DEG 4.10% $1.40 de grey mining limited

in years gone by you would normally expect drilling assays back...

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    in years gone by you would normally expect drilling assays back from the lab after 6 weeks, 8 max from when the drill bit started.
    quite often traders would exit after 6 weeks fearing poor results that could be released later in the quarterly, only to miss out when results would come back positive after 7-8 weeks.
    we started drilling last march from memory and never got results back until late may, which is 10 weeks and that number has blown out massively since then, and we were informed via the quarterly that there is a ridiculous number of drilled targets still at the lab, the king col lithium results took approx. 5 months to process.
    the labs are inundated with samples from gold and lithium companies and the majors that are drilling 1km deep holes for copper, and I'm not expecting that situation to change much anytime soon, so whether we like it or not we're stuck in a traffic jam akin to Sydney peak hour.

    regards timmo drilling started ann..JPG
 
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