november drilling, page-3

Py, my thoughts would be these;

With regards to the diamond drill rig purchase, I have no idea. I asked the same question when it was originally acquired and the response I got was that there must be partners secured or else they wouldn't be spending their money on equipment when the services could be contracted out at presumably a cheaper price. That theory now seems less likely. There may be interested parties, but I would suggest that's as far as it has got at the moment.

I would assume they need some lead in time logistically before they can start drilling. I'm not a drilling expert but I don't think it would be as easy as saying, 'hey tomorrow we should all head down to the tenaments and start drilling again.' I'm sure there would be lead in times, they might have to wait for experienced drilling operators to re-position, further equipment etc.

It will be interesting to see how this plays out. Will SDL be able to achieve the increase in DSO resources they are looking for before the cash runs out and they need to return to investors hat in hand? All very interesting.

Just my thoughts, but I'm no drilling expert.