CAPITAL MARKETS

Talon caps strong growth with maiden profit

ABSORBENT minerals group Talon Resources NL has capped a year of strong growth and development during which it completed its transformation into a vertically integrated minerals business with a more than fivefold increase in sales revenue and a maiden annual profit.

Greg Tubby

Talon, the sole ASX-listed company in Albany, Western Australia, announced an operating profit after tax for the 1999-2000 financial year of $97,000 compared with a $1.18 million loss for the previous...

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