PUR's "Julimar Discovery" in Calingiri East?, page-63

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greenie64

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01/03/21

15:51

Post #: 51424281
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Originally posted by Pensive: ↑

Was just having another read of the AEM survey extension ann...
My guess is news could potentially drop at any time (unless they are holding any more anomaly finds for the final AEM survey results?)

The announcement was made on the 25th but was written on the 24th of Feb.
Management stated that they were going to extend the AEM survey to 1922 kms (from 1715 kms) and that they had already covered 1371 kms.
This would mean PUR had covered about 2/3 of the total AEM survey for Warrior in 13 days.
If everything has run smooth from the date of the last update, then I would say PUR could quite well be finishing the flying by the end of this week!

It may not be so straight forward as that as management did state completion before the end of March, and they have also allowed roughly 2 weeks for analysis and delivery of full AEM survey findings, but covering 2/3 of the survey in just 13 days, makes me think they are ahead of schedule...

I suppose what I am trying to say is I think PUR have played it safe with estimated dates and we will more than likely get updated much earlier, and wether or not they hold some findings for the final report, or do the righty and update the market as progress/findings arise will be interesting.

Just my observations DYOR.

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agree Pensive.... good to add some schedule contingency, then when things go to plan and its good news, then an early drop of good news always goes down well with SH

PUR Price at posting: 6.4¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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