MI6 3.23% 15.0¢ minerals 260 limited

Ann: Resources Rising Stars Presentation, page-17

  1. 2,116 Posts.
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    Yes, Gascoyne shaping up as the next "big thing".
    Just to get back to your question above, DR/MI6 needed another project to tie us over during the cropping season. We all saw how slow the news flow was last year and what this did to the share price. I picked up some more at 30c, even though I'm already carrying a lot here.
    Gascoyne wasn't the only project DR looked at either. Remember Ti Tree fell over after due dilligence was done.
    DR had been looking at Gascoyne tenements for some time. He tried last year but they didn't want to know him then. The timing was right this time around for him. It was when the markets were down, inflation on the rise and funding becoming harder to get. He has a knack for finding lithium and rare earth's so why not play to your strengths.
    The good news from shareholders point of view is we will no longer have to wait for long periods for drill results. DR knows how to get on with the job and we will be exploring all year round now.
    G
 
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