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GOLDPLAT PLC
Regulatory Filings • Apr 19, 2024
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Regulatory Filings
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National Storage Mechanism | Additional information 
RNS Number : 2437L
Goldplat plc
19 April 2024
19 April 2024
Goldplat plc
("Goldplat" or the "Company")
Arrival of Generators
Goldplat plc, (AIM: GDP) the AIM listed Mining Services Group, with international gold recovery operations located in South Africa and Ghana, servicing the African and South American Mining Industry, is pleased to announce the arrival of the diesel generators at our operations in South Africa, and that commissioning will be finalised by the end of April 2024.
During Q3 of the current financial year, our operations have lost 6% of total operating hours available due to electricity supply cuts and infrastructure related issues , lower than the time lost in the previous calendar year of more than 20%. The generators have been procured at a cost of GBP800,000 and have been financed through a local South African bank and will be repaid over 3 years.
The generators will be used to reduce the operational time lost due to electricity supply issues only if it is economically viable to do so. This will be assessed on an ongoing basis.
Werner Klingenberg, CEO of Goldplat commented: "We are delighted to have received the generators on site and look forward to the finalisation of the commissioning of the generators. They will provide us with the ability to curtail the impact that electricity cuts have had on our operations as well as mitigate potential supply challenges in the future."
For further information visit www.goldplat.com, follow on X @GoldplatGDP or contact:
| Werner Klingenberg | Goldplat plc (CEO) |
Tel: +27 (0) 82 051 1071 |
| Colin Aaronson / Samantha Harrison/ Enzo Aliaj | Grant Thornton UK LLP (Nominated Adviser) |
Tel: +44 (0) 20 7383 5100 |
| James Bavister / Andrew de Andrade | WH Ireland Limited (Broker) |
Tel: +44 (0) 207 220 1666 |
| Tim Thompson / Mark Edwards / Fergus Mellon | Flagstaff Strategic and Investor Communications | Tel: +44 (0) 207 129 1474 [email protected] |
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