Australia's Delta Drone gains on contract with South African firm

Rocketdna

17/10/2022 03:30

** Shares of Delta Drone International  DLT.AX  jump as much
as 8.3% to A$0.013, their best day since Oct 7 - if gains hold 
    ** The drone-based data service and technology solutions
provider says its unit has signed a contract with South Africa's
Anglo American Platinum's  AMSJ.J  Mogalakwena Mine  urn:newsml:reuters.com:*:nTUE4DZ6W3
    ** Says contract for providing drone surveying services for
the mine, which will include long-range data capture of pits
    ** The remaining period of contract is approximately 2
years, ending Oct. 31, 2024, and total contract value is
A$516,000 ($321,364.80) 
    ** Stock has fallen 47.8% this year, as of last close
($1 = 1.6057 Australian dollars)
 (Reporting by Archishma Iyer in Bengaluru)
 ((Archishma.Iyer@thomsonreuters.com;))