CMY 0.00% 0.5¢ capital mining limited

Drill owner/operator is a great business to own! Costs are as...

  1. 48 Posts.
    Drill owner/operator is a great business to own!

    Costs are as follows:
    Drill $250,000
    Truck $100,000
    Diesel $30 per hour
    Labourer $35 per hour

    Charge per hour:$5,000-$10,000 or $50,000 to $120,000 per day!

    And yes it takes 10-12 hours to drill a single core sample sometimes more depending on depth ect

    Nothing stopping CMY purchasing a drill and truck and doing the drill samples ourselves to save cash, after all we’re a penny stock that desperately needs to save its penny’s from now on to stay afloat, although I suggest the directors will see this as work so am not going to suggest this to Elizabeth or her superiors any time soon!
 
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Currently unlisted public company.

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