While checking Sentinel satellite imagery for Bindi and Dasher on a regular basis I have only seen apparent drilling done on previously? (late 21 early 22) prepared RC sites at Bindi West, the 6 sites on the fold projection and 4 in southern Dasher.
Seems a bit surprising given there are 3 rigs. Maybe they are in stealth mode? Spotting the Geotech/Mett DDH holes is nigh on impossible given the density of drilling last year on Bindi East.
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The lack of announcements from companies these days is causing many to get nervous about their investments. In more normal circumstances it would be bad enough but with current global issues this speculative end of the market's risk reward ratio is more apparent than usual.
For CVV reporting visuals from RC chips some 2+-months before assays become available would IMO be a fairly high risk strategy unless some special intersection(s) were found. PXRF helps but is more qualitatitive than quantitative. Some in last Ann. Industry wide issue.
Drilling takes time and if not much happens putting out announcements is a two edged affair especially if not much is being reported. Probably more announcements are better but we (investors) get inured to them and even good ones don't seem to give much upward traction to the SP. Industry wide issue.
PFS? Likely to be factored in to the current price range unless very unexpected.
Some form of finance/JV/TO is (has been for a long time) my best hope for a significant upward re-rate for CVV. Not industry wide but applicable to many.
Easy to be armchair 'critics'.
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As to drilling I did take a quick look at CVV's Dalwallinu claims. These are close enough to Bindi to swing an aircore rig up for a short first pass though an announcement would be applicable if that was the case.
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