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Investegate, GCM Resources extends memorandum of understanding with PowerChina by BFN News From InvestEgate
GCM Resources extends memorandum of understanding with PowerChina
TRADING UPDATES: Block Energy 2020 revenue jumps; Kanabo loss narrows Wed, 2nd Jun 2021 19:10 (Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Block Energy PLC - development and production company focused on Georgia - Reports revenue for 2020 of USD1.3 million compared to USD310,000 the year ago, resulting in pretax loss of USD5.5 million versus USD6.1 million in 2019. Block Energy says production of oil and gas from the two horizontal wells in its West Rustavi licence area was suspended in A...
This continues to enable PowerChina to have continuing discussions in regards to a higher participation in the Project as part of the mine mouth...