so why is the rig to blame ?....., page-16

Hey Tretch... been awhile. Have been way to busy to follow stocks as I would normally... great banter and humour on our other favourite.

CKK - being an ex miner and (underground) driller - not sure how these guys have managed to take a very good idea and turn everything to stuff not very valuable... have to be careful of my language :) I would have thought that research would have informed them of the type of ground they going to be drilling and that necessary precautions should be taken. It's all about being prepared - usually for the worst.

Like you I have enough for a flight to Bali - but I'll have to stay there - unless the something happens that pushes the sp upwards.

With regards to O&G - I agree 100%. I'll take a substantial loss on this company if they move into this area and start fraccing. If what has happened in the USA is not enough to put scare the "proverbial" out of this company and share holders then I would not want to be a part of it.
Geothermal is still a very viable option in renewable clean energy - we just need a Govt to support it. Panax is one company that has up coming projects in Indonesia that will require a rig like the GT3000... there are others.

I know... nothing that hasn't been said before. Management change? Would probably not be a bad idea...