KAB 0.00% 0.1¢ kaboko mining limited

progress, page-11

  1. 7,746 Posts.
    Hard to tell Lory.

    "The facility provides the Company with the necessary interim funding to commit to the first 5,000m to 10,000m of a proposed 27,000m RC drilling program that is being prepared by the Company’s Technical Consultant."

    On 1st Oct it was only being "prepared" and "proposed". Maybe they've finally started?

    They did state

    "The proposed RC drilling program follows the recent independent geological review and site visits to each the Company’s projects and is to be commenced ahead of the onset of the rainy season in November"

    Prior to November?

    Seems like a tight timeline. On 1st the program was still being prepared. But by November rain will stop drilling. Like how the rainy season excuses are already starting?
 
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