I would settle for some drilling. Anywhere. Seems to me that the...

I would settle for some drilling. Anywhere. Seems to me that the biggest problem CKK has is that it has no runs on the board that major companies can compare their services against the competitors. When a company needs drilling done it needs to be sure that it will get it done on time and on budget. If you are the new kid on the block with unproven technology then you often have to do the first few jobs cheap just to prove your metal.
If CKK don't have the cash to test and prove their rig then they should do a cap raising just to cover this. Three holes completed and with proven equipment will see the orders roll in and deposits providing cash for new rigs.
The board have an interest in dragging this out. They collect fees while the technology is being proven so there is no hurry for them. If it is successful then they are in the money regardless. If it fails then they are out of job. Why hurry under those circumstances.