Why wait for the results before initiating drilling at the next site?
Even if we're not pursuing concurrent drilling, we can still line up sites with shorter intervals between them.
If they drill one site this month, shouldn't they begin drilling at the next site the following month? Waiting for results seems unnecessary.
Considering that the bulk of target definition work was completed last year, the geologists should now have the capacity to supervise drilling for at least a week to 10 days each month.
If not, aren't we underutilizing their expertise? As I mentioned, the cost of geologists per activity is approximately $125K.
Operating at this slow pace significantly inflates the cost per activity, and I hope management recognizes this and establishes a schedule or timeline for this year.
Why wait for the results before initiating drilling at the next...
Add KRR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.39M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.4¢ | $2.386K | 170.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1037920 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 955707 | 6 |
View Market Depth
| Last trade - 11.54am 09/07/2024 (20 minute delay) ? |
| KRR (ASX) Chart |