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Have to be Turbo ,before Christmas results other wise it will be coming junk status. if the worst comes to the worst ,Zambia comes out on top, won't make a coming difference.
Lots of news in the pipeline here. Be interesting to see the assays neighbouring core lithium and of course Arya results. I agree will test new high next month.....
lootgaloot , Wed 19:20.
Recommended.
I cant tell you how pleased I am about your observation.
Personally, the attention in Australia is about lithium for those who missed out on the earlier risers. Core Lithium*s Finniss Project is Australia*s NEXT spodumene producer either H2, 2020 or end 2022. Hence, attention is now turning to the NORTHERN TERRITORY where 3 ASX co*s are exploring for lithium near Core.
The ASX co that is located at the Southern end of Core*s licence area has already IDENTIFIED 3 lithium prospects and accordingly, the market has marked up the shares. It was said that the strike in total of the 3 prospects are more than Core*s deposits.
Next will be the assay results of LITCHFIELD lithium project from Castillo Copper. To this end, another ASX co had released assay results of rock chips from the Eastern side of Litchfield when they owned it but they did not drill at the time and have since changed direction. I have seen the RESULTS and pics but one has to wait for the assay results from the WESTERN of Litchfield, 900m from the boundary to Core*s DFS deposits. This is my interest as Core*s mkt cap is nearly A$900m the last time I checked but kindly check for self given this is recall.
ARYA
I am pleased to know that core pictures could be released sorumhortly if it follows historical reporting.
Yes, agree that there is sophistication not seen on Londons forum relating to comments PRIOR to results. However, THE RESULTS WILL SHOW as norm whether hypothesis is correct or not.
THE DRILL IS THE TRUTH MACHINE and thereafter cores and assay results.
Thank you.
News, 28.10.21
Aussies will spin and ****, lootgaloot be prepared for the button 4p.
@news, Castillo normally report visuals before they release the assay results (at least that's how they did it at Big One). Visual cores could be reported relatively quickly.
It looks like the raining season has already started http://www.bom.gov.au/qld/forecasts/mount-isa.shtml and because these holes at Arya are not so deep, my guess is that drilling is now complete and we could get visuals very soon. IMO they wont want to wait until assay results, the longer they wait the greater chance of news leaking.
I'm expecting a trading halt on ASX to be announced on Monday morning in Australia (Sunday night in UK). Or else they will just go straight to announcing the visual cores. It will be interesting to see the price movement tomorrow and Friday. Certainly we've had no indication so far on how the drill is going (good or bad).
Yesterday's 7% drop on ASX just takes the price back to what it is in London. I don't see that drop as indicative of anything. If bad news had leaked it would have dropped by much more. There's a group of derampers on the Hot Copper board working together to very effectively influence sentiment. I don't usually shout deramper but I'll admit it's the most concerted and sophisticated deramp I've seen in a long time. The truth will out soon.
As said, there is excitment starting in the BRYNOE BELT with another co down south of Core Lithium stating in an ANN, that they start drilling next year having identified 3 potential pegmatites. From recall, it is a 70km length and Litchfield is 900m to the Core boundary DFS deposits. So, as interest gathers in the Northern Territory, I am here for this.
The PLS spodumene auction a few days ago achieved another record price of >US2,350/t .
Core *s cost is one of the lowest quartile <$300 from recall.
27 Oct 2021 [Wed]
Rain season kicking should concentrate on one project.
From the Proactive Investors article I quoted the DUE DILIGENCE is being hastened so from that I read that instead of taking 90 days, the co is going to make a decision shortly once the assay results are in. Isnt that new or RNS worthy?
As for Arya, even Havieron is taking time for assays to come back. In those days, once results are in, they have to be REVIEWED by the technical team [geos] and then the statement has to be passed by a geo and the nominated advisor. So, reading things after 10 days for completing 3 holes may or may not be tis or dat. So, one has to wait.
27 Oct 2021.
I am also waiting on another co and it is the same at NSW although Queensland is also busy.
There is another co drilling near the coast of Qld and it is also taking time. So, just have to wait and those who dont want to wait, they are free to do whatever their view is or is not.
27.10.21
To right aprogerson !
I'm guessing ASX getting a bit peeved at old news being recycled to keep newsflow going. However, lithium licences look really good and the real news will be when the truth machines get to work and drilling starts at Arya and on identified pegmatites.
ATB APR
News-Aussies miss the part , prob no more of the part.
How come the asx dropped over 7%???
"Castillo Copper to assess pegmatite at Picasso Lithium project through site visit."-Proactive Investors, 27.10.21
"From here, Castillo should have more than enough EVIDENCE to COMPLETE DUE DILIGENCE on this emerging lithium play."
"While there is compelling historical EVIDENCE already and surface ASSAYS PENDING, the board is keen to fully MAP & TEST ALL POTENTIAL TARGETS for lithium mineralisation with the
tenure to HASTEN CLOSING O U T DUE DILIGENCE."
To read, just call up the above title. The article came out shortly after the Australian ANN.
Comment:
Many did not see the above. So, it would appear that Castillo are "HASTENING" closing out due diligence even though from the previous announcement, they have --90 days---to do so?
Interesting. Aussies didnt catch that part.