SPQ 0.00% 0.7¢ superior resources limited

Ann: AGM 2023 MD Presentation, page-168

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  1. 13,940 Posts.
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    The drilling program at Cockie Creek took a side road because of what was showing up in the drilled holes. They would have followed their noses. That is a good thing imo.

    CCDD7 was not as planned and it looks like (a short odds-on bet in fact I reckon) it may have hit something very good, enough to cause a pause at CC while the porphyry specialists working with the company waited for all assays to come in so that the next lot of drilling targeted the core with confidence. A couple of reports inform of that.

    They have not followed the program at Bottletree either, after drilling mystery hole DD11. News on what has happened there should have been released before the AGM. We don't expect assays, instead, just information on what and why and when.
    The Listing Rules should not prevent management from informing the market of something as basic as that. The section covering the duty of continuous disclosure should not apply as such info would not, imo, be potentially price-sensitive.
    That said though, such info would, imo, see buying instead of selling.
 
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