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Goldplat's Ghana arm gets US$1.4mln cash boost

The cash will be used to pay two of its suppliers of gold material in Ghana

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Shares rose by 8% to 3.5p.

Gold recovery specialist Goldplat’s (LON:GDP) Ghana operation has received a payment of  US$1.4mln for material sent to German smelter Aurubis.

The cash will be used to pay two of its suppliers of gold material in Ghana and help accelerate its expansion plans there.

GRG, the Ghanaian business, received the money after negotiating a early payment deal in return for an effective cost of approximately 1% of the amount received.

Shares rose by 8% to 3.5p.

Quick facts: Goldplat PLC

Price: 5.3499 GBX

AIM:GDP
Market: AIM
Market Cap: £8.96 m
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