Alba Mineral Resources (ALBA LN) – Disposal of 5% interest in Brockham oil field to Angus Energy Altus Strategies* (ALS LN) - Royalty and project generation engine Beowulf Mining* (BEM LN) – Letter to Minister Baylan Bluejay Mining* (JAY LN) – Chinese ilmenite prices rise Condor Gold* (CNR LN) – Infill geotechnical drilling at La India to help firm up the open-pit design parameters Kavango Resources (KAV LN) – EM anomaly identified at KSZ project Kodal Minerals* (KOD LN) –Ganfeng to pay
Companies: ALS BEM JAY CNR KAV KOD ALBA
Alba Mineral Resources (ALBA LN) – Disposal of 5% interest in Brockham oil field to Angus Energy Altus Strategies* (ALS LN) - Royalty and project generation engine Beowulf Mining* (BEM LN) – Letter to Minister Baylan Bluejay Mining* (JAY LN) – Chinese ilmenite prices rise Condor Gold* (CNR LN) – Infill geotechnical drilling at La India to help firm up the open-pit design parameters Kavango Resources (KAV LN) – EM anomaly identified at KSZ project Kodal Minerals* (KOD LN) – Ganfeng to pay
Companies: ALBA ALS BEM JAY CNR KAV KOD
Beowulf Mining* (BEM LN) – Fennoscandian awarded €791k from Business Finland Botswana Diamonds (BOD LN) – Drilling at Thorny River likely to resume in August Condor Gold* (CNR LN) – Infill drilling underway at Mestiza Greatland Gold (GGP LN) – Drilling continues to expand Havieron Kavango Resources (KAV LN) – Drilling to commence at KSZ Mkango Resources* (MKA LN) – Mkango amplifies its plans for a rare earths separation plant in Poland Thungela Resources (TGA LN) – Chinese prioritisation o
Companies: MKA TGA BEM BOD CNR GGP KAV
Beowulf Mining* (BEM LN) – Response to irrelevant leaked letter from UNESCO Cornish Metals* (CUSN LN) – South Crofty updates mineral resources with increased tonnage at depth KEFI Gold and Copper* (KEFI LN) – Changes to the Executive Bonus Plan Keras Resources* (KRS LN) – Keras commissioning new plant for high-grade organic phosphate at Diamond Creek, Utah Metal Tiger (MTR LN) – Mining contract at Motteo and additional investment in Pan Global Resources
Companies: CUSN BEM KRS KEFI MTR
Altus Strategies* (ALS LN) – Quarterly operational and financial update Beowulf Mining* (BEM LN) – Q1 results highlight progress in Kosovo and Finland Kodal Minerals* (KOD LN) – Drilling commences at Nielle gold project SolGold* (SOLG LN) – Compliance with UK Corporate Governance Code
Companies: ALS BEM KOD SOLG
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 Chaarat G
Companies: MKA ALS BEM JAY CGH PXC RRR SHG ATYM IRR
Beowulf Mining* (BEM LN) – FY 2020 results highlight progress in Kosovo and Sweden Bluejay Mining* (JAY LN) – BUY - Valuation 37.7p - Ilmenite prices continue to rise in China as consumers struggle to source material Cora Gold (CORA LN) – Annual results Cornish Metals* (CUSN LN) – CLICK FOR PDF – Annual results and progress report on United Downs drilling programme Empire Metals* (EEE LN) – Appointment of new Managing Director GoldStone Resources* (GRL LN) – BUY – 24.4p, CLICK FOR PDF - Gha
Companies: CUSN BEM JAY CORA EEE WRES GRL KEFI KOD RBW
Beowulf Mining* (BEM LN) – Updated corporate presentation Bushveld Minerals* (BMN LN) – Q1 report highlights continued optimisation of expansion plans for Vanchem and Vametco Berkeley Energia Ltd (BKY LN) – Amendment to draft climate-change bill in Spain Condor Gold* (CNR LN) – Q1 results and progress report on La India Horizonte Minerals (HZM LN) – Q1 results highlight £18m raised and progress with power line licence for the Araguaia ferronickel project Power Metal Resources* (POW LN) –
Companies: BKY BEM BMN CNR HZM KAV POW
Alba Mineral Resources (ALBA LN) – Results from the Clogau St David's mine Beowulf Mining* (BEM LN) – Scoping study contract awarded for Aitolampi Graphite Project Hummingbird Resources (HUM LN) – Dugbe drilling results Talga Resources* (TLG LN) – Scoping Study on graphite resources in Sweden
Companies: ALBA BEM HUM TLG
Parsley Box, the direct to consumer provider of ready meals to the 60+ demographic, recently announced its AIM IPO plans. Parsley Box provides ready meals, which are not required to be stored in a fridge or freezer, have a shelf life of up to six months and are cooked in minutes. The company reported revenue of £24.4m for the financial year ended 31 December 2020 (unaudited). Deal details TBC and admission is expected to occur late March/ early April 2021. Caerus Mineral Resources, a London base
Companies: HUM IDOX BEM GHH PYC GTC SYM BEG SENS
AfriTin* (ATM LN) – Uis tin mine Q4 and 2020 production report Beowulf Mining* (BEM LN) – MoU signed with EAMPL Bluejay Mining* (JAY LN) - BUY - Valuation 40p – Ilmenite prices rise 4% to $260-270/t W Resources (WRES LN) – Proposed share consolidation
Companies: ATM BEM JAY WRES
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
Research Tree provides access to ongoing research coverage, media content and regulatory news on Beowulf Mining PLC. We currently have 110 research reports from 5 professional analysts.
EQTEC have just announced that financial close has been reached on the planned recommissioning of the 1MW EQTEC Italia MDC plant. EQTEC technology is being used to recommission the plant which will use straw and forestry wood waste to create energy.
Companies: EQTEC PLC
i3 Energy announced that it is increasing its next-twelve-month net operating income guidance to $US44M (pro forma acquisitions and associated recompletions/drilling). Net of our estimated G&A expenditure of $US8.0M (£5.7M) that equates to an adjusted cash flow from operations estimate of $US36.0M (adjusted to nullify the effects of debt). That compares to our prior estimated adjusted cash flow from operations estimate of $US29.6M. The increase reflects operational activity, namely, the drilling
Companies: i3 Energy Plc
With drilling due to commence soon and recent reports of a US$450-500/t MOP price we feel it is worth having a more in depth look at South Harz Potash. The Company owns three perpetual mining licenses and two exploration licences covering 659km2 and results from over 300 exploration holes drilled by the former East German state potash mining company in the South Harz potash basin in central Germany. South Harz's European-based management is now focussed on developing Western Europe's largest pot
Companies: South Harz Potash Ltd
As midsummer’s day looms (where has this year gone?), there is greater optimism, in general, than may have been anticipated a few months ago. A post-pandemic, ‘vaccine-driven’ recovery demonstrated by increased consumer spending as lockdown measures are lifted has been one of the catalysts. The FTSE 100 has been range-bound in the last month 6,900-7,100. We have seen a combination of broadly positive company results across a range of sectors, further examples of M&A activity and a sequence of ne
Companies: AMYT ARBB ARW BAG BEG BONH BWNG CWK DNK EML EPWN FBD FA/ GPH GSF GNC HUW IGC INSE KAPE KP2 MMAG NRR NESF OTMP ROL RUA SEN SUR TON TOU TXP TGL VLS WINK
Trifast reported FY21 results slightly ahead of consensus with industrial activity recovering above pre-COVID levels. The group seems well set on a strong medium term growth trajectory, backed by its Multinational OEM strategy and with potential for consensus earnings upgrades through the current year. Reiterate buy.
Companies: Trifast plc
Bluejay Mining* (JAY LN) – Chinese ilmenite prices continue to rise Bushveld Minerals* (BMN LN) – Vanadium prices continue to rise in China to ~$37.7/kgV Keliber – Environmental challenges rejected by Finnish Court Zinnwald Lithium (ZNWD LN) – Acquisition of additional exploration licences in Saxony
Companies: JAY BMN ZNWD
KEFI Gold and Copper* (KEFI LN) – Progress report on Tulu Kapi and Saudi Arabian project Panther Metals (PALM LN) – Exploration target for laterite nickel cobalt mineralisation at Coglia Sunstone Metals (STM AU) – Reports over 500m of copper gold mineralisation in recent drilling at Brama
Companies: KEFI PALM STM
Falcon Oil & Gas has announced the commencement of the Company's 2021 work programme, starting with the resumption of clean-up operations at the Kyalla 117 well. The planned 2021 work programme will include multiple workstreams across three different plays in the Beetaloo, providing a near constant stream of news flow for investors. In addition to Falcon's comprehensive 2021 work programme, activity is expected to increase significantly across the rest of the Beetaloo, with the drilling of up to
Companies: Falcon Oil & Gas Ltd.
Full-year results were in line with expectations. Cost controls contained the reduction in profits, with adjusted EBIT margin down 150bps to 6.4%, while a focus on cash resulted in cash conversion of 148%. With net cash of £13.3m, the group is in a strong position to step up its acquisition strategy in a fragmented market. Some short-term cost and supply chain issues have previously been flagged, which affect short-term margins, but should be recouped. No change to forecasts or our 187p price ta
Lancaster production approval
Companies: Hurricane Energy Plc
AUCTUS PUBLICATIONS ________________________________________ Challenger Energy (CEG LN)C; Target of 12p per share: Drilling update in Trinidad - The Saffron well penetrated various Middle Cruse zones including hydrocarbons zones as prognosed pre-drill, and with drilling rates and impact on surrounding clays and mobile shales improved significantly from Saffron-1 owing to the use of synthetic-based muds and a solid foundation for drilling design in any future field development. Initial petrophysi
Companies: VOG LUPE TLW WEN SOU AKRBP AKERBP REP REP I3E HUR EQNR EQNR ENI ENI
The digital brand protection and online threat hunting solutions specialist has announced its full year results the year ended 31 December 2020 (FY20A), confirming annualised recurring revenue (ARR) growth of 71% to $3.3m at year end and continued strong growth in the first half of 2021, with the May ARR figure standing at $3.8m, a 93% increase relative to May 2020. ARR is the key metric for assessing SaaS (Software as a Service) companies, and BrandShield’s swift progress to date confirms it is
Companies: BrandShield Systems plc
The Calabar power station, which accounts for the majority of Savannah’s Nigerian gas sales, has entered a new power supply agreement with the Republic of Togo, with more in discussion, raising the prospect of meaningful increases in Savannah’s gas supplies to the plant. These additional volumes will come at negligible additional cost, leveraging the bottom-line impact. The recently signed Mulak Energy gas sales agreement demonstrates this, boosting our 2022 earnings by 8% and our risked-NAV and
Companies: Savannah Energy Plc
• Gas demand in Tanzania continues to be very high with YTD production averaging 80.3 mmcf/d, well above last year (58.1 mmcf/d). While gas demand is normally low during 2Q (because of hydro), we estimate 2Q21 production at ~75 mmcf/d. • As a result, Wentworth is increasing its production guidance for 2021 from 65-75 mmcf/d to 75-80 mmcf/d. • At the end of May, Wentworth held US$21.5 mm in cash and no debt. This is close to our expectations of US$21.4 mm at the end of June. This also implies th
Companies: Wentworth Resources PLC
Operational updates
