I stand corrected, upon going back and rereading report I agree it was contracted rigs company sold, although I think leopard probably would have been aware of this situation looming & arrange alternate. Anyway such is life, there is a huge shortfall in available rigs & they are hard to come by, especially in this area where there is a lot of activity recently.
The sentry jv I think would have been wise to mention the current state of play in negotiations etc. as there is public discussion/knowledge of this, if they are willing to acknowledge this in personal phone calls from shareholders, they should also be willing to inform ALL thier shareholders. I am always a little sceptical when there is selective disclosure, even though I am a holder and see potential in mhl.
my 2c worth....
cheers
stevero_58
MHL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held