Foraco International SA T.FAR

Alternate Symbol(s): FRACF

Metals & Mining Industrial Metals & Minerals

Foraco International S.A. is a France-based company engaged in the mining, geological and hydraulic drilling sectors. The Company's principle business consists of drilling contracts for companies primarily involved in mining and water exploration. The Company operates in two business segments: Mining and Water. The Mining segment covers drilling services offered to the mining and energy industry during the exploration, development and production phases of mining projects. The Water segment covers all activities linked to the construction of water wells leading to the supply of drinking water, the collection of mineral water, as well as the control, maintenance and renovation of the existing installations. The Water segment also includes drilling services offered to the environmental and construction industry, such as geological exploration and geotechnical drilling.

TSX:FAR - Post by User

Foraco International SA > Level of debt

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Comment by savyinvestor333on Mar 02, 2021 3:15pm

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RE:Level of debt

I'm expecting updated progress on the debt issue on Thursday's conference call. Seems to me they think it can be redeem under par value but even if it isn't I believe we are still cheaper and better margins than MDI

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From now on, dynaCERT instead of Bitcoin or NVIDIA?