Mr Paul Jury & management
Just a few more questions that I would like answered if possible as watching the share price slowly go down after reading your reply from this morning.
Q: You have already announced that Comdek have an estimate of 738.8 million tonnes, and as you are more knowledgeable in this field than I, what would that be determined as a bankable reserve?
A:A reserve is an amount supported by a detailed mine plan that is economically extractable.
Q: How long will the major drilling program undertake the other 98 holes and does Comdek have the drill rigs on hand to do such an undertaking
A:The plan is for it to take 9 months & yes the rigs are booked.
Q: Who is doing the drilling and testing for results? Are they a local South African company or from somewhere else, where the samples have to be sent off to be analysed ? South African companies who are competent at this work.
Q: How difficult do you think it will be to obtain approvals in South Africa to be able to commence mining?
A:Not too sure but the process is similar to that in Australia.
Q: When you say “ We hope in the short term.” Would that be a few Months or a few years?
A:This is up to the ASX
- Forums
- ASX - By Stock
- CDS
- from paul jury
CDS
comdek limited.
from paul jury
-
-
- There are more pages in this discussion • 30 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 CDS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online