JRI 31: Thesis Gold. ”We think that this project has the scope and scale to be a world-class asset”

Junior Resource Investing

Thesis Gold (TAU.V)

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CEO Ewan Webster comes onto the show for an update to explain how the recent proposed merger between Thesis and Benchmark increases the likelihood of a successful project, both for management and investors. The new, amalgamated company would straddle the line between exploration and development. With lots of geological potential left, and an updated MRE and PEA expected over the next 12 months, Thesis seems like a distinct value play with limited downside risk in a field of undervalued juniors.

1:00: Logic behind the merger

2:50: Why now?

4:30: Next 12-15 months

7:10: How to make companies at two different stages blend

10:30: How useful is Benchmark’s PEA?

12:40: Scaling up TPD milling or lengthening LoM?

14:00: Drilling Update. How does this update change drilling strategy?

16:20: M&I vs. Inferred

18:15: Rig Count

19:20: When will drilling start

19:40: How many new meters to the PEA?

20:45: Other M&A plans?

21:50: Metallurgy comparisons

23:40: CTO explained

25:50: Recap and discussion of Thesis’s next 12-15 months

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