desired outcomes, page-28

Based on the two announcements it seems that the board's legal defense is partially based on whether delivery means transfer of ownership.

As ckk shareholders, I think the best we can hope for is that in that one they are right i.e. Strange Investments takes delivery but not ownership. Effectively, the rig then has no value to either party unless they negotiate. If not this board and WS, then....

In that context I'm rather appalled at the indecent haste to sell other globe drill assets.

Regards,
Jazz