AHR 0.00% 1.3¢ anchor resources limited

oze_wolverine,I mentioned yesterday my estimate of $800K for...

  1. 1,385 Posts.
    oze_wolverine,

    I mentioned yesterday my estimate of $800K for drilling to produce a 60% or $112Million resource upgrade.

    To clarify where my $800K estimate came from below is the Exploration & Evaluation cost per the Quarterly Appendix 5B Cashflow.

    Considering some drilling overlap I have estimated $800K.


    Sept Qtr $146K
    June Qtr $601K
    March Qtr $268K
    Total $1.015K.
    12Mths to June $1.568K

    Sorry I should have clarified how I got the estimate.
 
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