CKK 15.8% 1.6¢ coretrack limited

operate or sell rigs, page-5

  1. 908 Posts.
    Trendsetters!.....50% utilization brings in $22 million revenue?...Unless the boys at CKK are close to "brain-dead", they will be setting up a run of contracts closer to 100%. With the superior technology and MASSIVE cost advantage, they should "fill" the order book to MAXIMUM. Over the weekend I watched a documentary on the super-rig operating in the Gulf of Mexico. This one is operating and generating revenue 24/7. Why?...because it's "superior" technology and they are CASHING IN to the max while they have that competitive advantage.....Same should be the case for the GT3000 and [no doubt] the GT5000...now...back to the Super-bowl!...CARNA STEELERS !....LEE[any kind of foot-ball tragic..except for that "soccer" thing]
 
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