The wording would seem to indicate that...
Now I am curious...
Good pick up @Elitepdr
So based on that wording, it would seem that they are expecting results from current aircore drilling program to be received before they start RC drilling around middle of November, which really only gives them 4 weeks... Hmm, is 4 weeks even possible?
But it could also mean, if interpreted another way: " Results from the commenced aircore drilling program will be prioritized, "and the same time", the commencement of this aircore drilling program will be immediately followed up by a second drill rig ......." Which could mean concurrent drilling...
10 years an English teacher, and this one has me baffled hehehe...
But I will say, even in this same Ann, the wording had me spend an hour trying to decipher its meaning...
1,500,000
CASH: As of June30, 2020 (Reference: Ann 12 October, 2020) – Including restricted cash of 400 k
1 1,250,000
First Cash Instalment Tick Hill Tailings Stockpile
2 1,500,000
Cash receivable as a result of Tick Hill permit approval (already approved)
3 2,650,000
Tranche 1 Placement proceeds of $2.65M
4 2,000,000
$2M SPP proceeds
5 8,900,000
TOTAL
I think you will be able to see without me explaining it, the 3 different ways it could have been interpreted...
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- Ann: Carnaby Commences Drilling in the Mallina Basin
Ann: Carnaby Commences Drilling in the Mallina Basin, page-74
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