but only the strong will survive and note that BLY won yet another drilling contract from ESG last week.
For those of you who have forgotten, BLY is the largest mining services company in the WORLD, i.e. not Australia, so whilst the RSPT impact is going to impact Australian projects, it will not worldwide.
You may even argue that it may increase exploration overseas (which are bigger markets for BLY) vis-a-vis Australian exploration.
Having said this, atrocious SP performance, I was hoping for something better today, bought a few on the dip!
BLY Price at posting:
$2.64 Sentiment: LT Buy Disclosure: Held