CKK 15.8% 1.6¢ coretrack limited

long term, page-24

  1. 3,043 Posts.
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    Well said, HB1. I really do think that we will have to tolerate a little dilution before the shareprice takes off, but I'll be more than happy to be wrong.

    The dilution if it happens won't hurt us much, and I think the company will be a little more conservative with its growth plans than we would hope.

    I would be delighted if we can lock down two or three contracts and get a bank loan to build the GS5000 - just one for now, and grow the company from there. If, by years end we have two rigs in the field - and I think that's realistic, AND Coretrack reading core for cash - that's when we'll see the rocketship some people are predicting.

    Of course, all IMHO. We could also run out of moolah and fold.

    Cheers DJ (In, up to my neck:-0 )
 
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