The Crucial Mistake8 Dec 2023 12:53
Since buying the Predator Rig, we have tripped and stumbled from one problem to another.
We bought the Rig, which is 11 years old, had done approx. 5000 hours up to 2015, and had been cold stacked in a backyard in Kenya for the ensuing 7 years, on the Audit Report of ADC of Aberdeen last August 2022, and decided to move it to Tanzania, and put it straight into work at Tai - C on the basis of that Audit. Let's face it, the Audit was no better than a detailed house survey where at the end of the document it is stated they didn't lift any carpets, access any lofts, blah, blah, blah.
It was a light check, started it all up, checked for leaks, spin the drive units, etc. and sent the Invoice.
You wouldn't buy a 10 year old Excavator that had been lying static for the last 7 years and put it straight onto a prestigious Construction Site, would you ? You would either Buy new, hire, or if you were confident the machine you had bought could do a job, put it through a thorough workshop upgrade, like the scheme Epiroc offer as a "Mid-life Service Plan" May have cost another Β£1m on top of Β£2m to buy it , but then you would have a machine ready to do some work and with parts under warranty, before you started the Drill, and saved downtime and associated costs.
This happened because there is not one member of the BOD that would know one end of a spanner from the other, and as I have previously posted, Mike Williams appointment was a "friends gig", not the hiring of a highly experienced Drilling Operations Manager.
I have had great belief in the Helium Story for years now, but we need to find a competent team before we get to the Helium!