RCR rincon resources limited
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3000m RC drilling cost was around $1m (from quarterly)so 2000m...

  1. Trade4Profit88
    10,525 Posts.
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    27/02/24
    15:20
    Post #: 72622596

    3000m RC drilling cost was around $1m (from quarterly)
    so 2000m RC should be around $0.66m
    RC is about 25-40% cheaper than DD drill
    then 2000m DD cost should be around $0.88m - $1.1m
    1000m DD will be $0.44m - $0.55m
    so both DD+RC drill cost is roughly ~$1m

    RCR Price at posting: 3.9¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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