Caledonia today announces its Q1 results for 2018, which are in line with our already improved expectations for the Blanket mine in Zimbabwe. Headline numbers are an EPS of 40c and an increase in cash to $US13.4m (despite spending $US5.2m on the expansion/deepening project). The mine continues to perform and Caledonia are making progress on the development underground. The political climate in Zimbabwe over the quarter seems to be steady and improving – new legislation has seen changes to the in ....
14 May 2018
Q1 Update – in line with our already increased expectations
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Q1 Update – in line with our already increased expectations
Caledonia Mining Corporation PLC (CMCL:LON) | 850 -42.5 (-0.6%) | Mkt Cap: 163.2m
- Published:
14 May 2018 -
Author:
Paul Smith -
Pages:
4
Caledonia today announces its Q1 results for 2018, which are in line with our already improved expectations for the Blanket mine in Zimbabwe. Headline numbers are an EPS of 40c and an increase in cash to $US13.4m (despite spending $US5.2m on the expansion/deepening project). The mine continues to perform and Caledonia are making progress on the development underground. The political climate in Zimbabwe over the quarter seems to be steady and improving – new legislation has seen changes to the in ....