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$2.91 boart longyear group ltd

Ann: 2017 Full Year Results Presentation, page-31

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richbitch

6 Posts.

01/03/18

12:27

Post #: 31447567
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Originally posted by Bullspike ↑

I gave you a thumbs up for your tag name.

Out of curiosity, do you have the above knowledge from industry experience or from public reports?

Selling equipment to competitors or a slow down in R & D is to be expected at the bottom of mining cycle, and may not necessarily be a bad thing.

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Thank you for the thumbs up. the knowledge comes from competitors in the drilling space that have purchased rigs from BLY auctions etc.

BLY Price at posting: 1.2¢ Sentiment: Sell Disclosure: Not Held
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