KRR 0.00% 1.3¢ king river resources limited

Ann: Tennant Creek Providence Assay Results, page-9

  1. 11,331 Posts.
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    Well it is time to change management Imo. Unless we see anything positive or discovery like from the 14,000m drilling program in the months ahead.

    Very disappointed it has taken 2 months of delays to get these assays released. If it really was the labs fault they should be taking legal action Imo. However the fact it was released on Friday afternoon, as a non price sensitive announcement proves that management are to blame Imo.

    Heavy rain at Tennant Creek was a fortnight ago so I am not sure how they need a month to wait for it to dry out before recommencing drilling. Sounds like another excuse to me, like they haven’t been proactive in getting permits or contractors organised.

    Geophysical surveys were done mid to late last year (also delayed months), and imo you don’t need any more time to assess and analyse these for drilling, it should be a 1 month timeline at most to undertake that with a competent team. Priority drilling targets should already be identified across the entire TC project area!

    Personally I am very disappointed and every time we hear more news, it makes me more sure management is our problem. In this exploration environment you need constant drilling and newsflow to get the market excited and decent returns for shareholders!!!

    With all these TC targets, we should have already had them all drilled and be expecting assays on multiple targets. The more you test, the more chances of success and discoveries, especially in such a mineralised region in which many of our peers have had great success.

    If we generate a special general meeting with a resolution to sack the board I will 100% vote it. With all the money, drilling planned and targets we have in TC we should have progressed way more than we have. Not good enough!
    Last edited by coto: 08/03/24
 
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