focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBotswana Diam Share News (BOD)

Share Price Information for Botswana Diam (BOD)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.325
Bid: 0.30
Ask: 0.35
Change: 0.00 (0.00%)
Spread: 0.05 (16.667%)
Open: 0.325
High: 0.325
Low: 0.325
Prev. Close: 0.325
BOD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

CORRECT: Mobile Streams loss narrows to GBP289,000

Mon, 25th Mar 2024 20:43

(Correcting that Mobile Streams narrowed its loss.)

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Monday and not separately reported by Alliance News:

----------

Mobile Streams PLC - London-based mobile content provider - Revenue for the six months to December 31 falls to GBP169,000 from GBP1.1 million the prior year. Company narrows pretax loss to GBP289,000 from a GBP1.2 million loss. Says revenue reduction was in line with expectations, following the completion with its partnership with International Gaming Systems on June 30. Company noted in its annual report in late December that its strategic partnership with IGS, announced in January 2022, drove a significant part of revenue growth in the year to June 30. Says it is now "well positioned as a business", with "a strong suite of proprietary technology platforms and investments", and remains on track to reach operational profitability this year on a monthly basis.

----------

Golden Prospect Precious Metals Ltd - closed-end investor focused on gold and precious metals companies - Pretax loss narrows for 2023 to GBP1.4 million from GBP12.7 million. Net loss narrows to GBP468,090 from GBP11.7 million, as net capital losses on investments held at fair value narrow to GBP580,095 from GBP11.8 million. Investment manager says 2023 "was a particularly volatile [year] for precious metals", mainly due to "continued central bank buying" and "deteriorating geopolitics". Adds however that if interest rate cuts proceed as expected, "this should provide a supportive tailwind for precious metals".

----------

Central Asia Metals PLC - copper, zinc and lead explorer operating in Kazakhstan and North Macedonia - Declares a final dividend of 9 pence per share for 2023, down from 10p the prior year. This brings the full-year dividend to 18p, down from 20p the prior year. Earnings before interest, tax, depreciation, and amortisation fall to USD96.5 million from USD131.6 million, with the margin narrowing to 47% from 57%. Net revenue falls to USD195.3 million from USD220.9 million. Copper production falls to 13,816 tonnes from 14,254 tonnes, zinc in concentrate production falls to 20,338 from 21,473 tonnes, and lead in concentrate production falls to 27,794 from 27,354 tonnes. Company expects 2024 copper production between 13,000 and 14,000 tonnes, with zinc in concentrate between 19,000 and 21,000 tonnes, and lead in concentrate between 27,000 and 29,000 tonnes. Chief Executive Officer Nigel Robinson says company delivered "a solid performance" and "met our production guidance...despite a challenging economic environment with metal prices deteriorating".

Company also announces a conditional investment of GBP3 million in Aberdeen Minerals Ltd, in exchange for a 28.7% shareholding in the nickel, copper and cobalt exploration company which is currently targeting the Arthrath Project and nearby areas in Aberdeenshire, northeast Scotland, and has already reported scalable mineralisation there. Company says its investment will fund various drilling and other testing at Arthrath. Its investment comprises a subscription for 35.3 million shares at 8.5p each. It also will receive warrants to invest a further GBP2 million at 11p each, which would increase its interest to 37.8%.

----------

Botswana Diamonds PLC - Botswana and South Africa-focused diamond explorer - Reports revenue of GBP24,000 for the half year to December 31, having generated no revenue the prior year. Pretax loss for the period narrows to GBP251,000 from GBP330,000. Company also reports operational progress despite the "turbulent times", including positive progress on mining permits at Thorny River and the granting of a prospecting licence over properties in Eswatini. Chair John Teeling says: "While the diamond market was depressed throughout 2023, it is important to recognise that it is the long term trend which is important for the diamond industry, and particularly for explorers. Meanwhile 2024 has started in more positive fashion with diamond sales taking place and a semblance of stability after a difficult last year." Adds that "the long-term outlook for diamonds remains strong".

----------

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
25 Oct 2016 10:25

Botswana Diamonds Finds Diamond And Kimberlite At Orapa Site

Read more
20 Oct 2016 12:29

Botswana Diamonds starts drilling at Kalahari Desert mine

(ShareCast News) - AIM-listed explorer Botswana Diamonds has started a drill programme at its mine in the Kalahari Desert and is "cautiously optimistic" of finding kimberlites. The company has started a first phase four dole drill programme on the PL135 licence in the Gope region of the Kalahari

Read more
20 Oct 2016 09:07

Botswana Diamonds Begins Drilling In Gope Region Of Kalahari Desert

Read more
18 Oct 2016 15:30

Botswana Diamonds begins drilllling on kimberlite licence

(ShareCast News) - Shares in AIM-listed miner Botswana Diamonds fell more than 12% on Tuesday, as the company announced that drilling has started on the kimberlite pipe. The miner has started to drill on the the kimberlite pipe AK22 on its PL260 licence in the Orpa area of Botswana, part of a joint

Read more
18 Oct 2016 08:53

Botswana Diamonds Starts Drilling On Orapa Licence With Gope To Follow

Read more
9 Sep 2016 13:21

Botswana Diamonds updates on its exploration campaign

(ShareCast News) - Botswana Diamonds updated the market on its ongoing diamond exploration campaign in Botswana on Friday. The AIM-traded firm said the campaign is part of the 50/50 joint venture between Botswana Diamonds and Alrosa, the world's leading diamond producer. It said next stage explorat

Read more
15 Jun 2016 16:43

Botswana Diamonds Issues Shares Following Warrant Conversion (ALLISS)

Read more
9 May 2016 12:53

Botswana Diamonds to carry out more drilling on Gope licence

(ShareCast News) - Botswana Diamonds said on Monday that it will shortly begin a large diameter drilling (LDD) programme on one of its licenses in the Gope region to establish the grade and quality of diamonds it knows to be present. The AIM-listed company has a 15% stake in Maibwe Diamonds, which o

Read more
9 May 2016 11:33

Botswana Diamonds Soars On Plans To Conduct More Drilling In Gope

Read more
6 May 2016 06:59

Botswana Diamonds Raises GBP500,000 To Back Exploration Work (ALLISS)

Read more
21 Apr 2016 10:18

Botswana Diamonds Says Work Ongoing On Orapa, Gope Projects

Read more
6 Apr 2016 11:32

Botswana Diamonds begins 2016 drill programme

(ShareCast News) - The board of AIM-traded Botswana Diamonds confirmed on Wednesday that its 2016 drill programme had begun. It said the first large diameter reverse circulation hole on kimberlite AK21 on PL 260 in Orapa started on Tuesday, targeting a depth of 300 metres. The first of three narrow

Read more
6 Apr 2016 10:15

Botswana Diamonds 2016 Drill Programme Commences

Read more
24 Mar 2016 08:13

Botswana Diamonds First Half Loss Flat As Exploration Continues

Read more
23 Mar 2016 09:10

Botswana Diamonds Partner Begins Exploring Orapa And Gope Regions

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.