AAR 8.97% 8.5¢ astral resources nl

General chat and comments, page-17

  1. 220 Posts.
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    Seems as if there won’t be an update before Christmas. I think drilling news has been disappointing in 2020 but management can change that in 2021 immediately. Don’t wait, don’t build up a ridiculous amount of assays. They need regular news flow to get investors interested and with two drills rigs and improving assay turnaround times from the labs this is achievable.
    In the Rising Stars presentation on Nov 10 they had completed 56 holes. All of these results should be ready early in 2021 and hopefully are released.
    Then get results from Mandilla South of another month drilling ie Nov-mid Dec and release them a few weeks later in mid-Jan
    The second RC started drilling at Mandilla East in Dec, they could release the holes drilled pre-xmas around end of Jan.
    Then mid Dec-mid Jan holes from Mandilla South could be released a few weeks later in mid Feb.
    Then Jan drilling of Mandilla East results announced end of Feb.
    When the placement was announced, it mentioned 10,000m of diamond drilling. It would be good to know when these planned holes will be starting.
    Even if the market is quiet early in Jan, if a company starts producing drilling results, the market will take notice whether the results are good, bad or indifferent.
    It is time for management to step up and show why they have undertaken such an exciting drilling program of 27,000m
 
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