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.
It equates to a very very low rate of financial return for Drill...
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Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $3.242M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $34.25K | 8.415M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 619050 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 2345385 | 5 |
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| Last trade - 14.14pm 26/07/2024 (20 minute delay) ? |
| ICG (ASX) Chart |