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Ann: Exploration Strategy Overview - Olympic Domain Tenements, page-20

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phillop

560 Posts.

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21/04/21

11:29

Post #: 52616618
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Originally posted by Marto92: ↑

can't believe some of the nonsense comments on here.

Cohiba haven't been sitting on their hands since the drill results were released. People must have forgot they have only recently finalised a long legal dispute with OD in the supreme court which put the brakes operations. although, as they said in the announcement, they have been conducting re-logging of old drills, petrographic analysis and planning the next phase of drilling. (19,000m of drilling takes a lot of planning).

They can't put a timeline on exploration because they are waiting on approval from the Kokatha Aboriginal Corporation. they can't do anything without their approval and there is no timeline for their approval. it's not wise to give a timeline for exploration when you don't know when your approvals will be finalised.

This is an excellent announcement displaying extensive and detailed plans for aggressive exploration and i can't wait for the 12,000m drilling in horsewell

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What have they done for the last 4 months? Why do they need to re-log the core they logged 5/6 months ago, did they not have the expertise or knowledge to do this correctly the first time.

CHK Price at posting: 1.8¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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