BB: “every dollar we make in mining services we make 10 on mine ownership - it’s the same people and same time”
They generated $113M in revenue from mining services. Net Operating Margin was 16%. They have 433 employees. Each employee generates on average $260K.
Net Operating Margin is set to increase substantially as they hire more people to work on the company’s own projects. They did say the target is 1,500 employees.
High growth potential, low debt, cashflow positive. MINres instos will have better prospects putting their money into DVP stock.
DVP Price at posting:
$2.86 Sentiment: Buy Disclosure: Held
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