Geodrill Limited T.GEO

Alternate Symbol(s): GEODF

Metals & Mining Industrial Metals & Minerals

Geodrill Limited is an Isle of Man-based exploration drilling company with a fleet of 76 drill rigs operating in Africa and South America. The Company operates in two continents and seven countries, namely Ghana, Burkina Faso, Cote d’Ivoire, Mali in West Arica; Egypt in North Africa; and Peru and Chile in South America. The Company provides Reverse Circulation, Diamond Core, Deep Directional Navi Drilling, Air-Core, Grade Control, Geo-Tech and Water Borehole drilling services to intermediate and junior mining companies and operates a fleet of multi-purpose rigs in Africa. Its fleet stands at 76 drills and is made up of nine types, including EDM 2000 multi-purpose (qty. 6), Sandvik DE 810 multi-purpose (qty. 11), Sandvik DE 740 core (qty. 10), Sandvik DE 710 core (qty. 10), X1200 Multi-Purpose (1), X900 Multi-Purpose (17), Austex X350 RC / Grade Control (qty. 2), Austex X300 Air-core (qty. 7) and LM90 (qty. 7).

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Geodrill Limited > poor IR

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Comment by FrozenInOntarioon Mar 08, 2022 11:32am

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Post# 34495470

RE:RE:RE:RE:RE:poor IR

Hi,

They have 71 Rigs. From the conference call, Harper talked about rigs and said to a question.
"But I think conservatively, we’ll end this year with call it 79 rigs, or probably just 80 realistically"

Read the transcript, the CFO answer that they do not give guidance. And Harper follows with "I think your numbers aren't that far out. I'll make it a bit easier for you".

Harper will present with Radius today at 2:00. He has been complaining for some time that the market does not understand his company/supercycle.

GLTA

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