The only way is up for bottomed-out Boart

The downturn in commodity prices has hit Boart Longyear hard, but the flattening out of the mining sector's downturn should give investors and the company some cause for cautious optimism.

Given that it had foreshadowed its first half results a fortnight ago, the Boart Longyear result contained no real surprises, other than that it still has the support of its bankers.

Boart Longyear is one of the most dramatic examples of companies side-swiped by the reaction of the big miners to the downturn in commodity prices. It has been savaged.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles