"GZ, do drillers require payment upfront under normal circumstances or substantial deposits lodged against large upcoming orders ? "
Nope, didnt used to, except in the case of clients with bad reputations over slow payment.That wouldnt be an issue.
"I'm just trying to rationalise why with almost $5M in the bank they are going to the market at this time."
Maybe you had already answered your own question there, Niji.
Mike might be nervous about the future clime for CRs. If it turns out he's right, it will be seen as a responsible move.
If it turns out he's not, he'll have to face our grumblings.
(Did I just hear him say "So what's new"? lol.
GZ
not happy, page-9
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