Bluebird Merchant Ventures Ltd - South Korea-focused gold company primarily focused on bringing historic mines back into production - Reports a pretax loss of USD216,262 in the first half of 2023, narrowed significantly from a loss of USD853,955 the previous year. Narrowed loss comes as the company recorded a USD286,683 finance gain and USD95,613 exchange gain compared to the losses recorded in the year prior. Declares no dividend. Expects to have "full clarity" on the potential of its three projects by the next time it reports.
Current stock price: 0.74 pence, up 10% in London on Tuesday afternoon
12-month change: down 72%
By Heather Rydings, Alliance News senior economics reporter
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Bluebird Mer (BMV)