Anyone else think its interesting that CRR chose to announce metres of visual spodumene from one drill?
Not sure if everyone knows, but the process after drilling is to lay the core out for inspection by geologists. As such, this means that the other drilling results have been inspected. The question is, why haven't we received an announcement regarding the visual spodumene? Visual spodumene is not to be confused with analytical results.
You could argue that the 74 m hit was extraordinary, thus triggering the requirement to inform the market. If true, then you assume the remaining hits aren't impressive due to no announcement.
I see the purpose in releasing that big hit (sugar hit to SP before capital raise), but it creates a precedent whereby no news can only be assumed to be less impressive than the 74 m hit. Even if the remaining drills were smaller but still collectively large (eg 4 drills of 30 m of visual spodemene), you could argue that this information must be announced.
Just my thoughts.
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