Australia's Ryder Capital gains on positive outlook

BCI Minerals

07/11/2023 02:48

** Shares of Australia's Ryder Capital  RYD.AX  rise as much
as 6.04% to A$0.965, marking their biggest intraday pct gain
since Oct. 26
    ** Investment co says pre-tax net tangible assets (NTA)
return +1.19% for September quarter, outperforming both Small
Ordinaries Index & Emerging Companies Index 
    ** Co remains confident in outlook for Mardie salt and
potash project in Western Australia 
    ** RYD an investor in Australia-based mineral resources
company BCI Minerals'  BCI.AX  Mardie project
    ** Expects Mardie project to finalise its funding package
this calendar year
    ** Stock down 20.5% YTD, as of last close

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com;))