Wishbone Gold posts an H1 pretax loss of $185,247, from a loss of $469,998. No gold trading results were included in these results, but Precious Metals International and Black Sand FZE were following their February acquisition.
"Black Sand FZE has now signed supply agreements with companies in Peru, Ghana, Chile and Colombia," the company said.
"It normally takes around three to four months to integrate a company into the supply chain because gold trading is a highly regulated business and in the Wishbone group we are insistent that the entire supply chain complies with OECD guidelines on precious metals trading.
"Currently we are shipping gold from Ghana and Peru. We are on track to meet our year end target of shipping 100 kilos per week. In addition the Company has contracts under negotiation for further suppliers in the above and other countries."
At 10:43am: (LON:WSBN) Wishbone Gold PLC share price was -0.07p at 0.76p