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PAC PARTNER JULY23 REPORT, page-137

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luciano

636 Posts.

77

28/07/23

16:25

Post #: 69043599
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Originally posted by Kiwigeo8339: ↑

If the only aim of M2 was to get a sample to surface they might as well skid the rig 50m and do a re-drill.

Drilling at an updip location and with a slightly different play is riskier than an M1 re-drill but the potential gains are much larger...ie a sample to surface plus a whole heap of new data. Im sure its been risked out by Scott and co.....they have access to more data than we do here.

Risks associated with the fault seal trapping mechanism and migration paths at M-2. I don't have access to enough data to make an accurate assessment of same.

My gut feeling....I'm (still) more concerned about issues associated with hole deterioration and differential sticking.

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Risks associated with the fault seal trapping mechanism and migration paths at M-2. I don't have access to enough data to make an accurate assessment of same.

Thank you Kiwi
From the info we all know though.....in MK-1 the fault seal especially for Lower Angwa was very thick.
What is the chance that just 7 Km away is not there anymore?
SM kind of talked about this seal as if a dead certain in the whole license....

IVZ Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
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