"The Joint Venture Operating Committee has appointed Oroya as the operator of the project. A pre-drilling gravity survey is proposed prior to rig mobilisation in the first quarter of 2011. The total budget for this program including drilling is $450,000."
1) I think they have not completed the Pre-Drilling Gravity Analysis yet as they said themselves that in ASX announcement.
2) $450,000 Budget: Qtrly report does not confirm that.
So the question comes : Where are advance payment to drill rig operator. No Advance payment, hence no drilling?.
- Forums
- ASX - By Stock
- DMN
- mt barrett exploration update
mt barrett exploration update, page-25
Featured News
Add DMN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online