Rare Earths Americas · The Northern Miner Podcast · Brazil's key role in Western supply chains, ft. Rare Earths Americas CEO Don Swarz
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plan to drill between 15,000 and 20,000 meters of early-stage drilling to show results
15,000-20,000 meters of drilling
“By invoicing faster and in smaller batches, he cut day sales outstanding to half the industry standard, resulting in a one-time cash benefit that he values between $100,000 and $150,000.”
“Directional drills... you can just pop a shot under the road. Then they prove their worth.”
“‘…pay $15,000 to $20,000 out of pocket for one treatment.’”
“We write checks between, when we started, it was between 120,000 and 220,000 and 220,000. It's gone up a little bit since then, I guess inflation, it's just kind of what we do.”
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