WC8 3.17% 32.5¢ wildcat resources limited

fraser range metals group new player near sir, page-10

  1. 2,143 Posts.
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    Great timing for a new company launch, should fly out of the blocks.

    Matsa, Bux, Sri, Ent have all gained from Sir nearology.

    They should have no problem finding funding for exploration.
    Some info on FRN:

    14,487,142 shares on issue.
    19.8c share (consolidation)
    Vtem done & clearances already approved

    2.8mil mc

    Est Exploration costs from AAQ annual report :

    Geophysical targeting studies
    $30,000
    Track and drill site preparation
    $40,000
    Aircore drilling, supervision and assays
    $200,000
    RC Percussion Drilling, supervision and assays
    $300,000
    Diamond Core Drilling, supervision and assays
    $400,000
    Management & Logistical support; reporting, etc
    $85,000
    Total
    $1,055,000
 
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