Liquefied natural gas and helium company Renergen said on Monday it was shifting all of its focus into bringing its Virginia gasfield project online, after its interim loss deepened due to once-off costs related to its listing on the Australian Securities Exchange (ASX).

The JSE-listed renewable-energy group raised R103m during its initial public offering in June on the ASX, but loss after tax widened 129% to R39.9m, with the company reporting a headline loss a share of 35.24c, from 19.43c previously.

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