They are incredibly slow when it comes to releasing news. Tim on the Fin News Network in November said they'll have drilling results out early December.
In saying that though, management are both experienced miners and money/market managers and I've got the feeling that they will line up a string of announcements and release them when they think the market will take most notice of BSM.
It's quite easy to delay drilling results, you just don't have a JORC complaint review the results. I'm sure all drill holes are completed and assayed, it's just waiting for Tim to "review" them.
It would be good if they lined up and announced over a 2 week period:
1. first export + grade of graphite
2. process plant recommissioning
3. graphite drilling results.
An added bonus would be if they announced some field works discovery and potential drilling targets on millies.
I took the opportunity to grab more at 1.7c. I'ts a no brainier at these levels considering how hard the other Graphite & LI exploration plays have been running.
Happy punting in what I'm sure will be a massive year for BSM holders.
They are incredibly slow when it comes to releasing news. Tim on...
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