DELAY is good!9 Sep 2019 13:30
So whilst we all wait for results, anyone else get the feeling the longer we wait, the better things may be? Here is my reasoning:
FT – Results should be due, reason for delay, new holes as mentioned, or possibly already in discussions to sale or JV if results good
BH – results due, delay in labs perhaps? Or possible NC discussing second JV with GH given their right of first refusal, just think , location to telfer, open pit, possible source of Hav mineralisation, it could dwarf Have if good grades over that strike and close to the surface, remember the nuggets!
HAVERION – the beast, I think we have all resigned ourselves to the fact this will be reported by NC at the next quarterly, if so, just think of the amount of meters of drilling they will have to update us, this is great as if there are dud holes as planned, they will have surely got through had 11 extension and various others, maybe even another bonanza for all we know, but what we do know, is that they have a min of 4 rigs going 24/7, maybe more! This is likely to be a huge update and maybe even the one we have been hoping for with a better idea of scale and commerciality, maybe even announcement to stage two, more rigs etc, or even if no news on BH by then, a bumper drill and new JV including BH.
Then there is the small matter of scallywag, Panorama and the various other surveys on the go!! Stay patient folks, I also expected news by now, but for once I am thinking the longer the delay, the better it is for us!
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