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Goldplat back on track, says CEO Kisbey-Green

Gerard Kisbey-Green, CEO of Goldplat (LON:GDP), says the company is back on track operationally after a period of processing and cash-flow issues.

“We’ve turned the corner and should be on the up and up from now on,” said the chief executive.

Last week the firm told investors it had made significant progress reducing its backlog of stocks and easing its problems with third party refiner Rand.

The company, which recovers gold from waste from mining operations, said a new electric boiler had boosted the performance at its existing facilities to five tonnes of loaded carbon per day.

Quick facts: Goldplat PLC

Price: 2.9 GBX

AIM:GDP
Market: AIM
Market Cap: £4.86 m
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Goldplat CEO looking to rejuvenate company’s cash pile

Gerard Kisbey-Green, chief executive of Goldplat (LON:GDP), says he is focused on building the company’s cash resources after sorting out operational difficulties. The firm’s main refinery, Rand, was unable to process material in the year to June, 2015. That knocked the firm’s operations...

on 10/07/2015

2 min read