Member Info for Bignuggets

I will pass on a number of points made , not necessarily in order of importance but, in the order they came up. On Flotation we will have at least $2.5 million Aus in the bank. We have 9 projects. Funds from the flotation will be used drilling up to and including JORC at Specemin Hill and exploratory drilling at Last Chance and Mount Cassie. We are fully funded for this work and will not need to raise any more cash. Brett is expecting a uplift to the number of Ten to the Specemin Hill current recourse of 230,00 oz ie 2million plus oz. Titeline , who will be doing the drilling for us have agreed to $530,000 worth of drilling for equity. Titeline have a number of clients that they drill for, that we are speaking to re Farm In. Apparently the client list is on their website 9although I couldn't find it ). The BOD are taking a minimum of 10% of the flotation finance raise ( Brett will underwrite all of this ). We are the fisrt company in Australia to work with new 3DIP technology ( lower cost for hard rock analysis) We also have a 2million oz resource (Brett expects this to be larger) in Czech republic. There is the possibility of this being another Stand Alone listing. Brett is aware that communication with shareholders needs to improve. With that in mind we will be employing an expert on online social media. Finally, my favourite line from Brett - "We will be borrowing the balance sheets of larger companies to help us achieve our ambitions" On a slightly different tack. The book for the money raise is still open. I would be interested in putting money in possibly, with other shareholders so that we can raise a meaningful amount. Thoughts and questions ?

Before i answer your question I think its important to point out that Brett wasn't actually there in person although, he was connected via a phone link during all of the procedures. I must admit that when I arrived and discovered this I was a tad disappointed. However at the end of the meetings he had answered all the questions and points so clearly and with great detail that, I was very satisfied with the result. It was 3am in Aus when we started and proceedings and the question and answer section took at least 2 hours. I think its important to realise that Signature Gold ( soon to be Tectonic ) is a working company with drilling going on at present. We are also engaged in a number of important discussions with companies that are interested in a Farm In. I had this confirmed to me after the meeting was finished and believe that with the company in mind Bretts time was best spent in Australia.

On the more minor subject of Finance , I can confirm we are fully funded for a full drilling program on Specimen Hill and exploratory drilling at Last Chance and Mount Cassie.

After a Shareholder question i can also confirm we will not be using cyanide or drilling on Tribal land.

One tasty nugget ( see what I did there) is that the Ausy Government pays 42.5% of R & d .It appears that all drilling and surveying work including salaries is seen as R and D. So, they are paying for nearly half of our expenditure over there.

Just got back after a long day and a few pleasant drinks with fellow shareholders. All resolutions passed with 94.3 % acceptance. With regards to the flotation Vidaloca is correct. We have a court hearing booked on Feb 23rd ( although they are trying to bring that forward) . It then takes 5 days after that to put the papers through our side ,according to the Nomad. I will post my full notes tomorrow . However, I would like to say I am extremely confident after speaking with Brett and will be adding more in the pre Flotation funding round.( which is still open by the way).

Will do but, I was hoping to meet some others from this BB to chat with.

Anybody else ?