@gary123
It has been a frustrating hold for numerous reasons however we are nearing the commencement of the start of field season mate so lets hope we aren't too far away from further insight via ASX announcement of the plan for 2024 which hopefully includes drilling as soon as the weather permits us to get out there with a rig.
We have some very good targets to drill which is why we are all here, hang in there (not much else we can do at this share price).
It has been an interesting period since 20th December 2022 though where investor sentiment was at an all time high (as was the share price) with the anticipate for further drilling as per ASX announcements.
As we sit and wait, here are the times where we are told over the past year and a quarter that drilling has been booked, just around the corner or planned for 2024 - yet never eventuated.
Plans can change, exploration can change, uncover new ways forward etc.
However the promises have happened consistently now for 15 months and really poor in my view. If plans have changed then fine but don't keep telling the market you plan to drill right even to the point where the weather no longer permits you to get out in the field.
I can't say I've seen this too many times over the years.
20/12/2022
10/1/2023
23/1/2023
7/2/2023
23/2/23
3/4/2023
Investor Presentation released to market - 2/5/2023
10/7/2023
23/10/2023 We are still saying we are drilling Mick Well, yet it has been taken off the timeline. Sill Arthur River drilling on timeline
14/11/2023 - An exact copy and paste of 23/10/2024. Still drilling Arthur River
7/12/2023 - Drilling still in timetable here although not possible at this point as due to weather they couldn't have got out there.
20/12/2023 - Drilling for 2024 finally taken off the table
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- ASX - By Stock
- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
@gary123It has been a frustrating hold for numerous reasons...
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