It’s been a challenging year for the company in getting all their rigs upgraded and up and running. Hoping for a very positive FY22.
Also the earnings projections of $10-11m EBITDA are based off 12 rigs. 14 rigs, with some potentially “double shifting” by the end of the FY (as per investor presentation) provides some upside as well while we wait for growth.
Ann: FY21 Results Commentary, page-5
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