EXR Trading 2021, page-1683

Specifically regarding announcement, the company has announced at least 13 holes for this year, pilot production testing, seismic analysis and two expeditions. It's highly likely that most of these announcements will be price sensitive, meaning that there will be a barrage of company announcements hitting the ASX this year (every few weeks or so). Obviously the the SP will depend on how these announcements pan out, however if you are optimistic, then the information being put out by the company will be non-stop. Further to this, there will also be laboratory testing etc. coming out on top of the "Operations Updates" which usually follow the drill holes. This is all set to commence shortly after the Contingent Resource booking expected in the next two weeks or so. With more attention on this stock than last year, further excellent results like Nomgon in 2020 (i.e. up to 90m worth of coal intercepted) could send this upwards very quickly.