The contractors took partial script last time - but that was when the share price was much higher.
The OZ yellow will probably need to transact, in order to make the programme more extensive.
Failing that Cerium have a 1.5 cent ex option, exp May.
Check out this Conico quarterly, they funded a diamond drilling programme for about $1.5M AUD, over multiple project locations; but has ended needing to take the contractor arbitration as they didn't execute the full programme.
https://www.aspecthuntley.com.au/asxdata/20230131/pdf/02626410.pdf
Bung a 200m hole at where the MRE is located and you'll be laughing; billion in ground resource value.
Bung 20x 200m holes around Gronnedal and we are in the trillion's of in ground resource value imo.
(this is about $1M AUD).
Bung 20x 400m holes around Gronnedal and we'll be getting weeks worth of ASX trading halts.
(Australian pricing is about $200 per metre for 2250m)
Conico seems to gotten a good deal, but unfortunately the contract was not completed.
The contractors took partial script last time - but that was...
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