BLV 0.00% 1.6¢ blossomvale holdings ltd

Trident for an offshore rig survey positioning contract????I...

  1. 119 Posts.
    Trident for an offshore rig survey positioning contract????

    I will say it again: You guys really need to research what the company does that you invest in, the lack of knowledge is staggering at times. I can't understand why people invest in a company when they have no clue as to what it does?. Its how companies get away with inane meaningless announcements......
    I am not saying the survey positioning announcement was inane or meaningless but as I have said before. Rig survey positioning involves a few days at the start before they spud the hole with 2 or so Surveyors and then they are demobilised for the duration of the well (up to three months). Once the rig is in position its not going anywhere!! its pinned to the seabed by a bloody great big drill string so you dont need any surveyors.
    ;-)
 
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