ADT 2.16% $4.08 adriatic metals plc

In Australia we work on 1 rig a day cost $10000. In Bosnia I...

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  1. 146 Posts.
    lightbulb Created with Sketch. 4
    In Australia we work on 1 rig a day cost $10000. In Bosnia I would say worst case $7000 a day so let's do the maths
    4 rigs times $7k = $28 grand
    $28k x 5 days $140 grand a week
    A years worth of drilling will cost around $7 million. And this is worst case.

    Disclosure I work for a drilling company.
 
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$4.08
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$4.10 140 1
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