What does it cost to drill?
in response to
by
posted on
Dec 02, 2009 08:40AM
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Can you explain why Tyhee's drilling costs (see below) are much lower than your estimates?
Baires
What Can $500,000/Month Buy at Tyhee?
It takes, on average, $500,000 each month to run ONE DRILL.
But that cost covers the housing and feeding of the crew, plus sample collecting. From that Tyhee gets about 500 meters drilled per week, even when down time/moving time, is factored in.
(This, as a follow-up from Dave Webb, paraphrased, of course).
B.