IN BRIEF: First Tin annual loss widens as expenses increase
First Tin PLC - tin development company with advanced, low capex projects in Germany and Australia - Pretax loss widens to GBP3.2 million for 2022 from GBP1.2 million in 2021, as operating loss widens to GBP3.2 million from GBP1.3 million. Says the widened loss reflects a "ramp up in operational activities". Administrative expenses increase to GBP3.2 million from GBP1.3 million a year earlier. Looking ahead, expects a surge in demand for tin in the next decade and expects higher prices to emerge in future periods. Read More