Latin Resources reports H1 2015 loss reduction
Published: Monday, 14 September 2015
The Perth-based explorer brought its losses down by two thirds on the back of price renegotiations for the purchase of its Guadalpito andalusite and mineral sands project coupled with improved foreign exchange conditions.
ASX-listed Latin Resources Ltd announced
losses of Australian dollar (A$) 1.69m ($1.20m*) for the six
months ended June 2015, a 67% reduction on a figure of A$5.14m
this time last year.
The majority of this is attributable to a renegotiation with
vendors of the selling price of...