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MDI down 2.29% to R1661 today, but drilling services remain critical to our mining infrastructure renewal. If government actually accelerates those concession projects we keep hearing about, this sector gets a proper tailwind rather than just existing on commodity cycles.
Master Drilling GRP LTD -2.3% today to R1661.00. Who's buying this move and who's selling?
Fundamentals on Master Drilling Group (MDI) still intact. The macro noise is creating an opportunity.
MDI up nearly 6% today but still trading below R1800 resistance. Need to see if this drill services bounce holds or if it's just relief on softer rand.
MDI up 5.94% to R1749 today—someone's betting on drilling recovery. Question is whether this sticks or just relief bounce.
MDI up 5.94% to R1749 today while most industrials are flatlined. Wondering if this is just catch-up or if they've finally got traction on those offshore contracts.
MDI at R1749 up nearly 6% today is catching some momentum, but I'm waiting to see if this holds above R1750 before getting excited about a sustained recovery. The drilling services space is cyclical as they come, and unless we're seeing real contract wins coming through, today's
MDI breaking through R1671 on a 1.21% pop - finally seeing some momentum in the drilling services space after months of treading water.