CDT 0.00% 0.3¢ castle minerals limited

Ann: Castle Completes Oversubscribed $1.52M Placement, page-12

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  1. 1,896 Posts.
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    OK, can we discuss what to expect in Q4? I know we received news from management recently in conjunction with the placement, but let’s break it down. My thoughts below.

    I’m somewhat disappointed that we haven’t heard more regarding the upcoming drilling in Kambale, haven’t the rigs been booked yet, the expectations are Q4 but when exactly? I was expecting a more aggressive wording from management on this following the good results from earlier this month. Like drills booked and work to commence in early October ;-)

    It’s really the older WA gold tenements that are potential news drivers for now, with Kambale starting off again sometime in the next 3 months. Results potentially 3 months later so news possibly 6 months away for graphite. Earheady and Green Lion won’t be until Q2 at the earliest.

    I’m happy to be wrong, just explain it to me like I’m 12.
 
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