RE: Limit orders to buy5 Dec 2024 19:23
I don't think BG will delay releasing any positive news. As well as the legalities of that, he knows it is important to keep the momentum going. Therefore, the longer it takes for us to get PEP 13, the more likely it's had to go back to the lab because it's over 5g/t. Put differently, WE don't want PEP13 this week because we want it to have gone back to the lab.
By now, OMI will have had the initial result for PEP13 and resent it to the lab if it was over 5 g/t. What's interesting is that likely knowing that, BG tweets today included the following:
"Global average grade for open pit mining is now a touch over 1 g/t, so we are a bit ahead of the curve. It is however far too early to be speculating as there is as yet no evidence of size or scale, but it's a decent start."
Would he tweet like this simply on the basis of the first hole and if the initial result of PEP13 did not support the above tweet? OR is it more likely that does he know that the second hole is also over 5 g/t, but obviously can't release it until it comes back from the lab i.e. next week? Obviously, we will have to wait and see.
So I don't want a RNS in the morning. I want 'Friday FOMO' instead because no RNS has landed, creating anticipation of next week's RNS telling us that PEP13 is another worldie at over 5 g/t! All imo and dyor