Weekly Stock Market News - Issue #253

A round-up of some of the market’s major risers and falls over the past week in London. Author @ABMckinley Shipbuilding in the UK might be a sunset industry, but thereRead More…

A deep freeze on thresholds by Chancellor Jeremy Hunt has resulted in two million workers being subject to an effective 60pc income tax rate by 2028. Inflation of double-digits isRead More…

Kyiv could face ‘complete shutdown’ of power amid crippled Ukrainian grid; hundreds of Ukrainians disappeared in Kherson, say war crime researchers See all our Ukraine coverage Russian missile strikes haveRead More…

According to the EU’s energy policy chief, the European Union hopes to have its regulations in place for the G7 plan to limit the price of Russian crude oil. TheRead More…

Federal Judge Elizabeth Holmes, the founder of Theranos, sentenced her Friday to 11 years and 3 months imprisonment for defrauding investors in her now-defunct startup blood-testing that was once valuedRead More…

WTI (Dec) $81.64 -$3.95, Brent (Jan) $89.78 -$3.08, Diff -$8.14 +87c. Author @mgrahamwood USNG (Dec) $6.36 +16c, UKNG (Dec) 265.0p +15.0p, TTF (Dec) €113.8 +€5.16. Oil price China dominated theRead More…

Kalahari Key Acquisition Complete – Power Metal Now Holds 87.71% Interest Molopo Farms Complex Drilling Update Power Metal Resources PLC (LON:POW), the London listed exploration company seeking large-scale metal discoveriesRead 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 FTSE 100, Dax 40, Dow, Bitcoin,Read More…

Wishbone Gold Plc (AIM: WSBN, AQSE: WSBN), is pleased to announce it has exercised the option to acquire the Anketell Gold-Copper Project as per the agreement announced on 23 AugustRead More…

FTX, a collapsing cryptocurrency exchange, had financial records worse than Enron. This was claimed by its administrator. John Ray was appointed as FTX’s liquidator last Wednesday. He stated in bankruptcyRead More…

After the Government reduced taxpayer support, households will have to pay an additional £500 for their energy in the next year. The “energy price guarantee” has been changed by theRead More…

Marula Mining (AQSE: MARU), an African focused mining investment company, announces that, further to the announcement released on 27 October 2022 and 4 November 2022, the full amount of £450,000Read More…

Advancing Commercial Strategy with Appointment of Gold Supply Chain Expert Alba Mineral Resources plc (AIM: ALBA) is pleased to announce that it has engaged Vivien Johnston Glass FRSA as itsRead More…

Synergia Energy (SYN) announced it has submitted a formal application for its removal from the Official List of the Australian Securities Exchange pursuant to ASX Listing Rule 17.11. This wouldRead More…

Synergia Energy Ltd (the “Company” or “Synergia”) (formerly named Oilex Ltd) has submitted a formal application for its removal from the Official List of the Australian Securities Exchange (“ASX”) pursuant toRead More…

Hurricane Energy plc, the UK based oil and gas company, notes the Autumn Statement issued by the Chancellor of the Exchequer on 17 November 2022 containing changes to the EnergyRead More…

Re-registration as a Private Limited Company, Adoption of New Articles of Association and Notice of General Meeting Parsley Box Group plc (AIM: MEAL), the direct to consumer provider of readyRead More…

Commencing detailed analysis and plans to drill at Block 3B/4B Eco Atlantic (AIM: ECO, TSX ‐ V: EOG) , the oil and gas exploration company focused on the offshore AtlanticRead More…

Royal Mail suffered a loss of over £200m in its first half. This was due to ongoing strikes, a drop in parcel deliveries, and the inability to restructure while atRead More…

Jeremy Hunt, the British finance minister, announced a series of tax increases and tighter spending in a difficult budget plan that he called necessary to restore the country’s public finances. HeRead 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 FTSE 100, Dax, Dow, Bitcoin, Blencowe,Read More…

Synergia Energy Ltd (the “Company” or “Synergia”) announces that the Company has today requested an immediate voluntary trading halt in its shares on the Australian Securities Exchange (ASX), pending anRead More…

Harland & Wolff Group Holdings plc (AIM: HARL), the UK quoted company focused on strategic infrastructure projects and physical asset lifecycle management, is pleased to release further details following yesterday’sRead More…

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development, and production company, provides an update in respect to the Cinnabar-1 well in Tyler County, Texas. The Cinnabar wellRead More…

Harland & Wolff Group (HARL), the infrastructure projects group, released further details following yesterday’s announcement by the Secretary of State, The Rt Hon Ben Wallace MP, at the Appledore ShipyardRead More…

Sovereign Metals Limited (Company) is pleased to advise that a presentation entitled ‘TZMI Congress Presentation’ is available to download from the Company’s website at: http://sovereignmetals.com.au/company-presentations/. ENQUIRIES Dr Julian Stephens (Perth)Read More…

17 November 2022 – Poolbeg Pharma (AIM: POLB, OTCQB: POLBF, ‘Poolbeg’ or the ‘Company’), a clinical-stage infectious disease pharmaceutical company with a unique capital light clinical model, announces that itRead More…

ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to announce gold results from the first drillhole for 2022 (BBMDD004) completed atRead More…

1,200 UK JOBS CREATED AS NAVAL SHIPBUILDING RETURNS TO BELFAST The Belfast shipyard, where the Titanic was built more than 100 years ago to boost the British shipbuilding sector, willRead More…

One of the largest holders of Ether is the hacker who robbed Sam Bankman-Fried of his collapsed crypto exchange FTX. Security specialists PeckShield reported that a wallet linked to theRead 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 FTSE 100, Dax, Dow, Bitcoin, Asimilar,Read More…

Harland & Wolff Group Holdings plc (AIM: HARL), the UK quoted company focused on strategic infrastructure projects and physical asset lifecycle management. Is pleased to note the recent announcement byRead More…

BP (BP.L.) is paying more tax because it is making more profits, Louise Kingham, the UK head of the company, told the Reuters Energy Transition Europe 2022 conference on Wednesday.Read More…

Critical Metals appoints DRC Mine Manager & provides an update on the Molulu Copper & Cobalt Project Critical Metals plc, a mining company established to acquire mining opportunities in theRead More…

Quetzal Capital (QTZ), which has conditionally agreed to acquire Tap Global Limited, a regulated, crypto-fiat exchange service provider, notes recent developments in cryptocurrency markets concerning FTX Group and questions aroundRead More…

First healthy volunteers dosed on schedule Alderley Park, UK – 16 November 2022 : Evgen Pharma plc (AIM: EVG), a clinical stage drug development company developing sulforaphane-based medicines announces that,Read More…

Result of Fundraise and Total Voting Rights Baron Oil (AIM: BOIL), the AIM-quoted oil and gas exploration and appraisal company, is pleased to confirm, further to the announcements made onRead More…

Beowulf (AIM: BEM; Spotlight : BEO), provides a progress update for the Kallak Iron Ore Project (“Kallak”) being developed by the Company’s 100 per cent owned subsidiary Jokkmokk Iron Mines AB (“JokkmokkRead More…

4D pharma’s Blautix® Phase II Clinical Trial Results Published in Alimentary Pharmacology & Therapeutics Leeds, UK – November 15, 2022 – 4D pharma plc (AIM: DDDD) (in administration), a pharmaceuticalRead More…

A Russian missile attack on Ukraine’s power grid caused the conflict to spill over into neighbouring countries Tuesday. It hit NATO member Poland and cut electricity to large parts ofRead More…

Atlantic Lithium’s share price has been gathering pace over the past month. 2023 could see the rocket take off. by: Charles Archer Atlantic Lithium (LON: ALL) shares are up by 157%Read More…

HARL shares are rocketing after years of decline. The FTSE AIM company’s immediate fortunes could hinge on one hotly anticipated project. Author: Charles Archer Harland and Wolff (AIM: HARL) shares haveRead More…

According to a report, the Chancellor will levy companies that have ‘excess returns in an effort to reduce the cost of living. Jeremy Hunt is reportedly planning to tax electricityRead 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 FTSE 100, Dax, Dow, Bitcoin, BSF,Read More…

Paris leads despite British stocks being hit by recession fears, mini-Budget backlash and worries about Paris After being beaten by Paris, London lost its title as Europe’s biggest stock market.Read More…

Transformative oral vaccine platform funded by the Disruptive Technologies Innovation Fund 15 November 2022 – Poolbeg Pharma (AIM: POLB, OTCQB: POLBF, ‘Poolbeg’ or the ‘Company’), a clinical stage infectious diseaseRead More…

Four people familiar with the matter said that German authorities have increased their preparations for emergency cash delivery in the event of an economic blackout. This is in response toRead More…

According to the first bankruptcy filing of FTX, more than 1,000,000 creditors are expected to be left in the collapsed crypto exchange FTX, which was distributed across more than 100Read More…

Made Tech, a leading provider of digital, data and technology services to the UK public sector, is pleased to announce that it has been awarded a new contract with theRead More…

It would appear that the recent significant share price re-rate has been telling us that Firering (FRG) has hit the big league in the lithium space. Author @ZaksTradersCafe This pointRead More…

Firering Strategic Minerals plc (“FSM”), an exploration company focusing on critical minerals, is pleased to announce its first set of assay results from its maiden scout diamond drill programme atRead More…

United Oil & Gas PLC (AIM: “UOG”), the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets, is pleased to announce an update onRead More…

2022 revenue forecast upgraded; and Paradox project operations update Zephyr Energy plc (AIM: ZPHR) (OTCQB: ZPHRF), the Rocky Mountain oil and gas company focused on responsible resource development from carbon-neutralRead More…

Baron Oil (AIM: BOIL), the AIM-quoted oil and gas exploration company, announces a retail offer via REX (the “REX Retail Offer”) of up to 833,333,333 new ordinary shares (“Ordinary Shares”)Read More…

BP began shipping liquefied gas (LNG), from Mozambique’s vast new reserves opening up resources that could ease Europe’s energy crisis. It was the first export shipment to sail, a landmarkRead More…

France’s head of the electricity grid has warned his country about electricity shortages this winter due to problems at its nuclear power stations. Xavier Piechaczyk (President of the Reseau TransportRead More…

WTI (Dec) $88.96 +$2.49, Brent (Jan) $95.99 +$2.32, Diff -$7.03 -17c Author @mgrahamwood USNG (Dec) $5.87 -36c, UKNG (Dec) 237.9p -13.1p, TTF (Dec) €102.0 -€79c. Oil price Whilst the endRead 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 FTSE 100, Bitcoin, Ajax, Blencowe, Belluscura,Read More…

(NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) St Helier, November 14, 2022 – Caledonia Mining Corporation Plc (“Caledonia” or the “Company”) is pleased to announce that the new solar plantRead More…

Shanta Gold (AIM: SHG), the East Africa-focused gold producer, developer, and explorer, is pleased to provide an update on its 2023 outlook and the approaches the Company has received. PotentialRead More…

ATOME Energy (AIM: ATOM), the only pure international green hydrogen and ammonia production company on the London Stock Exchange with current large scale projects in Paraguay and Europe notes theRead More…

Europa Oil & Gas (EOG), the oil and gas production company, announced its audited final results for the 12-month period ended 31 July 2022. The company said that revenue moreRead More…

It has been revealed that Joules, the parent company of The Garden Trading Company and Joules Fashion Retailer are at risk of bankruptcy after failing to secure new investments. JoulesRead More…

Diversified Energy Company PLC (LSE:DEC) is pleased to announce it is trading in line with expectations and provided the following operations and trading update for the quarter ended 30 SeptemberRead More…

GreenRoc Mining Plc (AIM: GROC), a company focused on the development of critical minerals projects in Greenland, is pleased to announce the first batch of assay results from drill core fromRead More…

Union Jack Oil plc (AIM: UJO), a UK focused onshore conventional hydrocarbon production, development and exploration company, is pleased to announce that material landmark net revenues of US$11,000,000 have beenRead More…

SDX Energy Plc (AIM: SDX), is pleased to announce a successful two-well drilling campaign in Morocco that opens up a new producing area. Further wells are planned in Morocco forRead More…

We have the return of the US Chartbreakers in the wake of the massive jump for stocks Stateside on Thursday. Zak Mir takes a charting look at Apple, Adobe, Align,Read More…

Kodal Minerals could be presenting a strong bull case for 2023. Rocketing lithium prices, buyout potential and a confident CEO all-star. By: Charles Archer The blog was first published onRead More…

In last week’s Week In Small Caps, I suggested that we may have reached “Peak Doom”. Therefore it was rather pleasant that Thursday saw a 1,200 rise on the Dow,Read More…

Inflation rose to an all-time high for milk products, pasta, and energy in October despite government assistance to lower bills. According to the Office for National Statistics, prices rose 11.1Read More…