fundamental analysis: 5 bagger, page-263

Crikey.
Millions? Who made it sound like millions?

At great cost.
Well if you add down time in a drill program.
The cost of having to now source a drill contractor on top of what would have to be a costly transport invoice that took over 6 months for an unusable rig.

Then "at great cost" would be how I would word it too.

Rig was sent in June 2011.

Feb 1 2012
As announced in the previous quarter the Company took the decision to relocate its drill rig from New Mexico to
Zambia. The drill rig arrived 3 months late at the beginning of December because of delays at the port of Durban and
in transporting the rig (1800km) from South Africa to Zambia. Upon arrival the rig was found not to be in the condition previously advised and as such was unfortunately not suitable to assist in the Company’s planned resource definition drilling across all the Zambia Manganese Projects.

Alternative drill rigs "have been sourced" that should allow the Company to adhere to its aggressive timetable.

I guess they were found to be "unsuitable" too.

July 31.

A$0.1m on refurbishment of the Company’s own RC drilling rig