Glimmers of hope in mining services sector, page-21

Big problem with Boart is they always over charge their clients, compared to smaller companies. Their excuse is they have a excellent safety rating.which I'm not arguing with, but during financial hardship clients will turn to look elsewhere.

Manufacturing side is still a massive positive for these guys.

Boart needs another boom so to speak to get out of this debt problem. They bought to many companies during the good times and didn't recover their debts before GFC. Still struggling with it.