Ann: 42 EM Conductors Ready to Drill at Mt Alexander, page-43

Hi @kates9999

Had to do this for my own research, happy to share. Cheers


SGQ Drilling Programme July - Sept 2019

In a perfect world, here's the best case averages for a rough timeline.

F= D - 60 mpd & RC - 100 mpd & 6 hr CO.



R/C - 23 change overs for 2430m = 36days @ 12 hrs

D - 19 change overs for 2519m = 48 days @ 24 hrs


Total 42 holes for 4949m as per table.

Balance 1051m not yet disclosed of the 6000 metres


50% of the 1051 assigned to each rig = D - 11 days, RC - 7 days, inc change overs.


Total approx timeline all up - D = 59 days & RC 43 days


The programme should be finished by the 1st October, all going well, including the extra's.


Cheers
Tradealot



@Averagejoe2013, I'll be waiting a while longer for an entry. Still have lots of numbers to crunch etc. It's only because I take large parcels when I do buy and have to get it right. If it was only 2 or 3 hundred k, waiting wouldn't be an issue

The programme looks great and will benefit company and shareholders. Talk again soon.