Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Eastinco Mining & Exploration PLC - London-based Aquis-listed Musasa tantalum & tin metal project in Rwanda - Widens annual loss in 2021. Pretax loss grows to £1.4 million from £281,000 in 2020. Administrative expenses increase to £1.0 million from £308,000.
‘I remain firmly optimistic about the company's prospects going forward. We have gained very valuable processing experience over the past two years and look forward to putting this experience to good use on our new projects in southern Rwanda, where we work to evaluate and define the various targets on the licence,’ says Chair Charles Bray.
Current stock price: 1.125 pence
12-month change: down 30%
Copyright 2022 Alliance News Limited. All Rights Reserved.