RE:Big Red Ridge drill results delayed again?1) "We are expecting the assays back from the Ridge drilling in November and the Terry drilling in December. In the summer we were getting results in 4 weeks, but the lab says 10 weeks now".
2) Copper Assets Spin-Off in this last quarter and formation of new company to hold them, with LBC shareholders receiving one share in the new company for each share currently held in LBC
( this was included in the September corporate presentation but excluded from the October corporate presentation) . “That is still very much an option. We just need to see the drill results from Big Red before making a decision on this spin off now in Quarter 1 in 2021".
These are questions to my answers given by Libero IR. I see what you mean Qwerty as I was thinking of loading up more shares in the supposed certainty that the spin-off was happening this quarter, and getting another free 75,000 shares in the new company, but now this is postponed to Quarter 1 and possibly not happening at all. I know that unexpectedly delayed drill results have jammed things up and these results when received will determine LBC's future plans, but it don't seem right that they said it was going to happen in this quarter.