Byron Beath

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Last quote by Byron Beath

Throughout the recent mining downturn, there has been significant underinvestment in the capacity of the Australian drilling services industry due to low demand, competitive pricing and numerous insolvencies. During this period, DDH1 has continued to invest in its capacity and has consolidated its market-leading position in its targeted service. Oaktree's investment will further enable DDH1 to grow to meet the demand from its customers.feedback
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Jul 17 2017
Byron Beath has most recently been quoted in an article called Oaktree takes stake in Australian driller DDH1 | Reuters. Byron Beath said, “Throughout the recent mining downturn, there has been significant underinvestment in the capacity of the Australian drilling services industry due to low demand, competitive pricing and numerous insolvencies. During this period, DDH1 has continued to invest in its capacity and has consolidated its market-leading position in its targeted service. Oaktree's investment will further enable DDH1 to grow to meet the demand from its customers.”.
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