Amigos, it's been a slow period but there are cicumstances beyond the COVID lockdown. For example, the announcement by GRL on 16th September tells us that assay results are taking eight weeks (see quote copied below). It means that we may be getting Lewis Ponds RC assay results in mid-to-late November. Also winter snow in the central west of NSW caused slushy conditions for drill pads and delays at Gundagai and Lewis Ponds. Landowner tend to get a bit cranky if their soil is ripped up by drilling rigs (also the NSW Mining Regulator imposes very heavy fines plus suspends exploration licences if damage occurs - just ask CCZ shareholders who saw their company fined and suspended for more than 6 months in late 2018-2019, from memory). So, I guess it's patience then more patience.
"All samples are currently in transit to the geochemical laboratory for multi-element assay. Results are expected in approximately eight weeks."
GRL Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
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