Its only 2051 metres of drilling.
Stage 1 being 1020m to lift JORC from inferred to indictated.
Stage 2 being 1031m for Open adn Central exploration...seeking MORE shallow gold.
Aim is to provide early cashflow....moving to production soon.
Hardly an expensive drilling campaign.
Drilling Link Ann (dated 03 October)
So funds we have should be ample for that...stage 1 + 2.
But I take your point Makattack it will all depend on how much money they raise.
1 or 2 of million should do it for a nice purchase, and some work in that purchase...with rights to continue if results good....just as these other runners have done.
Ann: Trading Halt, page-10
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TMX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.298M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 11497143 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 16696922 | 8 |
View Market Depth
| Last trade - 16.12pm 22/11/2024 (20 minute delay) ? |
| TMX (ASX) Chart |
Day chart unavailable
