RE: Rick Rule31 May 2024 10:19
Katoro Gold PLC, up 9.3% at 0.15p, 12-month range 0.061p-0.17p. Shares in the gold and nickel exploration and development company rise. Katoro reports operating loss of GBP613,872 in 2023, narrowed from GBP1.3 million a year earlier. Pretax loss narrows to GBP613,860 from GBP1.3 million. Chair Sean Wade says: "Katoro has entered 2024 with a comprehensive strategy aimed at resetting the Company's trajectory. This renewed approach involves a refreshed board of directors, strategic advisory support, and a revised funding plan. We believe these combined efforts hold significant potential to unlock substantial value for our shareholders."