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IN BRIEF: Rockfire Resources builds strong cash position in 2023

ALN

Rockfire Resources PLC - London-based mineral exploration company - 2023 pretax loss widens to £1.8 million from £753,212 the year prior. No revenue generated yet. Cash and cash equivalents increase to £425,619 from £37,005. Acquisition strategy failed to be implemented. Principal focus is on developing Molaoi base metal project in Greece.

Current London stock price: 0.17 pence each

12-month change: down 45%

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