Ausdrill Limited

Company updates

Ausdrill delivers solid cashflow performance in a weak market

Through solid operational cashflow generation of $117.9m and restrictions on capital expenditure, Ausdrill has been able to make secured debt repayments of ~$100m over FY15 in a challenging mining services market. The large reduction in secured debt improves the expected recovery position on Ausdrill’s unsecured bonds

Thursday 27 August 2015 by
Company updates

Ausdrill reports on 1H15

For an investor with a high risk/reward appetite, and willing to bank on a mining sector recovery pre 2020, Ausdrill may provide a speculative buying opportunity with the very high yield on offer

Tuesday 03 March 2015 by
Company research

Ausdrill Limited research report 2014

Ausdrill Limited (Ausdrill) is a leading provider of mining services in Australian and African mines. It is one of the largest listed mining services companies on the Australian Securities Exchange

Tuesday 18 November 2014 by
Read more