As a rule of thumb about 2-3% down time is normal, this includes tool failures, equipment breakdowns etc. We must remember these rigs drilling for the anomoly are not like the ones drilling for oil & gas or the ones used by Ben Affleck & Bruce Willis! These coring rigs are small and efficient, easy to move & set up so i think 2-3% break down time is more than likely less on said rig. Maybe someone on this forum has diamond drilling experience and could elaborate on this, but this is my understanding of it. I know drilling rigs & i doubt they are using big complex rigs like that for this purpose.
I sure hope some of you were able to pick up cheap shares today, obviously someone wanted out pretty bad. A news release this weekend would be fitting with the AGM 3 business days away.
The seasons are changing & the perfect storm is ever closer.