BOA 0.00% 2.2¢ boadicea resources limited

Ann: Downhole EM results at Red Cap, page-6

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  1. 6,376 Posts.
    lightbulb Created with Sketch. 2614
    Just about to put in a long post justifying this that and something else, but decided to ring Mr Dudley instead to get clarification.

    Basically we missed the conductor.

    The price to put in a daughter hole or drill a new one is nearly the same, so they will get the geologists and geophysicists together and have a chat about what is best to do.

    Still sent a few samples off to the lab from the first hole without expecting anything exciting but may help in decision making.
    And why those words are in bold and nothing else is I have no idea.

    So we are exactly where we were before we drilled the first hole, but half the price.
    Last edited by ozblue: 09/06/15
 
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