It equates to a very very low rate of financial return for Drill contractors per meter @ 6 Drill rigs turning Pipe.
The mobilisation and demobe cost also has to be factored in.
2.2 million for 3 months drilling with 6 rigs seems more viable . BUT i havent any info on the drill programe so its all speculation
like this stock.
Ann: Intermediate Sulphidation System Identified at Riqueza, page-110
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Last
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $5.633M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $3.581K | 511.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 905861 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 1503941 | 4 |
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| Last trade - 15.33pm 27/06/2024 (20 minute delay) ? |
| ICG (ASX) Chart |