WTM 3.23% 30.0¢ waratah minerals limited

Tirupati Graphite Volume Action, page-10

  1. 116 Posts.
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    Hey there, yep, every 2-3 weeks would be my guess. They would be using ALS Orange 30min up the road. Subject to change obviously and how many holes they batch together. Lab looks to be running at 4-6 week turnaround from RC. They may or may not have paid a few $$$ extra to express the first two holes too so a bit hard to know exact turnaround. They were super quick!

    Note the high res ground mag and gravity are due imminently. I’m very keen to see the mag overlayed with the current mineralisation and other surveys like the IP. This should show the off structure hot spots in the country rock!

    Im still trying to work out how substantial disclosure works on the LSE. I did note it’s T+2. I also note WTM has sold a few parcels since October last year and decided to disclose them in the quarterly rather than dedicated announcements. We have a quarterly due within the next few weeks but if they sold post 30 June we might have to wait until October for confirmation. Unless they placed it in events post end of quarter.

    However, any new company presentation would also disclose it unless they left that overview slide out or didn’t mention cash and cash equivalent $$$s.

    Im keeping an eye out here for any LSE notices that may be required.

    https://www.londonstockexchange.com/stock/TGR/tirupati-graphite-plc/company-page


 
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