Sorry i will reword it just for you Amol by buddy old friend. The company said at the last meeting in January that the drill was expected onsite on the 7th of Feb(exact date stated)! The company told us during a phone conversation end of Feb that they would announce if there had been any hold ups with the drill. Given we have not had any such ann i am forming my own opinion that there had been no hold ups and the drill is onsite.
I dont know why you keep having a go at me over this. I have stated multiple times that it is only my opinion on the info we have been given to this point. That opinion may well be wrong and the drill may have been held up(i hope not for SP sake) You are welcome to form your own opinion!
I will also attach below all direct references to the drill from official announcements
Ann 29/01 Multi-purpose drill rig purchased and scheduled to arrive in Angola in February 2016 for next stage of high -priority kimberlite testing program.
Ann on 8/02 Drilling to commence soon
Now the way i see it is there had been a major shift in the wording when referencing the drill from 29/01 to 8/02. I dont believe they could announce that drilling would commence soon unless the drill had already arrived or was very close to arriving. We also know the specialist drill crew are onsite!
Interested to hear how other posters interpret the info?
Hope this post meets Amols stringent posting rules! One would think i am running an asx listed company here!
LOM Price at posting:
49.5¢ Sentiment: Buy Disclosure: Held
