TD = 2900m
Time= 30 days
MND paying = $7.3 Million
Drill Speed per day = 96.7mpd
From last report MD was 1288m in 11 days of drilling (26th Sep to 7th Oct)
Current drill speed of 117mpd therefore if this speed is constant it will take around 25 days to drill.
At this stage its on target financially if not slightly under by say 10% to 15%.
ADX.F closed the week at 14 cents AUD.
Monday or Tuesday next week we hit the first Target Oligocene sands, also Anshof 2a workover rig should make its way down to Welchau 1 site some 60kms away.
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TD = 2900mTime= 30 daysMND paying = $7.3 MillionDrill Speed per...
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