A disappointing quarter from South Africa which has usually been a very steady operation for Goldplat. We expect the problems in the quarter not to be a regular occurrence, given the long history of profits, but we reduce our FY expectations from a Gross Profit of £9.5m to £7.5m reducing our eps from 2.0p/sh to 1.0p/sh, which still leaves £1.5m in cash by year end. We will look to update our numbers when we have more clarity on the timing of the re-processing of the TSF and any update on the c ....

08 Feb 2024
Goldplat plc (GDP) – Q2 results. Good and bad

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Goldplat plc (GDP) – Q2 results. Good and bad
Goldplat plc (GDP:LON) | 9.2 0 0.0% | Mkt Cap: 15.8m
- Published:
08 Feb 2024 -
Author:
Paul Smith | David Seers -
Pages:
5 -
A disappointing quarter from South Africa which has usually been a very steady operation for Goldplat. We expect the problems in the quarter not to be a regular occurrence, given the long history of profits, but we reduce our FY expectations from a Gross Profit of £9.5m to £7.5m reducing our eps from 2.0p/sh to 1.0p/sh, which still leaves £1.5m in cash by year end. We will look to update our numbers when we have more clarity on the timing of the re-processing of the TSF and any update on the c ....