Geodrill Limited GEODF

Primary Symbol: T.GEO

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).

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Geodrill Limited > great 2nd q results

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Comment by profitprophet1on Aug 08, 2022 11:44am

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Post# 34878854

RE:great 2nd q results

Q1=13 cents Q2= 13 cents Q3 = ??? Wet season..maybe 6 cents Q4 = 14 cents estimated 46 cents American *1.28 = 58.9 cents Cdn... The company is extremely undervalued. It is catching a bit of upward momentum today, but even if a p/e of 6 that's nearly $3.60. If p/e of 8 we're at about 4.70. It's a bit frustrating waiting but that's what we have to do I guess.

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