CORCDD090, page-20

Technician - We're blessed on this forum to be given such powerful insights, especially in quick time, and for free – thanks again. You've performed a bit of a public service . Nobody can say that they weren't told. In deference to @JacksonJames, I should use a domino analogy but working the exploration jigsaw concept, for Collerina we've been:

• shown what the jigsaw puzzle probably looks like - and it looks good; very, very good;
• shown what pieces are important – happily all are present and accounted for;
• given several key pieces - attached to each other no less, and told how they fit in – coherent and compelling.

I'm already at the table but if I wasn't I'd be making sure I got a seat, quick smart. A couple of posters have wondered about a possible cap raising and, while that's possible, I've taken into account:

• IMO it's no certainty near term since we have many assets that we can deal on: Joshua was not the only pebble on the beach. While the Joshua deal didn't give us immediate cash, it did materially reduce ongoing cash out.
• When the time does come, the Board will want the best price possible. The issue is what will happen between now and then i.e. the price could be from a (much?) higher level. e.g. I'm sure we'll have those assay results by then.

Gee, that section of core looked fantastic; no wonder Mick/the Board showed it ahead of the assay results. Really keen to see how much of it was in this hole – but I'll temper my excitement with knowing that we haven't drilled in the best spot yet - and so the "don't argue hole" awaits
Over and out from me on Collerina for now, I think, but hopefully we'll soon be pulling out the dominoes with:

• Mundarlo – what we've seen to date has got to be very significant. Will be watching for the body language when the results of the current studies come out (soon?) – a red hot prospect.
• Yathella – 7km away from, and a genuine Collerina look-alike,– ditto; red hot ...