ACM australian critical minerals limited

Ann: Cooletha Exploration Update, page-322

  1. 963 Posts.
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    Last thing we need is some sulk on the platform.
    Also, in regards to expected timeframes on the labs, it takes up to 2 weeks from collection to get the samples to the labs. Currently they are running on approximately 4-6 weeks turnaround on the labs for this process and the number being submitted (at the one they've been sent to), then interpretation and reporting.
    On the current process times and as written in the Aug 28th Announcement, the first 94 samples from Cooletha were expected to be completed and reported either end of this week or next week. The remainder of the Cooletha samples will likely be three weeks later (around 3-6th Nov) due to FIFO turnaround of staff.

    Rankin Dome being much closer to Perth will be round 6 weeks to get the labs done from the last announcement, so around 10th Nov.

    So from next week, we should get labs results every 1-2 weeks.
    First labs coincide with the closure date of the options offer

 
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