Goldplat produces gold (plus minor silver and Platinum Group Metals) from byproducts of mining and plant clean-up. Goldplat has had a challenging first half (especially challenging in Q1) which led to a reduction in production in both South Africa and Ghana and resulted in an operating loss of £0.6m (Dec 17 H1 profit of £1.6m) with gold equivalent production down to 15.8koz (20.3koz). The key challenge is in sourcing gold-bearing material for the plants and remains a key focus for management. We ....
25 Feb 2019
Morning Comment
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Morning Comment
Goldplat plc (GDP:LON) | 7.6 0 (-1.9%) | Mkt Cap: 12.8m
- Published:
25 Feb 2019 -
Author:
Paul Smith -
Pages:
4
Goldplat produces gold (plus minor silver and Platinum Group Metals) from byproducts of mining and plant clean-up. Goldplat has had a challenging first half (especially challenging in Q1) which led to a reduction in production in both South Africa and Ghana and resulted in an operating loss of £0.6m (Dec 17 H1 profit of £1.6m) with gold equivalent production down to 15.8koz (20.3koz). The key challenge is in sourcing gold-bearing material for the plants and remains a key focus for management. We ....