Informe de medio año
gunsynd plc
("Gunsynd", or the "Company")
Resultados provisionales para el semestre finalizado el 31 de enero de 2024
Declaración del presidente
I am pleased to report the interim results for the six months ended 31 January 2024.
Revisión de Inversiones
1911 Gold Corporation ("1911 Gold")
Gunsynd Plc invested approximately CAD$350,000 (c. £200,000) into 1911 Gold (TSXV: AUMB), a junior gold development and exploration company located in Manitoba, in the heart of the Rice Lake gold district within the West Uchi greenstone belt in Canada.
For each ordinary share subscribed for in 1911 Gold, the Company has received a warrant over a new ordinary share with an exercise price of CAD$ 0.10 per share and exercisable for a period of 24 months from the date of closing of the offering by 1911.
Aberdeen Minerals Limited ("Aberdeen")
Gunsynd holds 2,000,000 ordinary shares which were purchased at a price of 7.5 pence per share for a total consideration of £150,000.
In March 2024 Aberdeen announced a conditional equity financing of up to £5.5 million to invest in its mineral exploration programmes for deposits of nickel, copper and cobalt in North East Scotland. Responsibly sourced and secure supplies of these metallic raw materials used in batteries and electrification are critical to an energy transition in Scotland and the UK. This conditional equity financing was at a price of 8.5p per share, a premium to where Gunsynd invested.
Bajo 6 limitado ("Low6")
Low6 has continued to build revenue and has now traded profitability for all seven months of the current financial year being July 2023 through to January 2024. Monthly revenues have risen to just under £400k per month.
The company forecasted revenue of £4.5m for FY24 (July 2023-June 2024), and the company is on target to surpass that having contracted over £3.9m between 1 July 2023 and 31 January 2024. With five trading months to follow, the company anticipates that it will hit its revenue target for FY24. This compares to audited revenue for the company for the year ended 30 June 2022 of £854,851.
The Company has invested £265,000 in Low6 to date.
Omega Oil and Gas Limited ("Omega")
Omega announced in October 2023:
· Estimated maiden gross 2C contingent resources of 1.73 trillion cubic feet ("TCF") and 3C contingent resources of 4.5 TCF across Omega Oil and Gas' 100% owned ATPs 2037 and 2038 in Queensland's Taroom Trough, Australia.
· Los recursos contingentes netos de 2C comprenden 1.51 TCF de gas y 68.6 millones de barriles (MMBBLS) de condensado.
The Company has invested £50,000 in Omega to date.
Charger Metals Limited ("Cargador")
Gunsynd currently holds 852,542 shares in Charger representing approximately 1.1% of Charger's issued share capital.
El informe trimestral de ASX más reciente de Charger emitido en enero de 2024 indicó los siguientes aspectos destacados:
Proyecto de litio del lago Johnston, Australia Occidental
· Charger identified a new 1.2km trend of pegmatite outcrops with visible spodumene confirmed by high-grade rock chip samples up to 4.2% Li2O.
· Results received from a soil sampling programme across the Mt Gordon tenement have identified several large soil anomalies
· $3 million currently budgeted for exploration programmes in 2024 at Lake Johnston, including Reverse Circulation ("RC") and diamond drilling programmes of priority targets, to be funded by Rio Tinto Exploration Pty Ltd ("RTX"), a wholly-owned subsidiary of Rio Tinto Limited (ASX: RIO), under the Farm-in Agreement.
· 2024 exploration programmes commenced in January 2024, with diamond drilling underway at the Medcalf Spodumene Prospect to test for extensions to the high-grade lithium mineralisation returned from the maiden RC drill programme completed in Q2 2023.
Proyecto de litio Bynoe, Territorio del Norte
· Assays were received for the infill soil sampling programme completed in the northeastern area of the Bynoe Lithium Project, along with the first-pass results from the ground gravity survey.
· Approximately 20 lithium prospects identified by the company to-date at Bynoe remain untested, and the results from the coincident geochemical and geophysical surveys are expected to generate further targets.
· The company is reviewing all of the Bynoe data over the "wet season" in order to prioritise drill targets ready for the next "dry season" field campaign, due to commence in Q2 2024.
Rincon Resources Pty Ltd ("Rincón")
Gunsynd posee 4,000,000 acciones que representan aproximadamente el 1.8% del capital social emitido de Rincon.
El informe trimestral de ASX más reciente de Rincón, emitido en enero de 2024, indicó los siguientes aspectos destacados:
West Arunta Project
The Pokali diamond drilling program has been deferred until February 2024 due to unfavourable weather conditions. Rock Chip samples were collected from site reconnaissance programs, confirming the presence of carbonatite related rare earth element ("REE") mineralisation at Pokali North and also demonstrated widespread high-grade copper mineralisation over the 4km long Pokali IOCG Prospect area. Portable x-ray florescence ("pXRF") analysis of a selection of rock-chip samples highlighted two apparent REE trends, with best total rare earth element ("TREE") results of 0.48% TREE (KWRK094), 0.43% TREE (KWRK104) and 0.25% TREE (KWRK107).
South Telfer Project
Over 3,500m (17 holes) of reverse circulation ("RC") drilling were completed at Mammoth and Westin. The program successfully confirmed the presence of what the company believes could be a significant gold system at Westin. Multiple zones of anomalous gold mineralisation highlighted at least three potential sub-vertical gold-bearing structures that remain open down-dip and along strike.
Eagle Mountain Mining Limited ("Eagle Mountain")
Gunsynd posee 2.5 millones de acciones en Eagle Mountain que representan aproximadamente el 1% de su capital social emitido.
Highlights from the Eagle Mountain Mining December quarter results.
• Testing during the quarter identified a simpler processing method at Oracle Ridge with a raft of cost and environmental benefits. Highlights from recent testwork include:
· Increased mining productivity as a result of larger stopes and multiple fronts, enabled by the updated Mineral Resource, refer below.
· Up to 30% increase in copper head grade possible from ore sorting.
· Excellent copper recovery from rougher flotation, direct tank-leaching and an onsite SX/EW plant that produces LME grade copper sheet.
• In November 2023, the Mineral Resource Estimate for Oracle Ridge was upgraded to 28.2mt at 1.35% Cu, 11.06g/t Ag and 0.16g/t Au using a 0.8% copper cut-off grade for 380kt of contained copper. Measured and Indicated Resources now account for 54% of the MRE for Oracle Ridge.
Pacific Nickel Limited ("Pacífico Níquel")
Gunsynd actualmente posee 996,838 acciones en Pacific Nickel.
In January 2024 Pacific Nickel announced that it had completed its first DSO shipment from its Kolosori Nickel project and that an initial payment had been received from offtake partner Glencore International AG. In late February 2024 a second 60,000 tonne bulk carrier was loaded with average grade of around 1.65% nickel. This was followed in March by a third loading of a 60,000 tonne bulk carrier. Pacific Nickel is now focused on the ramp up to full production of 1.5mtpa is proceeding and expected to be finalised in May 2024.
Rogue Baron PLC ("Rogue Baron")
Gunsynd holds 21,543,563 shares in Rogue Baron equal to 16.89% of the issued share capital.
Rogue Baron plc announced in March 2024 that a USA based Institutional Investor ("Investor") agreed to invest USD $1,000,000 directly into Rogue Baron's wholly owned US subsidiary, Shinju Spirits Inc (the "Investment").
The USD $1,000,000 investment is comprised of USD $750,000 in cash and USD $250,000 worth of business enhancement services, which will be provided by the Investor to support the sales growth of Shinju Japanese Whisky, the company's signature brand.
In return for the Investment, the Investor will receive $750,000 of Seed Series Preferred Shares in Shinju Spirits that will have customary rights of a venture capital financing, commensurate with the rights set out in the American National Venture Capital Association Model Legal Documents. The Investor will also receive $250,000 in warrants to purchase up to a further $250,000 in common stock of Shinju Spirits.
Finnaust Mining Northern OY (Black Schist Projects) (the "Projects")
In June 2022 Gunsynd announced heads of terms with Metals One Plc ("Metals One") to farm into the Black Schist Projects in Finland, containing a nickel-zinc-copper-cobalt deposit proximal, and analogous, to the large Talvivaara mine. Gunsynd has paid £250,000 with respect to the conditional farm in agreement with Metals One and will receive 6.25% of the enlarged share capital of Finnaust Mining Northern OY ("Finnaust") (which holds the Projects).
In February 2024 Metals One Plc announced significant intersections of mineralised black schists were identified in all eight drillholes and geological continuity with Metals One's existing resource at its R1 Hook target which could support future resource expansion.
Metals One continues to update its prospectivity model with the valuable geophysical and petrophysical insights into the nature of mineralised black schists gathered during this programme.
La estrategia es for the company to show a clear path to the economic extraction of its assets. This includes a longer-term ambition of potentially defining a 200 Mt resource in the Paltamo area, the scale of which could underpin a significant supply of critical minerals to the European market at what Metals One expects to be a low cost of production.
Oyster Oil and Gas Limited ("Oyster")
Gunsynd has a holding valued at £130,000, and there has been no material change since 31 July 2023. Gunsynd will update the market as and when ocurren desarrollos materiales.
Revisión financiera
La pérdida de la Compañía para el período fue de £621,000 31 (2023 de enero de 576,000: pérdida de £369,000 31). La valoración de mercado realizada y no realizada de las inversiones financieras para el período fue una pérdida de £2023 305,000 (XNUMX de enero de XNUMX: pérdida de £XNUMX XNUMX).
La Compañía tenía activos netos al 31 de enero de 2024 de £1,735,000 (31 de enero de 2023: £3,275,000) incluidos saldos de efectivo de £113,000 (31 de enero de 2023: £304,000).
Outlook
We maintain a level of diversification in our portfolio but are mainly concentrated in natural resources and are unlikely to change this in the future.
Equity prices for junior resources stocks declined substantially during the period particularly which had a negative effect on the Company and its share price. The board believes that the end of the interest rate tightening cycle is likely over and this should be positive for commodities on the back of a potentially weaker USD. This has already started to be reflected in higher prices for certain commodities such as gold and copper.
Whilst the results for the period are disappointing there have been a number of positives including the progress in Low6, the institutional fundraise in to Rogue Baron's subsidiary at a substantial premium and the share price performance of 1911 Gold.
The Board continues to look at investments in line with its investment policy as highlighted on the Company's website and would also like to take this opportunity to thank shareholders for their continued support.
hamish harris
Presidente
Este anuncio contiene información privilegiada para los propósitos de la Regulación de Abuso del Mercado del Reino Unido y los Directores de la Compañía son responsables de la publicación de este anuncio.
Para más información, por favor póngase en contacto con:
gunsynd plc Hamish Harris/Peter Ruse
| +44 0 78 7958 4153
|
Cairn Financial Advisers LLP (Nominated Adviser and AQSE Corporate Adviser) James Caithie/Liam Murray
| +44 0 20 7213 0880 |
Peterhouse Capital Limited (Broker) Lucy williams | +44 0 20 7469 0936 |
Los resultados intermedios estarán disponibles electrónicamente en el sitio web de la Compañía: www.gunsynd.com.
gunsynd plc
Estado intermedio de resultados integrales - no auditado
Por los seis meses terminados el 31 de enero de 2024
| Sin auditar 2024 | Sin auditar 2023 | auditado terminó 2023 |
| 000 £ | 000 £ | 000 £ |
| |||
(Pérdida)/ganancia no realizada en inversiones financieras | (212) | (416) | (1,043) |
Ganancia realizada en inversiones financieras | (157) | 111 | (35) |
| (369) | (305) | (1,078) |
Costos administrativos y otros | (251) | (271) | (568) |
Deterioro de inversiones financieras | (15) | - | (212) |
Otros ingresos | 14 | - | 149 |
Ingresos financieros | - | - | 3 |
(Pérdida) antes de impuestos | (621) | (576) | (1,706) |
Taxation | - | - | - |
Pérdida del período | (621) | (576) | (1,706) |
Pérdida del período y pérdida integral total atribuible a los accionistas | (621) | (576) | (1,706) |
|
| ||
Otros (gastos)/ingresos integrales del período netos de impuestos | - | - | - |
Total de (gastos)/ingresos integrales del período | (621) | (576) | (1,706) |
|
| ||
(Pérdida) por acción ordinaria |
| ||
Basic | (0.129) | (0.128) | (0.379) |
Diluido | (0.129) | (0.128) | (0.379) |
gunsynd plc
Estado de situación financiera intermedio - no auditado
Al 31 de enero de 2024
| Sin auditar | Sin auditar | auditado 2023 |
|
|
|
|
| 000 £ | 000 £ | 000 £ |
BIENES |
| ||
Activos no corrientes |
| ||
Inversiones financieras | 1,519 | 2,854 | 1,891 |
Cuentas comerciales y otras cuentas por cobrar | - | - | - |
Total del activo no corriente | 1,519 | 2,854 | 1,891 |
| |||
Activos circulantes |
| ||
Cuentas comerciales y otras cuentas por cobrar | 202 | 198 | 194 |
Efectivo y equivalentes de efectivo | 113 | 304 | 164 |
Total de activos corrientes | 315 | 502 | 358 |
|
|
|
|
los activos totales | 1,834 | 3,356 | 2,249 |
| |||
PASIVO |
| ||
Pasivo circulante |
| ||
Comerciales y otras cuentas a pagar | (99) | (81) | (104) |
Total pasivo corriente | (99) | (81) | (104) |
|
|
|
|
Pasivos totales | (99) | (81) | (104) |
|
|
|
|
Activos netos | 1,735 | 3,275 | 2,145 |
|
| ||
EQUIDAD |
| ||
Patrimonio atribuible a los accionistas de la empresa |
| ||
Capital social ordinario | 472 | 382 | 382 |
Capital social diferido | 2,299 | 2,299 | 2,299 |
Reserva de prima de emisión | 13,580 | 13,459 | 13,459 |
Inversión en acciones propias | (26) | (26) | (26) |
Reserva de pagos basada en acciones | - | 39 | 24 |
Ganancias retenidas | (14,590) | (12,878) | (13,993) |
Equidad total | 1,735 | 3,275 | 2,145 |
gunsynd plc
Estado de cambios en el patrimonio intermedio - no auditado
Por los seis meses terminados el 31 de enero de 2024
Capital social ordinario | Capital social diferido | Compartir premium | Inversión en acciones propias | Reserva de pago basada en acciones | retenido ganancias | Total | |
000 £ | 000 £ | 000 £ | 000 £ | 000 £ | 000 £ | 000 £ | |
Sin auditar |
| ||||||
Al 31 de julio de 2022 | 382 | 2,299 | 13,459 | (26) | 39 | (12,302) | 3,851 |
| |||||||
Pérdida por el período de seis meses terminado el 31 de enero de 2023 | - | - | - | - | - | (576) | (576) |
Total integral gasto para el periodo | - | - | - | - | - | (576) | (576) |
|
| ||||||
Al 31 de enero de 2023 | 382 | 2,299 | 13,459 | (26) | 39 | (12,878) | 3,275 |
|
|
|
|
|
|
|
|
auditado |
| ||||||
Al 31 de julio de 2022 | 382 | 2,299 | 13,459 | (26) | 39 | (12,302) | 3,851 |
| |||||||
Ganancias del año | - | - | - | - | - | (1,706) | (1,706) |
Resultado integral total del año | - | - | - | - | - | (1,706) | (1,706) |
| |||||||
Transacciones con propietarios: |
| ||||||
Transferencia dentro del patrimonio al vencimiento de las opciones sobre acciones | - | - | - | - | (15) | 15 | - |
Al 31 de julio de 2023 | 382 | 2,299 | 13,459 | (26) | 24 | (13,993) | 2,145 |
|
|
|
|
|
|
|
|
Sin auditar |
| ||||||
Al 31 de julio de 2023 | 382 | 2,299 | 13,459 | (26) | 24 | (13,993) | 2,145 |
| |||||||
Pérdida por el período de seis meses terminado el 31 de enero de 2024 | - | - | - | - | - | (621) | (621) |
Total integral gasto para el periodo | - | - | - | - | - | (621) | (621) |
|
| ||||||
Transacciones con propietarios: |
| ||||||
Emisión de capital social | 90 | - | 121 | - | - | - | 211 |
Transferencia dentro del patrimonio al vencimiento de las opciones sobre acciones | - | - | - | - | (24) | 24 | - |
Al 31 de enero de 2024 | 472 | 2,299 | 13,580 | (26) | - | (14,590) | 1,735 |
gunsynd plc
Estado intermedio de flujos de efectivo - no auditado
Por los seis meses terminados el 31 de enero de 2024
Sin auditar | Sin auditar | auditado terminó | |
|
| ||
000 £ | 000 £ | 000 £ | |
flujos de efectivo por actividades operacionales |
| ||
(Pérdida) después de impuestos | (621) | (576) | (1,706) |
Ingresos financieros netos de costos financieros | - | - | (3) |
Unrealised loss on revaluation of financial investments | 212 | 416 | 1,043 |
Realised loss/(gain) on sale of financial investments | 157 | (111) | 35 |
Otros ingresos | (14) | - | (124) |
Provisión por deterioro | 15 | - | 212 |
Movimientos de divisas | (2) | (2) | 2 |
Salida de efectivo operativa antes de cambios en el capital de trabajo | (253) | (273) | (541) |
Movimiento de cuentas por cobrar comerciales y otras | 8 | - | 3 |
Movimiento de cuentas comerciales y otras cuentas por pagar | (5) | 1 | 24 |
Flujo de caja de las operaciones | (250) | (272) | (514) |
Impuesto recibido | - | - | - |
Flujos de efectivo netos utilizados en actividades operativas | (250) | (272) | (514) |
|
| ||
Flujo de caja de las actividades de inversión |
| ||
Pagos por inversiones financieras | (460) | (405) | (405) |
Producto de enajenación de la venta de inversiones financieras | 448 | 192 | 294 |
Préstamos no garantizados a empresa participada | - | (35) | (35) |
Salida neta de efectivo de las actividades de inversión | (12) | (248) | (146) |
| |||
Flujos de efectivo de actividades de financiación |
| ||
Producto de la emisión de acciones ordinarias | 90 | - | - |
Costo de emisión de acciones ordinarias | 121 | - | - |
Entrada neta de efectivo por actividades de financiación | 211 | - | - |
| |||
(Disminución) neto de efectivo y equivalentes de efectivo | (51) | (520) | (660) |
Efectivo y equivalentes de efectivo al inicio del período | 164 | 824 | 824 |
Efectivo y equivalentes de efectivo al final del período | 113 | 304 | 164 |
Notas al informe intermedio
Por los seis meses terminados el 31 de enero de 2024
1 Base de preparación
Tal y como permite la NIC 34, 'Información Financiera Intermedia' no se ha aplicado a estos resultados semestrales. La información financiera de la Compañía para el período de seis meses finalizado el 31 de enero de 2024 se ha preparado de conformidad con los principios de reconocimiento y medición de International Financial Reporting Standards, International Accounting Standards and Interpretations (collectively "IFRS") issued by the International Accounting Standards Board ("IASB") as adopted by the European Union ("adopted IFRS") and are in accordance with IFRS as issued by the IASB. The condensed interim financial information has been prepared using the accounting policies which will be applied in the Company's statutory financial statements for the year ending 31 July 2023.
La información financiera que se muestra en esta publicación no está auditada y no constituye cuentas legales tal como se define en la Sección 434 de la Ley de Sociedades de 2006. Las cifras comparativas para el año fiscal finalizado el 31 de julio de 2023 se derivaron de las cuentas legales de 2023. Las cuentas legales han sido entregados al Registrador de Empresas. Los auditores han informado sobre esas cuentas; su informe no tenía reservas y no contenía declaraciones en virtud de la sección 498(2) o 498(3) de la Ley de Sociedades de 2006.
2 Beneficios por acción
El cálculo de la pérdida por acción se basa en la pérdida atribuible a los accionistas ordinarios dividida por el número promedio ponderado de acciones en circulación durante el período.
| Sin auditar | Sin auditar | auditado |
|
| ||
| 000 £ | 000 £ | 000 £ |
(Pérdida) en actividades ordinarias después de impuestos | (621) | (576) | (1,706) |
| |||
Weighted average number of ordinary shares for the purposes of basic (loss) per share (millions) | 482.32 | 449.80 | 449.80 |
Weighted average number of ordinary shares for the purposes of diluted (loss) per share (millions) | 485.01 | 475.50 | 475.50 |
| |||
Basic (loss) per share (expressed in pence) | (0.129) | (0.128) | (0.379) |
Diluted (loss) per share (expressed in pence) | (0.129) | (0.128) | (0.379) |
Sin embargo, debido a las pérdidas sufridas en el semestre no existe un efecto dilutivo por el potencial ejercicio de las opciones sobre acciones existentes.
3 Events after the end of the reporting period
Ninguno a la fecha de publicación
4. Financial Information
El Consejo de Administración aprobó este informe intermedio el 17 de abril de 2024.
A copy of this report can be obtained from our website at www.gunsynd.com
Declaraciones prospectivas
Este anuncio contiene declaraciones a futuro relacionadas con eventos futuros esperados o anticipados y resultados anticipados que son de naturaleza prospectiva y, como resultado, están sujetos a ciertos riesgos e incertidumbres, como condiciones generales económicas, comerciales y de mercado, competencia por personal calificado, el proceso regulatorio y las acciones, problemas técnicos, nueva legislación, incertidumbres resultantes de posibles retrasos o cambios en los planes, incertidumbres derivadas de trabajar en una nueva jurisdicción política, incertidumbres relacionadas con los resultados de la exploración, incertidumbres relacionadas con el momento y la concesión de la prospección derechos, incertidumbres con respecto a la capacidad de la Compañía para ejecutar e implementar planes futuros y la ocurrencia de eventos inesperados. Los resultados reales obtenidos pueden diferir de la información proporcionada en este documento como resultado de numerosos riesgos e incertidumbres conocidos y desconocidos y otros factores.
RNS puede usar su dirección IP para confirmar el cumplimiento de los términos y condiciones, para analizar cómo interactúa con la información contenida en esta comunicación y para compartir dicho análisis de forma anónima con otros como parte de nuestros servicios comerciales. Para obtener más información sobre cómo RNS y la Bolsa de Valores de Londres utilizan los datos personales que nos proporciona, consulte nuestra Política de privacidad.