Helium One Global Ltd - London-based helium explorer in Tanzania - Narrows pretax loss to USD1.8 million in the half year that ended December 31 from USD3.5 million a year before. Books no revenue in either period. Helium says it delivered an "aggressive" exploration programme at the Rukwa project in Tanzania during the six months. Adds it has now moved on to the second phase of this exploration. Looking forward, company says it is in a "strong" position to deliver "another ambitious exploration programme" and deliver a discovery at the Rukwa basin.
Current stock price: 9.00, down 2.7% in London
12-month change: up 23%
By Heather Rydings; heatherrydings@alliancenews.com
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Helium One (HE1)