Share Name Share Symbol Market Type Share ISIN Share Description
All Star Minerals plc NEX:ASMO NEX Ordinary Share GB00B12T7004
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.025 0.01 0.04 0.025 0.025 0.025 0.00 07:58:46
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
- - - -

All Star Minerals Plc Half-year Report

27/09/2019 7:00am

UK Regulatory (RNS & others)


 
TIDMASMO 
 
ALL STAR MINERALS PLC 
 
                        Interim Results to 30 June 2019 
 
Chairman's Statement 
 
Update 
 
The Board reports that the Company over the past six month recorded a reduced 
loss for the period. The Company still maintains a shareholding in NQ Minerals 
at the end of the period. 
 
All Star's continued strategy is to review potential opportunities in order to 
enhance shareholder value. 
 
Financials 
 
The financial results for the period from 1 January 2019 to 30 June 2019 shows 
a loss after taxation attributable to equity holders of GBP36,551. The basic loss 
per share was 0.01p and is equal to the same period last year. 
 
The Company is carefully managing its working capital position and may need to 
raise further capital in future. 
 
Outlook 
 
The Board will provide a further update in due course. 
 
Tomas Nugent 
 
Executive Chairman 
 
27 September 2019 
 
ALL STAR MINERALS PLC 
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME 
SIX MONTHS ENDED 30 JUNE 2019 
 
                                Unaudited           Audited           Unaudited 
                           6 month period        year ended      6 month period 
                            ended 30 June       31 December       ended 30 June 
                                     2019              2018                2018 
                                      GBP               GBP                 GBP 
 
Revenue                                 -                 -                   - 
 
Administrative expenses          (53,761)          (85,719)            (51,943) 
 
Other operating income                  -             1,350                   - 
 
Finance income/(costs)             17,210          (26,000)            (13,000) 
 
LOSS BEFORE TAX                  (36,551)         (110,369)            (64,943) 
 
Income tax expense                      -                 -                   - 
 
LOSS FOR THE PERIOD/YEAR         (36,551)         (110,369)            (64,943) 
 
Attributable to: 
 
Equity holder of the             (36,551)         (110,369)            (64,943) 
parent 
 
LOSS PER SHARE 
 
Basic & diluted (pence             (0.01)            (0.01)              (0.01) 
per share) 
 
ALL STAR MINERALS PLC 
CONSOLIDATED STATEMENT OF FINANCIAL POSITION 
AS AT 30 JUNE 2019 
 
                                Unaudited           Audited           Unaudited 
                          at 30 June 2019    At 31 December          At 30 June 
                                                       2018                2018 
                                      GBP               GBP 
                                                                            GBP 
 
CURRENT ASSETS 
 
Trade and other                         -                 -                   - 
receivables 
 
Cash and cash equivalents          30,275             7,935               9,001 
 
FVOCI asset                       135,360           579,553             579,553 
 
                                  165,635           587,488             588,554 
 
TOTAL ASSETS                      165,635           587,488             588,554 
 
EQUITY PLUS NON-CONTROLLING INTEREST 
 
ISSUED SHARE CAPITAL AND RESERVES 
 
Share capital                     428,433           428,433             428,433 
 
Share premium                   1,773,610         1,773,610           1,773,610 
 
Reserves                          576,675           886,039             886,039 
 
Retained profits              (3,039,914)       (3,003,363)         (2,957,937) 
 
Foreign exchange                        -                 -                   - 
 
SUBSCRIBED CAPITAL              (261,196)            84,719             130,145 
 
TOTAL EQUITY                    (261,196)            84,719             130,145 
 
CURRENT LIABILITIES 
 
Trade and other payables          426,831           502,769             458,409 
 
TOTAL EQUITY AND                  165,635           587,488             588,554 
LIABILITIES 
 
Notes: 
 
1. The financial information for both the six months ended 30 June 2019 and the 
six months ended 30 June 2018 has not been audited. The financial information 
contained in the interim report does not constitute statutory accounts as 
defined in Section 434 of the Companies Act 2006. 
 
2. Basic loss per share has been calculated using the weighted average number 
of shares of 1,130,474,743 (31.12.18: 1,130,474,743; 30.6.18: 1,130,474,743). 
The weighted average number of shares including dilutive instruments does not 
affect the diluted earnings per share calculation. 
 
3. The Directors of the issuer accept full responsibility for this 
announcement. 
 
The Directors of All Star are responsible for the contents of this 
announcement. 
 
ENQUIRIES: 
 
All Star Minerals Plc 
Tomas Nugent 
Chairman 
07963-455663 
 
NEX Corporate Adviser 
Cairn Financial Advisers LLP 
Liam Murray 
0207 213-0880 
 
 
 
END 
 

(END) Dow Jones Newswires

September 27, 2019 02:00 ET (06:00 GMT)

1 Year All Star Minerals Chart

1 Year All Star Minerals Chart

1 Month All Star Minerals Chart

1 Month All Star Minerals Chart
Your Recent History
NEX
ASMO
All Star M..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20191120 11:54:42