Does anyone know how much a drill rig would be to buy? $22.5 mill?
There was talk of back to back drilling of the coal once there was more drilling done to prove it up.
A new discovery notice HAS been issued.300% more coal at the last hole.
Maybe initial observation of gas content is encouraging enough to do so?
If this were the case it would save a hell of a lot of money in the long run and COULD see quicker monetisation.
Just a theory...
Ann: Trading Halt , page-146
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