Just wondering though, how that makes any sense. Announcement says 50 - 60 days to reach the depth of 3500m 3500 / 50 = 70m / day (at 50 days) 3500 / 60 = 58.3m / day (at 60 days)
The average gets u to 64.15m / day
200 horizon = 850m depth so our ETA at 64.15m / day = 850 - 67 (as we started at 67m) / 64.15 = 12.2 days ETA to drill a depth of 850m (-67) So realistically next Tuesday would be the earliest we would reach the 200 horizon. I would say delays are PROBABLY going to be encountered if the 200 horizon is expected to be such a great target.
Cause like someone said below using your stands estimate we probably are already at a depth of 3500m ?
IVZ Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
