I am interested in WTRDDD123 as well, but if you are drilling RC with diamond tails don't expect to hit narrow targets. A review of the Wagga Tank and Southern Nights geology reveals some greater widths to the lenses so if you can't hit a down dip target there how far have the holes deviated? I have seen similar from Peel over a few years now and with some frustrating lack of basic information with some of the drilling, I question the technical capabilities to manage drilling projects at the prospect. The whole point of RC pre collar is reducing costs but the industry now quotes cheap rates for diamond where RC pre collar was once used. Don't blame Rob for the stuff ups with PEX drilling alone, but a team that is in dire need of an overhaul. PEX needs to grow beyond the small boys-club FIFO junior with a shooting shack mentality. It's time to grow PEX to a miner, recruit hard hitting people that deliver mining projects and not another decade of drilling with no bloody cash flow.
PEX Price at posting:
44.0¢ Sentiment: Hold Disclosure: Held
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