I believe we may be waiting until late April 2022 until the assay results from the 16 drill holes in December 2021 and January 2022 are announced.
Basis for this is that the assay results from the 4 holes drilled in early November 2021 were released on 8 February 2022. Which is three months between 10 November 2021 (estimating as "early November") and 8 February 2022.
Drilling for the further 16 holes was completed in January 2022. If we set the date as 31 January 2022 (worst case), then three months from that is late April 2022.
Also need to note that there are 4x the amount of holes being analysed, which therefore may take longer to analyse and get results released. Although there would have been a lesser amount of drilling by companies over the wet season in northern Australia, therefore less results being analysed and potentially the REC results could get analysed quicker.
REC Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
