Borders & Southern Petroleum PLC - Falkland Islands-focused oil and gas exploration company. Pretax loss narrows in 2023 to $1.1 million from $1.4 million the year prior. Cash balance at year end $1.9 million, down 30% from $2.7 million. Administration expenses fall 8.3% to $1.1 million from $1.2 million. Company to continue focusing on progressing development of the Darwin discovery.

Current London stock price: 2.40 pence

12-month change: down 11%

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