You defiantly can't fault the Management's use of cash, very well done. We know Auger hand drilling is cheap as chips and they are now selective only targeting the very high grade using the Aircore drill.
I think Poiombo Auger Assays (visual estimation - 13/2/20) and the first lot of Nhactuse Auger Assays (visual estimation (11/3/20) are due any day one would hope.
It is approximately a 6-8 week turnaround from visuals onsite to announcements from the Perth labs.
I assume there was no freight out of Mozambique or they waited to get to collect a number of samples from each target/s to save on freight.
Poiombo Aircore Assay should be a couple of weeks away going on the Co's timeline.
Ann: MRG March 2020 Quarterly Activities & Cashflow Report, page-4
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MRQ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.575M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3289998 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 2289999 | 6 |
View Market Depth
| Last trade - 09.49am 24/06/2024 (20 minute delay) ? |
| MRQ (ASX) Chart |
Day chart unavailable