I was of the opinion that all construction of drills was on halt...

I was of the opinion that all construction of drills was on halt (including shut down of their plant), and that the company is focusing on getting jobs for the CLRS and GT3000 before they start up construction again.

I don't think another capital raising would go down well if they run out of money building a heap of drills without a significant contract first!

I can't be bothered going through 50 or so announcements to find the proof. But i'm pretty sure no drills are being built at the moment. CKK need some positive cash flow, and I see this as the main reason holding back the SP.

CKK need some big contracts with some big money rolling in before we see this SP reach new highs.