I'm speculating here but I have a feeling that DKO is only going to announce when they have the whole story as opposed to last time where we got a drip feed of assay results. The reason I make this assumption is because I feel that the market will not just reward more good grades.
The market wants a resource very soon. So they would be better off announcing that they've struck a whole lot more lithium and based on the drilling to date they will soon have a JORC compliant resource. They'll need to provide a very specific timeline and add a lot of positive spin.
The best approach would be to infill drill at Lynas central first and send off assays so that they can at least announce the maiden resource with 1.73% grade together with more assay results... Then they can definitely drip feed results...let's see what they do.
I'm holding for the long term... I feel this is way oversold and tempted to buy a lot more. I wish I had the cash!
