A little update on the fortunes of our friend (!!!) from uk-analyst's Stockmarket Reporter:
Widening interim losses at Triple Plate Junction (TPJ) failed to take the shine of the positive progress the company has made in its prospects and its shares jumped 2.75p to 21.5p. The company noted it had continued to consolidate its large exploration licences in an emerging mineral province in Papua New Guinea and discovered the Otibanda Prospect which had continued to grow in size and scale. The group made good progress with the development of its furnaces in Africa and continued an aggressive exploration programme with Newmont Mining Corporation in Vietnam. In the six month period to 30th September, pre-tax losses widened to 582,000 pounds from 500,000 pounds, with the loss per share rising to 0.62p from 0.56p. No dividend was paid.
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