Thanks Justice;
That was part of my question. How are we affected by these highly variable costs. I was heavily involved with Freewest in the ROF and recall extreme drilling costs.....especially when there was no frost in the ground.
So, in a GNH style play, when we consider drilling under the 300m threshold and then factoring in core handling and prep is $100.00/m a reasonable number to use to extrapolate a budget amount? I'm also trying to determine the potential for GAX to use it's resources to drill.
GNH also has a decent amount in the treasury and after operational overhead one can figure out approximately how much drill ammo is in the kitty.
Just doing some forward DD..............carry