GRV 3.57% 2.7¢ greenvale energy ltd

Ann: Greenvale Set to Commence IOCG Drill Program, page-99

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  1. 5,565 Posts.
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    Actually I do not know if it is a requirement or not for mineral exploration.
    Certainly companies that do a lot of drilling [like ncm] do not inform market as and when drilling commences - since updated in bulk, like per the quarterly.
    Offshore O&G companies that I have held inform market when spudded and then provide weekly updates - but that is a different sector
    I have not encountered mineral exploration companies providing weekly updates though - thus not a requirement

    However I do expect GRV will inform the market when drilling commences in ET - that is my take on GRV.
    [further - with the 3 month Alpha delay, then GRV would be very wise to put out "feel good" announcements when they can]

 
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