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Freegold Intersects 3.62 g/t Au over 42m and 1.23 g/t Au over 170.7m (click to learn more)
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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).


TSX:GEO - Post by User

Geodrill Limited
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Post by stockfyon May 13, 2024 8:21am
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Post# 36036427

GEO: Excellent results with continued growth in 2024

GEO: Excellent results with continued growth in 2024GEO announced excellent results with strong profitability and bright outlook, so the growth and profitability will continue in the next quarters, which means that GEO's revenue will reach or even exceed $140 million this year with good margins.

Reminder. GEO's revenue in Q3 and Q4 were $30 million, check links below, so the sequential revenue growth  and sequential adj. EBITDA growth compared to Q3 and Q4 2023 are evident.


Q3 2023:

https://www.newswire.ca/news-releases/geodrill-reports-third-quarter-2023-financial-results-815252390.html


Q4 2023:

https://www.newswire.ca/news-releases/geodrill-announces-2023-fourth-quarter-and-year-end-financial-results-829572005.html





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