AVB avanco resources limited
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infill drilling, page-7

  1. Owenb79
    3,232 Posts.
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    21/10/13
    10:47
    Post #: 12464398
    They budgeted $12mil to drill 50,000m.

    25,000m was to drill out Antas South so half of the budget $6mil was to measure ~ 85kT of copper.

    So based on the estimate its about $70 per a tonne. At 169kT its just over $11mil.
    AVB Price at posting: 7.8¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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