There is absolutely no need to go out and spend 6 to 9 mnths doing resource definition drilling..
Instead they can concentrate on more closer spaced reserve like drilling over much smaller areas they already think should be mined first..
Then immediately get the production going.. as that happens.. slowly but surely prove up the rest of the acreage...
They have 2 fabulous shallow mining starting points at both kamilombe and mwilu..
Just shallow drill along strike for a few hundred metres to prove that up then get mining )
It wont take too much cash and it wont take too much time... ))
Cobalt price still very very good.. considering as it drifted down, so to did the fx audusd rate..
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- Ann: Remaining results for Due Diligence Drilling at DRC Projects
Ann: Remaining results for Due Diligence Drilling at DRC Projects, page-18
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