Share Talk Weekly Stock Market News Review, Sunday 25th June 2023

Mortgage Furlough It was a memorable week, mostly for the wrong reasons. Much of it was dominated by the tragedy of Titan, where the fates could not have been more

Five million tonnes. That’s the impressive amount some analysts expect global lithium demand to hit by 2030, from just 500,000 tonnes today. Moreover, with supplies on track to fall considerably

Yevgeny Prigozhin, the leader of the Wagner mercenary group, has urged for a rebellion against Russia’s military hierarchy, announcing that he has 25,000 fighters ready to “resolve the chaos”. Russian

In an unexpected revelation, TikTok has conceded that some data belonging to its US users is housed in China, despite previous implications that all data was contained within US-based servers.

Amanda Staveley, the co-owner of Newcastle United, has found herself embroiled in a contentious bankruptcy dispute involving millions of pounds with Victor Restis, a Greek shipping magnate, according to information

Why has Audioboom Group PLC (AIM: BOOM), a podcast distribution platform, been consistently underperforming in the AIM market? The share price of this London-based company has seen a drastic drop

Leaders in the industry have issued a warning that there could be a global shortage of Lithium, a crucial element used in both medical and battery products if new mines

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Argo Blockchain, Audioboom,

EU growth pulls back as higher borrowing costs starts to weigh on consumers MiFID II exempt information – see disclaimer below Phoenix Copper* (PXC LN) – Extension of Loan Facility

Oil prices dropped for the second consecutive session and were on track for a more than 3% decrease on a weekly basis this Friday. This comes in the wake of

Reabold Resources (RBD), the oil & gas investing company, announced that it has completed its further investment in LNEnergy Limited, increasing its equity interest in LNEnergy to 16.2%. Reabold retains

Eni, the Italian energy giant, has confirmed its decision to purchase Neptune Energy, a private equity-backed company, for $4.9 billion, marking the largest cash transaction in Europe’s oil and gas

Economists have issued a stark warning that the imminent mortgage crisis is poised to decimate the savings of 1.2 million families this year, pushing numerous households into financial instability. The

Asiamet Resources Limited is pleased to share a recent interview with Executive Chairman Tony Manini on IGTV. Executive Chairman Tony Manini caught up with IG’s Jeremy Naylor to discuss Asiamet’s

Audioboom (AIM: BOOM), the leading global podcast company, today provides an update on current trading. ·    During 2023, the operational KPIs of the Company have continued to demonstrate year-on-year growth, however,

Germany has inked another extended agreement to import a larger quantity of US liquefied natural gas (LNG), shifting away from Russian energy amidst the ongoing Ukrainian conflict. SEFE, or Securing

Contango Holdings Plc, the London listed natural resource development company, notes recent speculation with respect to its offtake with AtoZ Investments (Pty) Ltd (‘AtoZ’). Given the subsequent volatility in the share price,

Caracal Gold PLC, the expanding East African gold producer with over 1,300,000oz JORC-compliant gold resources, makes the following updates. On 22 May 2022 the Company signed an acquisition agreement (the

The Bank of England has dealt a setback to mortgage owners by unexpectedly hiking interest rates to 5pc to combat persistent high inflation. The Monetary Policy Committee decided to boost

The cryptocurrency markets are currently experiencing a robust rally, with flagship digital asset Bitcoin (BTC) skyrocketing beyond the US$30,000 threshold during this morning’s trading session in Asia. The BTC/USDT trading

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Argo Blockchain, Andrada,

Stranger Holdings Plc (LSE: STHP) is pleased to confirm that it has secured committed equity funding of £3.5 million from Q Global Commodities Group (‘QGC’), one of South Africa’s leading independent commodity,

Copper extends gains on signs of improving Chinese domestic demand MiFID II exempt information – see disclaimer below American West Metals (AW1 AU) – Latest drilling suggests potential for sediment

Greatland Gold PLC‘s CEO, Shaun Day, shares an update on the company’s ongoing three-year construction program at Havieron in Western Australia, which is in its second year. The mining project

Jersey Oil and Gas PLC (AIM: JOG, OTC: JYOGF) has successfully finalized its farm-out deal with NEO Energy, which results in a 50% stake in the Greater Buchan Area (GBA)

Firering Strategic Minerals (FRG), an exploration company focusing on critical minerals, reported the definition of multiple lithium in soil anomalies and a planned auger drilling programme following the large-scale Phase

Next-Generation Oral Vaccine Programme Advancing Through Non-Dilutive Funding Poolbeg Pharma (AIM: POLB, OTCQB: POLBF), a clinical-stage biopharmaceutical company focusing on infectious and other prevalent diseases with high unmet medical needs,

“Bitcoin has continued its upward trend from the previous night, nearing the $30,000 mark for the first time since April. Today, the digital currency reached a high of $29,789 as

A total of £7 million in fines have been imposed on over 200 companies for violations affecting 63,000 employees, including non-payment of minimum wages. Prominent retailers such as Marks and

Anticipation of a spike in the Bank of England’s interest rate has soared in response to undesirable inflation and wage growth data, despite economists’ assertions that such market forecasts are

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Argo Blockchain, Avacta

China Extends EV tax breaks MiFID II exempt information – see disclaimer below Adriatic Metals* (ADT1 LN) – Vares Project construction nearing completion as first concentrate production looms Anglo American

Vast Resources plc, the AIM-listed mining company, is pleased to announce an update in relation to the Asset-Backed Debt facility from A&T Investments SARL (“Alpha”) as announced on 16 May

Last month, underlying inflation reached its highest point in 31 years, potentially impacting mortgage holders in light of the upcoming Bank of England’s interest rate decision. Despite economists predicting a

Hydrogen Utopia International PLC, a company specialising in turning non-recyclable mixed waste plastic into hydrogen and other carbon-free fuels, new materials or distributed renewable heat, announces that the Company has signed

Chill Brands Group PLC (LSE: CHLL, OTCQB: CHBRF) has recently declared its intent to enlarge the Chill.com product marketplace via a newly inked agreement. The distribution firm for consumer-packaged-goods confirmed

Chill Brands (CHLL), the consumer packaged-goods distribution company, provided an update on the expansion of its Chill.com product marketplace. Author @ZaksTradersCafe The company said it was delighted to be working

The Bank of England requires the assistance of both government policy and those who determine wages, and the road ahead is likely to be fraught with challenges. The likelihood of

 Successful Completion of Fifth Dose Escalation in AVA6000 Phase 1 Clinical Study Very positive safety profile of AVA6000 continues to be observed in the fifth cohort Several patients remain on

Power Metal Resources PLC (LON: POW) the London listed exploration company with a global project portfolio, announces key developments to its uranium (“U”) business, which covers a combined 1,005km2 across 17

WTI (Aug) $71.31 -62c, Brent (Aug) $76.09 -52c, Diff -$4.78 -5c. Author @mgrahamwood USNG (July) $2.66 +3c, UKNG (July) 90.75p +9.75p, TTF (July) €36.36 +€4.15. Oil price Very quiet as

Expectations are set for a weak opening for Wall Street this week following a public holiday on Monday. This comes in light of cautionary comments from Federal Reserve officials and

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Pound, Dollar, Gold,

Amid a spike in Chinese imports of Russian oil, it’s an opportune moment to examine the crude oil market dynamics. Oil prices have seen an uptick in London as China

China cuts rates to support waning growth momentum MiFID II exempt information – see disclaimer below Anglo Asian Mining* (AAZ LN) – BUY, target 204p – Updated investor presentation Aura

Economists have warned that a potential rise in the Bank of England’s interest rates to 6pc could lead to a mild recession in the UK, putting mortgage holders under severe

After covering the predominantly mining small caps last week, I thought it was high time to complete a review of the top biotechs on my radar as we start to

Atlantic Lithium Limited (AIM:ALL, OTCQX:ALLIF, ASX:A11) announced promising initial assay results from the ongoing resource and exploration drilling at Ewoyaa in Ghana, showcasing wider spans and higher lithium grades. The

Bitcoin and Ethereum are witnessing an upward trend, with several analysts forecasting an imminent market rally. Bitcoin, the top-ranked cryptocurrency in terms of market capitalization, saw a 1.45% increase over

Atlantic Lithium (ALL), the lithium exploration and development company, announced initial assay results from the resource and exploration drilling programme recently commenced at the Ewoyaa Lithium Project in Ghana, West

Golden Metal Resources plc (LON:GMET), a mineral exploration company focused on tungsten, gold, copper and silver within Nevada, USA, is pleased to announce a further update from the detailed interpretation and

Issues encountered while setting up a floating platform and connecting infrastructure have led to an increase in costs. North Sea-centric oil and gas corporation, Parkmead, has chosen to abandon its

Beacon Energy (AIM: BCE)  announce that drilling has started at the Schwarzbach-2 (“SCHB-2”) development well within the Erfelden Field, onshore South West Germany. Drilling operations are expected to take in

Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) has reported a notable advancement in its operations at the Carrizales Norte (CN) field, located in Colombia’s Tapir Block, part of the Llanos Basin.

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin,  Avacta, AIQ, Abingdon,

In its preliminary results for the year ending 31st December 2022, Tower Resources PLC (AIM: TRP), an Africa-based oil and gas firm, underscored its financing ventures and developments in exploration

Metals soften as Fed pressures market on inflation and potential China rate cut MiFID II exempt information – see disclaimer below Anglo Asian Mining* (AAZ LN) – BUY –Target 204p

Superdrug to sell Salistick™, the first ever saliva pregnancy test, initially in 400 stores and online Salistick™ also to launch on the Abingdon Simply Test website Abingdon Health plc (AIM: ABDX), a leading

New data indicates that the “chaotic” state of the mortgage market has resulted in properties lingering on the market for longer periods, compelling sellers to reduce their listing prices. Rightmove

Psych Capital (PSY), an investment firm specialising in the healthcare sector, announced that it has agreed to acquire 100% of the issued share capital of Shortwave Pharma Inc., a biopharmaceutical

Continuing development at Havieron surpasses 2,400 metres Drilling continues to intercept significant zones of high-grade gold and copper mineralisation Greatland Gold plc (AIM:GGP) (Greatland or the Company) is pleased to provide an

Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company announces that it has been notified that Joseph O’Farrell, Executive Director of the Company.

Avacta Group plc (AIM: AVCT), a life sciences company developing innovative, targeted oncology drugs and powerful diagnostics, notes the recent market speculation regarding possible fundraising. The Company regularly considers potential

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, BSF, Darktrace, Edenville

Honours Author @ZaksTradersCafe It is interesting in life how some things change, but most do not. For each age you are, there are equivalents. Each year as a child I

In the wider market, the AIM-All Share index had a flat week, adding 0.02% to 794 points, falling short of its benchmark, the FTSE 100, which rose 1.4% to 7,670.

According to an industry trade body, rural households could face a rise of more than 70% in their heating costs if they comply with the government’s net zero targets by

In a report issued on Friday, energy services company Baker Hughes Co (BKR.O) stated that U.S. energy companies have reduced the operation of oil and natural gas rigs for a

Economists are cautioning that the UK economy could be plunging towards a steep recession and a surge in unemployment if interest rates reach the 6% threshold that financial markets anticipate.

The imminent increase in interest rates implies that individuals intending to refinance their homes will face an average yearly cost hike of £2,900 starting in 2024, as per a declaration

In the wider market, the AIM-All Share index had a flat week, adding 0.02% to 794 points, falling short of its benchmark, the FTSE 100, which rose 1.4% to 7,670.

Binance, the world’s top cryptocurrency exchange, is currently under scrutiny by French authorities, as per French media reports. The investigation is primarily centered on Binance’s anti-money laundering protocols. This development

President Vladimir Putin announced that Russia has made its initial delivery of tactical nuclear weapons to Belarus. This delivery comes three months after unveiling the plan, which is causing escalating

The pound has reached its highest point since April of the previous year, as the Bank of England seems ready to hike interest rates beyond those of the US Federal

WTI (Aug) $70.62 +$2.35, Brent (Aug) $75.67 +$2.47, Diff -5.05 +12c.  Author @mgrahamwood USNG (July) $2.53 +19c, UKNG (July) 97.010p +4.75p, TTF (July) €37.075 -€5.72. Oil price In what is

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, ASOS, Audioboom, Altyn, Aston

Copper climbs as China considers more stimulus MiFID II exempt information – see disclaimer below Delta Lithium (DLI AU) – Japanese conglomerate invests $46.4m to advance Delta’s Australian pegmatite projects

Argos Resources Limited (AIM: ARG), provides an update on the proposed disposal of the Company’s PL001 Production Licence interests in the North Falkland Basin to JHI Associates Inc. (“JHI”). On

Zak Mir talks to Joachim von Halasz, Head of Investor Relations, Amazon Natural Spring Waters. Amazon Natural Spring Waters (ANSW), is a UK water company, that distributes bottled water around

The flagship cryptocurrency, Bitcoin (BTC), has experienced a decrease of approximately 6% so far this month as we cross the midpoint of June. However, a halt in the US Federal

Insiders anticipate that Cineworld Group PLC (LSE: CINE) is poised to engage administrators momentarily, mere days following Sky’s coverage of a restructuring scheme for the UK-based cinema chain. The task

Lift Global Ventures (AQSE:LFT), an investment company focused on financial media and the energy sector, updated on its investee company in the energy sector – Trans-Africa Energy Limited (TAE). Author

Multi-partner grant awarded for the validation of Genedrive® CYP2C19 ID Kit in time-critical NHS settings Manchester NHS Industry partnership programme for the rapid genomic test implementation genedrive plc (the “Company”),

Tesco PLC has announced an encouraging onset of inflation relaxation, accompanying an 8.2% increase in group comparable sales for the first quarter, driven by a robust performance in the UK.

Lift Global Ventures Plc (AQSE: LFT), an investment company focused on financial media and the energy sector, is pleased to provide an update on its investee company in the energy

Nationwide is preparing to raise its fixed-rate mortgage rates for the third time in three weeks on Friday, a move prompted by a surge in wholesale borrowing costs. The building