"The laboratory has advised Argent to expect delays because of a significant increase in assay volumes, with assay results being available within a timeframe of up to five weeks from receipt of the samples."
I've had rocks assayed at ALS in Orange which is where I presume ARD have their work done although they may assay elsewhere.
Generally the results come in and if you want then you must pay or they don't release the info. It is at the discretion of the person/coy requesting the results to have them released "in the short term".
I've read the same "significant increase in assay volumes and accompanying delays"
bullshit from other ASX companies assaying their cores and assorted samples when I've had material at the same time as those announcements go from some testing in Orange to testing in Brisbane and the turn around for me was about 10 days. It depends how keen you are to stretch it.
If the explorer cuts their own cores they can take a significant amount of time to get things ready before dispatch to the Lab.
Every company has their established style for time frames and the speculators that follow them just need to times it by their own established ratio. Any seasoned followers of this stock or any other stock will know what to use to work out the real delays and expected info reporting.
MI
ARD Price at posting:
3.2¢ Sentiment: None Disclosure: Held
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