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LSE Market News

Sable completes sale of £2m assets

27 Aug 2015 @ 19:05
Sale of non-core assets for US$1.98 million Sable Mining, the AIM listed exploration and development company, has today completed transaction agreements which will monetise its interests in the Rietkuil coal project in South Africa. Separately the Company announces a recent sale of non-core interests in Liberia. Highlights · Total cash of US$1.98 million generated through the disposal of...

Magnolia Petroleum report 309boepd net production

25 Aug 2015 @ 16:49
Production Update & Reserve Report Magnolia Petroleum Plc, the AIM quoted US onshore focused oil and gas exploration and production company, has provided an update on current production and an independent Reserves Report as at 1 June 2015, on its leases in US onshore formations such as the Woodford and Mississippi Lime, Oklahoma, and the Bakken and Three Forks Sanish, North Dakota...

Cluff to unlock the UK's energy via Underground Coal Gasification & Conventional Hydrocarbon licences?

25 Aug 2015 @ 16:45
Interim Results Cluff Natural Resources Plc, the AIM quoted natural resources investing company, has announced its interim results for the six months ended 30 June 2015. Highlights · Continuing to build substantive portfolio of Underground Coal Gasification (‘UCG’) Licences inshore UK – portfolio totals 690km2 · Progressing Conventional Hydrocarbon licences in the Southern...

DekelOil: progress towards becoming 1st RSPO certified CPO producer in Cote d’Ivoire

25 Aug 2015 @ 16:40
Strong Progress Towards Gaining Certification to the Round Table for Sustainable Palm Oil DekelOil Public Limited, operator and 51% owner of the vertically integrated Ayenouan palm oil project in Cote d’Ivoire, has made significant progress towards achieving its objective to become a certified producer of palm oil in line with the standards set by the Round Table for Sustainable Palm...

African Potash cut Zambian agreement

25 Aug 2015 @ 16:37
MOU with Zambian company for the supply of 50,000MT of fertiliser African Potash, the AIM listed exploration company focused on sub-Saharan potash assets, ihas entered into a Memorandum of Understanding with a Zambian fertiliser supply company with a view to supplying them with in excess of 50,000MT of fertiliser, following an introduction by the Common Market for Eastern and Southern Africa...

Stellar Diamonds release details high grade Tongo Project

25 Aug 2015 @ 16:34
Positive PEA on Tongo Project and Mining Licence Application, Sierra Leone Stellar Diamonds plc, the London listed (AIM: STEL) diamond development company focused on West Africa, has announced the results of the preliminary economic assessment from its Tongo kimberlite diamond project in Sierra Leone. Independent consulting company Paradigm Project Management was retained by the Company to...

Rose Petroleum talk US onshore oil and gas portfolio

23 Aug 2015 @ 13:45
Oil & Gas Update Rose Petroleum plc, the AIM-listed (AIM: ROSE) natural resources company, has provided an update on its activities onshore US. Earlier this year Rose announced that it had commenced the process of permitting six well locations in the Mancos Formation in the Uinta Basin, Utah. However, in consideration of the oil price environment, the Board is focused on delivering a...

VAST Resources commission low-capex Pickstone-Peerless gold mine

23 Aug 2015 @ 13:43
Commissioning of Plant at Pickstone-Peerless Gold Mine Vast Resources plc, the AIM-listed resource and development company, has announced the commissioning of the ball mill and the carbon in leach plant at the Pickstone-Peerless Gold Mine, thus facilitating the start of gold adsorption and marking a further milestone in its transition into a cash generative mining company. The mine is being...

Don't Panic!

21 Aug 2015 @ 21:06
“The wisest rule in investment is: When others are selling, buy. When others are buying, sell. Usually, of course, we do the opposite. When everyone else is buying, we assume they know something we don’t, so we buy. Then people start selling, panic sets in, and we sell too.” ~ Jonathan Sacks “Panic is … going over to the enemy of our imagination.” ~...

A Longer Term BUY Signal Emerges on EasyJet

20 Aug 2015 @ 00:33
Easyjet stock (LSE:EZJ) has a clean ‘buy’ signal on it, based on the current price action in the chart. In this month of August, effort was initially made to push the price upwards but this was stalled by the last bearish correction. However, the price is now gliding upwards smoothly. This is an interesting development. 4 EMAs are used for the analysis; and they are EMAs 10, 20, 50, and 200...
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