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.
Hi @kates9999 Had to do this for my own research, happy to...
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SGQ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.3¢ |
Change
0.001(3.13%) |
Mkt cap ! $35.92M | |||
| Open | High | Low | Value | Volume |
| 3.2¢ | 3.4¢ | 3.2¢ | $81.29K | 2.464M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 2160923 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 130000 | 2 |
View Market Depth
| Last trade - 13.54pm 30/08/2024 (20 minute delay) ? |
| SGQ (ASX) Chart |