Blencowe Resources PLC - natural resources company focused on the development of the Orom-Cross graphite project in Uganda - Reports total comprehensive loss of GBP329,681 for six months to end of March, slimmed from GBP481,752 a year ago. Administrative fees and other expenses fall to GBP304,238 from GBP481,752.
"Blencowe remains a firm believer that the push for renewable energy will continue gathering huge momentum moving forward, and the transition from fossil fuel engines to electric vehicles will play a central role in this," company says.
Current stock price: 6.90 pence, up 6.1% on Wednesday
Year-to-date change: down 9.5%
By Lucy Heming;Â lucyheming@alliancenews.com
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Blencowe Resou. (BRES)