Ann: New Windmill East/Origin gold lode prospects at Greenvale, page-102

One member works for a lab. Can't remember if on here or another thread. But mentioned 150k sample backlog and 4 month delay at his lab.

Considering over the next few years metals are expected to rise, so to will exploration, only worsening that 4 months if labs fail to increase capacity.

Basically Spq is burning a quarter of cash just waiting. Next round of drilling we will be lucky to see the results by July.

Odd thing, one labs annual, they stated targets meet, make no mention of backlog. Because there targets were meet, bonus were paid to certain folk.

Work that out?

I get the feeling labs do not want to spend money to increase capacity as there ROI would drop.