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Price: Market Cap.: (Ā£m)

Mincon Group PLC is a global manufacturer of high-performance rock drilling tools and associated consumables. Listed on AIM, the company specialises in Down-The-Hole (DTH) technology, serving a diverse array of sectors including mining, quarrying, construction, waterwell drilling, and geothermal energy.

With a vertically integrated operational model, Mincon designs, manufactures, and distributes its extensive product range worldwide, emphasising quality, durability, and innovation. Its tools are engineered for efficiency in challenging hard rock conditions, making it a key supplier to the global drilling industry. The company maintains a strong focus on research and development to enhance product performance and reduce operational costs for its clients.

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(@mrmultibagger)
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Chat about MINCON GROUP


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Posts: 1675
Topic starter
(@mrmultibagger)
Member
Joined: 3 years ago

MINCON GROUP (MCON) – What's your take on this global engineering company? Recent updates highlighted strong DTH sales in mining and infrastructure. Are the FY23 profit figures a concern, or are you optimistic about their current trading being 'in line with expectations'? What are your thoughts on their growth strategy and the impact of recent acquisitions? Bullish or bearish?


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