If they have completed was it 15 holes then their drillers and their geologist will already have inspected the core and have a good idea of what they hit. The 2 labs in Townsville being ALS, SGS and Intertech are backed up but 2-3 weeks max turnaround. For a 50% extra charge they can analyse in 1 week and report on just the key intersections. The actual lab work takes 3 days.
ASX continuous disclosure requires immediate release of material information. Material information is that which could move the share price by 10%. If it’s good or bad that would move it 10% easy. Everything a speccy does is a material event.
Taking time to post on either Twitter or website means materiality so should be released to ASX instead or not at all.
If you are a positive supporter who wants share price increases then you should want it on ASX not Twitter.
All comms from an ASX company should always be via ASX platform else not a transparent market.
Having drilled 15 holes and not updated market on what they have seen is OK but not if you are tweeting about it.
- Forums
- ASX - By Stock
- GNM
- Ann: GNM Commences Maiden Drilling Program at Camel Creek Project
Ann: GNM Commences Maiden Drilling Program at Camel Creek Project, page-34
-
-
- There are more pages in this discussion • 7 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 GNM (ASX) to my watchlist
|
|||||
Last
1.4¢ |
Change
-0.002(9.68%) |
Mkt cap ! $2.164M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.4¢ | $1.479K | 100.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 382408 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 36667 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 382408 | 0.014 |
4 | 694995 | 0.012 |
7 | 1010451 | 0.011 |
5 | 1229995 | 0.010 |
2 | 433330 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 36667 | 1 |
0.016 | 33334 | 1 |
0.017 | 58817 | 2 |
0.018 | 416660 | 3 |
0.019 | 230001 | 3 |
Last trade - 15.35pm 03/09/2024 (20 minute delay) ? |
Featured News
GNM (ASX) Chart |