Greystar Resources losses rise



13 November 2009 @ 08:40 am BST

Greystar Resources posts a third quarter loss of $7.5m for the three months to the end of September - up from $6m last time/

Losses for the first nine months of the year rose to $17.5m compared with $17.1m in 2008.

The comprehensive loss for Q3 was $7.8m compared with $5.8m a year ago while none-month losses rose to $17.5m from $16m.

The firm had cash and cash equivalents of $83.9m - up from $33.2m a year ago.

Story provided by Business Financial Newswire

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