4CE 6.25% 1.5¢ force commodities limited

States ‘Lepidolite’....unfortunately not good .... not the...

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  1. 3,504 Posts.
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    States ‘Lepidolite’....unfortunately not good .... not the ‘lithium’ you want. Seen this a number of times on the initial lithium run; explorers drilling...hitting ‘lithium’...but no mention of spod.

    RCs can only go to 60m ; no this is not correct ; they’ll go down 500m+ if you have the right rig on it.

    RC is cheaper than DD, so maybe they are punched these 60m holes first to see what was down there....you can switch some rigs from RC to DD; probably the reason why there’s a DD rig on site ,AVZ have such as rig on site

    Also a comment I read -

    ‘Only reason TTX was able to release the 99.5M headline, was because they used a DD rig’

    No, I don’t think this is correct either ... they could gave released the 99.5m headline as the RC would get down that far; as for TTX using DD straight up...probably were just more confident in striking something straight up.

    The data shows Lepidolite and the percentages are high...personally I’d be moving on


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    Last edited by Obe wan: 21/08/18
 
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