Hi Kiwigeo
Thanks for replying.
My interpretation of what happened between the drilling company and Ivz, after Mukuyu-1, is that because of the poor equipment and incompetence of personnel provided, as remedy they came to a solution for the drill to remain 12 months available to Ivz.
This is risky but potentially a wise decision, that will pay off once oil discovery will be achieved.
In the end the alternative was to release the drill, or have to rush trough Baobab for surerly another failure...
More time to asses Mukuyu-1 and two more Directors on board, once all the data will be available, CoS for Mukuyu-2 have to be 99%.
I am sure that Scott and Co. plans, unless they are philanthropist, are in line with getting the elusive oil sample that we all want to achieve.
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Hi KiwigeoThanks for replying.My interpretation of what happened...
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