"if the rig op wanted to go legal for a few mill that is almost like committing industry suicide. other operators may choose to wait for another rig rather than risk dealing with them."
I'm sure it works the other way too ; if CP/NSE try to screw Century too hard then other drilling companies are going to avoid CP/NSE .
In practice CP/NSE aren't going to be able to recover much , if anything that has been spent on Gibb Maitland .
NSE Price at posting:
18.0¢ Sentiment: Hold Disclosure: Held