Delay in announcement by PRX in relation to assay results appears not a good sign!
It's nearly 2 months since the drilling commenced and still no results to date. Things are looking very doubtful with somber outcome in current circumstances.
Gold exploration is always like that- full of uncertainty after expensive drilling.
To me, it looks like PRX hasn't got the outcome it wanted in Arunta at this stage. That may be the reason for further delaying the announcement.
This would indeed affect the PRX share price. How much? I don't know.
DYOR
Add to My Watchlist
What is My Watchlist?