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47.5¢ breaker resources nl

Ann: Quarterly Cashflow Report, page-6

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ANTON707

2,816 Posts.

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30/01/22

00:14

Post #: 59217549
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Originally posted by Just4kicks: ↑

Our cash/investment position is excellent (never been better).
Progress to mining talk happening and needed imo or where just buring cash without income.
Disappointing drill results slipped into quarterly but hopefully decent targets located? again if where going to hit blanks we need to start mining to pay for exploration as Diamond drilling isn't cheap and RC hasn't been hitting recently.
Plans to turn up the drilling infill and exploration- preparation to seriously progress mining? At least that's my interpretation of the wording.
Plenty of external noise in the markets-big drop in US Gold price tonight on Fed talk and new way of calculating inflation to be introduced- if you don't like the measurement change the ruler job.
WA borders not opening on Feb 5th and closed indefinitely will mean skills shortage will continue, hard to find Rigs and drillers, slow Labs (as Trademon pointed to).

Hot and cold report- as I see it but will re read over the next week as was rushing so may have missed something.

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87% of drilling was focused on the UG resource and 100% of it contributed to the new MRE. Mineralisations remains open. I guess the 2 DD rigs are insisting on that front, hopefully we can see some nice visuals soon.

BRB Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
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