If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksKatoro Gold Share News (KAT)

Share Price Information for Katoro Gold (KAT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.10
Bid: 0.09
Ask: 0.11
Change: 0.02 (25.00%)
Spread: 0.02 (22.222%)
Open: 0.08
High: 0.10
Low: 0.08
Prev. Close: 0.08
KAT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Hardide confirms annual revenue guidance

Thu, 22nd Dec 2022 14:26

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

----------

Katoro Gold PLC - London-based precious minerals explorer & developer - Says it is finalising the appointment of a new nominated adviser. However, should this not happen by January 11, its shares will be suspended from trading on AIM on that day. If within one month a new nomad is not appointed, the listing will be cancelled. Katoro also says it needs to raise funds to progress its interests and for working capital. Katoro notes that further development is required to move along the TNMM iron ore project in Namibia.

----------

Deltex Medical Group PLC - Chichester-based cardiac monitoring system maker - Expects revenue to to be ahead of 2021 figures. Says it has a "large advanced opportunity in the pipeline which if successful, could provide a further boost to revenue in the short term". Says it has made progress towards completing its innovative, next generation TrueVue monitor. "The business has been tightly managed and therefore operating costs are lower than originally anticipated. However, in order to help fund the increased cash requirements associated with the unexpected delay in the launch of the New Monitor, Nigel Keen, the company's chair, has agreed to provide further cash support to Deltex Medical, on arm's length commercial terms," the company says. Accordingly, says the board enters into a deal with Imperialise Ltd for a loan of GBP25,000 by way of extension to the existing GBP500,000 standby loan facility.

----------

Hardide PLC - Oxfordshire-based advanced surface coating technology developer - Confirms annual revenue guidance for the financial year that ended on September 30 of about GBP5.0 million, an increase of almost 40% on 2021. Expects to report a loss before interest, tax, depreciation and amortisation of GBP900,000, narrowed from GBP1.5 million the year before. Says it is "better than the previous year in line with the board's expectations and reflecting the improved revenue performance". Revenue growth has continued in the new financial year. Additionally, says it has raised GBP500,000 in net cash proceeds from the purchase, sale and leaseback of its Martinsville facility in the US. Accordingly, it has entered into a new 10 year lease for the site.

----------

Mercantile Ports & Logistics Ltd - Indian port and logistics facility developer and operator - Expects to meet revenue forecasts for financial 2022. Says its facility at Karanja has handled about 1.2 million tonnes of various bulk commodities and the company sees "strong momentum going into the next financial year". Says it has all the requisite infrastructure and permissions in place to handle container movement and it expects to commence handling of containers in 2023, which will be an additional revenue stream.

----------

Circle Property PLC - UK-focused regional office investment & development company - Sells 36 Great Charles Street to Posthandle Ltd for GBP3.7 million. Sale price represents a 30% decrease from valuation of GBP5.2 million on March 31. Expects completion in mid-January next year. Also sells 710 Aztec West to Harwood Business Parks Investment Ltd for GBP2.3 million. Sale price represents a 11% decrease on valuation of £2.6 million on the same date.

----------

Avation PLC - Singapore-based passenger aircraft leasing firm - Completes sale of two ATR72-600 aircraft to an airline related customer, for an undisclosed sum. These aircraft were previously leased to Loganair, the progress of which transaction has been announced during the course of this year.

----------

By Xindi Wei, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2022 Alliance News Ltd. All Rights Reserved.

More News
30 Sep 2019 11:24

Katoro Gold extends due date for Imweru disposal to end of October

(Sharecast News) - Tanzania-focussed exploration and development company Katoro Gold updated the market on the proposed disposal of its Imweru gold project to Lake Victoria Gold for a total staged cash consideration of up to $1m and a 1.5% net smelter royalty on Monday, which it initially announced on 22 August.

Read more
13 Sep 2019 09:38

Katoro Gold Interim Loss Widens; Prepares For Drilling At Haneti

(Alliance News) - Katoro Gold PLC on Friday said it is making progress on the development of Haneti nickel project in Tanzania, after reporting a widened loss for the first half of 2019.The

Read more
22 Aug 2019 15:36

Katoro Gold agrees term sheet for disposal of Reef Miners

(Sharecast News) - Tanzania-focussed gold and nickel exploration and development company Katoro Gold has agreed a term sheet with Lake Victoria Gold, it announced on Thursday, covering the disposal of its wholly-owned subsidiary Reef Miners, which owns the Imweru gold project and the Lubando gold project in northern Tanzania.

Read more
22 Aug 2019 11:57

Katoro Gold Agrees Tanzania Gold Project Sales In Battery Metals Push

(Alliance News) - Katoro Gold PLC said Thursday it agreed a USD1.0 million sale of its gold projects in Tanzania to Lake Victoria Gold Ltd as part of its increasing focus on battery has agreed the

Read more
29 Jul 2019 12:25

Katoro Gold Looking For Partners To Develop Tanzania Projects

(Alliance News) - Katoro Gold PLC on Monday said it has received interest from other parties for either the purchase of all or part of two projects in Tanzania.Katoro has recently completed

Read more
26 Jun 2019 13:52

Katoro Gold And Power Metal Confirm Drill Targets For Haneti, Tanzania

(Alliance News) - Katoro Gold PLC on Wednesday confirmed drill targets for it 75%-owned Hantei nickel project in Tanzania.Katoro said the project could host a chonolith nickel sulphide A is

Read more
22 May 2019 14:58

Katoro Gold Annual Loss Narrows Amid Reduced Exploration Costs

LONDON (Alliance News) - Katoro Gold PLC on Wednesday reported a significantly narrowed full-year loss on lower exploration costs and non-recurring expenses of its initial public reported a pretax

Read more
20 May 2019 14:13

Katoro Gold Identifies New Exploration Target At Haneti Nickel Project

LONDON (Alliance News) - Katoro Gold PLC on Monday said it identified a new, previously unknown, exploration target at its Haneti Nickel project in Tanzania.Katoro Gold shares jumped news a

Read more
15 May 2019 17:42

African Battery Acquires Additional Stake In Katoro Gold

LONDON (Alliance News) - African Battery Metals PLC has exercised its option to acquire an additional interest in Katoro Gold PLC and thereby obtained a 25% interest in the Haneti Nickel Project a

Read more
15 Mar 2019 13:32

African Battery Metals To Buy 25% Stake In Katoro Haneti Project

LONDON (Alliance News) - African Battery Metals PLC on Friday said it agreed to buy an interest in and Katoro Gold PLC together with up to 35% stake in Katoro's Haneti nickel project in Metals

Read more
30 Jan 2019 15:24

Katoro Gold identifies high-priority targets at Haneti Nickel Project

(Sharecast News) - Tanzania-focussed exploration and development company Katoro Gold updated the market on its Haneti Nickel Project on Wednesday, reporting that its review and analysis of all historic work undertaken on the area was now complete.

Read more
30 Jan 2019 11:44

Katoro Gold Starts Work Programme On Haneti Nickel Project

LONDON (Alliance News) - Tanzania-focused exploration company Katoro Gold PLC said on Wednesday it has started a new work programme over the Haneti nickel project, following the analysis of all on

Read more
26 Nov 2018 16:15

Kibo Energy Sells Haneti Nickel To Katoro Gold For GBP200,000 (ALLISS)

LONDON (Alliance News) - Africa-focused energy company Kibo Energy PLC said on Monday it has sold subsidiary Kibo Nickel Ltd to London-listed Katoro Gold PLC for GBP200,000 in Katoro will issue at

Read more
11 Sep 2018 13:54

Katoro Gold Loss Narrows Sharply As Progresses On Imweru Project

LONDON (Alliance News) - Katoro Gold PLC on Tuesday said loss narrowed significantly in the first half of 2018, as it prepares to buy Kibo Nickel Ltd from its majority shareholder.The said

Read more
24 May 2018 12:34

Katoro Gold Shares Double As Further Potential Seen In Imweru Project

LONDON (Alliance News) - Shares more than doubled in Katoro Gold PLC on Thursday as it said it identified further potential in the exploration and development potential of the Inweru Gold Project

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.