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Castillo Copper Ltd - base metal explorer primarily focused on copper across Australia and Zambia - Reports revenue in the year to June 30 of $15,615, down sharply from $145,218 the year before. Takes impairment of exploration expenditure of $5.7 million compared to zero before. As a result, pretax loss multiplies to $6.9 million from $1.7 million with basic and diluted loss per share 0.53 cents compared to 0.13 cents. Says core theme remains to align with strategic development partners to optimise the value creating potential from the current asset portfolio. Will consider any outright offer to acquire one of the assets based on its merits. Current stock price: 0.38 pence 12-month change: down 60% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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