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MetalNRG expects progress across portfolio in 2021

The group recently announced a £2.3mln fundraise for Goldridge gold project

MetalNRG -

MetalNRG PLC (LON:MNRG) said it came out of 2020 stronger than it went in and expects to make progress across its portfolio with the possibility of additions.

The group recently set up a venture with EQTEC to develop biomass and waste-to-energy projects in the UK, which adds to oil and gas assets in Romania and the UK, a stake in Lake Victoria Gold, the Goldridge asset in Arizona and uranium group IMC in Kyrgyzstan.

The group recently announced a £2.3mln fundraise with the money earmarked for Goldridge gold project.

Losses in the year to end-December 2020 were £810,000 (2019: £585,00).

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Price: 0.5 GBX

Market Cap: £5.05 m

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