FFM 2.47% 83.0¢ firefly metals ltd

Ann: Suspension from Official Quotation, page-22

  1. 9,319 Posts.
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    The announcement about the 5000 meter diamond drilling program start was made May 27. I doubt very much that assays from this will be available by July 2. Unless canuk drillers have a fearsome reputation for efficiency.

    we already know the issue of an initial resource estimate for Pickle Crow is late. Any one who has looked at the schematic of historical drilling and data realizes it's all over the shop.

    Not having had any experience whatsoever in JORCing exploration results, i can only imagine there would be a lot of inferred resource estimates, which for all i know can be time consuming.

    the big volumes and sharp gains early in the week had a whiff of leaky vessel.

    perhaps AUT will use the suspension delay to tighten up its JORCing and do a light mea culpa to ASX.

    AUT can hardly say no reason for the SP rise when everyone knows it's a literal and metaphorical gold mine they're going to be announcing. Eldorado rediscovered in Canada.
 
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