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Re: xZx post# 44246

Wednesday, 01/02/2008 2:38:39 PM

Wednesday, January 02, 2008 2:38:39 PM

Post# of 107353
Love this line of the PR:

"A second 4000 meter rated LARS is expected to be delivered to Perry as soon as factory acceptance testing has been completed. The second LARS will also be sold to Veolia with a Perry ROV. Deep Down expects to sell additional LARS units of this class with an average minimum sales price of approximately $1.4 million each, depending on individual custom-engineered features and capabilities as requested by our clients."


Looks like they are looking at at least one more sale with the potential for more.

Like what I am seeing. Good movement on the PPS today as well. Had a gut check at .90 but with oil flirting with $100 a barrel, this is just a no brainer play for me.

-faz



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