Anglesey Mining - The case for Parys Mountain, the UK's largest polymetallic deposit

The Parys Mountain VMS deposit was first mined centuries ago and was the largest copper mine in Europe during the mid-1700s. Last commercial production was recorded in 1910, however, as Anglesey advances the deeper resources of the project through feasibility studies there is an increasing sense that Parys Mountain has much more to give. We look today at why we feel Parys Mountain is misunderstood and underappreciated. Drilling is currently concentrating on the Northern Copper Zone (NCZ), though

SP Angel Morning View: Nickel shows signs of life as Indonesian exports slide on permit approval delays

Hybridan Small Cap Feast - 20 Feb 24

20th February 2024 @HybridanLLP Status of this Note and Disclaimer This document has been issued to you by Hybridan LLP for information purposes only and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any security or other financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. This document has no regard for the specific investment obj

SP Angel Morning View: China rate cut to stimulate new demand and support housing market

Hybridan Small Cap Feast: 19 Jan 24

19th January 2024 @HybridanLLP Status of this Note and Disclaimer This document has been issued to you by Hybridan LLP for information purposes only and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any security or other financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. This document has no regard for the specific investment obje

SP Angel Morning View: Copper Tc/Rcs fall to $20/t/20c on disruptions to copper supply in Panama, Indonesia, Peru and Chile

Anglesey Mining - Parys Mountain drilling returns strong assays including 22m grading 3.7% CuEq

Anglesey today reports the first assay results generated from the drill programme at its polymetallic Parys Mountain project in Anglesey, Wales. Results from drill hole NCZ001 include; from the Garth Daniel Zone - 22m grading 2.3% copper, 2.8% zinc, 1.3% lead, 5g/t silver, and 0.03 g/t gold from a depth of 559m (copper equivalent 3.7%), and from the Northern Copper Zone – 63m grading 0.6% copper and minor zinc, lead silver and gold from depth of 362m (copper equivalent 0.7%).

Hybridan Small Cap Feast

13th December 2023 Small Cap Team will take a break until Monday 8 January 2024 after this Friday 15th December. Merry Christmas to all our readers. @HybridanLLP Status of this Note and Disclaimer This document has been issued to you by Hybridan LLP for information purposes only and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any security or other financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be

SP Angel Morning View: Underwhelming Chinese economic conference results weigh on metal prices

Anglesey Mining - Views on Parys Mountain after a recent site visit

WH Ireland visited Anglesey's 100% held Parys Mountain project in Anglesey in early December; we reviewed the historical mine site and infrastructure, visited the active drill-rig, reviewed drill core, and discussed aspects of the project with the professionals at site.

SP Angel Morning View: Ford takes 8.5% stake in Indonesian nickel project as Automakers swim upstream

SP Angel Morning View: Gold powers through $2,100/oz on outlook for Fed rate cuts

Anglesey Mining - Positive preliminary results from metallurgical testwork

This morning Anglesey Mining provides details of metallurgical test work carried out on a 340kg mixed parcel of White rock and Engine mineralisation – these being the mix of zones expected in the first few years of production at its Parys Mountain zinc-lead-copper VMS deposit in North Wales. The material tested a head grade of 0.4% copper, 3.6% zinc, 3.1% lead, 49g/t silver and 0.7% gold (7.5% zinc equivalent on a base metal-only basis)

Trinity Exploration and Production - Reserves Reduction but Solid Core Business

Trinity has announced a c28% reduction to its 2P reserves following a YE23 review. Despite the decrease in the Company’s 2P reserves, Trinity’s core business remains robust, with a reserves/production ratio of >12.5 years at YE23. Whilst there is significant potential for growth within the current portfolio, this will be difficult to unlock from the current balance sheet and we believe further financing will be required. We update our target price to 76p (from 202p), a c85% premium to the curren

Valeura Energy (TSX: VLE): Three exploration wells deliver three discoveries

• The Nong Yao-13 exploration well in the new Nong Yao D area that was targeting multiple zones has encountered >30 feet of new oil play across several new shallow intervals which have not been produced elsewhere on the concession. These reservoirs are believed to be recurring across the Nong Yao D area. • The drilling result confirms that oil has successfully migrated into this area of the block (a factor that was seen to be a risk in the Nong Yao D area) and open the opportunity for further a

Oil & Gas - Cavendish sector note

Chariot, Energean, Touchstone Exploration, Longboat Energy, Hartshead Resources, BP, Helix Exploration, PetroTal, Pantheon Resources, Caspian Sunrise, Petrofac, DNO ASA, Valeura Energy, Aker BP, Var Energi Source: FactSet, weekly change 08/04/24-12/04/24 Oil rose as Israel braced for a possible attack from Iran, a development that would threaten major disruptions in a region that accounts for a third of the world’s crude output. An assault is expected to come as soon as the next 48 hours, which

Morning Note – 15 April 2024

SP Angel . Morning View . Copper prices hold higher as China processing fees fall below $0/t amid low feedstock availability

Hybridan Small Cap Feast - 15 April 24

15th April 2024 * A corporate client of Hybridan LLP ** Arranged by type of listing and date of announcement *** Alphabetically arranged **** Potential means Intention to Float (ITF) has been announced Dish of the day Admissions: Delistings: What’s baking in the oven? ** Potential**** Initial Public Offerings: Reverse Takeovers: Change of Market: TheWorks (WRKS.L) a multi-channel value retailers of books, arts and crafts, stationery, toys and games, offering customers a differentiated propositio

On Track in Stronger Markets

Tharisa has released its Q2 and interim production report for FY2024. Generally the production numbers were flat for both PGMs and Chrome and slightly below our forecast. In the case of PGMs this was due to lower recoveries due to ore type and in Chrome the company executed a routine maintenance programme on the plant. The company has maintained guidance for the full year however so we expect a robust second half followed by low risk growth in output as we head into FY25. Meanwhile Chrome pric

Chariot Limited (AIM: CHAR): Initiating a strategic review of the Transitional Power business to focus on gas

• The farm-out transaction with Energean has now completed. Chariot has received the US$10 mm cash upfront payment and retains 30% of in the Lixus licence (where the Anchois project is located) and 37.5% of the Rissana licence, offshore Morocco. • A rig contract has also been signed with Stena Drilling to drill the high impact Anchois-East appraisal and development well in 3Q24. • Anchois East is a very important well that could increase the size of Anchois to >1 tcf (300 bcf net to Chariot). O

SP Angel Morning View: Lithium carbonate prices rise in China as refiner sentiment improves

PetroTal (PTAL LN) - Q1 update shows strong production

PetroTal has released its Q1 update, showing strong production on favourable river levels and new wells coming onstream. This has continued to throw off cash to support the company’s CAPEX programmes and shareholder returns.

AUCTUS ON FRIDAY - 12/04/2024

AUCTUS PUBLICATIONS ________________________________________ ADX Energy (ADX AU)C; target price of A$1.00 per share: Restarting production at Anshof – The Permanent Production Facility (PPF), with a capacity of 3,000 bbl/d of liquids, has been commissioned and the Anshof-3 well has recommenced production at a rate of 134 bbl/d with no water. The operation has been undertaken in line with expectations and within budget. The oil production rate at Anshof-3 is 16% above the rate prior to shut-in. A

SP Angel Morning View: Gold $2,363/oz continues to surge as hedge funds extend bullish positions

Hybridan Small Cap Feast - 10 April 2024

10th April 2024 * A corporate client of Hybridan LLP ** Arranged by type of listing and date of announcement *** Alphabetically arranged **** Potential means Intention to Float (ITF) has been announced Dish of the day Admissions: Delistings: What’s baking in the oven? ** Potential**** Initial Public Offerings: Reverse Takeovers: Change of Market: TheWorks (WRKS.L) a multi-channel value retailers of books, arts and crafts, stationery, toys and games, offering customers a differentiated propositio

Oil & Gas - Cavendish sector note

88 Energy, Diversified Energy, Gulf Marine Services, UK Oil & Gas, Deltic Energy, Shell, Criterium Energy, Nostrum Oil & Gas, Angus Energy Source: FactSet, weekly change 02/04/24-05/04/24 Oil held above the $90-a-barrel threshold as escalating tensions in the Middle East prompt a dramatic repricing of geopolitical risks. Fears of a wider region conflict are rising, with Israel increasing preparations for an attack from Iran in retaliation for its strike on the country’s diplomatic compound in Sy

Canadian Critical Minerals Inc. (TSXV: CCMI) – Bull River Generates Inaugural Revenues; Debt Restructuring Removes a Major Overhang

• Canadian Critical Minerals Inc. (TSXV: CCMI, OTCQX: LUCMF) (the “Company”) is a base metals explorer with two advanced copper projects, the 100%-owned Bull River Mine in British Columbia, and the 33.8% interest in Thierry Mine in Ontario. • Bull River Project Generates First Revenues: The Company succeeded in generating its first revenue from the sale of stockpile materials at the Bull River project. While the revenues were modest, the start is an important milestone for the Company. Upon t