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0.00% 0.1¢ red mountain mining limited

Lead time for drilling permits BLM

  1. timmi
    2,701 Posts.
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    07/03/17
    22:59
    Post #: 23170559
    Well decided to google lead time for drilling permits. Bureau of Land Management says this has gone up from 80 days to 133.

    Calling it out we're looking at mid April latest.

    Lead time for drilling permits

    So yes, very optimistic forecast by management to think it would be before 80days and so where they got 6 weeks from well !!

    Doesn't change my position will hold and as per earlier post buy more whilst the share price is low. Expecting an announcement anytime soon isn't going to happen.
    RMX Price at posting: 3.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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