Ahhh Deltra, ever the pessimist...
Nothing will be announced until they hit target - This wont be reached until Monday evening / Tuesday evening (as they are in the US) - so we wont get anything until Tuesday morning / Wednesday morning.
They announced on Tuesday morning they were at 10019 ft. I've calculated their drilling to be between 850 - 950 ft per day and they have to reach 13250 ft.
Let's calculate:
Assuming 900 ft per day (give or take)
10919 - Wednesday morning
11819 - Thursday morning
12719 - Friday morning
13619 - Saturday morning (US one day behind) i.e. target depth
Sidetracking also needs to be done 600 - 800 ft, assuming no drilling is done on the weekend they will recommence on Monday evening which means we should get an announcement by Tuesday morning / Wednesday morning dependant on how long it takes to sidetrack and assuming there has been nothing slowing the drill down on the day-to-day calculation of 900ft per day.
- Forums
- ASX - By Stock
- AKK
- by my calculations
by my calculations, page-28
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AKK (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online