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Marula Mining PLC - Haywards Heath, England-based mining services investor - Last Friday posted a widened half-year loss on zero revenue. Pretax loss in the six months to June 30 widens to £169,000 from £112,000 a year prior. Figures are the same as administrative expenses and post-tax loss. Does not generate revenue.
Looking ahead, Chair Richard Lloyd says: ‘Marula is significantly advancing in the exploration and development of its prime mining sites with near term production and development potential across Africa, as well as identifying advanced, high-value mining projects throughout the continent to potentially acquire.’
In mid-September, firm said it will start site works at Blesberg lithium & tantalum project in South Africa.
Current stock price: 2.4 pence
12-month change: unchanged from July 5
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