focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
5 months for assays assumes they sent it off instantly. August RNS says initial boreholes were sent away for cutting and preparing samples etc. So question would be how long that process took and when did they hit the labs. November RNS adds more details as to the prep work before being sent for assay (Core is being logged, cut, and weighed, and some are undergoing density measurements and XRF analysis before being sent for assay preparation at the laboratory and then for assay.).
Lord give me the confidence of traders who use other people's money and make definitive statements with nothing to back it up. Dalny/REE samples still being prepared to be sent to the labs. https://www.linkedin.com/posts/east-star-resources_kazakhstan-drilling-rareearths-activity-7009080281034809345-BBy2?utm_source=share&utm_medium=member_desktop
Another 20p prediction. Should order the bunting early to get a discount #20pParty https://twitter.com/broxy59136419/status/1602001367152951297?t=XX3KlXk9M2vKooZZOMEjFw&s=19
Oof. If gold and REE corroborate recent/historical data, think an exuberant run to 20p is possible. Competent CEO, high grades, low costs and many on the sidelines. Easy story to grasp and the "country discount" will be plugged.
No, Shirley. VMS drilling is part of original budget. According to their presentations, goal is to assess farm-out. Otherwise, for current FY, it's projected to be 450k licence spend and 35k monthly cash burn. If gold assays are off the charts, very easy to get good financing in. Look at GCAT as recent example of getting non dilutive finance in. Same for copper, especially given the forecasted supply deficit.