Rose Petroleum plc

The Stockmarket Reporter

18-November-2004

Share is mineral prospector Vane Holdings also gained....

Shares in mineral prospector Vane Holdings also gained, despite posting a widening interim loss, after the company said all its work programmes are on schedule and under budget. In the 6 months to September 30th, the group posted a pre-tax loss of 288,000 pounds compared with a loss of 209,000 in the same period last year. The group said it will continue to fund the ongoing programme of exploration and development and it has sufficient cash resources to maintain the tempo of this programme until Diablito enters production and begins to generate revenue for the group. The shares added 0.5p to 9p