I think you will find they will be leasing the rig not buying it , this would mean the payments are over a period of time.
From memory $14 million for 18 months.
The real issue would be how we can fund the drilling cost to keep the rig working for this period of time.
- Forums
- ASX - By Stock
- $18 million remains, down from $70million
I think you will find they will be leasing the rig not buying it...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SSN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online