CND 14.8% 3.1¢ condor energy limited

mauritanian drilling update almost unchanged, page-7

  1. 3,559 Posts.
    found this at http://www.freepatentsonline.com/4886130.html

    Nutational technique for limiting well bore deviation
    Well bore deviation from vertical is reduced or corrected by inducing a lateral deflection of the drill string at a predetermined location above the drill bit to force the drill bit to return to vertical.

    Looks like the hardness of the rock is causing the drill to deviate from vertical and they are trying to adjust back to vertical???
 
watchlist Created with Sketch. Add CND (ASX) to my watchlist
(20min delay)
Last
3.1¢
Change
0.004(14.8%)
Mkt cap ! $17.91M
Open High Low Value Volume
2.7¢ 3.1¢ 2.7¢ $21.57K 761.0K

Buyers (Bids)

No. Vol. Price($)
1 122644 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.1¢ 5000 1
View Market Depth
Last trade - 12.05pm 16/08/2024 (20 minute delay) ?
CND (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.