Bent
Author: RICHARD HEMMING
Date: 12/04/2011
The Coretrack chief executive, Nanne van 't Riet, thinks his fortunes will improve with a company that he says is finally making the transition from research and development into the commercial world.
It is less than a month away from securing its first "big contract" in drilling services, he says.
The contract would be for its GT3000 drill rig, which combines the attributes of the big-platform petroleum rigs and reverse circulation mineral rigs. Coretrack has built one of these so far, but intends to roll out six a year to account for the "massive shortage of rigs".
source :
http://newsstore.fairfax.com.au/apps/viewDocument.ac;jsessionid=B691F18226C1B0DE0B10110B8D1CA265?sy=afr&pb=all_ffx&dt=selectRange&dr=1month&so=relevance&sf=text&sf=headline&rc=10&rm=200&sp=brs&cls=477&clsPage=1&docID=SMH110412S97IR6KOU40
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