SL1 0.00% 0.0¢ symbol mining limited

how much does a well really cost?, page-2

  1. 896 Posts.
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    On shore drill my best guess at a TD of approx 3000m would be in the vicinity of 50m, maybe up to 70m. Could be slightly under 50m also. An off-shore equivalent would be in the vicinity of 100-120m with the above caveats applicable.

    Bought in about 4-6 weeks ago at 25c sold at 29.5. Missed the big run to 40c but nearly back to where i sold out. Waiting for a few pips lower to enter. Nice "little" company with great strategy, promising tenements, management with some skin in the game and strong JV partners going forward.

    GLTAH
 
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Currently unlisted public company.

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