Weekly Stock Market News - Issue #229

There is a lot going on at Caracal Gold which has so far yet to really begin to attract the attention of investors. Share Talk highlighted them late last monthRead More…

Share talk spoke to Clontarf Energy plc (AIM: CLON) David Horgan, Chairman this week just before he flow offshore to join the team onboard the MS-1 semisubmersible, Sasanof-1 exploration well,Read More…

Cineworld, ASOS, Currys, BooHoo and Kingfisher are just a few of the notable names on a London-based list of most shorted equities. Although some stocks in the City are mostRead More…

After receiving approval from regulators, Shell will develop the largest North Sea gas project in years as the Government scrambles for domestic energy supplies. Jackdaw, a project is expected toRead More…

There is a lot going on at Caracal Gold which has so far yet to really begin to attract the attention of investors. By Dr. Michael Green But perhaps thisRead More…

According to Ed Morse (Citi’s global head for commodity research), Brent crude oil, which traded Wednesday at more than $116 per barrel, should have been closer to $70 according toRead More…

Russia warned on Thursday that the European Union’s decision to phase out Russian oil would destabilize global energy markets. It called it a “self-destructive” step that could backfire. On Monday,Read More…

Alien Metals Ltd, (AIM: UFO). stated that it was making progress at its Hancock iron ore project, where production is expected in 2023. A metallurgical testing program, which was completedRead More…

It will produce close to 100,000 barrels per hour and have a pipeline of growth in Kenya, Ghana, Egypt and Gabon. There are also exploration opportunities in Guyana, Mauritania, andRead More…

Jamie Dimon advised investors to be prepared for an economic “hurricane”, as the economy faces unprecedented challenges. At Wednesday’s conference sponsored by AllianceBernstein Holdings, the JPMorgan Chase & Co. chiefRead More…

A Bank of England official stated that stablecoins, which are intended to be an alternative currency to traditional currencies, are not stable enough to be widely used by consumers. AndrewRead More…

Russia still takes in billions of dollars from the sale of oil, gas, and other commodities. As the US and its allies launched a series of sanctions against Russia inRead More…

WTI $114.67 -40c, Brent $115.6 -$2.00 (August), Diff -$93c, -$5.67 Author @mgrahamwood USNG $8.15 -58c, UKNG 166.0p -26.0p, TTF €87.555 -€6.145 Oil price With Brent July expiring and WTI catchingRead More…

Further to RNS of 24 May, Forum Energy Services Limited (“Forum”) was granted 91 million Initial Consideration Shares representing approximately 4% of the Company’s fully enlarged share capital resulting fromRead More…

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s selection of charts is  Alien, Carclo, Esken, IG, Omega, OpenRead More…

BlueRock Diamonds PLC, the AIM listed diamond producer, announces an update on operations at its Kareevlei Diamond Mine (‘Kareevlei’) in the Kimberley region of South Africa. During the first fiveRead More…

GreenRoc Mining plc (AIM: GROC), a company focused on the development of critical mineral projects in Greenland, is delighted to announce the appointment of Dr. Stefan Bernstein as Chief ExecutiveRead More…

First Development Resources – Pre-IPO Financing £1,125,000 Power Metal Subsidiary First Development Resources Raises £1,125,000 in Pre-IPO Financing to Fund its Planned IPO and Operational Expenses Power Metal Resources PLCRead More…

While investors have been looking for M&A elsewhere in the market, Tern (TERN) have announced a share offer for Pires (PIRI). Author @ZaksTradersCafe The offer is based on a closingRead More…

Hurricane Energy plc, the UK based oil and gas company, provides an update on its activities in the Greater Warwick Area (“GWA”). As announced on 28 April 2022, the GWARead More…

Open Orphan plc (AIM: ORPH), a rapidly growing specialist contract research organisation (CRO) and world leader in testing infectious and respiratory disease products using human challenge clinical trials, announces thatRead More…

Omega (AIM: ODX), the specialist medical diagnostics company focused on industry-leading Health & Nutrition and Global Health products, announces the results of its Open Offer. On 6 May 2022, OmegaRead More…

Sovereign Metals Limited (ASX:SVM; AIM:SVML) (the Company or Sovereign) is pleased to announce the commencement of its Pre-feasibility Study (PFS) drilling program across the Kasiya Rutile Project (Kasiya). This isRead More…

Alien Metals Ltd (AIM:UFO), a global minerals exploration and development company, is pleased to update the market on the Company’s progress regarding the Hancock Iron Ore Project and first productionRead More…

Further to Oilex Ltd’s (Oilex or the Company) announcement on 4 May 2022, advising of an equity fund raise of £2.5 million (A$4.4 million), before costs to fund the refraccingRead More…

Power Metal Resources plc (LON:POW), the London listed exploration company seeking large-scale metal discoveries across its global project portfolio announces results from the Company’s inaugural diamond drilling programme on theRead More…

Patersons Range, Western Australia Wishbone Gold Plc (AIM: WSBN, AQSE: WSBN), is pleased to announce that the drill rig will mobilise from Perth towards the end of this week, toRead More…

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s selection of charts is Arrow, Argo, Eurasia, East Star, Gunsynd,Read More…

The Board of Xtract Resources Plc (“Xtract” or the “Company”) is pleased to provide an update and overview of the results achieved to date at the Ascot Prospect on theRead More…

WTI $115.07 n/c (Market shut*), Brent $121.67 +$2.24, Diff -$6.60 +$2.24* Author @mgrahamwood UKNG 192.0p +35.0p, TTF €93.70 +€6.93 (both now July contracts) Oil price With the US closed forRead More…

MKANGO RELEASES FINANCIAL STATEMENTS AND MANAGEMENT’S DISCUSSION AND ANALYSIS FOR THE PERIOD ENDING MARCH 31, 2022 London/Vancouver: May 31, 2022 – Mkango Resources Ltd (AIM / TSX-V:MKA) (the “Company” orRead More…

Avacta Group plc (AIM: AVCT), a clinical-stage biopharmaceutical company developing innovative cancer therapies and powerful diagnostics based on its proprietary Affimer® and pre|CISION™ platforms. Today announces that its Annual ReportRead More…

Union Jack Oil plc (AIM: UJO) a UK focused onshore hydrocarbon production, development and exploration company, is pleased to announce that the Company has been admitted as an Associate MemberRead More…

Botswana focussed metals exploration company Kavango Resources plc (LSE: KAV) is pleased to announce the Company will host an online shareholder event to present the Iron Oxide Copper-Gold (“IOCG”) explorationRead More…

Quetzal Capital (QTZ) has agreed to extend the deadline to subscribe for a further £500,000 of Convertible Loan Notes of £1 each in TAP Global Limited to 30 June 2022.Read More…

Caracal Gold plc, LSE listed gold producer and explorer focused on East Africa with current operations and projects in Kenya and Tanzania is pleased to announce that further to theRead More…

Share Talk spoke with David on the eve of one of the biggest announcements for the company, big thank you to the company for giving us this interview with CLONRead More…

Edenville Energy Plc (AIM: EDL) announces an update with respect to the operation of the Company’s Rukwa Coal Project in Tanzania. As announced on 18 May 2022 the Company wasRead More…

ECR Minerals plc (LON: ECR), the gold exploration and development company focused on Australia, is pleased to announce that Non-Executive Director Adam Jones will become an Executive Director with immediateRead More…

Drill programme to focus on high-priority targets within the Paterson Range East and Black Hills licence including targets A9, A27 and Tama Greatland Gold plc (AIM:GGP), the precious and baseRead More…

As London’s initial public offerings fall to levels not seen since 2008, the UK is intensifying its efforts to increase listing activity. Last week, the British market watchdog recommended thatRead More…

WTI $115.07 +98c, Brent $119.43 +$2.03, Diff -$4.36 +$1.05 Author @mgrahamwood USNG $8.73 -18c, UKNG 157.0p +17.9p, TTF €86.770 -€0.105 Oil price Oil was up strongly last week for allRead More…

If the Kremlin cuts off gas supplies to Europe, electricity could be reduced. Ministers were warned that six million homes could be affected by the invasion of Ukraine by Russia.Read More…

Rockhopper Exploration plc (AIM: RKH), the oil and gas exploration and production company with key interests in the North Falkland Basin, is pleased to announce its audited results for theRead More…

Mkango has signed a non-binding term sheet for up to £3.5m of proposed funding from CoTec, an ESG-focused investor in innovative and scalable ‘green’ technologies for extracting and processing metalsRead More…

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s selection of charts is  Ascent, Borders, Landore, MediaZest, Predator, Quantum,Read More…

Today, Malcolm Graham Wood is joined by George Lucan, Managing Director of Angus Energy. It’s been a busy time for the company, with the acquisition of the remaining portion ofRead More…

Echo Energy, the Latin American focused upstream energy company, is pleased to provide a operational update regarding the Company’s producing Santa Cruz Sur assets, onshore Argentina. The Company confirms thatRead More…

genedrive plc (AIM: GDR), the near patient molecular diagnostics company, announces that the UK Medicines and Healthcare Products Regulatory Agency has granted a CTDA enabling the sale of the Genedrive®Read More…

UK Oil Company Windfall Tax For the avoidance of doubt, the Board is pleased to confirm that the UK’s new windfall tax on oil companies applies only to companies operatingRead More…

FLASH NOTE PDF Atlantic Lithium report the visual identification of spodumene in new drilling at the Ewoyaa Lithium Project in Ghana. The new discovery offers potential to significantly expand theRead More…

DeepVerge (DVRG), announces that Innovenn UK Limited has signed a Testing Services Framework Agreement with Abingdon Health plc for development and manufacture by Abingdon of a range of Lateral FlowRead More…

UK Oil & Gas PLC (London AIM: UKOG) is delighted to announce that its wholly owned subsidiary, UK Energy Storage Ltd (“UKEn”) has signed an Agreement to Lease (“A2L”) withRead More…

York, U.K. 30 May 2022: Abingdon Health plc (AIM: ABDX), a leading international developer and manufacturer of high quality and effective rapid tests, announces that it has signed a TestingRead More…

Next well in exploitation plan spud as production increases CALGARY, May 30, 2022 – Arrow Exploration Corp. (AIM: AXL; TSXV: AXL) (“Arrow” or the “Company”) announces that the Rio CravoRead More…

Strategic Acquisition of 100% of the Vivash Gorge Iron Ore Project, Western Australia Follow the link to view the announcement in full including all figures: http://www.rns-pdf.londonstockexchange.com/rns/1640N_1-2022-5-29.pdf Alien Metals Ltd (LSERead More…

Serenity Well – Award of Well Engineering Operator Contract i3 Energy plc (AIM:I3E) (TSX:ITE), an independent oil and gas company with assets and operations in the UK and Canada, isRead More…

North Sea Transition Authority (“NSTA”) Approves Wressle Field Development Plan Union Jack Oil plc (AIM: UJO) a UK focused onshore hydrocarbon production, development and exploration company is pleased to announceRead More…

Mkango And CoTec To Collaborate In Downstream Rare Earth Technologies With Proposed Investments Totalling £3.5 Million (C$5.6 Million) Highlights Mkango has signed a non-binding term sheet with CoTec Holdings Corp.Read More…

Critics say Rishi Sunak, the chancellor, will only raise a fraction of the planned £5bn if new investments are offset by profits. According to a thinktank, North Sea oil andRead More…

Another busy week across the mining resources sector, here is our weekly recap. Cornish Metals Inc (AIM CUSN:) saw its stock price jump 29% to 23.75p, after closing its previouslyRead More…

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s selection of charts is the FTSE 100, Avacta, Audioboom, Bezant,Read More…

As cybercriminals attack Russia, hackers have flooded the dark web with stolen credit card numbers from Russia’s biggest bank. According to Cyberint research, the card information of 113 476 SberbankRead More…

The Grid will address industry concerns about the network’s insufficient capacity. National Grid has held emergency talks with companies in order to increase gas pipeline capacity following the rejection ofRead More…

What a week across the oil & gas sector, news due next week on CLON, ANGS is within touching distance and Share Talk is looking to talk to both companies, plusRead More…