If rig demand is low I can only assume profit margin in contract price wouldn't be too great. NGE talking about dividends next year though. Wouldn't drilling company need to retain initial funds for future working capital. I was a fan of drill rig ages ago, but cautious now. If they got a drilling contract that included a % upon discovery that might get me excited. Watching with interest.
If rig demand is low I can only assume profit margin in contract...
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