Goldplat today announces a trading update for the quarter and for the year as a whole with gold production overall 17% down for the year at 35.4koz gold (FY 2017, 42.8koz, WHI18e 44.0koz) with 39.4koz gold sold during the year. Despite this the company says PBT is in line with expectations on ounces sold and a higher profit margin per ounce. Despite the lower production, we feel that progress has been made on several fronts leaving the company well placed for FY2019.

30 Jul 2018
Trading and operational update

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Trading and operational update
Goldplat plc (GDP:LON) | 6.2 0 0.0% | Mkt Cap: 10.7m
- Published:
30 Jul 2018 -
Author:
Paul Smith -
Pages:
4 -
Goldplat today announces a trading update for the quarter and for the year as a whole with gold production overall 17% down for the year at 35.4koz gold (FY 2017, 42.8koz, WHI18e 44.0koz) with 39.4koz gold sold during the year. Despite this the company says PBT is in line with expectations on ounces sold and a higher profit margin per ounce. Despite the lower production, we feel that progress has been made on several fronts leaving the company well placed for FY2019.