View
Page
Northland's note frm research tree: "LBT increased to £1,052k in H116 from £659k in H115, due to an increase in administrative costs and finance costs associated with the transition from a development company to a mining company. Net debt increased to £2,235k in H116 from £261k in H115. Post-period end completed £1,250,000 equity placing. Keras Resources interim result reflects the Company’s transition from developer to miner. The Company began to haul ore to the Paddington Mill in early-April, after the period covered by the interim results, and as a result, no revenues were received in these results. The next set of results from Keras will reflect that the Company has moved into generating cash flow."
Latest from the Community...
Latest from the Community...
Latest from the Community...
