We consider the results of NDIBK04 to be significant to the share price, but the drill hole is a singular exploration pin in ground that isn't technically ours. Until ICG actually owns it, the results are not material to us, and I don't think you can go into a trading halt for news that isn't price sensitive. At this stage it would be like anyone else who is putting in a bid for the area going into a trading halt, just doesn't make sense for them too unfortunately.
While there is obviously a high potential that results in the surrounding area would reflect something similar to NDIBK04, it's not guaranteed so they can't halt based on that either.
Shame to see the price decimated this afternoon, but wasn't it beautiful seeing a new high this morning?!
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- Annual Geoscience Exploration Seminar (AGES) 2021 - 19 to 22 April
Annual Geoscience Exploration Seminar (AGES) 2021 - 19 to 22 April, page-88
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