Tectonic Gold Plc - Annual Financial Report for the Year Ended June 2020
PR Newswire
for the year ended 30 June 2020
CONTENTS
6 Strategic report
17 Consolidated Statement of Profit or Loss and Other Comprehensive Income
18 Statements of Financial Position
19 Group Statement of Changes in Equity
20 Company Statement of Changes in Equity
21 Statements of cash flows
23 Notes forming part of the financial statements
COMPANY INFORMATION
SECRETARY:
COMPANY REGISTRATION NUMBER:
London
Warwickshire,
VSA Capital
Dear Shareholders,
I am pleased to present the results for Tectonic Gold Plc for the 12 months to 30 June 2020. This marks the second year of your Company and one that presented enormous challenges and opportunities for us. From bushfires to COVID-19 and trade wars we have had to navigate a very tricky market environment. Gold has once again provided investors safe harbour and with the arrival of Rio Tinto on our northern fence line earlier in the year we find ourselves in an enviably good position with a fully funded drilling program underway, successful exploration to follow up on and new discoveries to pursue. Further, our joint venture in South Africa is in production and we are expecting first diamond sales shortly.