so results due within next two weeks (ESD001 & 2 only) - most likely next week. below from AGM preso dated 23/10/2020
we started drilling on 10/09/2020 and have only drilled 4 holes with ESDD005 in progress.
looks like ESD001 & 2 are about 200m in total and ESD003 & 4 are about 200m each.
We have drilled about 600m in 30-40 days or 15-20m/day - correct me if I'm wrong.
that is a slow drilling rate and probably only one shift per day.
the preso also states an unaudited cash balance of $2.6M at the end of September vs $3.7M at 30 June 2020.
$1.1M cash burn in 3 months for 600m drilling? Am I missing something? happy to be corrected...
Gobbling going on, page-88
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