Matty, it is my understanding that they had several different crews contracted to drill and the one doing JB at the time wasn’t quite up to the task. They had some issues drilling and getting to the zone being targeted so it was abandoned until a better crew could adequately drill JB.
It isn’t a case of not finding the good stuff, from what they have seen at surface and previous workings it is more than likely there is a mineralised zone but the questions is to what extent and grades etc.
I agree with Snorth though, it is worthwhile getting in contact with management to confirm.
Cheers
Broker report for ADT, page-152
-
- There are more pages in this discussion • 76 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ADT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.23 |
Change
-0.060(1.40%) |
Mkt cap ! $1.182B | |||
| Open | High | Low | Value | Volume |
| $4.14 | $4.32 | $4.11 | $3.390M | 798.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8300 | $4.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.25 | 7389 | 1 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| ADT (ASX) Chart |