Thanks Aqua your link is the print version so it won't work , however
"he Australian mining industry is flourishing and is the core of the Australian economy, despite the ongoing pandemic. However, the sheer amount of work being done in Australia’s exploration and mining industries has impacted on laboratory processing times, resulting in long turnarounds.
Laboratories cannot have employees doing two or three extra shifts because people are either confined within a State or the country. As a result, laboratories are taking eight to nine weeks to process samples."
"has also found it challenging to get equipment, such as drill rigs, for all of its Australian projects. In addition, the drilling companies were often only able to provide one drill crew. Before the pandemic, drilling companies were able to provide 2 crews to offer double shifts, so current productivity is also halved in some cases."
Dunno if it makes a difference Aquae , they were drilling in the winter months which others tend not to do and as it has moved into spring has it put more pressure on the assay offices . Lockdowns probably haven't helped but don't want to make excuses for them , they should be explaining the delay and not leaving it for investors to guess.
China will be interested in the thermal coal as well , they have been told to secure supplies and that is how they roll , look at copper , ppe et al , they messed up with their argument with Australia so the thermal is a sleeper at the moment as big companies moved away from it before the green energy is reliable enough to produce an uninterrupted supply (look at TGA since it was offloaded ) . I agree with early bird 20p is low ball , if they get it right and thermal becomes part of the deal you can double that as a starter and it will still be cheap and in demand.
An update is definitely due , seems like an information lockdown with even the twitter account on lockdown too .
Excavator should have arrived , bigger drill ditto, assays haven't got a bloody clue because they have never mentioned why the delay and we can only assume (however it has been mentioned on twitter that Kristy is finding mineralised core . " ecrminerals @ecrminerals · Sep 6 #ECR - Core samples from Hole CSD009 at #Creswick
~ Logging and processing of samples undertaken at Bendigo core shed overseen by Chief Geologist Kristy Plieger ~ Assay work on samples reveals geology and mineral 'shoots'
Warrants tend to kill an sp Alot but they are an opportunity for someone who wants to buy a lot of shares at what may be a discounted price . Main rule on shares is people are frightened to buy when the price is low ... Colin isn't .
They mentioned antimony for a reason . Lithium doesn't seem realistic but antimony will do as a by product . Much like what Perpetua proposes for the Stibnite Mine in Idaho, antimony recovered from deposits in Alaska or the Yukon will likely be a byproduct of mining the gold these northern mining jurisdictions are best known for.
"Enhanced recovery of antimony from precious metal deposits may represent the most readily available source of antimony if demand were to increase rapidly," USGS penned in its 2018 critical minerals report.
If molten-salt batteries gain traction for utility-scale storage of renewable energy, more gold miners will likely investigate the potential of producing the critical antimony that often accompanies the precious metal.
Molten antimony battery
While lead-acid battery usage is expected to decline as electric motors take the place of ICE engines in the vehicles traveling global highways, antimony is finding its way into new applications in next-generation batteries that can efficiently store electricity at the grid scale.
Known as liquid-metal batteries, this relatively new form of energy storage was developed at the Massachusetts Institute of Technology (MIT) in Cambridge.
Ambri, a battery research and development company born from the liquid metal battery research carried out at MIT, is advancing these large grid-scale batteries to commercial use.