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Ann: Ceibal confirmed as gold porphyry discovery, page-52

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  1. 322 Posts.
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    No worries, the call out to company operated vs contractor operated is just a general industry observation. Typically contractor owned are paid by the meter, so drill faster. Company owned (although cheaper in the long run) tend to be slower as they are paid a salary instead of a meter rate, so less incentive to drill quickly.

    Doesn't make a huge difference though, particularly when there are 5 rigs drilling.
 
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