SWK 0.00% 30.0¢ swick mining services ltd

Ok, here's my guesstimate for 1H 2017/18. Revenue: $80m EBITDA:...

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    Ok, here's my guesstimate for 1H 2017/18.

    Revenue: $80m
    EBITDA: $10m

    Based upon average 88% rig utilisation, $113/m revenue. Noting that the Nifty longhole rigs are no longer in the picture (which significantly increased metres drilled, but put large downward drag on $/m rate).

    Be interesting to see how it plays out.
 
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