Your not wrong.
It’s one thing to miss a deadline months after you announce it but it would be absolutely absurd to not start drilling this week after it was announce only two weeks ago that it would in fact start this week!
Not to mention that as it stands lrs will have 400K left after this quarter and you could assume they will probably spend around 200k extra on drilling as lrs usually spends more than planned.
So this leaves approx 200k (if drilling starts this week)
If not then one would have to assume that a cr would be on the cards to start/complete drilling, let alone assays.
A sell off will come if drilling doesn’t start this week imo.
And any potential jv partner watching this scenario unfold (again) would not be impressed.
Horrible.
Your not wrong. It’s one thing to miss a deadline months after...
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Mkt cap ! $560.2M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
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| Price($) | Vol. | No. |
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