RE: Why on Earth5 Apr 2021 07:52
The mantra of 'if they had the (drill/scallywag) results, they have to release them or they would break the market rules' is just plain wrong.
There are no rules governing drill results specifically. NCM (different market, ASX) don't report every drill result on each of their prospect separately. They produce a regular exploration report covering all their prospects (including Hav). If they reported in the way some imply on here, investors would be swamped with detailed information that would be difficult to interpret/understand.
So, back to GGP - we are drilling SWAG. We are drilling several targets in the Jury JV. We have new licences to explore, gravity surveys, aero magnetics, soil samples etc. etc. etc.
At what level are we all expecting reports? Each and every time something comes back to the office? From SD 'once assayed results and interpretation has been completed' is key here.
If I was in SD's shoes, I'd move towards regular (quarterly?) reporting which would allow Callum to do his work and provide properly contextualised interpretation of all the data. It has been seen that good drill results (showing strong pathfinder elements), reported out of context can easily be misunderstood by the market. Just be patient, all will be reported in time. I think it will come in more comprehensive report, rather than dumping drill assays into an RNS for the day traders to distort to their own ends.
Calm down Dear........