announcements and public awareness, page-13

  1. 11,090 Posts.
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    not sure there is any problem here

    they'd told us before that the cyanide process would be up and running
    and it is - no significant news, no performance results yet, so that did not need a separate ann

    and as far as drilling results and geotechs go, they will have had their techos sit down and assess these before they decide on the significance and form a view to allow them to make comment on them
    + it's likely they asked for the assays to be provided together from the lab, so they could make most efficient use of their geo resources analysing them
    + once the assays arrived they've got the geotech work provided part complete and without any analysis yet, it seems obvious to me that is again to make best use of resources and planning, plus an awareness of the upcoming meeting, so they've done their best

    so imho it's the assays arriving that has triggered the in house assessment, and that has prompted getting an early incomplete geotech read-out

    no different to any other player as far as news handling goes imho

    all we need now is the drilling business to consolidate and diversify to get that on a better P/E rating. It's rsiky while it's still small and hence dependent on a limited number of clients. Blessing in disguise having to move some of these rigs from their major client to new clients.
    plus of course the gold needs some better sort of resource assessment - at the moment we are still just getting indicative drilling, it'll need more to re-rate heavily i think. but that should be coming.


 
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