Caledonia today updates us with its Q3 and nine months 2018 financial results from the Blanket mine in Zimbabwe – in which it now has a legally binding sale agreement to take ownership to 64% (subject to final government agency approvals). We have already adjusted our production outlook to reflect the changes announced by Caledonia, so leave our production and EPS forecast unchanged, which are supported by the financial results reported today. Caledonia is weathering the economic challenges in Z ....
14 Nov 2018
Q3 2018 Results
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Q3 2018 Results
Caledonia Mining Corporation PLC (CMCL:LON) | 820 -41 (-0.6%) | Mkt Cap: 157.4m
- Published:
14 Nov 2018 -
Author:
Paul Smith -
Pages:
4
Caledonia today updates us with its Q3 and nine months 2018 financial results from the Blanket mine in Zimbabwe – in which it now has a legally binding sale agreement to take ownership to 64% (subject to final government agency approvals). We have already adjusted our production outlook to reflect the changes announced by Caledonia, so leave our production and EPS forecast unchanged, which are supported by the financial results reported today. Caledonia is weathering the economic challenges in Z ....