Anglesey Mining plc              
  Annual Accounts 1998 Annual Accounts 1997

Profit and Loss Account

for the year ended 31 March 1997

    1997   1996
  Note £   £
         
Turnover - continuing operations   -   -
Net operating expenses   (97,040)   (44,357)
         
Operating loss - continuing operations   (97,040)   (44,357)
Interest receivable 3 3,718   2,966.
Interest payable 3 (5,124)   (8,180)
         
Loss on ordinary activities before taxation 2 (98,446)   (49,571)
         
Tax on loss on ordinary activities 5 -   -
         
Retained loss for the year 13 (98,446)   (49,571)
         
Loss per share - basic   (0.1) pence (0.1) pence
Loss per share - fully diluted   (0.1) pence (0.1) pence

The company has no recognised gains or losses other than the losses shown above and therefore no separate statement of total recognised gains and losses has been presented.

There is no difference between the loss on ordinary activities before taxation and the retained loss for the year stated above, and their historical cost equivalents.

  Annual Accounts 1998 Annual Accounts 1997

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  Anglesey Mining plc
Parys Mountain, Amlwch,
Anglesey, LL68 9RE, UK
  Phone  +44 1248 361333  
 mail@angleseymining.co.uk
 

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