From Jason to a friend, Friend forwarded this to me.
Hope this helps.
So what I gather IMO is once Kanuka is done the rigs will be moving from there to Kitolo.
4CE will then go about getting the other rigs from the company they have some elsewhere but if AVZ is done with those at that time we can get them.
Everything looks to be going on track as planned, Heres the message from Jason:
Good to hear from you again. The initial drilling at Kanuka is an AC-RC program and Equity Drilling have allocated a dedicated rig from Lubumbashi. The current drilling at AVZ is diamond drilling - so a different type of rig. As such no cross border import issues or potential delays and no impact from AVZ diamond drilling activities. As we’ve said we will use the AC-RC rig to do the program at Kanuka and then move to Kitotolo to complete a combined 18,000m of AC-RC drilling across those two programs. Diamond drilling is planned at Kanuka as advised once we’ve completed the initial 3,000m AC-RC program and given timings should not be delayed by any external factors. The diamond drilling is specifically to follow up on the 18,000m of AC-RC drilling at both Kanuka and Kitotolo.
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4CE Price at posting:
8.8¢ Sentiment: Buy Disclosure: Held