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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 approximately 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 approximately 76 drills and is made up of over 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).


TSX:GEO - Post by User

Geodrill Limited > Back on envelope calculation on new contract
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Comment by ubiquitousmanon Jan 11, 2022 3:16pm
167 Views
Post# 34305051

RE:Back on envelope calculation on new contract

RE:Back on envelope calculation on new contractShould earn at least 50 cents a share(USD) in 2022. Put a 8 PE on it and we are at $ USD.
Problem is a little small cap like this gets no institutional investors and the little guys are all
about tech. No one wants a  well managed company makeing money, underpriced(in my opinion) and with exposure to the gold mining sector that could really take of this year. One of these days....
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Dealroom for high-potential pre-IPO opportunities