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7.2 Grant Thornton UK LLP of 30 Finsbury Square, London EC2A 1AG are the current auditors of the Company. Deloitte LLP of 1 New Street Square, London EC4A 3HQ were the auditors for the Company up to the financial period to 30 March 2019.
8. dividend policy
8.1 The Board s dividend policy was most recently stated on page 6 in the Chairman s Statement contained in the 2020 Annual Report & Accounts which forms part of the Company s Public Record: The Company has not paid a dividend since 3 February 2012. The Directors do not expect to pay dividends until the business is returned to a sustainable and stable financial footing. The Directors understand the importance of optimising value for Shareholders and it is the Directors intention to return to paying a dividend as soon as this is possible under the Company s agreements with GBB and the pension trustees and as soon as the Directors believe it is financially prudent for the Group to do so .
COMPLETION OF PLACEMENT Salt Lake Potash Limited (SO4 or the Company) is pleased to announce that it has now completed the placement of 130.0 million new ordinary shares of the Company, to raise gross proceeds of A$52.0 million (Placement), first announced on 11 December 2020. The second tranche of the Placement to Directors has been completed following shareholder approval at a General Meeting held on 22 January 2021. The issue comprised 5,025,000 ordinary shares of no par value (Ordinary Shares) at a price of A$0.40 per share, including 3,000,000 shares subscribed for by the Company s Chairman, Mr Ian Middlemas and 500,000 shares by the CEO, Mr Tony Swiericzuk. Further information is set out below.
G oldplat plc, the AIM listed gold producer, with international gold recovery operations located in South Africa and Ghana, is pleased to announce an operational update for the six months ended 31 December 2020. Recovery operations achieved a combined operating profit for the six months ended 31 December 2020 of £3,042,000 (31 December 2019: £2,810,000). Within this, the South African operation achieved an operating profit of £2,200,000 (31 December 2019: £2,659,000) and the Ghana operation increased operating profitability by more than 5-fold to £842,000 (31 December 2019: £151,000). · During the period, there has been significant investment of time and resources in gathering data to optimize our current production lines in South Africa and also on our Tailings Storage Facility (TSF). These investments contributed to a reduction of operating
Myanmar Investments International Limited (AIM: MIL) was the first Myanmar-focused investment company to be admitted to trading on the AIM market of the London Stock Exchange. MIL was established in 2013 with the intention of building long-term shareholder value by proactively investing in a diversified portfolio of Myanmar businesses that will benefit from the country s re-emergence and ongoing economic development. The Company is led by an experienced and entrepreneurial team who between them have considerable industrial, corporate and financial management experience. At the Annual General Meeting on 24 October 2019, the Company s shareholders approved a change in the investment policy of the Company to now seek to harvest the Company s investments over time.