These guys have recognised the world class assets that CGG control and successful management tend to align themselves with successful projects .The Copper and gold are very high grade and profits will be high largely due to their fuel costs being a fraction of other countries at around 12c per litre ,and their low tax rates of 20% from memory . Still flying under the radar at the moment ,but will not stay that way for long .They are planning to mine the gold cap in 12 months time ,so we should see lots of activity in the next few months .
CGG Price at posting:
11.9¢ Sentiment: Buy Disclosure: Held
