there are other factors involved yes. this is the basic framework.
if there are 20 markets all wanting to announce at the same time - or they are ddosing each other, broken markets, no organic growth etc etc it can all cause delay.
hopefully with the new updates from /u/hugbunter we'll see some more transparency on these types of issues so the conspiracy theories can die down a little.
This and a few more important metrics which are measures over a certain period of time, usually 3 to 6 months (from any point in time) and possibly longer depending on the market.
then 6 months without major incident and they will generally be pending on the superlist... 6 months later and they are full superlist market.
they obviously still need to pay everyone across Dread and the DNM team their due bribes and then robert's ya mothers brother.
i think /u/wombat2combat still gets a cut from memory.
if there are 20 markets all wanting to announce at the same time - or they are ddosing each other, broken markets, no organic growth etc etc it can all cause delay.
hopefully with the new updates from /u/hugbunter we'll see some more transparency on these types of issues so the conspiracy theories can die down a little.