Sorry BFsgirl, yes it is a letter of intent, but i am excited. I hope you don't mind!
This is very important for Ckk, a milestone if you like, all we had before were demos or very small projects, this one is a real bussiness contract being negotiated, the oil company has done its due dilegence, they spent weeks checking the rig and asking for modifications etc. they Sorry BFsgirl, yes it is a letter of intent, but I am excited. I hope you don't mind!
This is very important for Ckk, a milestone if you like, all we had before were demos or very small projects, this one is a real business contract being negotiated, the oil company has done its due diligence, they spent weeks checking the rig and asking for modifications etc. they won't do that for nothing, that is how I see it.
It is a strategic oil and gas field too, other companies will be watching and CKK will be considered by those once they demonstrate their capabilities on the field.
1-2 million dollars contract, that would translate to a better balance sheet, with more to come I am confident. So no more discounted cap raisings damaging the share price.
It has been slow progress and now it is starting to show real promise, a good solid business with great potential Imho.
DYR
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