This same mob Equity Drilling Limited are also contracted to complete drilling with 4CE at their Lithium project in DRC and signed a contract on the 28/3/18 to commence drilling immediately and still no drill rigs on the ground there either. They are also drilling for AVZ on their high grade Lithium project next to 4CE, although seem to be doing an amazing job with the drilling for AVZ so far.
I suspect they are over stretched and having issues sourcing enough drill rigs and crews to under take all the drilling contracts they signed on for now the dry season has kicked in!
Rang management in Perth on Tuesday and spoke to the secretary and left a message for someone to call me back to get an update on the Company progress and but no reply as yet sadly. Pretty disappointed with their lack of communication to be honest!
Happy to hold until initial drill results in coming months....
This same mob Equity Drilling Limited are also contracted to...
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