I agree austin. The BOP was the reason the TOL was late starting on this program in the first place. They should have had a spare sent out to the rig already at least standing by to replace it at the very least. I understand that each time they figure "this won't take long to fix". But at some point somebody has to step up and make a realistic assesment of the problem. We have a $500,000 part stopping a $100 million drill program.
And as far as doing a trading halt for that announcement, that was crazy. Should be back drilling soon.
uh-oh trading halt, page-40
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Last
$1.70 |
Change
-0.015(0.88%) |
Mkt cap ! $1.361B | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.70 | $1.67 | $6.485M | 3.843M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5782 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 1499 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| KAR (ASX) Chart |