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Pin to quick picksStrategic Minerals Share News (SML)

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EARNINGS SUMMARY: Ten Entertainment resumes payout on swing to profit

Wed, 21st Sep 2022 15:03

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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Ten Entertainment Group PLC - ten-pin bowling operator - Swings to a pretax profit of GBP21.0 million from a loss of GBP10.8 million in the six months ended June 26. Revenue surges to GBP63.2 million from GBP10.6 million. The bowling alley operator says it is "delighted" with the growth as last year it benefited significantly from exceptional sales due to UK "staycations" and the initial pent-up demand from the release of Covid restrictions. Notes record-breaking February and May half-term trading in the half, as well as an "exceptional" Easter. Adds the positive sales trend continued to the end of the first half despite a very hot summer when, traditionally, bowling and other indoor activities aren't favoured. Declares an interim dividend of 3.0p per share, compared to none a year prior.

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TP Group PLC - Wincanton, England-based consulting, software and engineering company - Posts revenue of GBP24.3 million in the six months to June 30, up slightly from GBP23.5 million a year earlier. Pretax loss amounts to GBP621,000, narrowed from GBP1.9 million. Says in talks with potential buyer of Westek business continues, and its TPG Services division is operating in line with management expectations.

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Strategic Minerals PLC - London-based exploration and production company - Posts revenue of USD1.3 million in the six months to June 30, down 13% from USD1.5 million a year earlier. Pretax profit drops to USD268,000 from USD388,000, reflecting "reduced sales in the period".

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Aurora Investments Trust PLC - investment trust managed by Phoenix Asset Management Partners - Net asset value per share declines by 9.1% to 209.86 pence as at June 30 from 230.90p a year ago. NAV total return amounts to negative 17% in the half-year to June 30, against the FTSE All-Share benchmark's negative 4.6%.

By Xindi Wei; xindiwei@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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11 Apr 2019 12:19

Strategic Minerals Quarter Suffers From Maintenance And Client Issues

LONDON (Alliance News) - Strategic Minerals PLC on Thursday said quarterly sales and production at its Cobre magnetite operations in the US were hurt by plant maintenance and issues with a major a

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8 Apr 2019 10:11

Strategic Minerals acquisition of remainder of Redmoor project advances

(Sharecast News) - Battery materials-focussed producing mineral company Strategic Minerals has been informed by New Age Exploration that it would not be required to refer its decision to sell its entire 50% shareholding in Cornwall Resources - the joint venture vehicle developing the Redmoor tin and tungsten project in Cornwall - to shareholders at a general meeting, it said on Monday.

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18 Mar 2019 12:49

Strategic Minerals Buys Remainder Of Redmoor Tin Tungsten Project

LONDON (Alliance News) - Strategic Minerals PLC said Monday it has agreed to buy the remaining 50% stake held in Cornwall Resources from its joint venture partner New Age Exploration acquisition a

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18 Mar 2019 11:45

Strategic Minerals to take 100pc stake in Cornwall Resources

(Sharecast News) - Strategic Minerals has entered into arrangements with New Age Exploration to acquire its entire 50% shareholding in Cornwall Resources - the joint venture vehicle developing the Redmoor tin and tungsten project in Cornwall, it announced on Monday.

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7 Mar 2019 15:14

Strategic Minerals schedules re-start at Mountain of Light facility

(Sharecast News) - Battery minerals company Strategic Minerals announced on Thursday that copper production was scheduled to start-up again at the Leigh Creek Copper Mine's 'Mountain of Light' processing facility in April, starting with the refurbishment and the trial reactivation of the existing processing plant and heap leach pads.

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7 Mar 2019 14:33

Strategic Minerals Ready To Get Going Again At Leigh Creek In April

LONDON (Alliance News) - Strategic Minerals PLC said on Thursday production is to re-start at Australia's Leigh Creek copper mine in April.Strategic Minerals has engaged PPM Global to a

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4 Mar 2019 12:52

Strategic Minerals To Issue Final 2.9 Million Shares For Leigh Creek (ALLISS)

LONDON (Alliance News) - Strategic Minerals PLC on Monday said it has arranged the issue of the final 2.9 million shares due to Resilience Mining Australia Ltd for the acquisition of Leigh Creek a

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4 Mar 2019 09:24

Strategic Minerals issues remaining shares for Leigh Creek acquisition

(Sharecast News) - Battery minerals-focussed Strategic Minerals announced on Monday that it has arranged the issuance of the remaining 2,866,730 shares due to Resilience Mining Australia, for the acquisition of the Leigh Creek Copper Mine.

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18 Feb 2019 13:14

Strategic Minerals Says Mountain Of Light Results Better Than Expected

LONDON (Alliance News) - Strategic Minerals PLC said Monday the assay results from the diamond drill programme at the Paltridge North and Rosmann East deposits at the Mountain of Light project in

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14 Feb 2019 11:49

Strategic Minerals Notes Trebling Of Redmoor Metal Estimate

LONDON (Alliance News) - Strategic Minerals PLC on Thursday said a mineral resource update from its Redmoor tin-tungsten mine in Cornwall has trebled the previous contained metal drilling at is by

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23 Jan 2019 11:17

Strategic Minerals Excited After "Impressive" Redmoor Drill Results

LONDON (Alliance News) - Strategic Minerals PLC on Wednesday said latest results from its drilling programme at the Redmoor tin-tungsten project are "exceptional".Every hole in a

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14 Jan 2019 11:42

Strategic Minerals Gets Early Extension To Cobre Stockpile Access

LONDON (Alliance News) - Battery minerals producer Strategic Minerals PLC on Monday said that its subsidiary, Southern Minerals Group, received an early rollover of access to the Cobre magnetite a

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6 Dec 2018 15:55

Strategic Minerals Commences Australia Mountain Of Light Refurbishment

LONDON (Alliance News) - Battery minerals producer Strategic Minerals PLC on Thursday said it has begun refurbishment at its Mountain of Light processing plant in south Australia, which may be of

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6 Dec 2018 15:49

Strategic Minerals boosted by Australian copper mineralisation

(Sharecast News) - Strategic Minerals' shares surged on Thursday after intersecting "significant" copper mineralisation at its Leigh Creek Copper Mine (LCCM) project in South Australia.

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4 Dec 2018 13:33

Strategic Minerals Starts Electromagnetic Survey At Nickel Project

LONDON (Alliance News) - Strategic Minerals PLC said Tuesday that unit Central Australian Rare Earths Pty Ltd has commenced a electromagnetic geophysical survey for potential Nickel sulphide at in

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