SHARES in ATH Resources almost halved in value yesterday as the opencast miner warned it was in talks with bankers over its loans after being hit by plunging coal prices and a multi-million-pound carbon credits bill.
ATH, which operates mines in Ayrshire, Dumfries and Galloway and Fife, is now worth just £2 million after its shares closed at a new low of 5p, down 4.5p or 47.4% on the day.
This is less than one-eighth of the company's value at the start of the year when its shares were trading at 42p.
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