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Added 3 years ago

New YouTube interview of IMDEX CEO Paul House by Dominic Rose from Roger Montgomery's fund.

IMDEX (ASX:IMD) delivered a very strong set of results for FY21 which materially beat expectations and led to good broker forecast upgrades. The key points from the update include revenue growth of 11 per cent and EBITDA was up 39 per cent. IMDEX is seeing very strong activity in Canada, the US and Australia in particular with resource companies allocating increasing budgets and having a very strong commitment to exploration spending. IMDEX’s CEO Paul House joined Dominic Rose to discuss the company’s focus on digital transformation, the recent acquisition of MinePortal software and the outlook for the business going forward. The trend towards decarbonisation and the growth and demand for battery metals Copper, Cobalt, Nickel and Lithium mean that in areas like copper we are going to consume more Copper in the next 12 years than we have in the last 100 years. And the sheer need to prove up supply through exploration drilling and bringing those mines into production just to meet that demand and meet what we think is a irreversible trend paint a very positive picture in terms of that longer cycle. – Paul House, IMDEX CEO The Montgomery Small Companies Fund owns shares in IMDEX.