CHR charger metals nl
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@MillgatesLast time, they drilled 41 RC holes, for 7,199 metres....

  1. onlystock
    731 Posts.
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    13/07/23
    22:05
    Post #: 68778903
    @Millgates
    Last time, they drilled 41 RC holes, for 7,199 metres. not sure the cost is 1.4m or 2.4m. But Lake Johnson is far from major cities, the cost migth be higher.

    The first round at Bynoe was using a shallow rig, might be cheaper. The second round is 1,663m, the third round is 1500m diamand drilling plus 5000m RC.
    I guess the total cost might be around 3.5m. With 5.2m cash left from last Q, definitely they need find something with this 1500m diamond and 5000m RC.
    Last edited by onlystock: 13/07/23
    CHR Price at posting: 32.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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