So if you follow the recent ' Flow ' and timeline of release of Soils & Rock Chips and compare the relative response from the likes of Raiden to what might be expected by Odessa - It wouldn't be all that surprising to see a RUN UP in Odessa's SP ahead of what looks like could be the end of this month or 1st week in October in terms of reporting on our own Soil & Rock Chip samples.
So keep in mind that Raiden had its FIRST major re-rate off the back of Soils and some sporadic rock chip samples together with some historical samples.
It's also interesting that Raiden NEVER told the market exactly how many separate rock chip samples were sent to the labs until today's announcement release.
So Odessa has 35 - 36% or just over a THIRD the amount of rock chips samples and and a shite tonne more soils which have yet to b e reported across these also very well KNOWN lithium pegmatite swarm East to West trends. ....., and of which have not as yet been factored into its share price.
So when you see that theses FIRST lot of pending rock chips have resulted in a nice bounce of 20% plus from Raiden's recent retrace..., and which was partly on account of AZS's capital raise of $2.40 issue price together with the rotation yesterday to WC8 , VMC, and others '..... , you can see how this augurs well for ODE in the lead up to its own results.
You can also see that this rotation yesterday has now ' Rotated ' back into RDN and to a lesser extent the ARV's & ERW's.
Of course we had the BUS and RR1 moves in our area yesterday while both BUS , ZEU , RR1 , MI6 look like taking a breather late yesterday ( for ZEU) , and today.
Looking at the actions of ODE today though - it almost seems as though someone is having a look at ODE and running the ' Early ' rule over its prospects.
ASX RELEASE | 23rd August 2023 - Raiden Resources
Rock samples from outcropping pegmatites will be assayed by ALS Perth, with results to bereleased as soon as possible.
The Company will report on the results of this current exploration program as they becomeavailable.
ASX RELEASE | 19 September 2023- Raiden Resources
• First batch of assays from Andover South program (81 out of 301rock chip assays received to date), with additional assays stillpending
• Consistently anomalous rubidium grades in rock samples, withgrades up to 0.36% Rb
ASX Announcement 7 September 2023 - Odessa Minerals
• 777 soil samples collected pending delivery to laboratory
• 107 rock samples completed pending delivery to laboratory
So the thing is with Odessa is .......When did they ( the rock chip & soil ) samples get delivered to the labs. We know how many there are , and we know they are continuing with more samples - But we don't know when they actually were sent to the labs , and therefore don't know when to approximately expect them back as exampled by Raiden's LESS than 1 month return of 26.9% of their results.
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