Drilling has started, and Boart Longyear has their "A-Team" on the rig, so they are hopefully smashing it down. Every rig I have been on, regardless of the team, usually has some issues at some point, so I wouldn't be concerned if minor hiccups occurred/ dropped a rod/ get stuck for a few hours, as long as the core recovery is >90%. It's only a matter of 4-6 weeks for logging and sampling to yield some results, perhaps November for an interim results update? Depends on the backlog in the labs I guess. Either way, I expect it will be a good Christmas story.
Interest is picking up on the buy side, sitting at 30 cps at the moment. With positive results, easily up to 40-50 cps.
Ann: Investor Presentation, page-3
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Last
5.8¢ |
Change
0.004(7.41%) |
Mkt cap ! $22.78M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.8¢ | 5.5¢ | $10.95K | 197.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 9918 | 1 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
5.6¢ |
Change
0.004 ( 3.70 %) |
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| Open | High | Low | Volume | ||
| 5.5¢ | 5.6¢ | 5.4¢ | 59023 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| EM2 (ASX) Chart |