AKK 0.00% 0.3¢ austin exploration limited

Just reading the last announcement and find it interesting that...

  1. 83 Posts.
    Just reading the last announcement and find it interesting that they say how well they have done getting the drill rig so cheap but then they drill 100 feet and stop for two months for the elk. Drilling of the initial 100ft conductor section of the well is progressing well and has been halted in observance of Colorado State Wildlife regulations which prohibit ground disturbance due to elk breeding in the winter months. So two months rental for a rig just sitting doing nothing might it not have made more sense to start the hire in April and save the two months’ rent. Anyone else have a thought on this? Drilling will recommence in April
    Austin has exclusive use of the equipment, including an Atlas Copco RD20 Range 3 drill rig, for a flat monthly rate for an initial 12 month period.
    You just wasted 2 months of it

    The red is a direct copy from the announcement..
 
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