Hi Captain,
I agree with you that margins have always been very healthy for GNG. However I noticed late last year that LYL and MND started their JV call Mondium which was specifically focusing in on EPC contracts in the minerals processing sector. I thought to myself at the time that both companies might have noticed the GNG margins.
Do you know anecdotally if Mondium has increased competitiveness in the sector?
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Trading significantly under market value?, page-17
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