Big takeaway for me is the cost of growth.
MSV has 100% of their underground Rigs Utilsied.
If MSV can land 5 or 6 multi year contracts for surface rigs, deploying 10 to 15 rigs cash will flow in on those 30%ish EBITDA margins with little capital outlay.
This growth needs to come from base metals and gold.
If more underground capacity is added then long term the potential for MSV is there, but I think the shareholder will have to have a think about investment horizons.
Big takeaway for me is the cost of growth.MSV has 100% of their...
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Last
39.0¢ |
Change
-0.005(1.27%) |
Mkt cap ! $84.44M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 39.5¢ | 39.0¢ | $4.482K | 11.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9500 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 108912 | 6 |
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| Last trade - 10.10am 18/09/2024 (20 minute delay) ? |
| MSV (ASX) Chart |