Hot Rocks Investments plc, GB00B1WV3198

Hot Rocks Investments plc / GB00B1WV3198

31.12.2024 - 11:54:11

Hot Rocks Investments plc: Interim Results

Hot Rocks Investments plc (HRIP)


31-Dec-2024 / 10:54 GMT/BST


      HOT ROCKS INVESTMENTS PLC              
                       
      ("Hot Rocks" or the "Company")            
                       
UNAUDITED INTERIM FINANCIAL INFORMATION FOR THE SIX MONTHS ENDED 30TH SEPTEMBER 2024      
                       
MANAGING DIRECTOR’S STATEMENT                
                       
I hereby present the interim results for the Company for the six months ended 30th September 2024.          
                       
The Company is an active investor in small companies that have the potential for significant growth.          
The Company made a total comprehensive profit of GBP176,162 for the period. The Company will not be paying a dividend.   Cash at bank at 30th September 2024 was GBP 341,960.        
  We hold equity and / or loan and / or warrant positions in the following entities:              
                     
D3 Energy                  
Elephant Oil Corp                  
Mafula Energy Limited                  
Electrum Discovery Corp                
Minergy Limited                  
Mosi Copper Limited New Horizon Oil & Gas Limited                
Orcadian Energy Plc Oscillate Plc Phoenix Digital Assets plc                  
Pilar Gold Inc                  
Rift Resources Limited                    
Royal Road Minerals Limited                
Supernova Digital Assets plc Trigon Metals Inc Tucano Gold Inc Unicorn Mineral Resources plc WeShop Holdings Limited                  
                       
Gavin Burnell                  
Managing Director                
31 December 2024                   
                       
                       
                                   
                       
                           
                       
HOT ROCKS INVESTMENTS PLC CONDENSED STATEMENT OF COMPREHENSIVE INCOME        
FOR THE SIX MONTHS ENDED 30TH SEPTEMBER 2024              
          6 Months 6 Months Year to        
          to 30.9.24 to 30.9.23 31.3.24        
Continuing operations                
                       
Revenue       0 0             0        
                       
Operating expenses     (42,908) (30,882)  (67,719)        
Foreign exchange gain(loss) on available -for-sale financial assets                                                             0 4,358         775        
  Other gain(loss) – sale of financial assets at fair value through profit & loss account                                                                     173,513 (15,061)              0        
                       
Fair value gains(losses) on financial assets                                                45,917 (218)       113,928        
                                      _______             ______ ______        
Profit(loss) from operations before taxation    176,612      (41,367)   46,984        
                                                                                                     
Corporation tax     0 0            0        
           ________           _____ ______        
Profit(loss) for period     176,162      (41,367)  46,984        
                       
                       
Total comprehensive income(expenditure) for the period 176,162 (41,367)  46,984        
                       
                       
Profit(loss) per share (pence)                
                       
Basic       0.10 (0.02)      (0.03)        
                       
Diluted       0.10 (0.02)      (0.02)        
                       
                       
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