My understanding is that rock chips were sent to lab prior to announcement on the 14th Nov so nearly 3 months ago. Assuming a shutdown over Christmas let's say it's been 2 months. Hard to know how busy (probably extremely busy!)they are but hopefully we could see results in the next few weeks?
With permits for drilling, they already have an exploration licence and potentially land access from November still current but I am not sure how long this lasts. I think they need to submit a program of work which takes up to 15days to process and if native vegetation clearing is required they need to get a permit for that too.
They may have done this in the background anyway.
Also not long till March and there will be a meeting with shareholders to get approval for Kirup. This will likely pass giving another Lithium potential project only 25klm from Greenbushes!
Could be a good 6 Months with many programs well underway.
KGD Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
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