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Diamond drilling, page-5

  1. michaelbellamy
    913 Posts.
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    17/07/15
    10:32
    Post #: 15649956
    I'll take a stab at the likely cash left.
    I would think the latest drilling costs may be $1.2M plus your Q estimate of $400K
    So that leaves $4M to do downhole geo surveys (likely 10 at least) and diamond drilling.
    Hopefully we will get at least eight 500+metre holes with that.
    What i would like to know what is the likely cost of diamond drilling geo surveys per hole.
    We can then do a CR on some magnificent results.
    THX Price at posting: 8.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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