RNE 16.7% 0.5¢ renu energy limited

gdy 105 million jv origin energy, page-67

  1. 1,843 Posts.
    I should clarify my statement, in reference to the vibration sensor, to say that it will slow drilling 'rate' to a degree. The actual time spent drilling should be reduced due to the ability of the sensors to allow real-time adjustments to the drilling operations, reducing bit wear collar damage, and associated repair/replacement times.

    If ever there was a time to release a 'special' update to the very patient investors who have poured tens of millions into this project, now would be it.

    It is hard to justify holding a full position if, like me, you are generally bearish on wider market conditions. I just don't want to make sure I'm long when the first hydraulic feedback data is released.

 
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