AS1 8.33% 1.3¢ asara resources limited

I re-read announcements last night and all appears OK and...

  1. 539 Posts.
    I re-read announcements last night and all appears OK and loosely on schedule.

    There was an announcement around the 12th of October announcing the drilling down to 200m. The announcement stated drilling will commence, and once drilled, results will take 4 weeks to assay in South Africa. So assuming drilling takes a few weeks, we are actually not that late at all. I would expect an announcement soon however if all went to schedule.

    Further announcements were about new drill targets, which was the planned strategy.

    The recent announcements still mention a JORC due this year.

    I think it's risky for investors to sell now with the potential for a strong December, news-flow wise.
 
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