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LSE Market News

Plus500 Drops Like a Stone

28 May 2015 @ 07:47
Plus500 stock (LSE:PLUS) has dropped like a stone following several months of consolidation phase. What is in the market is essentially a breakout in the favor of the bears, and the bias may continue as the price drops further south. The recent consolidation phase made the price move primarily between the Trendlines: a serious break upwards or downwards would signal a great movement in the...

Iofina May Fall Below the Supply Level at 20

28 May 2015 @ 07:39
Iofina shares (LSE:IOF) have been showing some propensity to go south. Recently, the market conditions have been choppy as the bulls and the bears continue to struggle for supremacy. 4 EMAs are used for the analysis (the color that stands for each EMA is shown at the top left part of the chart). The EMA 200 shows that the overall trend is bearish and this view cannot change unless the price...

Highland completes 75% acquisition of Diversion Technologies

26 May 2015 @ 22:07
Completes Acquisition of a 75% interest in Diversion Technologies’ Patents Portfolio Highlands Natural Resources, the London listed oil and gas company, has announced that the agreement in respect to its all share acquisition of a 75% interest in Diversion Technologies’ current patent applications, in the US, UK, Canada and globally, has been signed. These patent applications cover a new well...

Armadale Capital: Final results and gold production in Mpokoto details

25 May 2015 @ 21:21
Final Results Armadale, the AIM quoted investment company focused on natural resource projects in Africa, has announced its final results for the year ended 31 December 2014. Highlights – Targeting low capex, low opex commercial gold production in H1 2016 at the Mpokoto Gold Project in the Katanga province of the south of the Democratic Republic of the Congo – In advanced...

Ferrex discuss near-term production and cashflow

25 May 2015 @ 21:16
Nayega Manganese Togo Update Ferrex plc, the AIM quoted manganese development and iron ore exploration company focused in Africa, is pleased to announce that its Definitive Feasibility Study for an accelerated start-up at its Nayega Manganese Project in northern Togo is complete and a maiden Ore Reserve has been defined. The project is held through its 85% owned subsidiary SGM SARL. This is a...

Drilling results announced for Bacanora's Sonora lithium project

24 May 2015 @ 00:53
La Ventana Drilling Results, Sonora Lithium Project Mexico Bacanora, the Canadian and London listed (TSX-V:BCN) and (LSE:BCN) lithium and borates company focussed on Mexico,is very pleased to announce assay results from a total of 2,946 metres of drilling in 22 holes recently completed on its wholly-owned La Ventana concession, as well as one hole drilled on the Fleur concession. Both...

Plutus PowerGen secures new contracts

24 May 2015 @ 00:51
Management Contract Awarded for Fifth 20MW Project Plutus PowerGen plc, the AIM listed power company focused on the development, construction and operation of flexible stand-by electricity generation in the UK, has announced that it has been awarded two further management contracts, for the construction and operation of 20MW flexible stand-by electricity plants, by Precise Energy Limited and...

MX Oil to seek non-Mexican investments?

24 May 2015 @ 00:49
Potential Investment and Trading Update MX Oil plc, the AIM quoted oil and gas investment company, has announced that besides its focus on Mexico, it is considering a number of near term, cash generative investments in geographies outside of the Americas that could assist in funding the work programmes of its target Mexican assets. However, against this background, it can confirm that it...

Empyrean release Q1 details

24 May 2015 @ 00:46
Q1 2015 Production from Sugarloaf AMI, Texas Empyrean Energy, the profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has provided a production update from its flagship Sugarloaf AMI Project in the prolific Eagle Ford Shale, Texas, for the three month period to the end of March 2015. Empyrean has a 3% working...

Secure Proterty snaps up fresh portfolio

24 May 2015 @ 00:43
Acquisition of income producing assets in Romania and Bulgaria Secure Property Development & Investment PLC, the AIM quoted property company focused on Emerging Europe, has announced it has agreed to acquire a series of prime property assets in Romania and Bulgaria, raising the Company’s annualised net operating income to over €8 million. The Acquisitions follows the purchase of the...
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