Debono,
Two questions:
Wasn't it the drill that didn't work at Telfer? So the problem wasn't the CEOs s/sheet but the drill..
Didn't the CLRS work on the Woodside hole last year?
One technology works and isn't in the middle of a legal dispute, the other has at best not been proven to work..
Just on a risks management basis I'd be supporting the CLRS. Admittedley, CKK need to get into gear and get some contracts.
If CKK/Strange Investments come to some sort of agreement on the drill then great, but at the moment I'm happy for the board not to be burning cash on it.
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