No worries, the call out to company operated vs contractor operated is just a general industry observation. Typically contractor owned are paid by the meter, so drill faster. Company owned (although cheaper in the long run) tend to be slower as they are paid a salary instead of a meter rate, so less incentive to drill quickly.
Doesn't make a huge difference though, particularly when there are 5 rigs drilling.
No worries, the call out to company operated vs contractor...
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LCL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.648M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 3183330 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 2095077 | 5 |
View Market Depth
| Last trade - 16.12pm 04/10/2024 (20 minute delay) ? |
| LCL (ASX) Chart |
Day chart unavailable