LOT 7.41% 29.0¢ lotus resources limited

They may have reach the target horizon the weekend before the...

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  1. 407 Posts.
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    They may have reach the target horizon the weekend before the announcement, it takes a day or two to get the info back to the office (doubt there would be service 30k west of Wiluna) and put the announcement together on Monday then we had ANZAC day holiday then announcement Wednesday. The drilling above the target limestone may have been difficult plus a day of rain maybe rig problems then into the limestone at 30m a day for 6 days finished Sat with some nice pink colour in the drill core, that is the likely scenario plus no one has mentioned Gold it may have increased in grade at depth and is visible to eye or xrf. The other scenario is one of the drill crew opened their mouth at the Wiluna pub and said that the hole finished short or the rig blew up.
 
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