MEU 0.00% 4.7¢ marmota limited

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  1. 773 Posts.
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    I am still of the belief that no market sensitive announcements can be released before October 12th due to the directors change of interest. The following steps at Durkin copper/nickel prospect are being taken as per last announcement.

    1. Continuing infill soil sampling- Results could be released anytime if not considered sensitive.
    2. Airborne EM survey- will be commenced once contractor is secured “over the coming weeks”
    3. Approval for drilling will take “several weeks” in which time hopefully the survey is completed for drill targeting.

    Generally, announcements relating to securing contractors (EM and drilling), obtaining approvals, commencement of drilling, are price drivers. We can expect several of such over the coming weeks in which time anticipation will build. On the other hand interest will wane if the market is not kept up to date. A lot of people are still hurting; some have left never to return on ethical concerns but time will tell all.
 
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