Pembridge Resources' Gati Al-Jebouri presents new company strategy which includes extending the investment portfolio, focussing on investments in the de-carbonisation of the energy market.
The company's unaudited balance sheet as at 31 December 2021 shows equity of US$10.9mln, which is a significant improvement on the negative equity situation as at 31 December 2020.
The strategy sets out a preference for projects that are in production or close to production stage and have technical reports confirming resources and/or reserves.