Lithium and Pioneer Resources (ASX:PIO) reported a $1.5 million loss attributable to shareholders, for the half year ending 30 June 2017 a further deterioration in its headline result when compared to the same time last year.
The active mineral resources company’s exploration and evaluation spending firmed higher in the period to $1.6 million.
The company’s total revenue, falling to $13,500.
Meantime in good news its total equity bolstered ahead in the six months when compared to the prior corresponding period to $16.7 million.
Its shares are trading up 4.17 per cent to $0.03