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LSE Market News

Oxus Gold Is Now Rated a BUY

07 Oct 2015 @ 09:14
Oxus Gold stock (LSE:OXS) is now rated a buy because of the current bullish price action. The breakout that has been performed this month can still be sustained in spite of the correction that is currently happening. We cannot enter a market simply because of a strong volume. There are other factors to be considered. Looking at the chart, we can see that the price is above the EMA 21 and that...

Monthly Forecast on Gulf Keystone (October 2015)

07 Oct 2015 @ 09:08
Gulf Keystone shares (LSE:GKP) are making noteworthy attempts to go up. The price dived further in August 2015, but it later rose before the end of that month. In September there was easement in the bullish effort; but right now, the price is making some bullish effort against all odds. What is the result of this? The ADX period 14 is at the level 20, meaning that the market is not completely...

Fat Prophets: Market Commentary - Off to a flying start

06 Oct 2015 @ 07:27
October, the bear killer month, has got off to a flying start with all the bourses and most commodities rising strongly on Monday. Europe led the way with the DAX, CAC and FTSE all up around 3%. The Volatility index (VIX) went under 20 for the first time in weeks losing nearly 8 percent, while oil and gold prices jumped by more than 2%. The Dow and S&P500 pushed up by close to 2%, with...

MX Oil: Targeting five onshore conventional fields in latest Mexican bid round

05 Oct 2015 @ 19:32
Mexico Update MX Oil plc, the AIM quoted oil and gas investment company, has discussed the progress it is making in Mexico together with its partner Geo Estratos with regards to the on-going Bid Round 1 Licensing round and its efforts to secure onshore conventional concessions in the re-opening Mexican energy sector. The Company has submitted its pre-qualification filing with the National...

North River Resources talk results of open offer

05 Oct 2015 @ 19:29
Result of Open Offer North River Resources, the AIM quoted resource company focused on the Namib Lead-Zinc Project in Namibia, has announced the results of the Open Offer for up to US$2.8 million which will be used to progress the Company’s flagship Namib Project to a construction decision. Result of Open Offer – The Open Offer closed for acceptances at 11a.m. on 30 September 2015...

African Potash cut fertiliser sale deal

05 Oct 2015 @ 19:26
Signing of Fertiliser Sale Agreement African Potash, the AIM listed exploration company focused on sub-Saharan potash assets and the vertical integration of fertiliser operations in Africa, has announced that it has signed a legally binding fertiliser sale agreement with a Zambian based purchaser introduced by COMESA/ACTESA. This follows the signing of a framework fertiliser supply agreement...

Alecto to sell Ethiopian assets?

05 Oct 2015 @ 19:24
Disposal of the Company’s Ethiopian assets Alecto Minerals (LSE:ALO), the AIM quoted mineral exploration company focussed on Africa, has announced the disposal of its wholly owned subsidiaries Nubian Gold Exploration Limited and Rift Valley Resources Limited, which hold all of the Company’s interests in the Federal Democratic Republic of Ethiopia, namely the Wayu Boda and...

Fitbug Holdings issue interim results

05 Oct 2015 @ 19:21
What are the details? Fitbug Holdings Plc, the AIM quoted provider of online personal health and wellbeing services, has provided its interim results for the six months ended 30 June 2015. Overview · Focussed on increasing market share in the prospective and rapidly growing wearable health sector · Secured multiple follow-on supply contracts with leading retailers in the UK and US, including...

MX Oil lay out half-year results

01 Oct 2015 @ 23:13
Half-yearly Results MX Oil, the AIM quoted oil and gas investing company focused on the re-opening Mexican energy sector, has announced its unaudited half-yearly results for the six month period ended 30 June 2015. Highlights for H1 2015 · Significant progress made regarding the onshore conventional field bidding round in Mexico · Access granted to the data room in June 2015 – analysis...

Strat Aero acquire UAV surveying & inspection firm

01 Oct 2015 @ 23:10
Acquisition of Leading UAV Surveying & Inspection Company Strat Aero, an international aerospace company focused on the rapidly emerging Unmanned Aerial Vehicle sector, has entered into a Share Purchase Agreement for the acquisition of Geocurve Holdings Limited, a privately owned company, which specialises in the provision of UAV operated topographical surveys and inspection services to a...
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