No dramas Lani.
Yea I’m not sure why they aren’t drilling deeper?
diamond drilling would be a hell of a lot cheaper than $250k/metre but maybe the costs per metre become a lot more once you go over 200m?
which would make sense to me as it becomes a lot of work and is time consuming for the drillers and off Siders the deeper they drill, having to feed 3m rods at a time just to get to the depth to drill then pull 3m length rods back out to retrieve the core sample, which off memory is in 3 metre lengths which one will usually be used on hard ground. (Hope that made sense? Lol)
so basically it could be a cost saving and time saving initiative?
management could also use the DHEM survey to get a better picture on wether it’s viable to proceed, rather than doubling (or tripling?) the cost of drilling to find only 1 or 2 holes required deeper drilling maybe?
Also I’m not sure if 20A went to 400m as it sounded like a Phil’s Hill anomalies generalisation to me on the Bulls n bears interview…
I also can’t recall reading the depths of the anomalies on any announcements (only starting depths from surface)
maybe I missed that part somewhere?
- Forums
- ASX - By Stock
- PUR
- Ann: Phils Hill Drilling Commenced
Ann: Phils Hill Drilling Commenced, page-330
-
- There are more pages in this discussion • 310 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PUR (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.90M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $992 | 330.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
67 | 57664965 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 21053875 | 30 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
67 | 57664965 | 0.002 |
23 | 50299950 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 21053875 | 30 |
0.004 | 24769864 | 25 |
0.005 | 14201688 | 14 |
0.006 | 14742850 | 6 |
0.007 | 4294472 | 8 |
Last trade - 10.16am 09/09/2024 (20 minute delay) ? |
Featured News
PUR (ASX) Chart |