Would think there would be better payback and a more guaranteed income building core tracking devices than another GT5000 in the short term With auto cad lathes that can turn out 10 widgets as quickly as making just one, they could make the parts for a number of core recorders simultainelusly for little more than the cost of the stainless steel and printed circuits and MOSFET's Market the core trackers and rent them out with 2 going to each job in case one breaks down and instantly there is revenue and hopefully a positive cash flow on an operational level. In comparison building another rig is going to cost probably $6M or more and they will probably need the mast fabricated off site again.
CKK Price at posting:
7.9¢ Sentiment: None Disclosure: Held