It seems hardly a day goes by without someone talking up Capital Limited, formerly known as Capital Drilling, an LSE mining services firm with a market value of just £150 million.
But the fog is clearing on this one, and research shows the company, albeit after a long, hard slog, deserves more attention than it’s getting.
Accepted, mining services isn’t at the sexy end of the sector – Capital’s biggest money-spinner is simply hiring out its fleet of about 100-plus drilling rigs to customers clustered primarily in Africa.
Capital Ltd (LON:CAPD) provide complete exploration and production drilling solutions to customers within the global minerals industry, with a focus on the African markets.