Answers from NWH:
Has Bootu Ck kicked off yet?
Bootu Ck. is estimated to be worth $185 m over the three years. Mobilisation was commenced in December and the site is up and running. Only issue has been the rain but that has not affected productivity.
Any news re JV with VDM? (and someone else obviously)
The three partners in the JV are meeting in Abu Dhabi next weekend to finalise some technical issues.
When can the market expect an update from the company?
Half yearly results will be announced on Feb 20 together with current outlook.
Things may be quiet now but should rally nicely for the next three weeks. Hopefully the half yearly will clear the air and give the market some confidence.
very quite, page-5
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