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LSE Market News

Barclays Scores But FCA Shows Yellow Card

29 Jul 2015 @ 19:52
Barclays (LSE:BARC) shares are trading at 285.30, up slightly more than 2% from yesterday’s closing price of 279.60, after opening at 285.40 and having climbed as high as 288.70, the bank’s new 52-week high, in morning trading. The boost followed publication of Barclays H1 report for the period ending 30 June 2015. The giddiness in the Barclays board room, anticipating shareholder...

Sable Mining Africa issue metallurgical results for Nimba iron ore project

29 Jul 2015 @ 19:22
What are the details? Sable Mining, the AIM listed iron exploration and development company, has announced results from metallurgical test work conducted at the Plateau 2 area of the 205.2 million tonnes Nimba Iron Ore Project in Guinea. Highlights: · Detailed mine scheduling shows a life of mine of more than 20 years, and highlighted the ability to sustain production of both high quality...

Magnolia Petroleum issue Shimanek Well update

29 Jul 2015 @ 19:16
Shimanek Well Update Magnolia Petroleum Plc, the AIM quoted US focused oil and gas exploration and production company, has announced that the Shimanek #2 vertical well in Oklahoma reached total depth of 5,300 feet on 24 July 2015. The Well encountered hydrocarbons in the targeted conventional zones, including the Lower Skinner, Redfork Sand and Mississippi Lime/Chat, in line with the pre-drill...

Europa Oil & Gas awarded licence in Southern North Sea

29 Jul 2015 @ 19:13
Award of Licence in Southern North Sea Europa Oil & Gas (Holdings) plc, the AIM quoted oil and gas company with a combination of producing and exploration assets in Europe, has noted the announcement on 27 July 2015 by the Oil and Gas Authority, the UK oil and gas regulator, confirming the conditional award of a Promote Licence over Block 41/24 in the Southern North Sea to a joint venture...

Petards talk trading ahead of 2015 HY results

29 Jul 2015 @ 17:16
Hoist by their own? Petards, the AIM quoted developer of advanced security and surveillance systems, has provided an update on trading following the end of its financial half year on 30 June 2015. The Group has continued to trade profitably in line with the Board’s expectations for the six months ended 30 June 2015. Margins for the first half of the year will be significantly higher than...

BP Can See Beyond the Horizon After Massive Q2 Loss

28 Jul 2015 @ 20:45
Shares of BP (LSE:BP.) closed UP 1.38% today to 392.65 on the day it reported the largest quarterly loss in the history of the company. The $6.3 BILLION loss, however, comes along with a sigh of relief that should end five years of holding its corporate breath in hopes that it might suffer minimally from the after effects of the Deepwater Horizon explosion and subsequent oil spill. However...

Buyers Of Pinnacle Technology Will Always Smile, Since The Stock Is Yet To Reach Its Pinnacle

28 Jul 2015 @ 11:59
Pinnacle Technology stock (LSE:PINN) is a promising stock that has a very bright future, and this is just the beginning. Everything you want is on the other side of fear, according to James Altucher; and this is a market in which the bulls need to cast away their fears, summon courage and go long. Following some significant bullish attempt in February 2015, the price largely consolidated till...

This Is The Major Reason Why You Should Not Hold Phorm Corporation Shares

28 Jul 2015 @ 11:42
Phorm Corporation shares (LSE:PHRM) are not supposed to be held if you are a buyer, because the outlook on the market is gloomy. This is a market is which sellers make money, not buyers. In the chart, the price has shown a long-term downtrend. The price has trended seriously downwards this year and this is what is supposed to continue. The price has not gone clearly above the EMA 21 and the...

Ariana hope to raise fresh £1m through placing

27 Jul 2015 @ 21:44
PLACING AND SUBSCRIPTION TO RAISE £1,000,000 Ariana Resources, the Anglo-Turkish gold exploration and development company focused on Turkey, has announced that it has raised £1,000,000 before expenses. The proceeds of the Placing and Subscription will be used primarily for further exploration and resource development of the Kiziltepe Sector of the Red Rabbit Gold Project in western Turkey...

Vast Resources - Placing and subscription raises £1.26m

27 Jul 2015 @ 21:41
Placing and subscription of 105,416,662 Ordinary Shares at a price of 1.2pence per share Vast Resources plc, the AIM listed resource and development company, has announced that it has raised approximately £1.26 million (approximately $1.96 million) before costs through a placing of 45,416,662 ordinary shares of 0.1 pence each in the Company and a subscription of 60,000,000 Ordinary Shares both...
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