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Abal Group (formerly on AIM) to relist as Supply@Me, a growing innovative "inventory monetisation" platform, having originated more than EUR300m of prospective "inventory monetisation deals" in its first six months of operating (to June 2018). In the first half of 2019, an additional prospective EUR300m was originated. As at the date of the publication of the Prospectus and Circular to Abal shareholders, dated 4 March 2020 , EUR972m of prospective contracts have been originated. Raising £2.2m. D
Companies: ALTN VAST WSG IHC TMO BST DUKE EQT GRL
Hybridan
Altyn (ALTN LN) has announced that it has successfully applied for a loan of US$17m from the Kazakh Bank JSC “Bank Center Credit” (BCC). This is a major step forward for the company which will enable it to execute its muchanticipated growth strategy targeting over 100kozpa at AISC of less than US$500/oz. The loan has a seven year term with interest of 6%pa.
Companies: AltynGold Plc
VSA Capital
AMRYT PHARMA PLC— a biopharmaceutical company focused on developing and delivering innovative new treatments to help improve the lives of patients with rare or orphan diseases have raised $60m before expenses and will relist on the AIM Market on the 25/09/2019
Companies: 88E CTR EAH ALTN SIS KRM RGO ACP SRC CGNR
Altyn (ALTN LN) | Shefa Yamim (SEFA LN)
Companies: AltynGold Plc (ALTN:LON)Shefa Gems Ltd (SEFA:LON)
This Morning’s News Altyn (ALTN LN)
VR Education Holdings—a virtual reality software and technology company. Raising £6m, mkt cap c €22m. Due 12 March SimplyBiz, a Financial Services Firm, reported to be considering an IPO targeting a market capitalisation of between £140m and £155m in a listing that would raise £30m of new money. Bacanora Lithium—Readmission. No new money. Mkt cap £140m. Due 21 March. the new holding company for Bacanora Minerals Ltd Stirling Industries—Acquisition vehicle focusing on industrials. Offer TBA. D
Companies: FDBK ALTN AVAP OMIP TRX TENG GROW WATR FAL CGNR
Altyn (ALTN LN) has announced robust production results of 16.7koz for 2017, up 52% YoY beating our estimates of 16.1koz. Production in H2 2017 of 9.4koz was up 28% versus the immediate prior period.
Altyn (ALTN LN) has reported interim results for H1 2017. ALTN has successfully reached its underground mining rate of 30kt per month, however, due to maintenance work and delayed access to higher grade ore zones, production in Q2 2017 was negatively impacted. Therefore, while H1 2017 production of 7.3koz was up 98% YoY this was weighted to Q1 in which 4.2koz were produced, compared to 3koz in Q2 2017.
This Morning’s News Altyn (ALTN LN) Sula Iron & Gold (SULA LN)
The closure in 2016 of the open pit at Sekisovskoye in Kazakhstan marks the beginning of Altyn’s (ALTN LN) transition towards 100kozpa of gold at cash costs of below US$550/oz. The transition requires around US$48m, largely to expand ore handling capabilities and underground development, and ALTN raised US$12m in 2016. The current plant requires just 150ktpa expansion to reach design capacity of 1mnpta, significantly reducing capex requirements. The end of open pit production and start of underg
The last twelve months have been good for Altin AG (Altin). Its NAV has grown 5.0%, providing confirmation that it offers a lower volatility solution with distinctly different sources of return, and its discount has narrowed, boosting share-price returns (11.4%). Despite this, a major shareholder (32% holding) is requesting a dividend equivalent to 28.2% of Altin’s net assets (to the disadvantage of most other investors) and the replacement of three of its four-strong board. We think that these
QuotedData Professional
The last twelve months appear to have been good for Altin. Its NAV has grown 5.0%, providing support for its stance that it offers a lower volatility solution with distinctly different sources of return, and its discount has narrowed, boosting share price returns (11.7%). Despite this, a major shareholder (32% holding) is requesting a dividend equivalent to 28.2% of Altin’s net assets (which could have tax implications for some investors) and the replacement of three of its four directors. The b
QuotedData
Research Tree provides access to ongoing research coverage, media content and regulatory news on AltynGold Plc. We currently have 0 research reports from 4 professional analysts.
Since November, the JOG share price has moderated from a high of 250p to current levels of 149.5p. This is despite JOG having now made significant progress towards FID on its c.70mmboe Buchan project, with FID upcoming later this year. In our view this share price move is unjustified, with current levels further enhancing the value on offer, and making an attractive opportunity for investors.
Companies: Jersey Oil & Gas PLC
Zeus Capital
i3 Energy has announced that it has refinanced its Trafigura straight-line amortising facility with a traditional RBL facility provided by a Canadian chartered bank. We believe that i3 Energy's shareholders stand to benefit considerably from the restructured balance sheet because it is significantly better adapted to the company's needs, in our opinion. We believe the new RBL facility will free funds for growth and provide better long-term balance sheet stability, while significantly reducing in
Companies: i3 Energy Plc
WHIreland
i3 has announced a refinancing of its C$75m Trafigura debt facility, increasing liquidity for the company to pursue further growth initiatives. i3 has also announced its end 2023 reserves update, showing significant replacement of production during the year.
Diversified Energy, Touchstone Exploration, Savannah Energy, Chariot, Plexus Holdings, Energean, Gulf Keystone Petroleum, PetroTal Corp, Ithaca Energy, Pantheon Resources, Serinus Energy, Angus Energy, Aker BP, Equinor, BlueNord ASA, Invictus Energy Source: FactSet, weekly change 18/03/24-22/03/24 Oil edged lower to settle below $81 a barrel after a stronger dollar curbed investor appetite for commodities, offsetting signs of a tighter global crude market. Refined product supplies are looking m
Companies: TXP POS SAVE DEC CHAR
Cavendish
Companies: Good Energy Group PLC
Canaccord Genuity
Results demonstrate Bretana cash flows that allow growth CAPEX and dividends. PetroTal has produced a solid set of 2023 results. These show the cash flow generating capability of the company’s Bretana field in Peru, which enables PetroTal to both expend growth CAPEX while also making material returns to shareholders.
Companies: PetroTal Corp.
Companies: FOG PEB KBT EMR TIME GETB JNEO
The company's business structure is evolving and diversifying into several compelling and complementary businesses. The opportunistic, potential sale of its producing shallow assets would represent a significant change and the company's openness to realise value from that sale speaks to the company's prioritisation of shareholder interests and shareholder value creation. The current year will be significant for many of the company's growth businesses as they establish their first significant com
Companies: Caspian Sunrise PLC
Central Asia Metals (CAML LN) reported full year earnings with net revenue of US$197m down 12% YoY (-1% against VSA estimate) owing to lower commodity prices and modestly lower output albeit comfortably within guidance. EBITDA of US$97m was down 27% YoY marginally below our estimate as the lower top line combined with inflationary pressure. However, group COGS ex-D&A increased 8% YoY, far lower than in-country inflation. A flagged increase in taxation in Kazakhstan meant that net income was US$3
Companies: Central Asia Metals Plc
• YE23 2P reserves were estimated at 11.8 mmboe, including 0.7 mmboe for Canada and 4.6 mmboe non-core, leaving 6.5 mmboe for the company’s core Colombian assets. This compares with 2.1 mmbbl at YE23 plus 3.9 mmbbl for Carrizales Norte reported in September for a total of 6 mmbbl. Adding back 0.6 mmbbl (net) produced at Tapir in 2023 suggests that Arrow has added 1.1 mmbbl at its core Colombian assets since the latest reserve reports (September 2023 for Carrizales Norte and YE23 for the other a
Companies: Arrow Exploration Corp.
Auctus Advisors
Companies: Diversified Energy Company PLC
Tennyson Securities
• FY23 production, YE23 net cash and YE23 reserves and resources had been reported previously. • The FY24 production guidance of 21.5-24.5 mbbl/d with US$205-235 mm opex and US$135-155 mm capex has been re-iterated. • Current production continues to be high, with average production for the first half of March of ~23,000 bbl/d, including ~7.9 mbbl/d for Jasmine, 7.2 mbbl/d for Nong Yao, 2.9 bbl/d for Manora and 4.9 mbbl/d for Wassana. Production at Wassana is particularly high. • Valeura will als
Companies: Valeura Energy Inc.
Companies: FOG TND BVXP ACC HDD
Companies: PMG DUKE CMCL BOOM
Companies: Pantheon Resources plc
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