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Capital Drilling Ltd

Full interview: Recent strength in gold price gives Capital Drilling a boost

Capital Drilling Limited's (LON:CAPD) Jamie Boyton tells Proactive London's Andrew Scott the recent upsurge in the gold price is good news for the company.

He says with roughly 90% of the company's revenues linked to gold exploration activities, the company's prospects are looking bright, particularly in view of its strategic expansion into West Africa, which has several relatively underdeveloped gold deposits.

Quick facts: Capital Drilling Ltd

Price: £0.63

Market: LSE
Market Cap: £85.16 m
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Capital Drilling Ltd chairman confident going into mining upturn

Jamie Boyton, chairman of Capital Drilling Ltd (LON:CAPD), says the firm is well positioned going into the mining upturn, both financially and operationally. After slimming down the cost base over the last few years, it now has a healthy balance sheet and 94 rigs in good working order, he...

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