The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSavannah Resources Share News (SAV)

Share Price Information for Savannah Resources (SAV)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 3.40
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.20 (5.882%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 3.40
SAV Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK EARNINGS SUMMARY: Gama Aviation Interim Loss Widens As Revenue Down

Wed, 30th Sep 2020 21:13

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

----------

Gama Aviation PLC - Farnborough, Surrey-based aviation service provider - For the first half of 2020, pretax loss widens to USD4.2 million from USD2.0 million the year before, as revenue declines to USD109.2 million from USD121.8 million, as a result of the pandemic's effect on the aviation sector. Looking ahead, third quarter trading to September was stable, in line with management expectations.

----------

Sensyne Health PLC - clinical artificial intelligence technology company with headquarters in Oxford - For the year to the end of April, pretax loss widened to GBP22.6 million from GBP19.0 million, despite revenue rising sharply to GBP2.1 million from GBP136,000, through pharmaceutical R&D contracts.

----------

Block Energy PLC - exploration and production in Georgia - For the first half of 2020, pretax loss has remained flat at USD2.7 million, on generation of revenue to USD313,000 through sales of crude oil from its West Rustavi, Norio and Satskhenisi licences. Looking ahead, expects gas sales to start in fourth quarter of 2020 from West Rustavi.

----------

W Resources PLC - a tungsten, tin and gold mining and exploration company - For the first half of 2020, pretax loss widens to EUR1.7 million from EUR1.0 million on rising operating costs, in spite of revenue nearly rising fivefold to EUR1.0 million from EUR293,000. La Parrilla production comes up to 106.5 tonnes of tungsten concentrate and 64.5 tonnes of tin concentrate.

----------

M&C Saatchi PLC - London-based advertising firm - For 2019, pretax loss widens to GBP8.6 million from GBP6.3 million, on revenue that grew by 2.4% to GBP256.4 million from GBP250.3 million, on strong growth in the UK and Middle East & Africa more than offsetting a decline in Europe and flat performance in Asia & Australia.

----------

Tower Resources PLC - Africa-focused oil & gas company - For the first half of 2020, pretax loss narrowed to USD457,687 from USD1.6 million year before on sharply lower costs, despite no revenue being generated. During period, has extended initial period of the exploration phase of the Thali PSC, offshore Cameroon by one year.

----------

Prairie Mining Ltd - Poland-focused coal development firm - For the year to the end of June, pretax loss narrows to USD3.3 million from USD3.6 million on fall in exploration and evaluation expenses, on revenue that dropped to USD456,726 from USD557,330.

----------

daVictus PLC - Asia-focused food & beverage sector investor - For the first half of 2020, pretax loss narrowed to GBP116,576 from GBP127,453 the year before, on the generation of GBP3,333 in revenue from a franchisee in Kuala Lumpur, Malaysia.

----------

Vertu Capital Ltd - acquisition vehicle - For the first half of 2020, pretax loss narrowed to GBP52,536 from GBP65,520 the year before. During period, could not explore any acquisition opportunities due to adverse economic conditions.

----------

Xtract Resources PLC - miner with projects in Mozambique and Zambia - For the first half of 2020, pretax loss narrows to GBP187,000 from GBP320,000 the year before on lower administrative costs, as revenue from gold sales decline to GBP613,000 from GBP807,000. Total alluvial mining contractor gold production came dropped to 1,033 ounces from 2,138 ounces the prior year.

----------

European Metals Holdings Ltd - Australian mineral exploration & development company - For the year to the end of June, pretax loss widens to AUD4.6 million from AUD3.0 million the year before on higher costs, despite revenue rising to AUD183,835 from AUD1,461.

----------

MobilityOne Ltd - e-commerce infrastructure payment solutions and platform provider - For 2019, pretax profit rose sharply to GBP1.1 million from GBP67,491 the ear before, on revenue that grew to GBP169.4 million from GBP125.5 million.

----------

Secure Property Development & Investment PLC - County Durham, England-based eastern Europe focused property investor - As at December 31, net asset value per share falls by 18% to EUR0.23 from EUR0.28 in 2018. For 2019 as a whole, pretax loss widens to EUR2.3 million from EUR1.7 million the year before, on net operating income that dropped to EUR457.5 million from EUR651.1 million.

----------

Bezant Resources PLC - copper-gold explorer - For 2019, pretax loss widens to GBP1.1 million from GBP846,000, following a higher impairment charge relating to the Mankayan Copper-Gold project in the Philippines.

----------

Savannah Resources PLC - energy metals - For first half of 2020, pretax profit swings to USD1.2 million from loss of USD3.0 million, on the generation of USD91.7 million in revenue from gas and liquids sales from Nigerian assets.

----------

Orient Telecoms PLC - telecommunication services provider - For the year to the end of March, pretax loss narrows to GBP13,915 from GBP212,980 the year before, on revenue that nearly tripled to GBP600,596 from GBP218,822 on high demand for cloud-based services.

----------

Thor Mining PLC - vanadium and gold miner in US and Australia - For the year to the end of March, pretax loss widens to GBP922,000 from GBP735,000 the year before as expenses rise.

----------

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
15 Apr 2024 11:49

EARNINGS: Mobeus VCT has good 2023; Itaconix, Engage XR narrow losses

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

Read more
9 Apr 2024 16:04

TRADING UPDATES: Beowulf consolidates Vardar; GIF outpaces benchmark

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

Read more
12 Mar 2024 14:21

Savannah Resources upbeat about drilling results from Pinheiro deposit

(Alliance News) - Savannah Resources PLC on Tuesday reported results from drilling at the Pinheiro deposit in its Barroso lithium project in northern Portugal.

Read more
12 Mar 2024 11:12

AIM WINNERS & LOSERS: Savannah progresses but Portugal politics mired

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

Read more
4 Mar 2024 19:06

TRADING UPDATES: StreaksAI CEO Blows resigns, replaced by chair

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

Read more
26 Feb 2024 20:17

TRADING UPDATES: Begbies trading in line; Probiotix inks partnership

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

Read more
8 Feb 2024 21:25

TRADING UPDATES: Nexxen expands partnership; Geiger considers listing

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

Read more
30 Jan 2024 13:49

Savannah Resources reassured by legal review as Barroso advances

(Alliance News) - Savannah Resources PLC on Tuesday reported continued progress on key workstreams, and "confidently" reaffirmed its legal position in response to the 'Operation Influencer' investigation in Portugal.

Read more
5 Dec 2023 11:36

IN BRIEF: Savannah Resources drill programme on track at Barroso

Savannah Resources PLC - Lithium development company focused on the Barroso project in Portugal - Says it is on track with the first phase of its 2023/2024 drilling programme, despite a period of bad weather. Says that as of November 30, it has completed 24 of the planned 60 holes. Adds infill drilling for future JORC resource upgrades has been completed, with results to be reported "in due course."

Read more
7 Nov 2023 18:18

Savannah Resources continues despite visit from Portuguese officials

(Alliance News) - Savannah Resources PLC on Tuesday said its work is continuing at the Barroso lithium project, whilst Portuguese investigating officials visited some of its sites.

Read more
6 Nov 2023 18:06

IN BRIEF: Savannah Resources sees strong interest in Barroso project

Savannah Resources PLC - lithium development company focused on the Barroso project - Reports commercial interest in the project and its spodumene lithium offtake has been strong for a number of years. To quantify this interest, initiated a strategic partnering process in July, in which interested parties were invited to submit proposals outlining how they could assist Savannah with financing the project's development. Due to the high number of positive responses, appoints Barclays Bank PLC and Barrenjoey as joint financial advisers to lead on the next phase of the process.

Read more
23 Oct 2023 13:33

Savannah Resources begins drilling at flagship Portugal lithium asset

(Alliance News) - Savannah Resources PLC on Monday said that its 2023/24 drilling programme at the Barroso lithium project in Portugal is now underway.

Read more
2 Oct 2023 13:55

EARNINGS AND TRADING: Henderson Eurotrust net asset value per share up

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

Read more
29 Sep 2023 14:29

EARNINGS: Beacon Energy and Kefi Gold & Copper losses widen

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

Read more
18 Sep 2023 16:13

IN BRIEF: Savannah Resources not in sale process despite media reports

Savannah Resources PLC - lithium development company - Denies reports from Portuguese press that it is in a sale process. Says it is not in a sale process regarding the Barroso lithium project nor the company itself. Reiterates that on September 6, it had said that it received "significant" commercial interest in the project for several years and that there has been additional interest since the completion of a new positive scoping study. "Savannah is focusing on identifying groups which are willing to assist with the financing of the project's construction and bring complementary skills or additional opportunities to a long-term partnership with Savannah," firm says.

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.