Dmagnus – You made fair assumptions although thankfully they are...

Dmagnus – You made fair assumptions although thankfully they are incorrect.

Jamesduff – You are on the money

Chilean RC drilling rates are 70-100m/shift
Aussie drillers are doing 220-250m/shift.

RC drilling was developed in Australia and that is why we are the best at it. It’s a shame Aussie’s don’t swim as well as they drill.

A mate that was at Diggers said CE’s presentation was very well received and he was seen socialising with a couple of cashed up miners.

Checkout the drilling rates from this graph from the Diggers presentation.

Left hand side was 6/7 Chilean rigs, right hand side is 2/3 Aussie rigs.

MB isn’t stupid and whatever the drilling deal is it will no doubt be better than using the local drillers. He has a massive holding in HCH through Kalgoorlie Auto and pay day will come from SP appreciation.