Ann: Cobalt-nickel RC drilling program commences at Coglia Well, page-9

Hi Fugerson and all,

Hardly big bucks. This 2014 article talks about the low cost of RC drilling so 3,000M is not a great deal of money to spend out of the current $1.6M CR.

“Exploration drilling costs down to $50 per metre”

https://www.australianmining.com.au/news/exploration-drilling-costs-down-to-50-per-metre-2/

Reading through the last lot of paperwork for the offer it appears our dynamic duo are well on their way towards 4 Billion shares on issue. Let’s just hope they hit the Cobalt this time around and have someone on board that can understand the drilling results.


Cheers and very best regards: Andy