5th Mar 2021 13:59
Goldplat PLC - AIM-listed Africa-focused gold producer - Posts a GBP2.1 million profit for the six months ended December 31, up 11% from GBP1.9 million the year before as revenue rises 6.8% to GBP12.6 million from GBP11.8 million, including a 91% increase in Ghana revenue to GBP4.4 million from GBP2.3 million. However, South Africa revenue drops 13% to GP8.2 million. On track to complete sale of Kilimapesa gold mine by Mayflower Gold Investments Ltd by March 31.
Chair Matthew Robinson says: "The company's production has remained satisfactory, to date, during the second half. The profitability for remainder of the period will however remain dependent on sourcing of quality material and the gold price."
Current stock price: 6.95 pence; down 3.5% on Friday
Year-to-date change: down 14%
By Anna Farley; [email protected]
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