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LSE Market News

Access Intelligence: Shoot the dog or follow the bird in charge?

04 Dec 2012 @ 15:49
Shares in AIM-listed governance, risk and compliance software provider Access Intelligence (LSE:ACC) have yet to really spark since I recommended them on t1ps, the website I founded in 2000 and edited until September of this year, in November 2010 at 4.25p. They have traded briefly above 5p since but fell to lows of 2.25p a […]
 

Pursuit Dynamics – Close Short for now & Bank Gains

04 Dec 2012 @ 15:19
I continue to regard AIM listed Pursuit Dynamics (LSE:PDX) as a total joke of a company and the fact that it has raised another £6 million at 3p to keep the show on the road does not alter the fact. This enterprise has consistently had its “world changing” technology out for trial after trial after […]
 

Focus Proves Effective at Amino

04 Dec 2012 @ 14:56
Amino Technologies (LSE:AMO) is proving that focus is one of the keys to achieving corporate goals.  After announcing its trading update for the year ending 30 November, Amino’s share price rose nearly 15% from 57.00 pence to 65.25 pence by mid-afternoon. The word “focus” appears no less than four times in the  brief report. The […]
 

Failed Well Drills Tullow Oil, Wessex, and Northern Petroleum

04 Dec 2012 @ 13:25
An unsuccessful well in the French Guiana drilled three oil players down on the London Stock Exchange today as the operator announced no commercial hydrocarbon was encountered following months of drilling. At 10:45 AM GMT, shares of major oil player, Tullow Oil plc (LSE:TLW), and those of Wessex Exploration plc (LSE:WSX) and Northern Petroleum plc […]
 

IQE – A world leader from Wales (there has to be one)

04 Dec 2012 @ 12:46
Like a capitalist-supporting article in the Guardian or a Gordon Brown appearance in Parliament, AIM-listed IQE plc (LSE:IQE) is a rarest of things – in its case a Welsh world leader in an economic space. The company is a leading global supplier of advanced ‘wafer’ products and services to the semiconductor industry – which then […]
 

Stellar Diamonds Reaches 1 Million Carats Resource at Tongo Project

04 Dec 2012 @ 12:01
West Africa-focused Stellar Diamonds plc (LSE:STEL), has accomplished its target of expanding its resource from its Tongo project in Sierra Leone to at least a million carats, following the conclusion of expansion drilling, the company said Wednesday. In a statement, Stellar announced a 63% in a JORC-compliant inferred resource from Dyke-1 of its Tongo licence […]
 

Ceres Power & Duff Calls – Still a sell

04 Dec 2012 @ 11:53
Fuel cell technology developer and all round eco-green nonsense penny dreadful Ceres Power (LSE:CWR) is not going bust. It has found a saviour. As such my target price of 0p is (pro tem ) looking a bit optimistic. For now. But are the shares really worth 3.01p? I very much doubt it. As I shall […]
 

Nighthawk Finds Conventional Oil Along with Shale

03 Dec 2012 @ 15:30
US-focused shale oil development and production company, Nighthawk Energy (LSE:HAWK), revealed earlier today that the well drilled on the northernmost part of its wide acreage in Colorado encountered not only shale oil but conventional oil, a month after it has been drilled to its target depth. The Steamboat Hansen 8-10 well, the fourth of the […]
 

Pan African Resources Evander purchase update

03 Dec 2012 @ 15:18
 AIM-listed, South Africa-focussed precious metals miner Pan African Resources (LSE:PAF) has today updated investors on the ongoing process for its prospective Rand1.5 billion (circa. £110 million) acquisition of Evander Gold Mines Ltd. At a current 20.75p share price, capitalising the company at just over £300 million (£378 million adjusting for a prospective rights issue), Pan […]
 

Minera Drilling News – A Golden Prospect?

03 Dec 2012 @ 13:19
AIM, Canada and Peru-listed Latin American gold miner, Minera (LSE:MIRL) has followed last week’s publication of a feasibility study on its Ollachea project in Peru with an announcement that it has awarded a contract to begin drilling extensions of the Ollachea ore bodies from underground. This is a company I followed for a couple of […]
 
 
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