CKK 15.8% 1.6¢ coretrack limited

change of director's interest notice ..., page-25

  1. 10,771 Posts.
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    cheers debono tretch
    if you have the time and inclination getting any response (or squirmy body language lols) re the following would be fantastic:

    Q's
    1. Re wellhead/proving deeper drilling capability
    Did they buy the wellhead? did they take delivery? Would they still expect to go back to the hole in the future to prove the capacity to drill deeper? Are potential deep drilling customers seeking that proof in practice before contracting?
    2. Re O+G drilling capability
    What extra ancilliary eqpt is required for this? Cost? Indicative time-frame to procure/fit/test? Would they be full service O+G i.e. are there any aspects of O or G drilling jobs that other rigs could do but the GT3000 could not?
    3. Geothermal market
    They have previously talked about overseas geothermal markets - what work have they done wrt those markets in the last six-twelve months? What database or market research or relationships with overseas entities do they maintain to support that future option? Do they consider they would be competitive for more conventional (not deep) geothermal drilling or only deep geothermal overseas?
    Testing their depth of thinking on geothermal in aus; (any high performing co should have a database on all this stuff supporting their strategic calls on O+G or geothermal) how many deep geothermal companies do they realistically believe will have the funding to be seeking drilling services in the next 6mnths? What do they see as the key policy/govt funding initiatives that will unlock that market and what are their views on those things happening and when? (those last ones are Patsy questions I know, but if they can't talk intelligently without ducking on that sort of thing I'd be concerned)

    Anything you could squeeze out of them on those would be fantastic.
    Preferably not from TB. He's the only director I've ever called on the phone who made me feel I was dealing with some-one less than professional. ;)
 
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