Short Term Trading Week Starting: 08 July, page-51

Hi All,

Keep an eye out on GTE.

Newflow due now (said results due in 4 weeks, 5 weeks ago) - if positive then could be company-making.

MC: $5.0m
Cash: $1.5m
EV: $3.5m

Gold price currently around all-time-highs at over $2,000.

Yandal West Gold Project drilling results due now (targeting 10Moz-Jundee-style mineralisation) - previous results:
- 3m @ 52.8 g/t Au from 34m
- 2m @ 13.25 g/t Au from 12m
- 3m @ 10 g/t Au from 28m
- 4m @ 9.03 g/t Au from 38m
- 4m @ 7.1 g/t Au from 58m
- 4m @ 6.16 g/t Au from 32m

More drilling to start shortly at Yandal.

Directors here are A-Class and know a thing or two about big discoveries/mergers/takeovers, going off their track record.

Chairman, Managing Director and a former/recent Director own 10.0% of all shares on issue - so what's good for them is good for us.

Other:
- Recently discovered a new Vanadium district with more work/drilling about to be undertaken.
- Has a JV with Sandfire Resources near DeGrussa (SFR funding exploration & currently analysing EM survey data to identify drill targets).
- Adjacent & downstream from SO4's Lake Way Potash project (GTE assessing - potential divestment) (SO4 market cap is $190m & it's SP is flying & has doubled since January - it's project next to GTE is due for commissioning in Q4 2020).

Chart has been basing for about 12 months with massive spikes historically following a period of basing.

Cheers,

GB.