Source - Alliance News
Panthera Resources PLC - gold exploration and development company with assets in India and West Africa - On Friday, reports a pretax loss of $3.2 million in the year ended March 31, widening from a loss of $3.1 million the year prior. Records no revenue, unchanged from the previous year. Exploration costs reduce to $940,028 from $1.4 million, while administrative expenses rise to $1.3 million from $1.0 million. Says that during the year it was focused on adding value to its West African gold projects and seeking a resolution to the impasse over the permitting of the Bhukia project in Rajasthan, India.
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