SWK 0.00% 30.0¢ swick mining services ltd

Mate, it's a Christmas miracle that's what it is. Barrick Nevada...

  1. 276 Posts.
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    Mate, it's a Christmas miracle that's what it is.

    Barrick Nevada locked in (10 rigs at fixed shift rates = constant margin), Jundee locked in (14 rigs), Novo rigs (8) up and running after maybe 12 months of disruption and startup, now BHP (!!) (8 rigs). That's all the larger contracts locked in for at last the next 18-24 months and 40 rigs / $100M+ between then. Plus all the 1-2 rig operations scattered around the country and at least 3 in Portugal/Spain.

    Just a pity they didn't retain all of Tanami and Fosterville mines mid-2019, as that has been a bump in the road.

    Orexplore is the icing on the cake.

 
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