Capital Limited Share Price (CAPD)

Anyone know how much of the MSALABS sand testing growth is actually baked into this current price? Feels underappreciated.

Pick and Shovel.... Surely drill bit or those contracts will take forever.

I was very impressed with the call today, they sounded very confident for the future. I like all the different departments too, it's a diversified play in a sense as well as being positioned perfectly for the gold rush

I've been buying in here. Very impressed with numbers, every metric going in right direction - yet currently priced at book value.

A classic picks & shovels stock with direct exposure to surging demand for drilling, assays and the full spectrum of services from miners/explorers. Diversified exposure to multiple jurisdictions, spanning different continents. And with those contracts with companies digging up copper, gold and nickel, very well positioned for metals super cycle underway. A glowing 99% rating on Stockopedia too.

fyi, the reko diq development is now confirmed as having been substantially slowed, with its review now delayed to mid-2027:

https://www.miningweekly.com/article/barrick-confirms-slowing-reko-diq-extends-review-2026-04-07

"barrick confirms slowing reko diq, extends review

7th april 2026

gold major barrick mining has confirmed it will slow development of the reko diq copper/gold project in ****stan and extend an ongoing review of the asset to mid-2027, citing escalating security risks in the region.

the update, issued on april 2, follows an announcement in february that the company was reassessing all aspects of the project amid rising security incidents in ****stan and the broader middle east.

barrick said that preliminary findings from the review, combined with a further deterioration in the security environment, had prompted it to adopt a more cautious approach to development.

“barrick continues to believe in the long-term value of reko diq,â€￾ the company said, adding that the extended review would allow it to fully evaluate the evolving security landscape, capital requirements, financing options, project scope and overall timeline.

the review period will now run until mid-2027, effectively extending the process by about 12 months from july 2026.

while development activity will be slowed, the project will remain under active management, albeit with reduced capital expenditure. barrick confirmed that phase 1 development has been approved on this basis.

the miner cautioned that capital costs and development timelines were likely to increase as a result of the extended review and changing operating conditions.

etc"