I like the work being done by Godolphin's M.D. except GRL shareholders have seen and heard it mentioned several times that the Narraburra Projects updated Mineral Resource would be expected in March 2023.
FROM GRL's ANNOUNCEMENT OF 14th February 2023:
"The Narraburra Project’s updated Mineral Resource Estimate to JORC 2012 standards is expected to be delivered in March."
and from the same announcement:
“We look forward to working with ANSTO over the coming weeks to understand the Project’s mineralogical make up and leachability. Our initial focus is to assess Narraburra’s potential as a mining project, with the REEs extracted by leaching, often the lowest cost method to extract metals. In parallel with ANSTO’s work, we are working to upgrade the Project’s Mineral Resource Estimate to JORC 2012 standards. We expect to release the new Mineral Resource Estimate in March.”
FROM ********* WEBINAR 3rd February 2023:
Updated JORC 2012 Resource by Q1 2023
The updated resource by end of March has also been mentioned at least twice by the MD in presentations and interviews.
I realise that GRL may be awaiting test results to form one announcement but the company should meet its own timelines and or otherwise explain to shareholders.
GRL Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)