CKK 15.8% 1.6¢ coretrack limited

chronic drill rig shortage in wa, page-4

  1. 277 Posts.
    Talking to Matt Birney a couple of weeks ago, he said allot of the delays in the gas contract was related to who takes on the risks, (injury, death, etc...) Hopefully with 1 contract signed, going through the process, future contracts will take allot less time and effort to negotiate.

    With most of the equipment on order, money in the bank and the IP's on the GT drills, the signing of the next contract could signal the time to start building the another drill.
    I know the GT5000 has a larger potential for gains but it is allot more expensive to build. I would hope they build a couple more GT3000's first, creating a steady revenue stream and increasing the brand name.
 
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