ALTN Altyngold Plc

        
    Hambledon Mining Plc
    ("Hambledon")
    18 November 2008
    VAT Refund
    Hambledon reports that it has received the first instalment of a VAT cash refund from the tax authorities in
Kazakhstan totalling some Tenge 37m, (approx �206,000) relating to the period April to June 2008. A further VAT cash
refund of Tenge 60m (approx �334,000) is expected to be received in January 2009 in respect of July to September 2008.
VAT refunds can only be made in respect of quarters where export sales have occurred.
    Owing to uncertainty over the process of recovery of VAT in Kazakhstan, Hambledon's previous policy was to write off
VAT as incurred.
    Enquiries:
 Hambledon Mining:
 Telephone +44 (0)20 7233 1462
 Charles Zorab
  
 Fairfax I.S. PLC:
 Telephone +44 (0)207 598 5368
 Nominated Adviser and Broker
 Ewan Leggat
    
    

Altyngold (LSE:ALTN)
Historical Stock Chart
From Jun 2024 to Jul 2024

Altyngold (LSE:ALTN)
Historical Stock Chart
From Jul 2023 to Jul 2024