$5 million for 2,200m of drilling !. Even BHP or RIO would struggle to spend that amount of money per metre !
Prospective area but results thus far show only smoke & no fire.
It appears the drilling programme to date has been poorly managed, so I can understand why ARE feel aggrieved, however you clearly need very deep pockets to do exploration justice to this project, which AIS don't have.
This is "big" company exploration territory.
Ann: TORRENS EXPLORATION PROJECT - DRILLING UPDATE, page-28
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