||EPS - Basic
||Market Cap (m)
Real-Time news about Stellar Res. (London Stock Exchange): 0 recent articles
|tuff: Thought it was imminent in last December and 6 months gone past and it's still imminent? Im very curious what the Bods been doing day2day basis? Can they justify their salaries which they been getting paid and doing nothing to help the share price???|
|hmv001: it is a good result. should rise from here significantly. resignation of donald duck will double the share price|
|yajnas01: temm - how big do you think the gold is in terms of share price value... because no one seems to talk about it anymore except you.
how significant is it really?|
|yajnas01: I have no idea why i thought gold was going to be important... it is utterly worthless as far as I can see... the share price hasn't moved at all...
how the hell is "exploring" for 6 years going to help... they need a production licence surely...|
|yajnas01: ok, but how come the market is attributing no extra value to the share price for the gold project, if the permit is imminent. if the gold project itself is valuable, but it isn't adding value to the share price today, is that saying the market doesn't expect the permit to be granted any time soon?|
|liquid millionaire: Ooh yes a sharply rising STG share price!|
|liquid millionaire: Apart from the STG share price of course!|
|kcowe: From Shareprofits today.
Over the last couple of weeks the share prices of the six listed companies participating in the Horse Hill oil exploration project have pulled back. Alba Mineral Resources (ALBA) and UK Oil & Gas (UKOG) have both placed. Solo Oil (SOLO) has been treading water since it placed in mid June. Regency Mines (RGM) looks almost certain to place imminently, despite having raised money in May and the same can probably be said for Doriemus (DOR), though the latter's financialposition is certainly better. This leaves Stellar Resources (STG), which of the six is probably the best funded and might not need a Horse Hill cash injection. Time will tell if this view is correct, but with the spud only days away, now might be the time to place your bets if you fancy a gamble on the madness of crowds.
Favourite: My new pick (if I do decide to have a Horse Hill punt) is Stellar Resources (STG). Stellar's share price has fallen back to 0.75p, but of the six listed Horse Hill participants, this stock seems the least likely to place. This lack of obvious selling pressure and the company's market cap of £5.52million could mean that Stellar's 10% stake in Horse Hill Developments gives its share price an almighty boost if good news/rumours start to flow from the site. Of course, this is AIM, so we can never truly discount the risk of a placement, but at the end of 2013 Stellar had net current assets of £2,55million, including £1,58million in cash. If Stellar's share price does rise significantly over the course of the Horse Hill drill, then I'd expect the company to take advantage of this and place, but for private speculators, there could be an opportunity to position themselves in advance of this.|
|liquid millionaire: SMALL CAP MOVERS: Expanding syndicate of AIM firms gear up to Horse Hill oil project
By JAMIE ASHCROFT, PROACTIVE INVESTORS
PUBLISHED: 15:38 GMT, 18 July 2014 | UPDATED: 15:48 GMT, 18 July 2014
An ever expanding syndicate of small cap firms are gearing up for what could prove to be a very significant conventional British oil project.
Serial AIM company executive David Lenigas is at the centre of the Horse Hill project's somewhat unlikely grouping of investors, which includes a would-be Welsh gold miner.
Rising over 200 per cent and 33 per cent respectively, the two latest additions to the syndicate Alba Resources and Regency Mines, both of which naturally mining companies in terms of expertise and assets, were among the top small cap performers this week.
Oil venture: Alba Resources and Regency Mines are the two latest additions to the syndicate
Oil venture: Alba Resources and Regency Mines are the two latest additions to the syndicate
UK Oil & Gas, Solo Oil, Stellar Resources and Doriemus are the other small cap firms staked in the venture.
The imminent Horse Hill well is the reason a group of mining execs have been drawn out of their comfort zone to (hopefully) get oil on their boots.
SMALL CAP SHARE IDEAS: New management and a fresh approach will see Range Resources focus on doubling production
Share dealing: £12.50 flat fee with cheap dividend reinvestment and no annual charge
Optimistic experts privately describe the prospect in superlatives - one analyst apparently even claimed it was the best prospect he'd seen his entire professional career.
More broadly it was a steady week for small caps, even if the plane crash in Ukraine and the speculated repercussions have tempered risk appetite Friday. Standing at 3,277, the FTSE AIM 100 was only lower than last week.
TyraTech was one of the week's top stocks as it detailed plans for a £3.5million funding and UK launch of head lice treatment Vamousse in Superdrug and Boots. It comes after a successful US roll-out, which has seen products go into 4,000 Walmart stores as well as being sold online via Amazon.
Chief executive Bruno Jactel described the UK partnerships as a 'significant strategic step' that further validates TyraTech's propriety range of natural insecticide products.
AFC Energy, a fuel cell specialist part-owned by Russia billionaire Roman Abramovich, was another to seal value-adding commercial tie ups this week, though it were in South Korea.
A landmark deal with Korean fuel cell company Daniel Inc for a one megawatt (Mw) system with an option for a separate 3Mw project, could see revenues of up to $15million.
Earlier in the week, AFC signed an agreement with chemical firm Chang Shin to use its excess hydrogen to produce up to 5Mw of electricity.
Two acquisitions in two days in Trinidad have underlined the growing level of interest and potential for oil and gas companies on and round the Caribbean island. Like many maturing hydrocarbon postcodes, such as the North Sea or Nigeria, the typical emphasis is on marginal discoveries or re-generation.
Trinity has acquired four discoveries from Centrica, while Leni Gas & Oil has enjoyed success with a drilling programme onshore. Paying $23million, Trinity is adding 268billion cubic feet of gas reserves in fully-appraised discoveries where first production is targeted for 2017 to 2018.
Leni's Gas & Oil, which has enjoyed a near four-fold rise in its share price year to date, announced the acquisition of the 65million barrel Trinity-Inniss field and a supporting £7million funding.
Gold firm Anglo Asian Mining was a notable riser as it predicted a much stronger second half after sorting out issues that had hit output at its main gold mine in Azerbaijan.
Second quarter gold production rose 39 per cent on the first three months of the year to 15,736oz, while copper output rose 62 per cent to 228 tonnes. Half year gold production totalled 27,054oz, whilst silver and copper totalled 21,924oz and 369 tonnes.
Anglo Asian added it is on course to meet its previous production forecast of between 62,000oz and 67,000oz gold for the full year, though the copper target has now been raised to 750 tonnes.
YOLO Leisure and Technology is a curious name for a company reborn given the acronym typically stands for 'You Only Live Once' nevertheless the shell, formerly security products firm Pentagon Protection, has rejoined AIM with a new investment policy.
The rebranded stock didn't receive a warm welcome, however, and was down over 40 per cent on Friday. Other big fallers included carpet maker Victoria Plc and Mercom Oil Sands, which shed 55 per cent and 38 per cent respectively in the past week.
Regency Mines PLC Share Price | This is Money
Solo Oil PLC Share Price | This is Money
Doriemus Plc Ord 0.001p Share Price | This is Money
TyraTech Inc Share Price | This is Money
AFC Energy PLC Share Price | This is Money
Anglo Asian Mining PLC Share Price | This is Money
Yolo Leisure And Technology Plc Ord 1p Share Price | This is Money
Read more: http://www.dailymail.co.uk/money/investing/article-2697514/SMALL-CAP-MOVERS-Expanding-syndicate-AIM-firms-gear-Horse-Hill-oil-project.html#ixzz37u0shBXc
Follow us: @MailOnline on Twitter | DailyMail on Facebook|
|tidy 2: Share profitsSince the beginning of June, there has been increasing speculation concerning the upcoming Horse Hill oil exploration drill in Surrey. Share prices of the four original David Lenigas influenced companies have increased by 200-300% in this time and I expect each of them to move even higher in the next few weeks, as the excitement increases the closer we get to the commencement of drilling. On Friday, two further companies joined the Horse Hill party in the form of Alba Mineral Resources (ALBA) and Regency Mines (RGM). It is worth mentioning that Regency also has a 14.9% stake in Alba, but the question remains which of the Horse Hill horses could be the largest winner?With each company having varying levels of interest in the Horse Hill project, as well as other projects, choosing which company to invest in can be quite a task. Given that the share price will be driven by the Horse Hill project in the short-term, a good starting point could be to use the ratio I have devised below. In the simplest terms I've rated each Horse Hill participating company according to its market cap against its Horse Hill % interest ratio.In other words, this shows for each %point the participating company owns, how much this is worth in relation to the current market cap. The results are below;Company Horse Hill % Interest Approx Mcap Approx Mcap to % Horse Hill RatioSolo Oil (SOLO) 10% £15.5million £1,550,000UK Oil & Gas (UKOG) 10.65% £12.5million £1,175,000Regency Mines (RGM) 5.745% £4.5million £783,000Doriemus (DOR) 10% £8million £800,000Stellar Resources (STG) 10% £7.5million £750,000Alba Mineral Resources (ALBA) 5% £2.5million £500,000According to my table, Solo Oil is the standout most expensive market cap for its Horse Hill interest. UK Oil & Gas has marginally the highest interest in Horse Hill (7.5% directly with Horse Hill Development Ltd (HHDL) and 3.15% indirectly through its 6% interest in Angus Energy which owns 52.5% of HHDL). However, its high market cap suggests that its Horse Hill interest is priced nearly 50% higher than Regency Mines, Doriemus and Stellar Resources. When you consider that Doriemus also has the upcoming Lidsey and Brockham oil drills, this is worth paying attention to. More on that later...Of all the participating companies in Horse Hill, Alba, on the surface, seems the cheapest. However, further investigation reveals that the company has very little cash, indeed around £250k less than is required to pay for their 5% stake in HHDL. A placing is therefore likely given that remaining monies will be 'payable in line with the cash calls (from HHDL) required for the drilling of the well.' I would therefore steer clear of Alba until it has raised the cash needed to pay for its stake.This leaves the trio of Regency Mines, Doriemus and Stellar Resources, all of which have a similar market cap to their percentage interest of Horse Hill, with Regency Mines being slightly the cheaper at the time of writing. It's worth noting that for Regency Mines, whilst they have the cash to pay for their Horse Hill interest, in the event that the project proves not to be commercial, or even worse is a duster then it is likely that significant cash will need to be raised to pursue other projects. I wouldn't be surprised if the company was to take advantage of its recent increase in share price and look to raise some equity.I therefore see either Doriemus or Stellar Resources as being the best place to invest your money for exposure to Horse Hill.Picking one of these two and Doriemus is my choice. Stellar Resources has plenty of cash, a 10% exposure and other assets in coal and Welsh gold, however what makes Doriemus the stand out for me is the exposure it has to the Lidsey and Brockham oil field's which will be drilled after Horse Hill. Whilst Stellar Resources may have a diverse range of potential assets, the oil and gas sector is experiencing a mini boom at the moment and is the place where money is moving into. With estimates of 500-1,500 barrels of oil per day being touted for Lidsey-2 drill, this could be just as exciting as the Horse Hill drill. To put into perspective how undervalued Doriemus is, UK Oil & Gas has a 10.65% interest in Horse Hill, and through its stake in Angus has an interest of 4.2% in Lidsey and 4.8% in Brockham whereas Doriemus has a 10% interest in Horse Hill but a much larger 20% interest in Lidsey and 10% in Brockham, yet UK Oil & Gas' market cap is nearly 50% more.As previously mentioned, I believe all companies with an interest in Horse Hill will see much more speculation in the next few weeks leading up to drill commencement. If the drill hits oil then regardless of whether proved commercial at that time or not, as seen with Mosman Oil & Gas (MSMN) recently, the share prices could quite easily increase to a level much higher than we've seen today. One would expect that those companies that are the cheapest to see the greatest gains, therefore I see Stellar Resources and Doriemus as being the best value for money currently.- See more at: http://www.shareprophets.advfn.com/views/6553/horse-hill-which-participating-companies-offer-best-value#sthash.ZlB4i8Pu.dpuf|
Stellar Res. share price data is direct from the London Stock Exchange