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clock Created with Sketch. 20/09/21
17:15
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Originally posted by Brobel:
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So there are 3 things I want DEV mgt to announce in the next 8 trading days - i.e. before 30 Sep. And in no particular order...Nabarlek : DEV announce the results of the review (which will be positive of course with multiple drill ready targets identified). A new IP survey to be conducted while preparations are being made to enable the mobilisation of an RC & DD rig/s which will continue during the early wet season (wet season in NT is Nov-Apr). Otherwise Nabarlek is parked until April 2022.Sovereign : DEV announce that expanded ground EM has identified significant EM conductor plates ready for RC & DD drilling with rigs already secured and mobilised onto the ground. A pXRF has been secured to speed up the prioritisation of assaying for deemed mineralised cores / cuttings. Drill program will be at a minimum 10,000m.Wilga Downs : DEV announce a discovery hole in the Cobar region. No pressure DEV but something along the lines of:60.0 metres @ 2.5% Cu , 1.5g/t Au , 18.0% Pb+Zn & 104g/t Ag will be a great start. High grade mineralisation extends to over 700 metres down-plunge; remains open in all directions.
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nice pump Brob, it’s very possible however the reality is this a 100M market cap at 33c and no hit so far from the drill bit. So there is a lot already priced IN. Any announcement has to be material to move higher….
(20min delay)