ATH reviews operations after tough year
5th October 2012
MINING group ATH Resources has warned shareholders to expect "significant non-cash write downs" as it starts a review of its future operations.
The company said the review had become necessary in the face of coal prices that had fallen 30% in the current financial year with little sign of a recovery in the commodity markets.
Updating shareholders this morning, ATH said sales volumes for the year to the end of September were level at 1.6m tonnes while average sale prices increased by around 14% to £57 per tonne.......for the full story register now for free or login below...
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