There is currently a huge drilling campaign underway. The largest they have even done I think. As usual, assays will be delayed and they mentioned a long wet season delayed the commencement of that. It’s very hard to say when results will come in. Their comments reflect that they expect significant extensions to most of their deposits.
Other announcements should relate to progress of the mine. An announcement regarding new leadership will have to come within the next couple of months as well.
While not guaranteed, possible announcements could involve running a study regarding a hydroxide refinery.
I can’t be more specific about dates. If anyone has more information please add it in.
CXO Price at posting:
$1.16 Sentiment: Buy Disclosure: Held
