GRL godolphin resources limited

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1.4¢

Drilling should start soon, page-2

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RED328

3,372 Posts.

1898

13/01/20

18:21

Post #: 42356944
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Originally posted by RichMan73: ↑

From what I remember, drilling contractors are back at the end of this week and we should see drilling start asap.
Allow what, a week or two for drilling to finish but they will send back samples as they get them I expect, depending on type of drilling, then off to the lab for early results.
We could see early results at the end of the month, although that is probalby optimistic, but certainly we should have something in early Feb.

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Hi @RichMan73
The lab already has a substantial quantity of drill sample pay dirt they are working through.
There were previous drill samples prepared and ready for lab analysis under Ardea, management, they held back the analysis because of the spinout and cost allocation.
I agree with the action taken as it was prudent cashflow management from Ardea perspective.

We should be nearing an announcement on the results shortly.
RED

GRL Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
12 Upvote

2 Great analysis

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Drilling should start soon, page-2

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