Gravity results are unlikely to make any material difference to the share price. They will just be useful information used in conjunction with other data to develop high conviction drill targets. As far as I'm aware SER/FMG have not provided any timeline for actual drilling at Canobie.
The things I think could move the SER share price in the next couple of months are:
- Further positive drill results from AGC from their Achilles 3 tenement - 6-8 weeks away +/- >> unlikely to be anything interim as the first 20 holes are RC so no drill cores to share with market (eg. visible gold)
- Drill results from SER's Achilles 1 tenement - drilling will only commence in July (no date range given) so you'd think we're 8 weeks+ away from any announcement.
Not to cross promote too much
@Rose123 but if you're looking for a share price catalyst in the near term, check out ASX:
LGM who have drill results from their Bauloora tenement (Sugarbag Hill) due early July. If the results are positive their share price will get a real kick.
