcome of 5c based on G2 and not 100% guaranteed on drilling either....if drilling hits the mark in a big way yes 5c+ very likely imo...with a great supplementary catalyst in G2 sales.....but again it doesnt feel like that was the play for LIND especially to hold back in Jan/Feb....something else is happening behind the scenes in my opinion.

All specualtion and imo only.