Brief: Mlg Oz Secures Strategic New Contract With Genesis Minerals

MLG Oz

11/10/2023 07:04

Oct 11 (Reuters) - Genesis Minerals Ltd  GMD.AX :
    * SECURES STRATEGIC NEW CONTRACT WITH GENESIS MINERALS
    * AWARDED A THREE-YEAR CONTRACT TO SUPPLY INTEGRATED SITE
SERVICES
AND HAULAGE WORKS FOR GENESIS MINERALS LIMITED
    * CONTRACT COMMENCING IN NOVEMBER 2023 WITH RAMP UP OF
PRODUCTION
TO TRANSITION THROUGH H2 OF FY2024 AND INTO FY2025
    * FULL YEAR REVENUES IN FY2025 EXPECTED TO BE CIRCA A$15.0M
GROWING TO CIRCA A$30.0M IN FY2026 FROM CONTRACT

Source text for Eikon:  ID:nASX5xqpNR 
Further company coverage:  GMD.AX 

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