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Hi Cu,I believe this is where the company owned rig will be...

  1. BaltasarG
    3,708 Posts.
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    20/09/20
    10:21
    Post #: 47480569
    Hi Cu,
    I believe this is where the company owned rig will be targeting for the reasons you've outlined.

    The depth profile fits the rig specs/capacity and it'll be a lot cheaper as it's the Ausino rig (think Tietto style drilling costs/m).

    This was the case before the last raising.
    Rig still due to arrive in October which is not far away now.

    All the stars lining up in line with the LCL strategies.
    LCL Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 29  Upvote
    lightbulb Created with Sketch. 4  Great analysis
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