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Last edited 3 years ago
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-6.1% pa
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#Moats
stale
Added 3 years ago

I quite like this company for the same reasons Maaxwell has previously stated. One concern is their significant concentration in the Pilbara. However, What I can't workout is whether or not they have a sustainable competitive advantage. I know its a fairly niche service,  but what's stopping the big mining companies from setting up their own inhouse hydro drilling service, or another mob setting up?