ASR asra minerals limited

Where do you get this idea from? The data likely sent off for...

  1. 5,949 Posts.
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    Where do you get this idea from? The data likely sent off for the MRE upgrade the same day its received, but only announced to market if quite good, or better. You suggest companies throw whole cores away or lab results? Not saying it couldn't happen but all hell would break loose.

    You just wrote that it takes 1-3 weeks to final sign off by competent person.
    "If the intercept or event was very significant, it would be a trading halt, then drop everything to get the Ann out."

    You imply that a 1-3 week Trading Halt is ok?

    How are they going to get competent person to speed up?

    Sure the company might get a great sense or feel of whether to be happy or not, just by looking at grade and knowing intervals and while they wait for the sign-off can use the time sensibly to figure out what the announcement needs to look like - ass covering, spin or Alleluia. The loose lips people talk about will be more or less others reading body language. Anything else leads to Reputational Risk or worse up to and including jail time. The driller gets paid to drill/core and they have records of how many holes they drilled depth and location in order to get paid. The labs make sure their records are straight how else do they get paid. Somebody would notice.

    The explorer Hammer Metals drilled a nearology hole next to a known high grade resource and announced a complete fizzer - not a spec of anything, zero. SH were mifffed but at least it shows some honesty and credibility if the next time they come out with great results. Trust is hard to gain easy to lose. I think you are barking up the wrong tree.
 
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