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LSE:CAPD

Capital Drilling Ltd

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Market:
LSE
Market Cap:
£82.87 m
Price
60.50 GBX
Change
0.00%
52 weeks high
75.00
52 weeks low
25.00

Our Strategy

We have seven areas of strategic focus. They are:

African Focussed

  • Geographic concentration to drive margins
  • Leverage extensive experience and knowledge across African market

Quality Providers

  • Focus on world class project execution
  • Deliver first world standards in the emerging markets

Industry Leading HSE

  • World class safety processes and procedures on every site
  • Visible safety leadership from all levels

Best-in-class Assets / Maintenance

  • Investment in Tier 1 on-site maintenance infrastructure
  • Maintain high mechanical availability and young rig fleet to deliver a safe and reliable performance

Superior Portfolio of Assets

  • Long term, mine site based clients
  • Blue chip, mid tier mining companies
  • Target low cost operations

Robust Balance Sheet

  • Strong cash generation
  • Conservative approach to gearing
  • Supports strategic growth plans and expansion of range of services

Increase Service Offering

  • Expand range of complimentary ancillary services

Growth Drivers

  • Our key growth drivers are:

Utilise Idle Assets

  • Substantial idle capacity in existing exploration fleet
  • Revenue opportunity circa $90 million

West Africa Expansion

  • West Africa region has the largest concentration of exploration activity in Africa at 45%
  • Infrastructure and increased rig count in region to capitalise on opportunities

New Mine Site Contracts

  • Competitive advantage with our unique full service offering
  • Benefits derived from economies of scale and revenue stability

Complementary Ancillary Services

  • Broaden service offer to clients

Services

Exploration

Our agile exploration drilling teams mobilise quickly to meet your timelines. Once on site they will focus on achieving productive drilling results and importantly, on consistently hitting the target and delivering quality core samples.

Technical Services

We deliver practical solutions for your mine development and technical drilling needs. We work closely with your teams to devise a plan that provides the best possible outcome while maintaining cost-effectiveness.

We employ a practical thinking approach in evaluating and formulating our solutions, based on our extensive expertise and experience. On every project we look for opportunities to improve efficiencies and reduce costs for our clients and ensure we deliver on budget.

Safety is considered paramount in any project recommendation, regardless of location or drilling challenge.

Grade Control

We understand how critical accurate Grade Control drilling is in providing ore body definition and planning an efficient and effective mine site.

When a level is ready to commence Grade Control drilling, our teams will respond rapidly to meet the schedule. We are flexible in reacting to changes as they arise to keep production schedules on target.

Our teams undergo extensive training programs to ensure they deliver a competent drilling service. Accuracy is vital in Grade Control drilling and our crews drill the right hole in the right place, every time to avoid costly re-drills and incorrect information.

Blast Holes

Our blast hole drilling teams focus on delivery: competent crews provide accurate drill holes, eliminating expensive and time consuming re-drills and gear lost in ground; flexible capacity ensures we can adjust productivity to meet the needs of the mill; and excellent relationships with our local crews provide a stable, long-term workforce.

Our focus on productivity is matched by a focus on delivering professional drilling results: pretty walls with visible, straight barrels; and smooth pit floors avoiding costs associated with uneven roads slowing trucks or damaging chassis’ and tyres.

We work closely with all our clients, at site level through to senior management, initiating thorough communication, reporting and review processes for all projects.  We collect and analyse data to assess performance and provide continuous improvement.

We leverage our expertise and experience from our global operations to provide innovative solutions and valuable advice and insights for efficient planning and execution of production drilling programs.

And without compromise, our focus is on delivering safe drilling solutions, regardless of location.

Mauritius, Cote D'Ivoire, Egypt, Mali, Mauritania & Tanzania.

JAMIE BOYTON

Chairman

Jamie Boyton is the Chairman of the Company and was appointed as a Director in January 2009. He is responsible for overseeing the Company’s strategic and business development, which includes advising on capital market requirements and growth opportunities. He was previously an Executive Director and the Head of Asian Equity Syndication and Corporate Broking of Macquarie Securities Limited in Hong Kong. Prior to this, he was a Director of ABN AMRO Asia (Hong Kong). Jamie has a Bachelor of Commerce (Accounting and Finance) from the University of Western Australia.

 

BRIAN RUDD

Executive Director

Brian Rudd is a co-founder of the Company and an Executive Director, with a focus on business development and client relations. He was appointed as a Director in May 2005. Brian has been instrumental in the company’s successful establishment and development since its inception in 2005. Brian has over 30 years of experience in the mining industry in both Australia and Africa. Before establishing the Company, Brian was the Operations Manager and subsequently, the General Manager of Stanley Mining Services (Tanzania) Ltd, a subsidiary of Layne Christensen Company in East Africa.

DAVID ABERY

Senior Independent Non-Executive Director 

David Abery is the Senior Independent Non-Executive Director, being appointed to this role in January 2018 following the retirement of Tim Read. Prior to this, David joined the Company in October 2017 when he was appointed as an Independent Non-Executive Director and as Chairman of the Audit Committee. David has over 15 years’ experience as a Finance Director of London quoted companies, and over 20 years’ experience in senior finance and general management roles. David has extensive experience of financial, commercial and strategic matters in African and UK corporate environments at both board and operational level, as well as many years’ experience of corporate governance, regulatory and investor relations best practice. David was Finance Director of Petra Diamonds Limited (LSE Main Board Premium listed) from 2003 until he stepped down in June 2016; during his tenure Petra grew from largely a diamond exploration group to one of the world’s largest listed diamond producers. Prior to Petra, David served as Finance Director at Tradepoint Financial Networks plc (subsequently Virt-X)(AIM) and Mission Testing plc (AIM). David is currently involved in various private business ventures. David has a BA (Hons) in Finance and Accountancy and is a Chartered Accountant (ICAEW).

 

 


MICHAEL RAWLINSON

Independent Non-Executive Director

Michael joined the Board as an Independent Non-Executive Director in August 2018.  He is a former investment banker with over 20 years experience focused on the mining and metals sector.  His last full-time role was Global Co-Head of Mining and Metals at Barclays investment bank where he worked since 2013 having joined from the boutique investment bank, Liberum Capital - a business he helped found in 2007. After starting his career in the City of London at Flemings in 1991, he joined Cazenove in 1996 before leaving JP Morgan Cazenove in 2007 where he was Head of EMEA Mining and Metals. He has been both a corporate financier and research analyst covering the mining sector and has extensive capital markets experience having worked on the IPOs and follow-on offerings for a number of companies including Anglo American, Billiton, Xstrata, Glencore, Gem Diamonds as well as the Company's own IPO in 2006. He is also Senior Independent Non-Executive Director at Hochschild Mining plc and works with a number of private entities. In addition, Mr Rawlinson served as a Non-Executive Director of Talvivaara Mining Company Plc between April 2012 and November 2013.

ALEXANDER DAVIDSON

Independent Non-Executive Director

Alexander Davidson is an Independent Non-Executive Director and was appointed in May 2010. He has over 35 years’ experience in designing, implementing and managing gold and base metal exploration and acquisition programmes throughout the world. Alexander was Executive Vice President, Exploration and Corporate Development at Barrick Gold with responsibility for its international exploration programmes and corporate development activities. Prior to joining Barrick Gold, Alexander was Vice President, Exploration for Metall Mining Corporation. He was presented the 2005 A.O. Dufresne Award in April 2005 by the Canadian Institute of Mining, Metallurgy and Petroleum. In 2003, he was named the Prospector of the Year by the Prospectors and Developers Association of Canada. Alexander is a Director of a number of London and Toronto listed companies, including Yamana Gold and Americas Silver Corporation.  He received his B.Sc. and his M.Sc. in Economic Geology from McGill University.

 

 

Corporate Head Office

Capital Drilling Mauritius

The CORE Building
9th Floor
Ebene Cyber City
Mauritius

Tel:
+230 464 3250

Email:
[email protected]

Regional Offices

Capital Drilling Cote D’Ivoire Limited

Lot 104, Millionaires Property
Yamoussoukro
Cote D’Ivoire

Capital Drilling Egypt

8th Floor
52 Ahmed Fakhry
Nasr City
Cairo
Egypt

Tel:
+20 2  2354 7699

Capital Drilling Mali SARL

c/o ALT Mali SARL
Cabinet conseil sis Magnambougou
Rue 250 Face ECOMA
Mali

Capital Drilling Mauritania

80 Ilot C - Rue 26-014 KSAR Ouest
BP 4897, Nouakchott
Mauritania

Tel:
+222  4525  5757

Capital Drilling Tanzania

P.O. Box 1096
Plot No: 36/37
Mkuyuni New Industrial Area
Mwanza Tanzania

Tel:
+255  784 684 184

Investor Contacts

Company Chairman

Jamie Boyton

Email:
[email protected]

Chief Financial Officer

André Koekemoer

Tel:
+230 464 3250

Email: 
[email protected]

Investor Relations

Judy Lim

Tel:
+230 464 3250

Email:
[email protected]

Analyst

Peel Hunt LLP
Peter Mallin-Jones

Moor House, 120 London Wall
London, EC2Y 5ET

Tel:
+44 (0)20 3597 8644

Email:
[email protected]

Website:
www.peelhunt.com

Brokers (UK)

Peel Hunt LLP
Ross Allister

Moor House, 120 London Wall
London, EC2Y 5ET

Tel:
+44 20 7418 8900

Email:
[email protected]

Website:
www.peelhunt.com

Brokers (UK)

Tamesis Partners LLP 
Richard Greenfield

125 Old Broad Street
London EC2N 1 AR

Tel: 
+44 20 7389 5021

Email: 
[email protected]

Website: 
www.tamesispartners.com

Public Relations (UK)

Buchanan
Bobby Morse

107 Cheapside
London EC2V 6DN

[email protected]

Website:
www.buchanan.uk.com

Company Chairman

Jamie Boyton


Investor Relations

 

Judy Lim

Tel:
+230 464 3250

Email:
[email protected]


Analyst

Peel Hunt LLP
Peter Mallin-Jones 

 

Moor House, 120 London Wall
London, EC2Y 5ET

 

Tel:

+44 (0)20 3597 8644

Email:
[email protected]

Website:
www.peelhunt.com


Brokers (UK)

Peel Hunt LLP
Ross Allister

Moor House, 120 London Wall
London, EC2Y 5ET

 

Tel:

+44 20 7418 8900

 

Email:
[email protected]

Website:
www.peelhunt.com


Brokers (UK)

Tamesis Partners LLP
Richard Greenfield

New Liverpool House, 3rd Floor
15 Eldon St
London EC2M 7LD

Tel:
+44 20 7389 5021

Email:
[email protected]

Website:
www.tamesispartners.com


Public Relations (UK)

Buchanan
Bobby Morse

107 Cheapside,
London EC2V 6DN

Tel:
+44 20 7466 5000

Email:
[email protected]

Website:
www.buchanan.uk.com


Auditor

Deloitte & Touche

Deloitte Place, The Woodlands
20 Woodlands Drive
Woodmead, Sandton
Johannesburg, Gauteng 2052
South Africa

 

Bank

Standard Bank (Mauritius) Limited

9th Floor, Tower A, 1 Cyber City
Ebene
Mauritius

 

Capital Drilling Limited

Bermuda registered number 34477

 

Company Secretary

André Koekemoer

Tel:
+230 464 3250

Email: 
[email protected]


Corporate Office

The CORE Building
9th Floor
Ebene Cyber City
Mauritius

Tel:
+230 464 3250


Registered Office

Canon's Court
22 Victoria St
Hamilton HM12
Bermuda

 

Registrar

Computershare Investor Services (Jersey) Limited

Queensway House
Hilgrove St
St Helier
Jersey JE1 1ES
Channel Islands

Tel:
+44 (0) 370 707 1138

Email:
#[email protected]


Solicitor

Boodle Hatfield LLP

240 Blackfriars Road
London SE1 8NW

 

Click here for shareholder information.