Against the backdrop of the 26th UN Climate Change Conference of the Parties (COP26) we take a closer look at the rapidly developing technology and industries surrounding the evolution of the so-called hydrogen economy. Hydrogen is an energy vector or fuel that is capable of storing, transforming and transporting energy with zero emissions at the point of use. It can also be made by renewable energy sources. It is also the most abundant element in the universe accounting for some 75% of all matt
Companies: STA CZA 1PG AFC CWR CHAR EQT GTC HAYD IGAS ITM ORCP PPC RCDO RIO SNT TOU UKOG WG/
Arrow Exploration (AXL CN) C: Raising new equity in the UK – Arrow has raised £8.8 mm of new equity priced at 6.25p per share. The shares will start trading on AIM on Monday. Investors in the fund raising will also receive one warrant for every two new shares. The net proceeds of the fundraising are expected to be used to drill two wells at Rio Cravo Este, commencing by YE21.
GeoPark (GPRK US)C; Target price of US$27 per share: The dr
Companies: AXL GPRK GPRK IGAS LEK MAHAA PEN PEN RBD UKOG
Market update - 18/10/2021
Companies: IGAS SDX MSMN
Market update - 22/09/2021
Companies: JOG IGAS PPC
Market update - 20/09/2021
Companies: DELT IGAS UKOG
Market update - 16/09/2021
Companies: IGas Energy plc (IGAS:LON)Sound Energy plc (SOU:LON)
What’s cooking in the IPO kitchen?
According to Reuters Czech payments firm Eurowag plans to launch an initial public offering (IPO) in London in the coming weeks. The company, which counts private equity firm TA Associates among its owners and offers payments solutions for the transportation industry, is targeting a 2 bln euro ($2.36 bln) Mkt Cap, the sources said on condition of anonymity. The company's core customers are small companies with one to five trucks, which make up 80% of the indus
Companies: CRC IGAS KZG MHC PHC QFI SDG SGZ TRX
Market update - 06/07/2021
Companies: JSE IGAS PRD
Market update - 01/06/2021
Companies: TAL ECHO IGAS SOU PHAR
Market update - 13/05/2021
Companies: VLE HE1 IGAS
Companies: IGas Energy plc
Market Update - 11/02/21
Companies: Jersey Oil & Gas PLC (JOG:LON)IGas Energy plc (IGAS:LON)
IGas Energy (IGAS LN): RBL determination concluded, material financial headroom available Jersey Oil & Gas (JOG LN): Financial settlement reached with TGS Mosman Oil & Gas* (MSMN LN): Successful sale of Welch Project, Texas Zephyr Energy (ZPHR LN): State 16-2 well update and 2021 business aim
Companies: IGAS JOG MSMN ZPHR
President Energy (PPC LN): Positive strides amid difficult climate | IGAS Energy plc (IGAS LN): Partnership with Bayotech to produce hydrogen | Mosman Oil & Gas* (MSMN LN): Significant additional interest acquired in the Cinnabar Lease
Companies: PPC IGAS MSMN
Research Tree provides access to ongoing research coverage, media content and regulatory news on IGas Energy plc.
We currently have 82 research reports from 7
Jubilee today announce the full year results for FY 2021 ending in June 21. It was a year of continued progress with revenues up 143% to £133m (from FY 2020), adjusted PBT up 324% to £52m and eps up 93% to 1.8p/sh – an extraordinary year – but still only the beginning of the progression in our view. Continued developments in South Africa have led to a fully flexible chrome and chrome tailings solution at Inyoni. Supply from a wide variety of sources (Run-Of-Mine, new tailings from own operati
Companies: Jubilee Metals Group PLC
Jubilee operates several chrome-Platinum Group Metal (PGM) operations in South Africa. Growth will come from its Zambian two-refinery strategy where it is expected to produce upwards of 31kt/year of copper (in cathode and concentrate) with an, as yet, undefined contribution from cobalt. The strategy has benefited from the acquisition of the Nkana refinery from Mopani (Zambian-government owned), which provides many logistical and technical benefits to Jubilee. Jubilee remains on a growth trajecto
Pantheon Resources announced that it has raised $41m via an oversubscribed equity placing and retail offer priced at 65p/sh. The company also indicated that is issuing $55m of convertible bonds. The funding allows the company to fully execute its 2022 programme to assess 8 targets across three wells – four targets with the re-entry of Talitha #A and two targets each at Theta West and the company's 2H development well, which the company intends to bring on as a producer.
Companies: Pantheon Resources plc
Solaris Resources (“Solaris”, “SLS”) has announced its intention to place its non-core assets in Ecuador, Peru, Mexico and Chile into a separate entity, to be spun off as “Solaris Exploration Inc” in due course. Solaris Resources will continue to focus on its world-class flagship Warintza project, with a streamlined structure likely to boost its attractiveness to potential acquirers or strategic partners. Meanwhile, the newly created company will highlight other assets in the portfolio which cur
Companies: Solaris Resources Inc
Savannah today announces that it is amicably terminating its JV arrangement with Rio Tinto over the Mutamba Minerals Sands project in Mozambique. Savannah has been paid $9.5m (which translates into 0.4p/sh) in cash to relinquish the 20% it has earned in the project and will cease all activity in country. All staff will transfer to Rio Tinto.
Companies: Savannah Resources Plc
Canadian Overseas Petroleum Limited (COPL) is a seasoned E&P company, historically focused on Sub-Saharan Africa and more recently on the United States. Its strategy has been to use the expertise and experience of its proven management team to grow internationally and to diversify and balance its asset portfolio to generate stable cash flow from secure assets. COPL executed on this and transformed itself into a US onshore concentrated company with the opportunely-timed acquisition of Atomic, whi
Companies: Canadian Overseas Petroleum Limited
Deeside project update
Companies: EQTEC PLC
Companies: Shanta Gold Limited
Bluejay Mining PLC (“JAY”) has announced the completion of bulk sample pilot plant processing and further, final samples being sent for incremental customer evaluation. We view this as an important step for both validating the process flow sheet and ultimately securing offtake agreements for the remaining expected output. JAY has agreed a Master Distribution Agreement with a major Asian conglomerate for up to 340ktpa of Dundas’ anticipated 440ktpa annual output. We see future technical studies a
Companies: Bluejay Mining PLC
Savannah Resources is a hardrock lithium exploration and development company with a 100% interest in the Barroso Lithium Project in the Northern Portugal hosting 27mt at 1.06% Li2O for ~700kt LCE, the largest spodumene lithium resource in Western Europe. Project environmental permitting is currently in progress paving the way for the completion of the Feasibility Study and eventual project financing. The project benefits from the strategic location as Europe rapidly expands it Li-ion batteries a
We initiate coverage of Tungsten West Ltd (“TUN” or “the company”) with a GBp144/sh price target. TUN is focussed on the re-opening of the Hemerdon Tungsten Mine in Devon, UK, which was previously owned and operated by Wolf Minerals (UK) Ltd (“Wolf”). Since acquiring the project in Nov’19, TUN has resolved issues encountered by Wolf and optimised the project further with new revenue streams and technology. In March 2021 TUN produced a Bankable Feasibility Study (“BFS”) for Hemerdon, validated by
Companies: Tungsten West Plc
Cornish Metals has now released the results of 10 drillholes at its continuing exploration programme at United Downs near Camborne. Including two holes drilled on the property by Cornish Lithium the drilling shows up to 5 mineralised structures with a total of twenty-two individual mineralised intercepts.
Even though the area has been mined intermittently between the early 1700s and the late 20th century, the drilling evidence bodes well for the delineation of additional mineral resources wh
Companies: Cornish Metals Inc.
Savannah Resources has sold its interest in the Mozambique mineral sands project (Mutamba) to JV partner Rio Tinto for $9.5m in cash. The payment has already been made to one of Savannah’s UK subsidiaries.
Given Barroso’s importance and capital requirements over the coming months, we view this as very good news. It allows management to dedicate all its time to Barroso and reduces future SAV equity dilution. Despite the strong lithium price and exceptional performance of ASX and TSX lithium sto
i(x) Net Zero, the investing company which focusses on Energy Transition and Sustainability in the Built Environment, announces its intention to join AIM. Following Admission, the Company intends to use the net proceeds of the proposed Fundraising to provide development and expansion capital to certain of its investee companies, for future investments in companies that fall primarily within its areas of interest in Energy Transition and Sustainability in the Built Environment and to provide work
Companies: TGN AFC COIN COIN HL/ OMI
Initiating Coverage: Price Target 20p
Potential Beyond Tin
AfriTin Mining Limited (ATM) is one of only three listed tin producers in Western markets. It has a large (820km2) land package in Namibia comprising 5 prospective licenses of which the Uis mine is the most advanced and already in production. Near term growth is being delivered with an 80% increase in tin production between 2022 and 2024. However, this is only scratching the surface and there are more than conceptual plans being fo
Companies: AfriTin Mining Ltd.