The Company may normally have its Resource Statement Update out by the end of August each year but it has communicated in the Jun21 Quarterly:
"FY21 drilling will be reflected in the annual Ore reserve and Mineral Resource Statement, which will be released in Q1FY22"
In that respect, it is not late.
So much of the Resource falls into the indicated and inferred. I look forward to the ASX Announcement coming sometime before 30Sep21, increasing the measured.
There must be plans in the works for that big bag of cash but if the Company invests in Africa, I'll be the first to sell shares.
SLR Price at posting:
$1.39 Sentiment: Buy Disclosure: Held