RNE 11.1% 0.4¢ renu energy limited

asx announcement 14 january 2009, page-21

  1. 359 Posts.
    OK. You make this sound pretty routine Kiwi but my phobia is not cured yet.
    "Keep yanking you guys."

    Actually, if you just have the stub end of a drill string
    to get around and you glance the new bit off the concrete and head a couple of degrees to one side to clear the abandoned hole and drill pipe, what then? Do you jiggle back to running vertical again or does 2degs. to starboard become the new heading now. Just thinking there could still be a kilometer to go and everything has to be achieved with this kink in the hole.
    Is that a problem or even a nuisance? On Hab.2 things didn't seem to go well once the first sidetrack had to be established. This was before they had the big rig and were working in just a 6 inch hole, 'I theenk'.
    Even down hole drilling motors were breaking in half.
    In fairness, I think tests showed there was faulty sub-standard steel in the drill pipes that had been supplied and strict QC protocols were established then. Even the down hole drill heads had some weakness that contributed to failure. Going on memory now which is pretty silly for me I'll grant.

    geojac
 
watchlist Created with Sketch. Add RNE (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
-0.001(11.1%)
Mkt cap ! $2.904M
Open High Low Value Volume
0.5¢ 0.5¢ 0.4¢ $102 20.62K

Buyers (Bids)

No. Vol. Price($)
30 11076670 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 2512320 5
View Market Depth
Last trade - 15.34pm 23/07/2024 (20 minute delay) ?
RNE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.