Emmerson PLC (AIM:EML, OTC:EMSNF) booked a loss before tax of US$2.77mln in the year to December 2021.
The company closed out the year with cash of just over US$10mln.
Tower Resources PLC (AIM:TRP), the oil and gas company focused on Africa, said the potential value of all of its projects has increased during the pandemic.
In its full-year results covering 2021, the AIM-listed company said that while the pandemic had presented operational problems over the last two years, it was also a period when the world woke up to the consequences of several years of underinvestment in the oil and gas industry. As a result, the price of oil has risen substantially, which has buffed up the economic case for Tower’s projects but has also led to increased drilling activity around the world and with it longer lead times and higher prices for rigs and services.
Greatland Gold PLC (AIM:GGP, OTC:GRLGF) has commenced its 2022 exploration programme under the Juri joint venture with partner Newcrest Mining Limited (ASX:NCM) in the highly prospective Paterson province of Western Australia.
Drilling will take place on three high-priority targets across the Paterson Range East and Black Hills licences.