CNB 4.11% 38.0¢ carnaby resources limited

As we all know, after recent events, and with pending sale of or...

  1. 538 Posts.
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    As we all know, after recent events, and with pending sale of or toll deal done on TH open pit, we will be very cashed up.

    So my questions are :

    How much would we need to spend on the first up Strelley drill campaign
    and likewise
    how much on a first up Tick Hill drilling campaign

    is it $2 mill per site, $5 mill per site, or .........? , and would the spend at each location likely be roughly the same. If not, why not.

    Also, im curios to know, with todays announcement stating drilling is soon to start at Strelley, how long until we start to see some results from that work. 2 weeks, 4 weeks, ......?

    As previously stated, im not a mining person, so im really just trying to learn

    Thanks in advance for anyone that can advise
 
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