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ATH Resources plc (AIM:ATH), one of the UK's largest coal producers, reports its Preliminary Results for the year ended 2 October 2011.
Alistair Black, Chief Executive of ATH, commented: "This has been a challenging period for ATH, with the Group's legacy contracts, difficult mining conditions and higher input costs (particularly gas oil), continuing to impact performance. However, the Group's renegotiation of one of its remaining legacy contracts together with the development of the Group's project pipeline, will provide a firmer platform for ATH's business going forward."
For further information:
|ATH Resources plc|
|David Port, Executive Chairman||+44 (0) 7836 693798|
|Alistair Black, Chief Executive||+44 (0) 1302 760462|
|Seymour Pierce Ltd|
|Sarah Jacobs (Nominated Adviser)||+44 (0) 20 7107 8000|
|Richard Redmayne / Katie Ratner (Broker)|
|Sarah Hollins / Quincy Allan / Oliver Baxendale||+44 (0) 20 7398 7710|
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