RE:RE:Freeport Has 9 Drill Rigs On-Site WorkingI also agree the more drill rigs going the better for RMC eventually but do not agree on the requirements of Freeport, please correct me if your undertanding is different than the following.
My understanding of the flow of assay results is that RMC releases assay results as soon as they receive them from Freeport and Freeport is required to provide the assay results to RMC as soon as they are completed. I do not think this means that Freeport is required to submit a drill core for assay immediately after comletion.
Freeport can likely get a pretty good idea of a drill core from being onsite and looking at it and then can collect a number of cores before submitting for assay. Especially true when they are pulling up 10-15% copper. Sending a number of cores at once likely provides cost savings to Freeport as well as the ability to have some control over when results get released.
If one believes that Freeport was trying to slow down the release of results with the plan of purchasing RMC's share of the project as cost effectively as possible then this may be how they have been trying to do so.
If one believes that now Freeport may want to sell their share rather than buy that would give them incentive to speed things up and maybe they will want to send cores for assay more quickly to increase the project value.
I personally like the idea of Freeport trying to increase the value for a potential sale but don't think this is a great option for Freeport. I fail to understand why a struggling copper company would sell off project many describe as the best copper find in many years that they own a big chunk of for very minimal cost outlay. Why not trim spending in other areas and focus on the business that they know - copper.