Ann: Future Facing Commodities Conference Presentation, page-60

I guess it’s whether they judge the ‘news’ to be material. They may have taken the view that they’ve previously announced that Aircore drilling would commence in April, and the fact that the drill rig is on site would simply mean that they’re delivering on what they said they would. I personally would think it warrants an announcement, if for no other reason using it as an excuse to give a bit more detail on upcoming targets and getting the market excited about Tlou.

So to me it’s not so much an obligation to announce it, but perhaps missing a trick by saying nothing when they actually have good news.