NEVSUN Message Board - Msg: 5299545

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : NEVSUN

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: abdias who wrote (96)	7/24/1998 7:23:00 AM
From: Pierre J. LeBel	Read Replies (3) of 205

NEVSUN RESOURCES LTD. Third Quarter Report for the 9 months ended May 31, 1998 The management of Nevsun Resources Ltd. is pleased to report on the Company's progress during the third quarter of the fiscal year, ended May 31, 1998. FINANCIAL As at May 31, 1998 the Company had cash of US$ 8.7 million (Cdn$12.6 million). The third quarter expenditures on resource properties totaled US$2.9 million for a total resource expenditure year to date of US$9.6 million, including US$4.5 million on the Tabakoto Project in Mali and US$ 4.0 million on the Kubi Project in Ghana. Drill programs were the main components of these expenditures. The loss for the third quarter was US$433,000 for a year to date loss of US$773,000. Operating expenses for 1997/98 of have increased as compared to the 1996/97 period as a result of the addition of senior staff and their related activities as well as a legal dispute with a former contractor. ----------------------------------------------------------------- The previous information was obtained from their website. Much more information is available. Have a look: nevsun.com You can also easily get there by following the Carlson link on top of the page. Have a very nice day. Pierre

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next