Drilling and Quarterly Q, page-3

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fmx_rider

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13/03/18

21:21

Post #: 31728568
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Originally posted by Nickel69 ↑

… the futures tangent regarding placement $M + st George day $M + current at hand $M ( a possible maximum around $9.7M if it all comes together ) RC ½ price holes versus DD costs / next years R+D return $M / 2510 m initial 2018 program etc etc etc …. Projections # of rig(s) and # of holes

When you start looking at all the multipliers I think you know where I am going with this ….

Very well managed imo … JP and local highlights reels of TH, CW and Newexco , nearly three months of review with a fine tooth comb , CASH $M and a sh#t load of meterage avail at our disposal …. Excitement plus +++ and certainly confidence building and certainly wont be from a lack of expertise or trying even with a couple of misses last campaign we would still be 75% + strike rate

I suspect there is going to be a lot of new ground / newly acquired lease areas with a lot of quick RC low cost holes involved over the year to be unleashed

Im going to open the can of worms at 2018 = 60 - 80 + holes DD & RC mix and surveys if all the monies come in

Good Fortune to All … Breathe some fire Nickel Dragons J

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Newexco have been busy interpreting massive sulphide targets for G88 for the last 3 months.

SGQ Price at posting: 20.5¢ Sentiment: None Disclosure: Not Held
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Drilling and Quarterly Q, page-3

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