Recent Gold M&A in Australia - Big Premiums on Acquisitions, page-10

Let the games begin with the drill bit.

But takeover talk really gets us no where due to the JV's with RIO & IGO & NCM and their particular self interest in the Paterson.

Takeover even at 10c would be a nightmare, would not happen, and would be a pure distraction for all parties.
For shareholders it would be like cashing in your tatts ticket when you have 5 straight numbers and the 6th still to be drawn.

Lots going on for the J'v parties, let's see what they find in the next 6 months.

No one, has mentioned IGO in the mix for getting involved or wanting AZY to build a plant at Minyari.

80% of JV tenement is surrounding or is in easy trucking distance of Minyari .....if we toll treat at Telfer that would mean 80km to truck if IGO found satellite deposits rather than a big Tier 1 that could justify another plant.

If IGO found something butting up to the RIO JV it could truck it through the tracks that would invariably be built for Calibre and Winu.

Due to the vastness of territory maybe a central mining hub is more important and an overriding factor to that of toll treating at Telfer, and if IGO are serious i'm sure their thinking the same thing and it might be a surprise deal is done along those lines.

On another note imagine if NCM came up trumps at TETRIS, looking at it's location on the map, would you like to build a plant there, or truck it 50km to Minyari or 80km to Telfer.

So so many options, lets just concentrate on what we do know, and that of what the drill bit turns up in the next 6 months.

Very Very exciting, a bit like a Netflix series, you just want to see what happens in the next episode.

And talking about Movies........stay tuned for next block buster events:

(17 sleeps until)
Tuesday 14th June 2022 Roger Mason at 4.45pm
https://goldevents.com.au/agc-agenda-2022/

(56 Sleeps)
Friday 22 July 2022 2.15pm Roger Mason
https://www.noosaminingconference.com.au/program

(66 sleeps)
Monday 1st August 4.40pm WA (Huge Exposure)
https://www.diggersndealers.com.au/dnd/wp-content/uploads/DD2022PresenterProgramme.pdf


You got to love that line up of exposure.....what more to the story will unfold before we present.

Enjoy the ride guys