An important question:
The first trading halt for discovery of significant nickel sulphide mineralisation at Nova came on 23.7.12 with the announcement on the 26.7.12 stating the mineral intersect was 4 metres @ 3.8% nickel and 1.42% copper.
In order to provide the nickel and copper concentrates wouldn't this have had have been analysed by the lab?
If so, isn't it unlikely we would have a trading halt this week as details wouldn't be known and we would be seen as jumping the gun? Or do we not need to wait for lab assays to know if we have hit pay dirt?
Would value some input from those who know the finer points of how this could work.... so we know what to expect in the coming weeks, and can be prepared?
Cheers
http://www.asx.com.au/asxpdf/20120726/pdf/427lsq2pl4flsb.pdf
http://www.asx.com.au/asx/statistic...=issuerId&issuerId=6960&timeframe=Y&year=2012
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