SP Angel Morning View:

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) –

SP Angel Morning View:

Berkeley Energia Ltd (BKY LN) – Permitting and licensing payments to Spanish government entities Bluejay Mining* (JAY LN) - BUY, Valuation 29.4p – Research & Development Tax Credit Bushveld Minerals* (BMN LN) - BUY, Valuation 37.7p – Vanadium price rise in China suggests tightening of supply chain Katoro Gold (KAT LN) – Haneti RAB drilling underway Power Metal Resources* (POW LN) Keras Resources* (KRS LN) – Manganese ore prices hit 10-week high Pure Gold Mining (PUR LN) – Gold pour at R

SP Angel . Morning View

Anglo American (AAL LN) – Production across all minerals forecast to increase by 14% in 2021 | Berkeley Energia Ltd (BKY LN) – Renewal of authorisation for Salamanca uranium concentrate plant# | Bluejay Mining* (JAY LN) – Greenland government to sign Exploitation License for Dundas Ilmenite Project today | Castillo Copper (CCZ LN) – Further copper assays from latest drilling at the Big One project in Queensland | Botswana Diamonds (BOD LN) – Annual results describe exploration in Botswana, South

SP Angel – Morning View

Anglo American (AAL LN) – De Beers diamond sales | Amur Minerals* (AMC LN) – 2018 results | Berkeley Energia Ltd (BKY LN) – Drilling for battery metals | IronRidge Resources* (IRR LN) | Spodumene reaffirmed as Ewoyaa dominant lithium project | KEFI Minerals* (KEFI LN) – Tulu Kapi update | MOD Resources (MOD LN) – Sandfire to acquire MOD Resources | Strategic Minerals* (SML LN) – £890,000 fund raising. | Thor Mining* (THR LN) – Gold assaying at Pilot Mountain | Tri-Star Resources* (TSTR LN) – 201

SP Angel – Morning View

Berkeley Energia Ltd (BKY LN) – Quarterly report December 2018 | BlueRock Diamonds* (BRD LN) – Inferred diamond grade rises by 5.4% at Kareevlei on consultant review | Botswana Diamonds (BOD LN) – Placing to raise £370,000 | Crusader (CAS LN) – Suspended on AIM, Further A$1.4m of convertible notes issued | Element 25 (E25 AU) – Butcherbird Resource infill drilling programme assays received | Strategic Minerals* (SML LN) – Redmoor drilling results

Small Cap Feast

Circassia Pharma (CIR.L) - specialty pharmaceutical company focused on respiratory disease transferring from the Main Market. No funds being raised. Due 4 Feb.

Flash Update: Regional Government Support

Following news reports on Tuesday that the Spanish government will not issue the permits to operate the Salamanca mine, Berkeley Energia (LSE/ASX/MCE: BKY) has released a statement supporting the mine development from the Government of Castilla y León, the north-west region of Spain where the project is located. The Government of Castilla y León called on the central government to limit itself to comply with the law without "demagogy" or "voluntarism" and the spokesperson for the Council of Mini

Small Cap Brunch

Ovoca Gold (to be renamed Ovoca Bio PLC) - RTO of IVIX, a Russian company developing a drug candidate for the treatment of female sexual dysfunctions. No monies to be raised, market cap of £8.5m, due 30 July Nucleus Financial—independent wrap platform provider . FYDec17 revs £40.36m and PBT of £5.1m. Offer TBA. Due late July. Kropz PLC-Intention to float by the emerging plant nutrient producer with an advanced stage phosphate mining project in South Africa and exploration assets in West Africa

Flash Update: Cost Savings Identified

Berkeley Energia (LSE/ASX:BKY) this morning announced that following a capital cost review programme, the company has identified potential savings of up to €9 million compared with the FEED estimate released in July 2017. These savings are forecast to be achieved through right-sizing throughput capacity in line with ore availability during the ramp up of Retortillo and future Zona 7 construction. Specifically, the company is optimising plant capacities within the overall processing design, outso

Top 10 Uranium Miner Financed to Production

Berkeley Energia, listed on the main board of the London Stock Exchange, is on the runway to construction in 2019 and first production in 2020. Funding has been received for the capital to first production, licensing is up to date and the company continues to explore options to reduce the total development cost. The market can now focus on the value release from a potential top ten producer in the world delivering product into what is likely to be a rising price environment (the company has alre

Small Cap Breakfast

Kropz PLC-Intention to float by the emerging plant nutrient producer with an advanced stage phosphate mining project in South Africa and exploration assets in West Africa Immotion Group - aims to become the market leader in "out of home" Immersive Entertainment Experiences. Offer TBA. Due 12 July Yellow Cake will use its expertise to generate value through the ownership of physical U3O8 (Uranium) together with a range of activities and opportunities connected with owning physical U3O8. Acquiri

LIBERUM: Sylvania Platinum* - FY22 annual dividend is 33% higher than our estimate

Union Jack Oil# - West Newton update

West Newton update

IOG - H1 2022 Results

H1 2022 Results

Union Jack Oil# - Wressle reserves and resources report

Wressle reserves and resources report

Impressive H1 sees record interim dividend

A typically strong operational performance at Kounrad and materially higher realised zinc prices at Sasa versus the year-ago period helped CAML overcome industry-common cost inflation pressure to post a 16% increase in EBITDA and widen its margin to an impressive 63%. This in turn has given the group confidence to declare a record interim dividend of 10p, which annualised puts CAML on a compelling yield of 9%. Despite increasing metals markets volatility and the potential for further inflationar

Auctus on Friday - 6/09/2022

AUCTUS PUBLICATIONS ________________________________________ Longboat Energy (LBE LN)C; Target price of £1.25 per share: Copernicus is dry - The Copernicus exploration well on licence PL1017 was dry. The well failed to encounter any effective reservoir. This was a high risk well. Drilling was much quicker than anticipated. As a result, the cost of the well was materially under budget, suggesting that the balance sheet of the company could be stronger than our current assumption. We reduce our ta

Jersey Oil and Gas* - H1 2022 results and farm out update

H1 2022 results and farm out update

Central Asia Metals: Interim Results

Central Asia Metals (CAML LN) reported record H1 results on the back of robust production and higher commodity prices. H1 2022 net revenue of US$114m was up 13% YoY, EBITDA of US$75m was up 16% YoY and the EBITDA margin increased 2pp to 63%. An FX gain of US$7m, combined with the reductions in interest payments from debt reduction and higher profits meant net income was up 72% YoY to US$53m. With capex this year weighted to H2, the company’s free cash flow metric was up 7% YoY to US$52m enabling

Cenkos: Chariot Ltd -- Enabling the Energy Transition

Chariot has announced a partnership with Total Eren to jointly develop the Nour Project, a large-scale green hydrogen project to be located in Mauritania. The consortium will benefit from the dedicated expertise of Total Eren's team, holding a wide range of experience and knowledge in solar, wind, hybrid and green hydrogen projects globally. The involvement of Total Eren adds balance sheet strength and credibility to the project, whilst strengthening the existing relationship between Total Eren

Cenkos: Falcon Oil & Gas Ltd -- Origin Divests Beetaloo Interest

Falcon's Beetaloo JV partner, Origin Energy has announced its intention to exit all of its upstream exploration permits as part of a strategic decision to focus on cleaner energy and customer solutions. As part of this strategy, Origin has agreed to divest 100% of its interest in the Beetaloo Basin to a JV of Tamboran Resources and Bryan Sheffield for an upfront consideration of A$60m and a 5.5% royalty on future production from Origin's 77.5% working interest. At US$60m the upfront consideratio

SHORE CAPITAL - Union Jack Oil+ (UJO, 31p, House Stock) – Lifting of UK fraccing moratorium confirmed

Year-exit target rate in sight despite Kiln 3 challenges

H1 was a mixed half for Bushveld, the continuing strong performance of Vametco offset by unexpected challenges associated with the commissioning and subsequent ramp up of Kiln 3 at Vanchem. The latter has prompted the group to reduce full-year group production guidance (with unit cost expectations increased somewhat), though we still expect positive EBITDA for the full-year and H2 capex and debt repayment obligations look adequately covered. The year-exit production rate target of 5,000-5,400t p

WH Ireland: Pantheon resources (PANR) - Completion of Frack at Alkaid, Preparing to Test

Pantheon Resources announced that it has completed 30 frack stimulations in a 5,000 foot lateral section of the Alkaid #2 well. The company stated it now intends to mobilise a work-over rig and install testing equipment to production test the well. The company stated that, if successful, a production test will occur later in October.

Condor Gold: Feasibility Study provides solid base despite cost pressure; further upsides still to be factored in

Condor Gold (“CNR”) has announced completion of the La India Open Pit Feasibility Study (“FS”), an important milestone as CNR advances the project towards development. The headline results show a post-tax IRR of 23% and NPV of US$87m using a gold price of US$1,600/oz and 5% WACC. Initial capital expenditure is estimated at US$105m and all-in sustaining costs of US$1,039/oz for annual average output of 82kozpa gold for the first 6 years of an 8.4 year mine life. The FS provides a solid base again

WH Ireland: i3 Energy (I3E) - Serenity Operational Update

I3 Energy announced that it has commenced operations for the drilling of the Serenity appraisal well in the North Sea and that actual drilling operations are expected to occur later this week with the programme expected to last 30 days.