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Unaudited Interim Financial Results for the 6 M...
Unaudited Interim Financial Results for the 6 M....
About this update from Great Western Mining Corp. Plc
[{"type":"text","content":"\n \n\n29 September 2010\n\n GREAT WESTERN MINING CORPORATION PLC\n\n (the \"Company\", the \"Group\" or \"GWM\")\n\n UNAUDITED INTERIM FINANCIAL RESULTS\n FOR THE 6 MONTH PERIOD ENDED 30 JUNE 2010\n\nThe Directors of Great Western Mining Corporation Plc are pleased to announce the interim financial results for the six\nmonth period ended 30 June 2010.\nChairman's Statement\n\nThe Board of Directors of Great Western Mining Corporation Plc stated it was the Company's intention to seek a listing\non the Alternative Investment Market (AIM) in London. \"Hopefully, this can be achieved before the end of the first\nquarter of 2011\", Chairman Mr. O' Connell said.\n\n\"The continuing geological work and studies at the Marietta gold, silver, uranium and copper prospect in Nevada, U.S.A.,\nwill in due course enable estimates of potential reserves to be made. The year ahead promises to be an exciting one for\nthe Company,\" the Board's Statement concluded.\n\nThe Marietta prospect now extends to some 33 square kilometers and has drawn-in Canadian and American mining groups to\nthe immediate area. Great Western Mining Corporation Plc owns 100% of the interest in its claim area.\n\nA summary of significant sample results and laboratory leaching tests taken over the past three years can be accessed\nthrough the Company's website: www.greatwesternmining.com\n\nWith best regards,\nSincerely,\n\nEmmett O'Connell\nChairman\n\n29 September 2010\n\nGreat Western Mining Corporation PLC \nConsolidated Statement of Comprehensive \nIncome\nSix months ended 30 June 2010 \n unaudited unaudited audited\n 6 months ended 6 months ended Year ended\n 30-Jun-10 30-Jun-09 31-Dec-09\n € € €\n\nTurnover 0 0 0\n\nAdministration expenses (60,437) (179,290) (264,969)\nFinance income 0 1,053 1,527\n ___________________________________________________________\nLoss for the period before tax (60,437) (178,237) (263,442)\n\nInterest payable (330) 0 0\nCorporation tax expense 0 0 0\n ______ ______ ______\nLoss for the period from continuing (60,767) (178,237) (263,442)\noperations\n\nOther Comprehensive Income 0 0 0\n ______ ______ ______\nTotal Comprehensive Income for the (60,767) (178,237) (263,442)\nperiod - all attributable to equity\nholders of the Company\n\nLoss per share \nBasic -€0.22 -€0.67 -€0.93\nDiluted -€0.22 -€0.67 -€0.93\n\nGreat Western Mining Corporat...