CNB 4.11% 38.0¢ carnaby resources limited

Ann: Greater Duchess Update - 75m Copper Sulphide Vein at Mt Hope, page-130

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  1. 3,967 Posts.
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    Yeah, they're still poking around atm. They obviously think it's too early to be talking more rigs, although that could change depending on the game plan and what they find, although any additional rigs would increase cash burn. They 'd've weighed up the pros and cons I reckon.
    I'm sure theyd be wanting to drill as many holes as they could, as quick as they could, but this is a business which needs to managed as such, so steady as she goes
 
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