IMO this rig is ahead of its time to some extent with respect of geothermal drilling. Yes it's also capable of O&G, water & mineral drilling BUT the true value will be unlocked in PURE geothermal drilling.
I've pointed out my thoughts in a post on the ASX general thread earlier today of where I honestly see the global economy headed and whilst not saying so in as many words I firmly believe in the future of geothermal as an alternative/renewable energy source.
The alarming rate at which fossil fuels are consumed is totally unsustainable and those who have identified that alternatives SHALL play a major role in the future will be rewarded IMO. This is without even commenting on the impact the use of these fossil fules has already had/is having on the envisonment.
Nothing changes overnight, history shows us that there is sustained and protracted denial before it is accepted that a change must be undertaken.
Patience is required guys ;)
WC8
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