CWX 0.00% 11.0¢ carawine resources limited

Oh ho ho, but next Tuesday was over a week ago. -Two rigs for...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 971 Posts.
    lightbulb Created with Sketch. 30
    Oh ho ho, but next Tuesday was over a week ago.

    -Two rigs for 3000m is 1500m/rig.
    - They should be drilling at least 5m an hour which is around 30 hours to a 150m hole (they said they're using a small diameter drill - presumably AQ - so should be closer to 10 but we'll give them as much slack as possible)
    - We'll say the drill crew are absolute slackers and only do 10 hour days and take a day to move the rig 40m to the next spot... that gives us 4 days per hole.
    - 20 days to do 5 holes puts us at halfway as of Monday which puts us at where I said they should be putting out an announcement.


    Also means no significant visible mineralisation yet which is disappointing.

    Oh well, still 10 holes to go.
 
watchlist Created with Sketch. Add CWX (ASX) to my watchlist
(20min delay)
Last
11.0¢
Change
0.000(0.00%)
Mkt cap ! $21.72M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 100000 9.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 130422 2
View Market Depth
Last trade - 16.12pm 29/11/2024 (20 minute delay) ?
CWX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.