DB wrote "Not his fault I guess if the rig was modified and they did the wrong type of drilling set up (other companies are up there drilling successfully..what did they do different?). "
I was under the impression they hit water which was entering the drill hole they were drilling at Telfer which the pumps could not remove fast enough for the rig to continue drilling effectively. To me thats not operator error or a drill fault design issue more just bad luck.
DOnt know about the other rigs up there believe they have small diameter bits ie NQ coring maybe because of that they can case the holes they are drilling, be difficult to case I am guessing a 200mm diameter hole that the GT3000 would be drilling
The other rigs are probably drilling in a different area with different water table heights to. I am no expert so my summation is probably wrong I did buy this at around 3 times the current sp so guess my credibility is shot as well!
CKK Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
