Post by
Goodtoreadthis1 on Sep 21, 2021 3:54am
Delay on resource estimate ?
It would have helped all investors better understand WM if WM had given a reason for the one month delay in publishing the maiden resource estimate for Fenelon. Too much data ?, covid infections for analysts?, wrapping the recent drill results in RE etc.
Fenelon is a big complex find; but delay runs counter to WM's mantra - we check all the boxes. Martinere -if ready- should have been released on time. Balmoral really had probles with artinere so if WM were to simplify and enlarge Martinere us Balmoral holders would have appreciated it.
Comment by
Flopticalcube on Sep 21, 2021 10:52am
Reason is in the press release: The prolonged assay turn-around times due to high volumes experienced industry-wide has delayed the receipt of critical assay results in support of the MMRE. The Company now expects to announce the mineral resource statements by the end of October.