Just back from my holidays, reading up. I am disappointed by the delay that Sapphire has to suffer before becoming productive again (i.e. before it starts making money again). Good that the impact was cushioned somewhat, but it's a loss the company (and us shareholders) will have to stump up for anyway..
The name of the game is "keep the rigs working". Per the CC we have a 2 yr contract coming up at a good dayrate. There is also the possibility that if the delay goes on beyond Sept that we can earn standby.