Brief: Eastern Platinum Says Operating Loss $1.8 Million In Q1 2019

Eastern Platinum

15/05/2019 07:52

May 15 (Reuters) - Eastern Platinum Ltd  ELR.TO :
    * OPERATING LOSS $1.8 MILLION IN Q1 2019 COMPARED TO $2.6
MILLION
IN Q1 2018
    * NET FINANCING CASH FLOW OF $2.2 MILLION (ZAR31.3 MILLION)
DURING
Q1 2019
    * NET OPERATING CASH FLOWS USED DURING Q1 2019 WAS $3.7
MILLION
COMPARED WITH $1.7 MILLION IN Q1 2018
    * QTRLY REVENUE FROM RETREATMENT PROJECT $5.4 MILLION
    * COMPANY BELIEVES THAT IT WILL MAKE A DEFINITIVE DECISION
WITH
RESPECT TO PGM'S BY END OF Q3 2019.
    * NET LOSS TO EQUITY SHAREHOLDERS OF $0.8 MILLION DURING Q1
2019
COMPARED WITH $0.7 MILLION (LOSS OF $0.01 PER SHARE) IN Q1 2018

Source text for Eikon:  ID:nJseO0016a 
Further company coverage:  ELR.TO 

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