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GDP - Goldplat News Story

2.6p 0.0  0.0%

Last Trade - 2:23pm

Sector
Basic Materials
Size
Micro Cap
Market Cap £4.35m
Enterprise Value £6.43m
Revenue £24.8m
Position in Universe 1666th / 1843

BRIEF-Goldplat's Kilimapesa Gold Operations Have Been Put On Care And Maintenance

Fri 31st May, 2019 7:26am
May 31 (Reuters) - Goldplat PLC  GLDP.L :
    * GOLDPLAT PLC -  KILIMAPESA GOLD OPERATIONS HAVE BEEN PUT
ON CARE
AND MAINTENANCE
    * GOLDPLAT - CONTINUE TO ENGAGE WITH STAKEHOLDERS OF KPG
INCLUDING
LARGE CREDITORS & EMPLOYEES WHILST SEEKING EXTERNAL FUNDING TO
DEVELOP OPERATIONS
    * GOLDPLAT PLC - RECEIVED SUBSTANTIAL SUPPORT FROM A NUMBER
OF
ENGAGED STAKEHOLDERS, WHO COMMITTED TO NOT DEMAND PAYMENT FROM
KPG IN NEXT SIX MONTHS
    * GOLDPLAT - ENGAGED WITH KENYAN REVENUE AUTHORITY TO
DISCUSS
PAYMENT OF VALUE ADDED TAX CLAIMS WITH CUMULATIVE VALUE IN
EXCESS OF A GBP1 MILLION
    * GOLDPLAT PLC - KENYAN REVENUE AUTHORITY ACKNOWLEDGES
VALIDITY OF
A MATERIAL PART OF CLAIM NO REPAYMENTS HAVE BEEN MADE TO DATE
    * GOLDPLAT PLC - EXPECTED THAT KPG WILL BE RE-CLASSIFIED AS
AN
ASSET HELD FOR SALE IN CONSOLIDATED RESULTS FOR YEAR ENDED 30
JUNE 2019
    * GOLDPLAT PLC - PERFORMANCE OF COMPANY'S GOLD RECOVERY
OPERATIONS
AT GOLDPLAT RECOVERY (PTY) LIMITED REMAINS STRONG
    * GOLDPLAT - SEES LOSS FROM OPERATING ACTIVITIES FOR FULL
YEAR,
APPROXIMATELY IN LINE WITH LOSS INCURRED FOR HALF-YEAR ENDED 31
DECEMBER 2018

Source text for Eikon:  ID:nGNE2b234T 
Further company coverage:  GLDP.L 

 ((Reuters.Briefs@thomsonreuters.com;))
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