It all depends on the size of the "batch" they sent to the lab and there may be a strategy here to get any really good results back all at once - they would have a pretty good idea of what they had when they sent them off from the core logging.
If they had rxd the results back and they were poor there are logistical internal things (reviews/approvals etc) MOD could do to delay release, but only for so long and why would they, they are what they are.
So I would think the better chances are the delay indicates potential upside far more than downside. We might get a big batch of news in one go that effectively adds 50 or 100% to the T3 resource.
However, I have more or less given up taking too much away from MOD's management of newsflow (and occasional inaccuracies) as it used to distress me but now I just rely on the results to talk for themselves.
All my conjectures are entirely hypothetical, but plausible, all we can do is wait.
MOD Price at posting:
7.1¢ Sentiment: Hold Disclosure: Held
