Up to 40 submissions awaiting assay is a lot of samples, there is no way they sitting on results, as the announcement says the delays are in the assay lab and outside STK's control or might possibly be just a logistics chain thing if roads are closed to road-trains or trucks.
More likely is that the assay lab they use is swamped with samples from other gold exploration companies or there has been some sort of equipment failure preventing sample prep or fire assays or staffing issue at the lab. I have even seen labs suffer from IT failures or computer network attacks from hackers that have meant significant delays in getting a lab up and going again so lots of various but plausible reasons why assays are delayed.
You are definitely overthinking it, but even if its circumstances outside STK's control it wouldn't be hard for them to say what the actual issue is.....
- Forums
- ASX - By Stock
- STK
- Ann: Significant High Grade Intercept Unlocks 1.4KM Gold Trend
Ann: Significant High Grade Intercept Unlocks 1.4KM Gold Trend, page-5
-
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STK (ASX) to my watchlist
|
|||||
Last
8.8¢ |
Change
-0.002(2.22%) |
Mkt cap ! $194.2M |
Open | High | Low | Value | Volume |
9.0¢ | 9.3¢ | 8.5¢ | $242.2K | 2.739M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 303194 | 8.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.8¢ | 646918 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 303194 | 0.085 |
2 | 35594 | 0.084 |
1 | 80000 | 0.082 |
1 | 200000 | 0.081 |
5 | 379500 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.088 | 646918 | 1 |
0.090 | 100000 | 1 |
0.091 | 200000 | 2 |
0.092 | 500000 | 1 |
0.093 | 131643 | 2 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
Featured News
STK (ASX) Chart |