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Bullboard - Stock Discussion Forum Geodrill Limited GEODF


Primary Symbol: T.GEO

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... see more

TSX:GEO - Post Discussion

Geodrill Limited > GEO: Growth and Profitability over the next 3-5 years
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Post by stockfy on Nov 12, 2024 8:07am

GEO: Growth and Profitability over the next 3-5 years

Based on yesterday's news, GEO is straight and clear:

"In 2024, the Company secured contracts totaling more than $150M that will continue to strongly contribute to revenue and profitability over the next 3-5 years."
Comment by drewmumaw on Nov 12, 2024 10:04am
I think those are with tier 1's so the revenue is stable and reliable, and they don't have to go through another Burkina Faso problem again.