David from Kingdom Capital on UNTC
Yet Another Value Podcast
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The Cost of Building a High Speck Rig Right Now?
The cost of going out and ing to build one of these high speck rigs right now is probably in the neighborhood of 30 million dollars. A combine that with the cash on the balance sheet, and you're basily getting up stream and midstream free. But we haven't factored in that depreciation. And that's where i would ball part it if they wanted to go in fire saleas to morrow.
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