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Reasons behind the delay of SR:1) Delay of getting to the lab -...

  1. 68 Posts.
    Reasons behind the delay of SR:

    1) Delay of getting to the lab - from what I know, it was getting to the lab approx on 10th of sept ~ 1 1/2 mths ago

    2) Low priority - other projects first

    3) Planning next round of drillings - to announce at the same time

    4) Drag out the announcement - to disappoint fcn boards and shareholders - assets buy out in near future - very likely

    5) something special/big in the results - more care in analysing and take more time than usual - very likely

    6) samples gone missing - very unlikely - coz they need to report to the market

    7) nothing spectacular to report - very unlikely - coz its only take few words to report that

    Likely scenarios for the delay:

    1) announce in quarterly report with next round of drilling

    2) announce today/tomorrow

    3) big buyers entered at 0.175 and 0.18 last few days (millions)

    4) someone already knows the quality/potential of the results

    5) something specialy/spectacular about the results - take more time to analyse.

    6) assets buy out in near future - est 20-50 mils

    7) next round of drillings to be announced together with the results

    DYOR
 
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