They're not running late.
From the webinar (it's not verbatum)....."we’ll put out NPV’s, strip ratios, whatever we can, we’re not wedded to meeting standards, we’ll announce finance then you’ll know it".....he rambles on a bit but his message is clear and consistent and his latest interview with Samso was better than the webinar. I reckon Samso coached him.
The message is they'll put out information when they can, when they have the resources, but no earlier. The metallurgists are busy elsewhere right now but drilling season finishes shortly. They're between a rock and a hard place, they understand the market needs information but it's pointless putting out half assed, half complete info......the market won't like it. I reckon we'll hear about finance before we see a BFS, or updated DFS, whatever you like to call it.
The wording in "italics" is near enough to what BC said in the webinar, the rest is a combination of my interpretation of the message and my opinion.
The market hates uncertainty and delays, and there's both right now.
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Last
3.2¢ |
Change
-0.001(3.03%) |
Mkt cap ! $47.30M |
Open | High | Low | Value | Volume |
3.3¢ | 3.3¢ | 2.9¢ | $49.47K | 1.579M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 173415 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 149914 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 173415 | 0.032 |
2 | 155000 | 0.030 |
3 | 787798 | 0.029 |
12 | 1205804 | 0.028 |
7 | 3367727 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 149914 | 3 |
0.034 | 350000 | 2 |
0.035 | 450620 | 3 |
0.036 | 350000 | 1 |
0.037 | 488558 | 2 |
Last trade - 15.35pm 16/10/2024 (20 minute delay) ? |
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