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IN BRIEF: Tlou Energy Loss Widens Amid Hefty Impairment

Mon, 21st Sep 2020 21:18

Tlou Energy Ltd - Botswana and southern Africa focused exploration firm - Pretax loss in year ended June widens to USD13.3 million from USD3.2 million. Posts no revenue, like in year prior. Reports USD10.6 million in exploration impairments, against none a year earlier.

Current stock price: 1.70 pence

Year-to-date change: down 63%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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