I like GDY but would not touch it.
The drillers have been trained on the new rig, but have no track record of successful completion of drill holes at these depths with this particular piece of equipment.
The risks are high. It won’t be without its problems along the way. And any problems at depth will spook the market.
I think they will get there, but the news over the next few months will be peppered with problems.
risks
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