Hmmmmm,
Perhaps one of these are reasons.
1) They have given up all hope on Paris/Nank surroundings;
2) They have the surveys but believe the deposits are two deep for them to do any further work and so are hoping to attract a JV before any further work is done (i.e. drilling ect) and an announcement made.
3) They are still positive on Paris/Nank surroundings however they are far more positive on Maslins, Cartapo and so all resources have gone into advancing these other projects. Once the work is completed on these tenements they will return to Paris/Nank and assess the IP Surveys
Hoping for point 3 but not sure with this company.
I note the March Quarterly said.
IP Targeting for Satellite Silver Deposits Thirteen scout IP lines were completed over prospective structural trends around Paris in February as scheduled (Figure 6). However, owing to the priority of the geotechnical drilling, interpretation and target definition have been deferred pending the availability of a preferred geophysical consultant.
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