Yes, there are 4 significant targets to be drilled and 3 diamond holes which can take up to 2 weeks each (depending on daily metre rates). We will be drilling for at minimum another month IMO. If there are any sell offs during that period, like we saw today then it will be related to market wide or sector wide issues. Just like we saw today - ENR, CGR, NWM all down around 8%. Perhaps the news of Biden not running against Trump has spooked the niobium/REE sector, because despite what a lost old clown he was, we all know how bullish he was on critical minerals, tech and renewables.
If the sell off is related to poor results, it will be much higher volume and higher percentage losses. But there is no chance of that for another 2 months when these Avalon and other targets start returning assay results. Hopefully before the assays, we get some decent geological/technical updates from the field which can help derisk and give more confidence for good assays and potential mineralisation.
