LEIGH Creek Energy has reported a net annual loss for FY2020 of $7.2 million as the company continues to invest in advancing work on the commercialisation of the Leigh Creek Energy coal-to-gas project in South Australia.
The company said it had ample reserves of cash with $6.8 million on its books as at June 30 2020.
Leigh Creek Energy managing director Phil Staveley said the company finished FY2020 in a secure financial position, with funds in the bank and nil debt. "This allows us to continue to work confidently...
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