IGas Energy plc’s revenue during 2020 nearly halved and debt doubled while the group increased investments and its reserves were upgraded. The group’s full year results ended 31 December 2020 showed revenues of £21.6 million (2019: £40.9m), with average production of 1,907 boepd (2019: 2,325 boepd). Net debt was reported at £12.2m (2019: £6.2m) and […]
Day: 15 November 2024
Red Rock Resources raises £7,352 via warrant exercise
Red Rock Resources plc has raised £7,352.94 following notices to exercise warrants over 980,392 new ordinary shares of 0.01 pence each in the company. The warrant shares are being issued pursuant to the exercise of 980,392 warrants into shares at an exercise price of 0.75 pence per share.
Alba to restart exploration at lead-zinc project in Limerick
Alba Mineral Resources plc said it would restart exploration including drilling after it had identified three main target zones at its Limerick base metals project in Ireland. TARGETS A structural review showed three exploration target areas lie within PL3824, each with a number of structural and geological features found in zinc-lead deposits in the Irish […]