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Capital Drilling confident of continued activity from producing mining sites

Capital Drilling Ltd (LON:CAPD) chairman Jamie Boyton caught up with Proactive London's Andrew Scott to talk through the firm's 2019 results and how they're dealing with the current uncertainty around the outbreak of coronavirus.

He's expecting exploration activity to soften a little as junior mining firms find it tougher to access capital however he's confident producers will continue to experience increased cash flows from their operations.

Capital Drilling reported US$114.8mln of revenue for full-year 2019, in line with its prior guidance for US$110mln to US$120mln.

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Price: 60.5 GBX

LSE:CAPD
Market: LSE
Market Cap: £82.87 m
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Capital Drilling PLC's (LON:CAPD) Jamie Boyton speaks to Proactive London's Andrew Scott after announcing they'd won a five-year contract with Allied Gold Corp to provide a full range of mining services at the Bonikro Gold Mine in The Ivory Coast.  It is the first time Capital has taken...

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