Yeah, I thought that too, especially when he said about the drilling money burn. Good thing too because I was wanting more oppies, but will tank up on heads (actually took out a personal loan I am so bullish, so dont listen to me).
A few things in retrospect worried me a little (short term), especially all the small caps needing CR for them to get work, so perhaps a 50% utilisation may be on the mark rather than conservative after all, at least for now. I also reflected on the SP after the WPL contract, and thinking about it realised that the SP may not move as much as I previously thought, unless it is a ripper number.
CLRS the darkhorse - Hoping it plays a much bigger part in the coming next 6 months in terms of a commercial value.
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