fundamental analysis: 5 bagger, page-241

Another management blunder JHB.

They brought their own rig back from the Americas, at great cost. When it landed, they then discovered, lol, that it could not do the job they imported it for. Did not know the technicals of their own assets. They then spent money to make it work on their tenements, but they have not used it. Why not? And why no advances on resource definition in 16 months. They are wasting and burning cash rather than progressing their resources.