Thanks for reporting that @Lilow because I have often thought...

Thanks for reporting that @Lilow because I have often thought that TG does invest wisely, and in fact sold up a decent chunk of his Chalice shares at a good price a few years ago and invested a portion into LTR. I can't tell you the details, but what I am leading to is that even TG does not have unlimited cash to splash, but seems to find it when needed. So where does it come from?

I imagine that he has his lines of credit with either a bank or brokers or both. His various income sources from directorship etc would not be sufficient to support his massive investments like the $10.8m into LTR last November. We know that Chalice is in the doldrums, so he must be getting his confidence to continue investing (perhaps with borrowed funds) from somewhere else? Hmmm...I can only imagine that TG would have as good an inside knowledge of progress at Kathleen Valley as anyone could have. So this news about investing in DEV makes me think even more positively about our imminent production start up and I'm hoping the quarterly report will give our shares a boost.

Regard

DF