All the Mining Services Contractors are under enormous wage and overhead cost pressures, add to that supply chain contraction and looming (inflation driven) tightening of finance and you can see some headwinds in this sector. Not to say you cannot make money but agree, careful screening of bids will be critical. If only they could land a couple of "inflation adjusted contracts".... if only such things exist in this competitive market.
MLD Price at posting:
78.0¢ Sentiment: Hold Disclosure: Held