fair call on results not affecting the SP. Few reasons for that:
1. Sentiment as we are entering global crisis - but if we don't make a deal with Russia the west will need PGMs and that will eventually kick in.
2. The results are good but not spectacular or really strong and only such will push SP higher in this market.
Now to how long it will take - From what I've seen in the past it can take anywhere between 2-6 weeks as the new resource calculation needs to be reviewed and verified by independent consultants. So plenty of time.
However, once all results are received POD can workout where Stage 11 &12 holes will be drilled and can start booking a Rig (if all approvals are in place).
Also, Rh and Ir results will take longer to receive and POD may decide not to wait for all 5E plus Cu & Ni results to come in to do the new MRE. They may opt to include these results in the new resource upgrade once Stage 11 and 12 are completed.
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