CKK 15.8% 1.6¢ coretrack limited

ckk meet, page-27

  1. 603 Posts.
    It might be a case of the NCM contract being extended through to late Feb, early March 2012.

    If that contract is extended for 1 - 2 mths, that would cause delays in the start date of Whicher Range and thus cost CKK every day they're not on site.

    I can see the positives here as NCM is paying plenty for a minerals contract and the AWT job was barely break even.

    If CKK can pull solid revenue from a mineral job and then move onto an oil & gas hole in March/April I think it's a much better option going forward.

    See how market reacts tomorrow !
 
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