MLS 7.69% 2.8¢ metals australia ltd

Ann: Quarterly Cashflow Report, page-29

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  1. 3,926 Posts.
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    Hi Mb73,

    There isn't delay on drilling .
    Just take time for processing.

    -Magnor Co. working on drilling holes locations since they have had test results of Phase 1. Happy to take time for this to make sure top spots bring up top %Cg.

    -Drilling rig might get ready, this is no problems here.

    -All permits in hand.

    -Fund in full cover.

    I reckon drilling will commence in late February or early of March.

    With 1500m drilling, Let's say 15 holes , might take 4 weeks. Drilling should be done by early / mid April.
    Results from the LAB: latest is in June.

    Hopefully we should hear some unexpected good news during drilling time ex. : Visible High Grade Graphite can see on drilling cords...etc.

    Fingers crossed.
    Imo+dyor.

    Cheers.
    Last edited by Petertkd: 31/01/19
 
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