LONDON--AIM listed gold and copper exploration and development company Bezant Resources PLC (BZT.LN), Thursday posted a widened pretax losses during the year-end, adding that it is in regular dialogue with Gold Fields Netherlands Services BV, and await a decision with respect to the potential exercise of its option.
-The company recorded pretax loss of 1.8 million pounds during the year-ended June 30, compared with GBP1.6 million a year earlier
-Group revenue N/A
-Group operating loss GBP1.7 million versus GBP1.6 million
-Loss after tax for the twelve month period of GBP1.84 million versus loss of GBP1.55 million
-Basic and diluted loss per share 2.82 pence versus 2.88 pence
-GBP4.3 million cash held at the period end.
-The Mankayan Project remains the subject of an option granted to Gold Fields: Continue to maintain a regular dialogue with Gold Fields and await a decision with respect to the potential exercise of its option prior to its expiry date of Jan. 31, 2013.
-Shares at 0850 GMT down 1.0 pence, or 2.9%, at 25.0 pence, valuing the company at GBP16.9 million.
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