OAU 0.00% 0.6¢ ora gold limited

Hi MB, Looking at the Dec2014 qtrly they drilled 33 RC holes...

  1. 625 Posts.
    Hi MB,

    Looking at the Dec2014 qtrly they drilled 33 RC holes (just under 5,000m) for $860k - so lets say $200/m.
    Qtrly admin etc. costs seem to be running at $400k.
    They had $6m - less (say) $600k for drilling & (say) $600k (1.5 qtrs.) for admin = $4.8m left so you're pretty close with $5m.
    I'd be interested to hear from someone more knowledgeable than me what surveying & 500m deep diamond drilling cost.
 
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