Ariana Resources (AAU LN) – Apliki copper mine development agreement
BlueRock Diamonds (BRD LN) – Record production in Q3 ahead of expected step change in Q4
Chaarat Gold (CGH LN) – Kyzyltash 2021 drilling programme completed with metallurgical testwork results expected in H1/22
Greatland Gold (GGP LN) – Pre-feasibility study for South East Crescent zone at Havieron
Hummingbird Resources (HUM LN) – Kouroussa project economics, funding and timeline update
Power Metal Resources* (POW LN) – D
Companies: 2899 AAU BRD CGH GGP HUM POW
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Danakali has left the main market (Standard).
What’s cooking in the IPO kitchen?
Press reports that Law firm Mishcon de Reya has agreed a merger with life sciences specialist Taylor Vinters after recently confirming its plans to go public on the London Stock Exchange (LSE).
Eurowag confirms its intention to undertake an initial public offering on the Main Market (Premium). The Offer would be expected to comprise both (i) new Ordinary Shares to be issued by the C
Companies: TLY SYM FAB IOF MSYS CGH
Press reports that Law firm Mishcon de Reya has agreed a merger with life sciences specialist Taylor Vinters after recently confirming its plans to go public on the London Stock Exchange (LSE). Eurowag confirms its intention to undertake an initial public offering on the Main Market (Premium). The Offer would be expected to comprise both (i) new Ordinary Shares to be issued by the Company, raising gross proceeds of approximately EUR200m to support Eurowag's growth strategy and (ii) existing Ordi
Companies: ANGS ARG CGH EQT MSYS FAB ITS IOF SYM TLY
Chaarat Gold (CGH LN) – Interim results highlight stronger commodity prices
Condor Gold* (CNR LN) – PEA demonstrates robust economics for La India development
Empire Metals* (EEE LN) – 2,140m RC drill programme commences at Central Menzies
Greatland Gold (GGP LN) – Havieron continues to offer resource expansion potential
Lucara Diamonds (LUC CN) – Karowe underground expansion approved and fully-financed
Companies: LUC CGH CNR EEE GGP
Companies: CGH DEST HDD
Companies: Chaarat Gold Holdings Ltd.
Chaarat Gold (CGH LN) – CEO change
Hummingbird Resources (HUM LN) – Komana East Underground drilling results to extend life of mine at Yanfolila
Mkango Resources* (MKA LN) – Mkango to acquire 100% of both Songwe Hill and Magnito & £5.5m raised
Power Metal Resources* (POW LN) – Drilling continues at Silver Peak project
Versarien* (VRS LN) – Results highlight progress in developing graphene applications in multiple initiatives
Companies: MKA CGH HUM POW VRS
Altus Strategies* (ALS LN) - La Mancha launches La Mancha Fund, a Luxembourg based long only fund dedicated primarily to gold mining.
Ariana Resources (AAU LN) – Kiziltepe production guidance maintained
Castillo Copper (CCZ LN) – Quarterly report highlights the ‘Big One' prospect
Chaarat Gold (CGH LN) – Robust Kapan production in H1/21 with Tulkubash funding completion pushed to Q3/21
Glencore (GLEN LN) – Glencore to pay $9.85m to settle zinc rigging dispute
Jervois Mining (JRV AU) – Jervoi
Companies: SO4 ALS AAU CGH GLEN POW TYM CCZ JRV LYC
Chaarat announced a strong 1H21 as Kapan produced 25,896 gold equivalent ounces - 13,466 oz gold, 272,635oz silver, 852t of copper and 3,170t of zinc. This resulted in mine level EBITDA of US$13.5m and Kapan’s debt has been reduced to US$24m (Jun). Management has reiterated FY21 guidance of 57koz AuEq.
The main YoY changes were an increase in third-party ore processed - 70kt versus 10kt, and a gold equivalent grade improvement of 12%. Consistent supplies of third-party ore are to be expected go
Companies: COG CHAR MPE RBG PPC XSG XSG CGH GDR
Last week, Chaarat announced it entered a new Investment Agreement with Ciftay, one of its main engineering and mining contractors at Tulkubash. Previously, under a joint venture agreement, Ciftay earned 12.5% in both Kyrgyz gold projects, Tulkubash (near-term heap leach) and Kyzyltash (large scale underground), in return for US$31.5m of engineering and construction work (eg earthworks, haul road, ROM pad).
The new agreement replaces the JV; it sees Ciftay exchange its project level ownership
SP Angel . Morning View . Tuesday 25 05 21
Fed dovish comments lend support to risk sentiment
MiFID II exempt information – see disclaimer below
Altus Strategies (ALS LN) – 17,500m drilling programme starts at Diba eyeing MRE expansion
Atalaya Mining (ATYM LN) – Proyecto Riotinto East and Masa Valverde exploration
Beowulf Mining* (BEM LN) – MRE upgrade results in 12.5% resource increase at Kallak
Bluejay Mining* (JAY LN) – Drilling starts at Enonkoski in jv with Rio Tinto
Companies: MKA ALS BEM JAY CGH PXC RRR SHG ATYM IRR
Companies: IOF TRMR CGH
Bluejay Mining* (JAY LN) - BUY - Valuation 37.7p – 3,000m drill program scheduled for Enonkoski jv with Rio Tinto in Finland
Chaarat Gold* (CGH LN) – Q1 operational summary and Tulkubash update
Goldplat (GDP LN) – Sale of Kilimapesa gold mine completed
KAZ Minerals (KAZ LN) – Bidders win shareholder support to take miner private
Companies: JAY CGH GDP KAZ
Research Tree provides access to ongoing research coverage, media content and regulatory news on Chaarat Gold Holdings Ltd..
We currently have 95 research reports from 5
With the recent acquisition of producing assets in the US, Canadian Overseas Petroleum (COPL) has started a new chapter in its existence and has already transformed its value proposition to investors. Following the recent operational developments, we are already seeing potential for a significant additional value accretion in the next 12 months, not only from the producing Barron Flats Unit (BFU), but from several other opportunities as well. The potentially better-than- expected production ramp
Companies: Canadian Overseas Petroleum Limited
Diversified Energy Company (DEC) has announced a fourth acquisition within the Company's Central Region, acquiring a portfolio of upstream assets and related infrastructure from Tapstone Energy Holdings LLC and its related party, KL CHK SPV LLC. Oaktree Capital will co-invest in the acquisition, representing Oaktree's third co-investment since May this year. Importantly, Oaktree's participation provides important third-party validation whilst also affording Diversified additional liquidity and l
Companies: Diversified Energy Company PLC
We are initiating coverage of VAST Resources (VAST), which has wholly-owned Baita Plai and Manaila polymetallic mines plus an interest in two exploration projects, all located in Romania. The Company also has a JV agreement on the Chiadzwa Diamond fields in Zimbabwe and a conditional agreement for the acquisition of the past-producing Ghaghoo diamond mine in Botswana. At this stage, Baita Plai is the main driver for our valuation as it is currently being ramped up to 14kt per month. As such, we
Companies: Vast Resources plc
The results of the recent Extended Well Test (EWT) programme at the West Newton project site located within UK onshore licence PEDL183 (UJO: 16.665%) have confirmed that the WNA-1, WNA-2 and WNB-1z wells represent significant hydrocarbon discoveries within the Kirkham Abbey formation. In this regard, the operator has issued updated best estimate in-place hydrocarbons volumes for the wider licence area and will now sanction several external studies which will encompass a range of potential reserv
Companies: Union Jack Oil Plc
West Newton A-2 flow test and resource update
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Gymshark has started to put together plans for a stock market listing according to City A.M. The company hit a £1bn valuation just over a year ago and boasts customers in more than 130 countries. Gymshark was founded by teenager Ben Francis in 2012 in his parents’ garage with products that appeal to Gen Z consumers. Timing TBA
Rubix Group Holdings, the market leading pan-European distributor of industrial main
Companies: ZOO CUSN ECHO IDEA PURP TEK
Falcon Oil & Gas has announced the completion of the drilling of the Velkerri 76 appraisal well to a total vertical depth of 2,129m. Preliminary evaluation of the well is very encouraging and has confirmed the presence of four prospective intervals within the Amungee Member, proving both the continuation and the uniformity of the regionally extensive Amungee Member across the Beetaloo Sub-Basin. Analysis of the mud gas data taken during drilling has evidenced that the Amungee Member at the Velke
Companies: Falcon Oil & Gas Ltd.
Companies: Thungela Resources Limited
Based on the success of the Talitha #A well result, we are upgrading our fair value estimate for Pantheon Resources to 172p (from under review; and from a pre-drill fair value estimate of 89p). We believe that the Talitha #A result confirmed the presence of multiple oil-bearing conventional oil reservoirs that have success-case potentials of elephantine scale. Our valuation reflects only the potential of Pantheon Resources' prime assets for which resource estimates have been provided; namely, Th
Companies: Pantheon Resources plc
• 3Q21 production was 9,508 bbl/d in line with our expectations (9,500 bbl/d).
• From October 1 to October 11, production averaged 14,218 bbl/d, down from 15,131 bbl/d over the last 7 day of September and from 15,494 bbl/d over the ten-day average ended September 27. The reduction was due to a ~5.4% downtime and week on week fluctuations.
• Well 8H continues to perform extremely well with 7,485 bbl/d in 4Q21 to date (minimal decline compared to 7,700 bbl/d in average of the first 30 days of oper
Companies: PetroTal Corp.
H1 2021 results
Companies: Hurricane Energy Plc
EQTEC have just announced that it will be investing an additional £2.1m in the North Fork project In California to increase its equity from 10% to 49%. This forms part of EQTEC's wider strategy of ownership in projects to accelerate their development, both in terms of capital and expertise.
Companies: EQTEC PLC
EQTEC have signed an agreement for the proposed acquisition of a 5MW project in Drama, Greece. The plant will produce 5MW of energy from locally sourced forestry waste.
A resilient, low-cost production base, combined with a rising oil price, has helped underpin high levels of cash generation during Q3/21, laying the foundations for Trinity to accelerate investment and in-turn achieve longer-term production growth. Initial results from the continued interpretation of the onshore 3D seismic data have proved very encouraging, with several, potentially meaningful, new plays and leads already identified. Trinity expects to finalise an onshore drilling programme duri
Companies: Trinity Exploration & Production Plc
Light Science Tech Holdings (LST.L), the controlled environment agriculture technology and contract electronics manufacturing Group has joined AIM. Raising £5.2m. Market Capitalisation approximately £17.4m.
No Leavers Today.
What’s cooking in the IPO kitchen?
Gymshark has started to put together plans for a stock market listing according to City A.M. The company hit a £1bn valuation just over a year ago and boasts customers in more than 130 countries. Gymshark was founded by teen
Companies: NWT LTG ITM POW