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Goldplat plc

Goldplat chief says the firm is sustainably profitable

Goldplat (LON:GDP) chief executive Gerard  Kisbey-Green tells Proactive that he believes the  company’s turnaround to profitability is sustainable.

The firm moved back into profit in its latest six months as its gold recovery businesses recovered, with net profit up to £395,000, a £796,000 turnaround from the loss at the same time in 2014.

“The biggest turnaround in terms of production and profitability is in gold recovery Ghana,” he says, which is now back on a sustainable cashflow positive footing.

Quick facts: Goldplat plc

Price: £0.03

Market: AIM
Market Cap: £5.78 m
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Goldplat poor Q1 production performance shrinks against Q2 results

Goldplat plc (LON:GDP) turned in an operating loss for the six months to December 2018 of £653,000 against an operating profit of £1.6mln for the corresponding period a year earlier. CEO Gerard Kisbey-Green tells Proactive London why this has happened and what investors can expect next. News...

on 25/2/19

2 min read