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Xtract Resources aiming for 'sustainable' growth and cashflow within 3 months

Jan Nelson, chief executive of Xtract Resources (LON:XTR), tells Proactiveinvestors that the funding is in place to expand the mining portfolio. Following this Jan says that the board will then aim to deliver solid and sustainable growth and cashflow within 3 months.

Quick facts: Xtract Resources PLC

Price: 1.25 GBX

LSE:XTR
Market: LSE
Market Cap: £7.76 m
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Xtract Resources to become mid-tier gold producer by end 2017 – CEO

Jan Nelson, chief executive of Xtract Resources PLC (LON:XTR), says the restructuring of the Chepica mine in the last quarter of last year is paying off. “I know it was very difficult and hard for investors at the time, but I think you can see that the plan in terms of stopping and...

on 05/05/2016

2 min read