The balance of drill results you would expect to be due any day now, but i don't think how long it's taking is an ITM specific issue. Obviously a lot of drilling has been going on, as industry wide there are lots of delays. CMX as an example did drilling on the Eyre Peninsula at a similar time to ITM and are still waiting on the majority of their results.
I think the ANZAPLAN final results were initially expected in August.
I'm sure plenty of work is being done advancing:
- drilling plans for graphite
- met work on REE results available to date. Getting a better picture of ability to leach REE's from clay
- follow up drilling on REE/Kaolin prospects
- commercial opportunities of graphite projects. Assume this would be in conjunction with the ANZAPLAN works.
Thankfully the cash position should be good so plenty of scope to progress projects regardless of what the market is doing.
The balance of drill results you would expect to be due any day...
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