RE:Kingfisher announcement todayMSALAB's posted ~1 month ago that their Chrysos machine was "up and running" and they were processing assays (check their twitter posts).
So NFG should be close to front of the line for first assays but then they need to get the assays verified via the normal assay process to prove the Chrysos system works OK -- and only then begin to release the 50K meters or so of backlogged drill cores.
I suspect the above has all been accomplished and this delay is strategic to support whatever it is that they are doing in the background re: the $300M raise. While the enitre assay backlog may not yet be resolved it seems likely the results that are ready are now being purposefully delayed. Mgmt has the authority to do this as long as no insider acts on the information --- has everyone noticed that there is zero/none/nada insider activity occurring via SEDI. This team has to be locked down tighter than a drum with the depth of sale prices underway (at extremely low volumes I would add).
So we have watched this mgmt team in action for long enough to know that they are not amateurs!
They have a deep wealth of skills & experience & talent to call upon so we either believe that they focused upon a plan (that we have not yet been told about) or we ditch our shares on the assumption that nothing good is going to come of this silence.
The junior mining industry is a beetch and It IS hard to just sit & watch as portfolios declined by +50% while it seems like we are in a period of "radio silence".