Why do people jump to conclusions and assume from a post that people have absolutely no idea how drilling works, you would be very wrong @Scarpa.
The "Tweeter Convey video" is not worth the bandwidth it takes to download and view, IMO.
Breaking news...... via a tweet overnight......."drill rig set up and drilling....see first picture below.
The point is, AVZ Management clearly announced at the November 2017 AGM drilling will commence before Christmas... 2 weeks before in fact was the first timeframe.
Given Management understand how drilling works, the diamond drill "hole’ locations as to where the bit goes into the ground for the first 3 to 4 holes would be "extremely strategic”, site prep work with announcing at the AGM “should’ have commenced sometime in November.
If no prep work has been commenced prior to or at the time of making that announcement, then it gives rise to Managements grave lack of forward planning for a project of this size. With the further ‘delay’ in getting the rigs over the boarder that also gives some extra time to set up the pads.
It also may be necessary to do some remedial work due to heavy rain, however to suggest that this work is only now being carried out……mmmmm….
Again, if AVZ management make a clear announcement as to the commencement of “drilling” (not commencement for drill pad preparation) and that time frame will not be met for whatever reason, they are obligated to advice their shareholder’s accordingly.
Time to make that announcement…..
Oh, here is the pic from tweeter of the drill rig set up and drilling….
- Forums
- ASX - By Stock
- AVZ
- Pending Drilling announcements
Pending Drilling announcements, page-41
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online