Pardoo, page-24

Hi Rhama, I don’t know what to make of the company leader.

Lots of shares on issue, loans for the managers to buy shares, scatter gun approach to the company’s direction ....gold...nickel...lithium, shortage of cash, silence on MMG JV.

And the latest drum roll::: “the Barlee Gold Project is Segue’s flagship exploration project"

So what does that tell me about all the other SEG projects? They are very much secondary and will in all probability, amount to nothing.

Barlee is going to soak some cash if it is truly going to be a flagship exploration project.

As I said in an earlier post, MMG JV is looking decidedly like a dead duck. I hope I am wrong.

If there is still life at the end of the MMG tunnel, there could be a sale of the asset to MMG that would then finance the au exploration.

All pure speculation on my part. The MMG silence is deafening. If MMG do identify drill targets in the Fraser Range, then we have a ball game.

cheers
M1