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Hi Insaf I would doubt we need a CR for a while and that is the...

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shane.hardy

3,012 Posts.

12/11/16

14:00

Post #: 20569028
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Originally posted by insaf ↑

Has anyone had a history where a trading halt has been placed for drilling results? Considering the early signs of Seymour in the last announcement and the turnaround in results, my assumption is this has to be good. Otherwise why call a halt - as one of the other posters said it would just be casually dropped in like ltr did. Imo this has to be decent announcement or a complete and I mean an utter failure. My gut feel is that maybe all drill results were being received over a few days and being reconciled. Otherwise why need the 3 days? Usually with very good results we get a th with cr. but no mention of a cr and no need for one for the moment. Waiting in anticipation.

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Hi Insaf
I would doubt we need a CR for a while and that is the last thing they want or need
drilling costs for Seymour should run into about 350k total ...so we would still be +3 ml in the Bank
costs for Graphite drilling about the same.
the 3 to 4 days for the TH maybe to allow a reconcile of drilling results to latest Results and also start up of Graphite Drilling....either way news should be positive.

ADV Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
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