CKK 15.8% 1.6¢ coretrack limited

questions

  1. 1,523 Posts.
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    Thanks to all for your input on questions to raise to warren. This is what i sent for reference.
    Hi Warren
    We have a number of questions to ask you about globedrill information that a few guys, gals and myself on Hotcopper investor forum wish to ask, just so you know i will disclose this email and your response to CKK followers on Hotcopper as these questions are from multiple people compiling on one email not to bombard you with emails or phone calls. Considering the number of questions it maybe easier to cut and paste the list into a new email to respond. Sorry for so many questions but many people have considerable money invested in Coretrack. Hopefully this will clean out alot questions for the future and attract new investors as there still money sitting on the fence just wanting fact information.
    I thank you in advance for your time in responding to our questions.
    PS:Hows the shoulder, dakar next year i guess.

    Q1: Found a couple of different figures of cost to build between articles and announcements, so what is the current cost to build rig, aux and consumables.
    A:

    Q2: Time frame to build and can this be ramped up to suit contracts, how many can be built in new shed at once.
    A:

    Q3: Where are you with GT5000, are plans finished, has it been started, how much money to build this big fella and how long.
    A:

    Q4: Do you plan on other types of rigs or just these two rigs.
    A:

    Q5: Is there a long term view on where you/company want globedrill to be in eg:5 years in regards to rig numbers or structure. Selling rigs or service provided.
    A:

    Q6: Do you have all the auxiliary equipment required to get the job done, if not will it stop future work.
    A

    Q7: Is the intention still till focus on geothermal or has the company decided that market is not quite there yet and Oil&gas is the money at present.
    A

    Q8:Cap raising and cash situation, what can you disclose because we know it's coming in some format.
    A:
    and one last statement that we hope to get a chance to partake in any Cap raise not just to insto's as there are a few here that have been in for awhile.

    Regards
    Craig
 
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