CRJ 0.00% 1.5¢ caravel energy limited

reread

  1. 2,068 Posts.
    lightbulb Created with Sketch. 244
    I usually don't buy companies with only one shot in the locker, like most of us I like a fall back position. This is why I bought CRJ I actually like the Adelaide fold belt as a fall back. There are plenty of examples, Ballarat, Bendigo, Walhalla to name just a few, of the old diggers taking the low hanging fruit but not having the technology to locate and exploit much bigger resources.

    When I first read the CRJ threads today, I assumed that the drilling was suspended in the Olympic domain and moving to the Adelaide fold belt. As I find this area very prospective I was dissappointed but not overly concerned. Now having read the announcement myself I can see no mention of the drill being moved at all, only that the Olympic domain drilling is stopping and other work is being prepared in the Adelaide Fold belt, but no actual connection between the two.

    Am I missing something here? Why do posters believe that the drill is actually being relocated

    Regards

    Pagarsi
 
watchlist Created with Sketch. Add CRJ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.