Hi BWN-watchers,
Sorry to rain on your parade Littletia 1/ Indbull, but Bowen's drilling results will not be released prematurely.
Bowen intends to release its drill results when all the drill holes in the current program have been assayed and not before.
Drilling and assaying for coal is different to drilling for gold and other metals, and the premature release of coal drilling results has the potential to be quite misleading.
This is a big drilling program covering a large area of ground and is scheduled to run throughout 2008. There will be several opportunities for the Company to release results to the market throughout the year
I can't give you a precise timetable for the release of the first results, but it will be several weeks before all the results have been returned from the lab.
I have been advised that there is currently a 4-5 week delay in getting results through the lab. The results then need to be collated, verified and analysed before they can be released.
As I said, sorry for raining on your parade, but I don't want anyone creating unrealistic expectations among others.
Patience, my friends, will be rewarded.
Regards
Tony
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