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IN BRIEF: Asiamet Resources loss narrows as expenses decrease 24%

ALN

Asiamet Resources Ltd - Jakarta, Indonesia-based mining company - Reports net loss for the year to June 30 totalled £3.0 million narrowed from £4.0 million, the year prior. Expenses fell to £2.9 million from £3.8 million before, a 24% drop. Basic and diluted loss per share were 0.15 pence compared to 0.21p. Cash at the period end was £2.3 million, more than halved from £5.2 million.

Current stock price: 1.08 pence

12-month change: up 3.3%

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