LSE Market News

Placing to Raise £400,000 to Expand Current 678,000oz Mpokoto Gold Resource Armadale, the AIM quoted investment company focused on natural resource projects in Africa,has announced a conditional placing of 10,000,000 new ordinary shares of 0.1 pence each in the capital of the Company at a price of 4.00p pence per share to raise gross proceeds […]

What are the detials? Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, has announced that Plexus Products (Asia) Sdn Bhd, the Company’s joint venture with Integrated Petroleum Services Sdn Bhd, has secured a local PETRONAS licence to manufacture and supply […]

Mothae Acquisition – Update Paragon Diamonds Limited, the AIM quoted diamond development company, has announced that, further to the announcement of 5 May 2015, the Company has now entered into a legally binding share purchase agreement with Lucara Diamond Corporation with regards to the acquisition of the Mothae Kimberlite Resource. Mothae is located close to […]

Positive Drill Update, Shoats Creek Project, Louisiana Northcote (LSE:NCT) has announced that the Lutcher Moore #20 well targeting the Frio Formation at the Shoats Creek Project in Louisiana, successfully reached total depth of approximately 5,500 feet on 14 July 2015. Mud logs have indicated the presence of hydrocarbons in the targeted payzone, in line with […]

Northcote stock (LSE:NCT) is virtually worthless as it continues to lose value, going towards zero. Although some bulls see this stock as a wonderful opportunity to go long at very cheap prices, the bears would continue to fight for supremacy, and this may cause a considerable amount of volatility. Speed + magnitude = volatility. Markets […]

There is a high possibility that massive sell-offs soon may begin on San Leon Energy shares (LSE:SLE), as indicated by the price action in the chart below. Chris Tate says there is a time to be in the market and there is time not to be in the market. Definitely for the bulls, this is […]

Launch of UK Solar Generating Subsidiary Rame, the independent power producer, has announced the launch of its UK solar generating subsidiary which will initially own and operate up to four UK rooftop photovoltaic projects with a total potential capacity of 120kW. To facilitate these projects, the Company has incorporated Rame Solar Limited a new, wholly […]

Grade increase over grade control orientation panel at Komana East pit at Yanfolila Gold Project, Mali Hummingbird Resources plc (AIM:HUM), the West African gold exploration and development company, has announced a positive update from grade control orientation drilling at the Komana East pit, the first area to be targeted for mining at the Company’s 1.8 […]

Preparing to Spud Shimanek #2 well and Q2 2015 Operations Update Magnolia Petroleum Plc, the AIM quoted US focused oil and gas exploration and production company, has announced that drilling operations at the Magnolia operated and 94% owned Shimanek #2 vertical well in Oklahoma are expected to commence by the end of July 2015. Additionally, […]

Q2 2015 and HY1 2015 operations update – Gedabek gold, copper and silver mine, Azerbaijan Anglo Asian Mining, the AIM listed gold, copper and silver producer focused in Azerbaijan, has provided a production and operational update from its Gedabek gold, copper and silver mine in western Azerbaijan for the three months to 30 June 2015 […]