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Tri-Star Resources Loss Widens
LONDON (Alliance News) - Tri-Star Resources PLC Friday reported a pretax loss of GBP1.2 million for the third quarter, up from GBP789,000 a year earlier as it significantly increased exploration spending and administration costs.
The antimony development company doesn't earn any revenues yet, so its losses are down to the amount it spends and finance costs. It is currently working with partners to develop a roaster in Oman and just completed the acquisition of a Canadian mineral exploration company.
Tri-Star Resources shares last traded at 0.36 pence.
By Steve McGrath; stevemcgrath@alliancenews.com; @SteveMcGrath1
Copyright 2013 Alliance News Limited. All Rights Reserved.
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IN BRIEF: Tri-Star Resources Plunges 74% On Return To Trading
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TSTR.L News
IN BRIEF: Tri-Star Resources Plunges 74% On Return To Trading
IN BRIEF: Tri-Star Resources Plunges 74% On Return To Trading
UK EARNINGS SUMMARY: Hydrodec Forms Joint Venture As Refinancing Nears
UK EARNINGS SUMMARY: Hydrodec Forms Joint Venture As Refinancing Nears
UK TRADING UPDATE SUMMARY: Prime People Hurt As Covid Hits Job Market
UK TRADING UPDATE SUMMARY: Prime People Hurt As Covid Hits Job Market
UK TRADING UPDATE SUMMARY: eEnergy And BigDish Welcome Sunak Stimulus
UK TRADING UPDATE SUMMARY: eEnergy And BigDish Welcome Sunak Stimulus
UK TRADING UPDATE SUMMARY: Young & Co Gets GBP30 Million Covid Loan
UK TRADING UPDATE SUMMARY: Young & Co Gets GBP30 Million Covid Loan
Tri-Star confirms first antimony sale at SPMP in Oman
(Sharecast News) - Minerals processing company Tri-Star Resources updated the market on Wednesday on its investment in Strategic & Precious Metals...
UK TRADING UPDATE SUMMARY: Novacyt Gets WHO Covid-19 Test Kit Okay
UK TRADING UPDATE SUMMARY: Novacyt Gets WHO Covid-19 Test Kit Okay
Tri-Star Resources Investee's Chief Executive Departs After Two Years
Tri-Star Resources Investee's Chief Executive Departs After Two Years
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