On the rise, page-26

Frank is on a crusade. Not that I think this is unjustified, but we need to move on.

Yes the RPS is a disgrace, three of the four Directors were there at the time, and they still collect monthly pay cheques. We need to be careful, agency costs can be high. The sentiment has changed for mining services companies, BKN is the best of them. Assuming the phantom CEO doesn't do anything dumb.

BKN should clear the RPS now, CHAMP/SK get money back and fees. There is plenty of long term money in the market currently, which would take a subordinated position and fill the gap if still required. Once clear, tell the market the value creation opportunities I know they in the drawer.

Them watch the vulture fly off to new valleys.