- Surely the whole reason for CKK being in existence was the CLRS technology ? That part of CKK has lurched from one disappointment to the other, now they say they didn't allow for the dimensions of the borehole in Larsen Deep-1, or as implied, someone changed the dimensions when CKK weren't looking ?, a very serious lack of homework.
Admittedly the saviour now will be the Globe Drill acqisition but it really makes me wonder what we were all thinking before Feb. 2010 when the only card they had was the CLRS technology.
I hope the aim of the cap. raising in seeing the GT3000 (and successors) as a marketable rig will not see any profits from the GT3000 being ploughed back into the as yet unmarketable and somewhat disproved CLRS.
CKK Price at posting:
17.0¢ Sentiment: LT Buy Disclosure: Held
