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WSBN Wishbone Gold Plc

1.25
-0.05 (-3.85%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Wishbone Gold Plc LSE:WSBN London Ordinary Share GI000A2PX455 ORD 0.1P (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.05 -3.85% 1.25 1.20 1.30 1.30 1.25 1.30 1,315,642 14:15:10
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Nonmtl Minrls, Ex Fuels 0 -1.14M -0.0044 -2.84 3.22M

Wishbone Gold PLC Trading Update - Correction (5315W)

09/02/2017 3:11pm

UK Regulatory


Wishbone Gold (LSE:WSBN)
Historical Stock Chart


From May 2019 to May 2024

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TIDMWSBN

RNS Number : 5315W

Wishbone Gold PLC

09 February 2017

9 February 2017

Wishbone Gold Plc

("Wishbone Gold" or the "Company")

Wishbone Gold Plc / Index: AIM / Epic: WSBN / Sector: Natural Resources

Trading update - Correction

The following correction has been issued by Wishbone Gold to it's RNS Number 4221W of today. The RNS stated "The Company achieved its target of exceeding 25 kilos per week by the year end." This should have read "The Company achieved its budget of exceeding 25 kilos per week by the year end."

The Company has offered further clarification:

1. The Company's target for the year was 100 kilos per week while the budget was 25 kilos per week. The budget has thus been exceeded while the target was missed by the failure of one supplier to ship on time. There is no reason to believe that these shipments will not take place in the future.

2. The Indian duty rebate has not directly affected Wishbone's margins but has affected the overall market by ensuring more gold went to India than previously.

3. Wishbone's strategy remains unaltered: trading with steady reverse integration upstream to tie-in suppliers. This has worked thus far and the Board expect it to continue to do so.

- ends -

www.wishbonegold.com

Enquiries:

For further information, please contact:

 
 Wishbone Gold Plc 
 Richard Poulden, Chairman    Tel: +44 207 812 
  and CEO                      0645 
 
 Allenby Capital 
 Nick Naylor / Nick Harriss   Tel: +44 20 3328 
  / James Thomas               5656 
 
 Beaufort Securities 
 Elliot Hance                 Tel: +44 20 7382 
                               8300 
 
 Damson Communications 
 Amelia Hubert                Tel: +44 207 812 
                               0645 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

TSTLLFIEFDIAIID

(END) Dow Jones Newswires

February 09, 2017 10:11 ET (15:11 GMT)

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1 Year Wishbone Gold Chart

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