AUR 0.00% 0.8¢ auris minerals limited

Ann: More High-Grade Copper at Wodger, page-21

  1. 13,820 Posts.
    lightbulb Created with Sketch. 694
    Well, there does not seem to be a rush even though the CEO says that follow-up work is now a high priority (p1) as on p4 it says that the results ..are currently being reviewed and will inform the planning for the next phase of drilling with shareholders (what about the market???) to be updated on the commencement of the next round of drilling in due course.

    'In due course' does not engender the message of priority or haste. It's a 'when we are ready' sentiment that is being conveyed imo and I think that this is the feeling that the market is getting, leading to the constant selling.

    Whatsup, there is nothing in the ann to give any indication as to when the drilling may start. It could be next week, next month, the month after. The AUROA deadline of 20 September will have come and gone by the time this next lot of drilling happens and with news of results released - or so it seems at this stage.
 
watchlist Created with Sketch. Add AUR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.