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Ariana Resources (AAU LN) – Annual results 20 years on
Asiamet Resources (ARS LN) – Completion of Phase 1 due diligence on the BKM copper project, Kalimantan
Eurasia Mining* (EUA LN) – Annual report highlights strong performance at West Kyltim PGM mine in Russia
Goldstone Resources* (GRL LN) – Restoration of trading
Tertiary Minerals* (TYM LN) – Drilling results from the Jacks copper project, Zambia
Companies: ARS AAU EUA GRL TYM
No Joiners Today.
Gi Group Poland has left the Main Market.
What’s cooking in the IPO kitchen?
Probiotix Health plc intends to join Aquis Stock Exchange Growth Market. ProBiotix develops probiotics (live microbes that, when ingested, can alter the composition of the microbiome, and improve human health) to tackle cardiovascular disease and other lifestyle conditions which are affecting growing numbers of people across the world. Mkt Cap and Capital to be raised TBC. Expected 31
Companies: TRAK ARS KRPZ MOS SRB
Anglo American (AAL LN) – Anglo American partners with EDF Renewables to secure 100% renewable energy supply for South Africa operations
Asiamet Resources (ARS LN) - Appointment of Darryn McClelland as CEO
Ferrexpo (FXPO LN) – Ferrexpo delay results with agreement of the FCA due to Russia's invasion of Ukraine
Rambler Metals & Mining* (RMM LN) – NPV Valuation: 168p/s - Gold streaming agreement
Serabi Gold* (SRB LN) – Drill results continue to define mineralisation at the Piaui prospect
Companies: ARS AAL FXPO RMM SRB
Kasei Holdings, a technology specialist investor that focuses on cryptocurrencies and blockchain technologies, has joined the AQSE (KASH) Growth Market 27 Oct. No funds being raised.
No leavers today.
What’s cooking in the IPO kitchen?
Ashtead Tech, subsea equipment rental and solutions provider for the global offshore energy sector to join AIM. The Directors have a high degree of confidence in the Group achieving no less than £52m of revenue, £21.5m of Adjusted EBITDA and £12.8m
Companies: TEK ARS IGE MKA RUA GGP KEFI KIBO
Altus Strategies* (ALS LN) - BUY – Valuation under review – Quarterly operations and financial update
Antofagasta (ANTO LN) – Chilean drought pulls back production guidance
Asiamet Resources (ARS LN) – Progress despite the challenges of Covid19 in Indonesia
Capital Limited (CAPD LN) – Record interims highlight strong mining sector recovery and positive outlook
Companies: ARS ALS ANTO
Alphawave IP Group is considering an IPO on the standard listing segment of the London Stock Exchange. Alphawave IP is a leading semiconductor IP company focusing on the hardest-to-solve connectivity challenges created by the exponential growth of data. Funds and accounts managed by BlackRock, and Janus Henderson, have each entered into cornerstone agreements with the Company to subscribe for, subject to certain conditions, in aggregate, c. USD 510m of Offer Shares at an offer price representing
Companies: CCS JADE ARS RBD SNX EEE 4BB WATR IMMO VASTN
tinyBuild— a leading video games publisher and developer with global operations. tinyBuild's strategic focus is in creating longlasting IP by partnering with video games developers, establishing a stable platform on which to build multi-game and multimedia franchises is to join AIM. Offer details TBC. Due mid-March. AMTE Power, a developer and manufacturer of lithium-ion battery cells for specialist markets, announced its intention to seek admission to trading on AIM. Admission is expected to ta
Companies: ARS XPF AQX ARTL KRS KBT GRP BOOM CNS ANIC
Anglo Asian Mining* (AAZ LN) – Termination of the proposed JV with Conroy
Asiamet Resources (ARS LN) – £10m fundraising
Beowulf Mining* (BEM LN) – 2020 results highlight progress in Kosovo and Sweden
Cornish Metals* (CUSN LN) – Warrants exercised
Phoenix Copper* (PXC LN) – Exercise of warrants follows recent economic update for Empire development project
Scotgold Resources* (SGZ LN) – Production update and management/Board changes.
Companies: ARS CUSN AAZ BEM PXC SGZ
Alba Mineral Resources (ALBA LN) – Thule Black Sands Project update | Asiamet Resources (ARS LN) – Non-binding agreement with Aeturnum Energy | Bezant Resources (BZT LN) - Xstract and Bezant subject to Contempt of Court proceedings | Central Asia Metals (CAML LN) – Q3 update: 2020 guidance upgraded slightly at Kounrad and reiterated at Sasa | Chaarat Gold* (CGH LN) – Kyrgyz Republic update | Hummingbird Resources (HUM LN) – Positive 2020 Yanfolila drilling results | Impala Platinum (IMP SJ) – Im
Companies: ALBA ARS BZT CAML CGH HUM ORR RBW SOLG
Companies: Asiamet Resources Limited
Adriatic Metals* (ADT1 LN) – Environmental approval at Veovaca | Altus Strategies* (ALS LN) – 1,600m diamond core drilling starts at Tabakorole | Ariana Resources* (AAU LN) – Q1 production on track to achieve 2020 guidance | Asiamet Resources (ARS LN) – Negotiations with Aeturnum Energy | Beowulf (BEM LN) – Parliamentary questions asked over delays to mining projects in Sweden | Bluebird Merchant Ventures (BMV LN) – Terms for South Korean debt facility funding expected shortly | Pure Gold Mining
Companies: ADT AAU ARS BEM BMV PGM SHG VAST ALS
Arc Minerals* (ARCM LN) –- Arc Minerals raises £2.37m at 1.7p per share | Asiamet Resources (ARS LN) – Progress on permitting the BKM copper project \ Aura Energy* - (AURA LN) – Further issue of shares | Ormonde Mining* (ORM LN) – Covid19 measures | Serabi Gold* (SRB LN) – Q1 results | Sibanye-Stillwater (SSW JSE) – CEO calls for South Africa to allow underground mines to run at full capacity | Sunrise Resources Plc (SRES LN) – CS Project environmental assessment
Companies: ARCM ARS AEE ORM SRB SRES
Research Tree provides access to ongoing research coverage, media content and regulatory news on Asiamet Resources Limited.
We currently have 159 research reports from 6
Companies: Savannah Energy Plc
Forecast and valuation update
Companies: IOG PLC
We are increasing our fair value estimate for Pantheon Resources to 208p, from under review (previously 184p). The change reflects what we believe was an unambiguously positive winter drilling campaign. This full note details the background analysis to the change in estimate of fair value, which includes a valuation table and an assessment of the forthcoming Alkaid#2 well.
Companies: Pantheon Resources plc
With several opportunistic but timely acquisitions in 2021, coupled with the recent surge in the oil price, Zenith Energy has, in our view, completely transformed itself and its value proposition to investors. While for various reasons it has not been easy for the market to fully recognise and reward this transformation, we expect 1) doubling production, 2) further strengthening of its balance sheet and 3) becoming Free Cash Flow (FCF) generative this year, will make it difficult for the market
Companies: Zenith Energy Ltd.
Alternative Resource Capital
AfriTin Mining (“ATM”) has announced another record-breaking quarter from Uis Phase 1. Tin production increased 13% QoQ to 152t for the three months to May (Q1 FY’23), supported by record recoveries, which along with cost initiatives drove a 16% improvement in All-In Sustaining Costs. The strong performance continues to support growth projects including incorporation of petalite lithium and tantalum by-products, upon which AfriTin recently announced positive drilling and metallurgical test work
Companies: AfriTin Mining Ltd.
Hannam & Partners
Chariot has signed a front-end engineering and design (FEED) agreement with Schlumberger and Subsea 7 (the Subsea Integration Alliance) for the Anchois gas development project. Chariot and the Subsea Integration Alliance will adopt a “one team” integrated and collaborative approach to fast-track first gas from Anchois to maximise the return on investment for all stakeholders. The scope of work covers all the development's offshore elements including well completions and subsea production systems
Companies: Chariot Limited
EQTEC has reached a key milestone in its Southport energy from waste project with the appointment of Anaergia as EPC and O&M partner. This is a complex project using multiple waste treatment solutions and we see EQTEC’s inclusion as a demonstration that it’s technology can combine with these to create an optimal outcome.
Companies: EQTEC PLC
RCS-1 flow testing results
Companies: Arrow Exploration Corp.
Wentworth has announced a positive operational update ahead of its AGM to be held later today. Daily production year-to-date (YTD) has averaged 92.2MMscf/d, a c15% YoY increase (2021: 79.9MMscf/d) and ahead of Wentworth's 2022 guidance of 75-85MMscf/d. As noted previously, the strong performance of the Mnazi Bay asset YTD has allowed Wentworth to increase its total dividend distribution in respect of 2021 to 1.7p per share, a yield of c7.1%. Mnazi Bay continues to supply Tanzania with half of th
Companies: Wentworth Resources PLC
Wentworth has announced the acquisition of a 25% non-operated working interest in the Ruvuma PSA from Scirocco Energy for an initial consideration of US$3m plus contingent payments of up to US$13m. The consideration is structured to ensure that the majority is only paid in a success case, providing Wentworth with a low-cost entry point into a high growth opportunity. The transaction has the potential to nearly double the Company's production by 2026 and add over 190Bcf of 2P reserves on a Final
EQTEC has accepted the offer of a loan with an up to 75% LTV on an existing waste to energy project in development in Greece. We think this shows that EQTEC’s technology is now able to demonstrate a commercial maturity ahead of most others in the sector. With the additional potential for funding support under the Recovery and Resilience Facility, the potential for both this and other EQTEC projects in Greece is strong.
• Section II of the Northern Peruvian Pipeline has been temporary re-opened.
• As a result, 0.72 mmbbl of PetroTal’s Bretana oil has been tendered at the Bayovar port by Petroperu for the July lifting. This oil previously entered the pipeline in late 2020 for which PetroTal was paid just ~US$45/bbl at the time.
• PetroTal will receive the difference between this price and the price at which Petroperu will sell the oil in July (~US$120/bbl), generating over US$60 mm of price adjustment true-up r
Companies: PetroTal Corp.
• 2022 YTD gross production was 92 mmcf/d, ahead of our expectations of 89 mmcf/d for 1H22.
• The FY22 production guidance remains unchanged at 75-85 mmcf/d. It looks very conservative in our view.
• The company currently holds US$26 mm in cash and no debt. This is in line with our expectations.
• TPDC continues to be current with regards to receivables.
• We re-iterate our target price of £0.45 per share.
Steady growth and dividend
Our Core NAV for the company based on its 2P reserves only i