Not sure why I keep hoping for something different, but another confusing and contradictory announcement from the great AP.
From the last quarterly below looking at the planned drilling at Junction... 17 planned holes
Fast forward to today... 8 planned holes (plus a new planned DD) and 2 pending results. So in 2 months they have managed to drill 2 holes and remove 7 from the plan plus add some additional DD, none of which are going to be included in this mythical June JORC update if it ever does eventuate.
And over at Link. Quarterly had 4 holes pending under Kathleen, and a further 6 holes planned under there and United.
From today, we have received 1 significant result from the 4 pending Kathleen holes (believe rest were dusters reported in the appendix), they never did the other 2 planned Kathleen holes (presumably due to said dusters?), and we have 4 pending at United which actually looks like they added one in that cluster to the left looking like the Southern Cross. One more planned.
On planned DD this quarter:
From today's report, looks like they only managed to drill 2 holes for ~1200m. How did they possibly plan to do 6 for 1800m if the 2 they actually drilled did 1200m? or am i reading this wrong??
DD014 looks pretty boring targeting the thin vein down the Younami main lode, with some small hope Grace extends down that depth on the other side of the fault.
DD012 - i can't actually find on any of the images. Says it is at link but nothing i can find. Any ideas?
Yet again we sit here with minimal info (do you think AP got a bit of a fright re the change in laboratory discussion here on HC??) trying to flick between what they said they would do and what they did, and decipher what the hell is going on in our company.
And waiting.. always waiting.. for a large DD program to deliver. Suppose you wouldn't invest in these companies without a lot of hope and patience! 7 planned DEEP DD holes at Link and 11 at Junction. So we should get results by Xmas 2022.
well punters... at least it wasn't red today like the rest of my portfolio!
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