Ann: Shortfall Attracts Cornerstone Investor and Strong Support, page-15

With respect, Hilux98, the mere fact of Rajiv Ramnarayan's cornerstone investment in G88, the heft of Damon Dormer's CV (https://hotcopper.com.au/posts/66165331/single ) and the eagerness of the Board generally to take large positions in the Company, argue volubly against your thesis.

Perhaps rather than jumping in with a scattergun spray, a better place to start might be with a bit of genuine research.

I'd suggest beginning by wrapping your head around the implications of the Stage 2 Metallurgical Testwork, which progressed the development of a mechanical, low-energy flowsheet for the Quicksilver deposit. I think we have consultant, Brian McNab, from Wood (look him up - another impressive expert individual), to thank for that likely company-making body of technical met work.

Though granted, it has never really caused any ripple in the market, I'd suggest the Stage 2 Met was actually transformational for the Company..

It took a significant (168,500t contained Nickel, 11,300t Cobalt), but otherwise seemingly 'stranded' clay-born Ni-Co resource, and showed it in light of all its natural advantages - free dig, low strip ratio, minimal infrastructure, mechanical low-energy processing, extraction without harsh chemicals, potential for multiple saleable products, etc - as actually looking potentially do-able.

And now in tandem with the Stage 3 Met, designed to improve recoveries and grades, the project is transitioning to an engineering phase - hence Damon entering the scene - building on that technical foundation for the studies and engineering work to build up the business case for the Project ...and yes, likely giving it wings..


I could go on to talk about the REEs at Quicksilver ...how they're within the existing Ni-Co resource envelope, and the natural advantages that confers - but you can easily search out earlier posts and indeed, Stock Head articles on that subject.

And as far as gold is concerned ...well, I think that massive anomaly aligned with, and only 12km distant from the 3.2Moz Youanmi resource, speaks for itself as presenting a mouthwatering target. What a step-change it would be for that district to find another large resource.


There are evidently a lot of folks who have been disappointed and embittered by G88 in the past. But I'd encourage open minds and clear eyes take a look at what the Company is doing now ...and who's leading the charge!

Perhaps have a read of Bluebird's potted recent history of Golden Mile: https://hotcopper.com.au/posts/67204093/single - and maybe you'll realise just what a serious enterprise G88 is morphing into.

There's real opportunity here in my view ...particularly from current pricing.

I'd hazard in any other company the spec appeal of that gold anomaly at Yuinmery alone would see a market cap of $15M.

And the value here is underpinned by Quicksilver besides!!!

Astonishing.