re: Ann: Mutiny to raise $4.15M to drill gold... Nice one MYG
Good to see a bit of detail in the use of funds as well
If you take out the last three items it looks like the drill program is costing $380 per meter including resource modelling, sounds reasonable considering Ausdrill are putting money into the project.
Ausdrill are the largest drilling contractor in Australia and are very experienced in exploration all over WA. They are a very shrewd contractor. From some clients perspective they are a bit to shrewd. They obviously see value in the drilling that's been done before.
Hopefully MYG get some decent results to help us shareholders out, good luck fellow holders.
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