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Capital Limited (CAPFF) Shareholder/Analyst Call Transcript
2026-05-22 · via All Articles on Seeking Alpha

Operator

Good morning. Welcome to the Capital Limited Annual General Meeting. For I'd like to hand over to Chair, Jamie Boy. Good morning.

Jamie Boyton
Executive Chairman

Good morning. Thank you very much, and welcome, everyone, to Capital Limited's Annual General Meeting. I'd like to introduce some of the Board and senior executives that are joining me on today's call. In London, we have on the screen from assuming they're on the screen actually from left to right, Graeme Dacomb, who's the Chair of our Audit Committee; Catherine Athor -- sorry, Rick Robson,our Group CFO; and Catherine Apthorpe, our Company Secretary. Joining us on the line from Denver at 3:00 a.m.

Thank you very much, is Cassie Boggs, the Chair of our Sustainability Committee. And we've got Ryan Tennis on the line from Perth. He's the Head of IR. And just to round out the disparate locations, I'm dialing in today from Hong Kong, but welcome, everyone, to the Annual General Meeting. As per previous years, we'll do a quick introduction slide deck before handing over for the resolutions and then through to Q&A. Just by way of introduction for those on the call that aren't familiar with Capital reintroduction, we are an integrated services provider to exploration and mining companies across Africa, the Middle East and North America.

We run 3 distinct operating businesses, specifically Capital Drilling, Capital Mining and MSALABS, which very broadly have a revenue split of about 60% Capital Drilling, 20% Capital Mining and 20% MSALABS. Capital Drilling runs a fleet in the mid-130s of rigs, the largest drilling rig fleet in Africa and the Middle East with some operations in the