MDX 7.14% 4.5¢ mindax limited

I posted this on another forum on March 10th.""I see it this...

  1. 12,414 Posts.
    I posted this on another forum on March 10th.

    ""
    I see it this way.. They will announce that they have secured a drill rig in the next week or two. This should give us an indication of when the program commences... lets hope its at the end of March, and at the latest mid April.

    The program will take approx 4-5 weeks according the the director, and this will bring us at worst till mid May.

    I would expect the labs to take 4 weeks at most to get the results back, and this will bring us up to mid June.

    This is 2 weeks before the options are due to expire. ""

    Now that the drilling has been delayed till AT EARLIEST mid May, then this pushes the "2 weeks before expiry" back to 1 week after expiry.. They need those results to come out before the options expiry otherwise they might be push down..
 
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