GREY:CXEYF - Post by User
Comment by
mind_businesson Mar 31, 2010 8:37pm
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Post# 16946855
RE: Rumours on the street
RE: Rumours on the street
There is a rumour on the street that production has already resumed but the news release became jammed in the fax machine again. The luck these guys have. Rumours say that a technical team is on scene assessing the situation at this time. That's all we know for now but there was another surprise at the Candax office.
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OK, now you're just being ridiculous. Your exagerations are undermining the value and credibility of this board. The real rumour on the street is that El Bibane work-over was completed on time, however a freak whale collision with the platform has rendered El Bibane inactive for a 12 month period. Plans are already underway to transport the rig back to the Tunisian port for repairs. The good news is that they managed to retain the same repair crew that worked on the rig a few years ago. The bad news is the crew's only hammer was lost during their last job ... 3 years ago working on El Bibane. Efforts are underway to raise the capital to replace the hammer. Full steam ahead :)
For those that are new investors to CAX, or don't have a sense of humour .... I'm just kidding!!!