CAPITAL MARKETS

Straits posts $106.7M loss on price plunge

STRAITS Resources says it has weathered the worst of the storm and is well placed for the future, despite posting a $A106.7 million net loss after tax for the six months to December 31, 2008.

MiningNews.Net
Straits posts $106.7M loss on price plunge

In its half-year report, the West Perth-based company said the $106.7 million loss, which compared to a $25 million net profit in the previous half year period, was impacted by a “disappointing performance”...

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