I am a geologist with many years field experience (am actually heading out to log a few holes on Monday). Diamond drilling depends greatly on ground conditions. Some days I would get as little as 5m in a 12 hours shift. It all depends how fractured and variable the rock mass - if it's highly fractured or a lot of soft/hard/soft/hard zones then they have to drill short runs which slows you down significantly.
This shouldn't be a problem here though therefore i'd say we can expect between 20m to 40m/day with the odd 50m/day.
Definitely wont be seeing 200m a day though as some have said - that would be more like an RC drilling rate.
- Forums
- ASX - By Stock
- MAT
- Looks ready to lift off
Looks ready to lift off, page-22
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAT (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.31M |
Open | High | Low | Value | Volume |
2.6¢ | 2.6¢ | 2.6¢ | $1.1K | 42.30K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 168500 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 350000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 168500 | 0.025 |
2 | 49000 | 0.024 |
1 | 40000 | 0.023 |
2 | 430000 | 0.022 |
1 | 1000000 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 350000 | 1 |
0.029 | 179100 | 1 |
0.030 | 227699 | 4 |
0.031 | 9874 | 1 |
0.032 | 95000 | 1 |
Last trade - 15.50pm 15/07/2024 (20 minute delay) ? |
Featured News
MAT (ASX) Chart |
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online