1. Previous drilling was a disaster, so I want to see a proper JORC. I have seen other companies fail by trying to bypass JORC, e.g. KMC.
2. KAB were drilling for a JORC and was due by June. So there is already a three month delay. Therefore, I suspect that the results were disappointing again and they haven't reported it yet and are doing more drilling elsewhere.
3. KAB have their own lab because assays take too long in Africa.
It's good to see Brewer put in $80,000, but I'd rather see JORC.
KAB Price at posting:
1.4¢ Sentiment: None Disclosure: Not Held