Red Emperor Resources NL - West Perth, Australia-based AIM cash shell - Posts pretax loss for six months to December 31 of USD365,879, narrowing 27% from USD498,016 the year prior. Other income increases to USD40,009, versus not featuring the year before. Exploration expenditure "written off" narrowed to USD12,588 from USD93,999. Says it has continued to evaluate potential deal opportunities in the global oil and gas sector, adding that there were also a number of potential projects considered in the wider natural resources sector outside of oil and gas.
Current stock price: untraded at 0.76 pence
By Greg Roxburgh; gregroxburgh@alliancenews.com
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