TAW 0.00% 31.0¢ tawana resources nl

Ann: Tawana & Alliance to Merge and Capital Raising & SIA, page-404

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  1. 2,237 Posts.
    lightbulb Created with Sketch. 4001
    Off the top of my head, I could suggest;

    Because the drilling was delayed
    Because the assay results have been delayed
    Because they have limited staff to work on it
    Because their attention has been on expansion planning
    Because their attention has been on mine planning to feed the accelerated expansion
    Because their attention has been on the merger
    Because their attention has been on the assets being spun out
    Because they were going to be cash restrained prior to the CR, and have now decided to do more drilling ASAP and deliver a more comprehensive update when it does come out
    Because they need to go bigger than originally planned to justify to the market and the ASX why they're building a second DMS already (assuming the planned updated reserve was only enough to feed one DMS for 7-10 years)

    And most importantly:
    Because it doesn't matter a rat's fluffy little rectum if the update comes out in April or May or June, as long as it is done right?

    Mix and match as you wish.
    Last edited by Sharpey: 09/04/18
 
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