Oriole Resources PLC's (LON:ORR) Tim Livesey and Bob Smeeton talk to Proactive London's Katie Pilbeam about their final results for the year which ended 31 December 2020. Smeeton says despite the challenges of Covid-19 they are in a 'good position coming out of an unprecedented year of uncertainty'.
With an operating loss of £0.34 million reported for the year to 31 December 2020, compared to a loss of £1.41 million in the prior year.
In Cameroon, the firm is a third of the way through its 3,080 metre drill programme at the Bibemi gold project. Livesey also updates the market on the agreement reached with joint venture partner IAMGOLD Corp (IAMGOLD) over funding the exploration work at the Senala gold project in Senegal.