SWK 0.00% 30.0¢ swick mining services ltd

Ann: Trading Halt, page-3

  1. 276 Posts.
    lightbulb Created with Sketch. 31
    If I was to guess, then either large contract win requiring significant new rig builds, or acquisition of a technology company that would help leverage/accelerate Orexplore uptake much faster than they could do organically.

    I would be a little surprised if it was driven by rig builds as I would expect there is flexibility within existing balance sheet. It would have to be big - say 10 new rigs at Olympic Dam etc.

    Just guessing....

 
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