31st May 2024 14:47
Borders & Southern Petroleum PLC - Falkland Islands-focused oil and gas exploration company. Pretax loss narrows in 2023 to USD1.1 million from USD1.4 million the year prior. Cash balance at year end USD1.9 million, down 30% from USD2.7 million. Administration expenses fall 8.3% to USD1.1 million from USD1.2 million. Company to continue focusing on progressing development of the Darwin discovery.
Current London stock price: 2.40 pence
12-month change: down 11%
By Elijah Dale, Alliance News reporter
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