Share Talk Weekly Stock Market News Review, Sunday 8th October 2023

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,  AIM Index, Arc,

A video posted on Telegram seems to display the charred remains of a Su-35 aircraft in a field. It’s believed that Russian forces mistakenly shot down one of their top-tier

Metro Bank, a UK-based lender (MTRO.L), has turned down several acquisition proposals from business lending expert Shawbrook, with the latest attempt reported by Sky News to have been in the

This week, U.S. energy companies reduced the operational oil and gas rigs for the third consecutive week, a trend not seen since early September, as noted in the latest report

The junior market experienced a rough week, as the AIM All-Share Index fell by 4%, surpassing the 1.8% decline of the FTSE 100 blue-chip index. In addition to significant losses

Aviva shares surged up to 10% today due to rumours suggesting it might be a takeover target for an overseas buyer. On Friday, the share price of the company climbed

Snapchat’s AI chatbot might face closure in the UK due to concerns raised by the privacy regulator regarding its potential risks to children. The UK’s Information Commissioner’s Office (ICO) pointed

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, Audioboom, Bluejay, Corero,

Oil is set for its most significant weekly decline in 17 months due to concerns about the global economy adjusting to elevated interest rates. Brent crude, the global standard, has

The Russian rouble has declined beyond 101 against the dollar, reaching its lowest point since August due to plummeting oil prices affecting Putin’s administration. Earlier, the rouble hit 101.50 against

Copper prices bounce from May lows as China volumes remain muted on holidays MiFID II exempt information – see disclaimer below Asiamet Resources (ARS LN) – BKM Project update as

This week, Lloyds Banking (LON: LLOY) and NatWest Group (LON: NWG) received inquiries about the possibility of acquiring a part of Metro Bank’s (LON: MTRO) mortgage portfolio, as the latter

Molopo Farms Complex, Botswana – Exploration Update Identification of High-Priority Drill Target   Power Metal Resources PLC (AIM:POW), the AIM listed exploration Company seeking large-scale metal discoveries across its global project portfolio, announces

Canadian Overseas Petroleum Limited and its affiliates (XOP: CSE) & (COPL: LSE), an international oil and gas exploration, production and development company with production and development operations focused in Converse

Asiamet Resources (ARS) updated across various workstreams for the development of the Company’s wholly owned, feasibility stage, BKM copper project located in Central Kalimantan, Indonesia. Author @ZaksTradersCafe The financing workstreams with

Asiamet Resources Limited (AIM: ARS) is pleased to provide the following update across various workstreams for the development of the Company’s wholly owned, feasibility stage, BKM copper project located in

House prices have seen a decline for the fifth straight month, attributed largely to the increase in borrowing expenses. In the year leading up to September, the average property value

Vast Resources plc (AIM: VAST) the AIM-listed mining company, announces that it has raised £1,819,350 gross through a placing (the ‘Placing’) of 933,000,000 ordinary shares of 0.1p in the Company (‘Ordinary

WTI (Nov) $84.21 -$5.02, Brent (Dec) $85.81 -$5.11, Diff -$1.60 -9c. Author @mgrahamwood USNG (Nov) $2.96 +1c, UKNG (Nov) 93.46p -1.54p, TTF (Nov) €38.345 -€0.86. Oil price Oil took a

Oil prices are set to experience their most significant weekly drop since March due to a major downturn in financial markets. This downturn is driven by concerns that interest rates

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, Arkle, Critical Mineral,

Industrial metals prices follow oil lower on global demand concerns MiFID II exempt information – see disclaimer below Anglo American (AAL LN) – Reduced rough-diamond sales at De Beers eighth

 Update on gas offtake, development financing and rigless testing Highlights ·    Discussions opened to sell the Company’s share of gas at the well head ·    Financing options for the Company’s share of

Operational update Helium One Global (AIM: HE1), the primary helium explorer in Tanzania, has the following update on the drilling of the Tai-3 well. At 22:15 hrs EAT (20:15 hrs

Metro Bank Holdings PLC (LON: MTRO) plans to secure £600 million from backers to strengthen its strained balance sheet after facing numerous financial challenges and regulatory obstacles. Sky News initially

SDX/CITIC GAS PREPAYMENT PARTNERSHIP UPDATE   SDX is pleased to announce that, further to its announcement on 13 September 2023 where the Company announced a Gas Prepayment Heads of Terms

Untangling the financial mess — £1,000 down the drain or shrewd speculative bet? It gets complicated. by Charles Archer A couple of days ago I released an article highlighting the importance of

ECR Minerals (ECR), the exploration and development company focused on gold in Australia, is pleased to announce the final rock chip results and latest exploration developments at the Hurricane Project. Author

Positive results from influenza human challenge study conducted by hVIVO Pneumagen to advance antiviral candidate into further clinical studies hVIVO plc (AIM & Euronext: HVO), the world leader in testing infectious

ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to announce the final rock chip results and latest exploration developments at the Hurricane Project. The

Marula Mining (AQSE: MARU) an African focused mining and development company, announces that further to the announcement on 18 August 2023, that assay results on the samples taken from the

Orcadian Energy has one of the largest development-ready projects in the North Sea now with the prospect of a ‘free carried to first oil’ deal with Orcadian’s share worth $200M

Rishi Sunak has cancelled the HS2 project segment between Birmingham and Manchester, a decision that critics say hampers the “levelling-up” initiative. The Prime Minister has plans to reallocate the £36bn

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, Aterian, Arkle, Horizonte, Helium

Metals pull back on collapsing global bond markets MiFID II exempt information – see disclaimer below Alien Metals (UFO LN) – Award of licence for the Hancock Iron Ore Project

The rise in US Treasury yields has put a strain on oil prices, elevating the dollar to its peak against primary currencies since November. Brent crude has seen a 0.6%

Amaroq Minerals Ltd. (AIM, TSXV, NASDAQ Iceland Main Market: AMRQ), Icelandic reg. no 600122-9910, an independent mine development company with a substantial land package of gold assets and strategic mineral

Bens Creek Group PLC (AIM: BEN, OTC: BENCF) celebrated a six-month record for its steel-making coal production, achieving a new monthly peak in September alongside a decrease in costs. The

i3 Energy PLC (AIM: I3E) (TSX: ITE), an independent oil and gas company with assets and operations in the UK and Canada, announces the following update regarding Serenity. i3 Energy is aware that

i3 Energy (I3E), an independent oil and gas company with assets and operations in the UK and Canada, announced an update regarding Serenity. Author @ZaksTradersCafe The company said it has been

Asian markets witnessed widespread declines due to a massive disturbance in the global bond market, prompted by concerns that interest rates may remain elevated for an extended period. Tokyo and

Marula Mining (AQSE: MARU) an African focused mining and development company, announces that the Phase 1 drilling program at the Blesberg Lithium and Tantalum Mine in South Africa (“Blesberg” or the “Project”)

Been a while since we last spoke to Ben, the recent news was the company announcement of an agreement to acquire six new PLs. The PLs cover ground adjacent to

Sam Bankman-Fried faces trial today regarding claims of misappropriating billions from FTX cryptocurrency exchange users. Almost a year post the company’s downturn which shocked the financial world and dented his

The planned two-day strike across the London Underground has been cancelled at the last minute after unions secured certain concessions. London Tube workers have decided not to strike on Wednesday

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, Ascent, Aurrigo, C4X, Dukemount,

Hawkish Fed comments pull risk sentiment lower MiFID II exempt information – see disclaimer below Alien Metals (UFO LN) – Heritage Agreements for the Hancock Iron Ore project Fulcrum Metals

Manchester United’s (NYSE: MANU) investors appear unimpressed with Sir Jim Ratcliffe’s suggestion of acquiring a mere 25% stake, proposing a co-ownership alongside the Glazers. Conversely, sources indicate that Qatari businessman,

Marula Mining (AQSE: MARU) an African-focused mining investment company, is pleased to announce that the Company and its wholly-owned South African subsidiary, Marula Lithium Mining South Africa Pty Limited (“MLMSA”),

The Russian rouble dipped beyond the notable mark of 100 per dollar, but rebounded slightly during early transactions, as Moscow grapples with a diminishing current account surplus. In August, the

Alkemy Capital (ALK) updated on the supply of feedstock and the sale of lithium products from its proposed facilities at the Teesside Freeport, UK and Port Hedland, Western Australia.  Author @ZaksTradersCafe

Third Quarter Production and Operations Update ·    Production for the Quarter was 7.9 mm thermsup ·    Estimated revenues of £6.3m for the Quarter Gas volumes produced and sold from the Saltfleetby Field equalled 7.9 mm therms in aggregate for

Alkemy Capital Investments plc (ALK: LSE) (JV2:FRA) is pleased to provide an update on the supply of feedstock and the sale of lithium products from its proposed facilities at the Teesside

Synairgen PLC (AIM:SNG, OTC:SYGGF) has welcomed Dr. Marcin Mankowski, a veteran pharmaceutical physician and drug developer, as its chief medical officer with immediate effect. The company, currently advancing its SNG001

WTI (Nov) $90.79 -92c, Brent (Dec)* $92.20 -$3.18, Diff -$1.41 -$2.26. Author @mgrahamwood USNG (Nov) $2.93 -2c, UKNG (Nov) 109.66 +8.51p, TTF (Nov) €41.25 -€0.94. *Brent November contract expiry. Oil

Fuel bills for drivers may decrease in the coming months, as a prominent Wall Street bank anticipates that Brent crude prices will drop by over 20% to around $70 next

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, Corero Network Security,

On 29 September, the Company announced that financing discussions were ongoing and that should sufficient financing not be secured it would need to appoint an Administrator. The Company has been

Risk sentiment picks up as US avoids shutdown MiFID II exempt information – see disclaimer below Bluejay Mining* (JAY LN) – Drilling shows 5.7m at 2.99m copper equivalent  at Hammaslahti

Households are expected to contribute an additional £156 annually by 2030. England and Wales water companies suggest significant hikes in household bills to fund an unprecedented £96bn investment in water

MicroSalt, backed by the IP investment entity Tekcapital PLC (LSE: TEK), is set to debut on the AIM growth market through a public retail offering on PrimaryBid. Previously known as

Stranger Holdings plc, a company formed for the purpose of acquiring a business, project or assets in order to potentially generate significant shareholder returns, is pleased to confirm that its Prospectus

Critical Mineral Resources (LON: CMR) has entered into a definitive agreement to partner on the Zagora cobalt initiative in Morocco. Located about 90km south of the historic Bou Azzer district,

MicroSalt said it was pleased to announce the Launch of its Primary Bid offer as part of its AIM IPO looking to raise in total £10 to £15m, giving private

Tower Resources plc (TRP.L, TRP LN), the AIM-listed oil and gas company with a focus on Africa, announces that its Chairman and Chief Executive Officer, Jeremy Asher, has conducted a video

CoTec Holdings Corp. (TSXV: CTH; OTCQB: CTHCF) and Mkango Resources Ltd. (AIM/TSX-V: MKA) announced that CoTec has converted its £2 million convertible loan note in Mkango into additional shares of

ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to announce an extension to its option to acquire Placer Gold Pty Limited, the

Cars We are all aware that cars are a tax magnet, and perhaps this is the way it should be given the relative luxury of driving around, as compared to

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, Aterian, Cizzle, East

Oil prices dipped 1% on Friday because of broader economic worries and traders taking profits. However, they surged approximately 30% over the quarter, influenced by OPEC+ production restrictions tightening the

The FTSE AIM market has fallen in value by a third over the past five years, and 12% in 2023 alone. By Charles Archer Of course, small caps are all

John Lewis has halted its insurance offerings for electric car owners due to concerns about the expense of repairs. John Lewis Financial Services, the financial arm of the department store,

When the OPEC+ panel convenes next Wednesday, they are not anticipated to adjust the present oil production policy, according to four sources familiar with the matter who spoke to Reuters.

Oil prices dipped 1% on Friday because of broader economic worries and traders taking profits. However, they surged approximately 30% over the quarter, influenced by OPEC+ production restrictions tightening the

Of course, small caps are all about picking the winners — but in an environment where the market as a whole continues to slide, it can become disheartening — especially

The upcoming week ushers in October and is anticipated to deliver news from prominent consumer brands such as Tesco, Greggs, Boohoo, and Wetherspoons. Additionally, blue-chip firms, namely the water utility

The British growth markets in 2023 have largely been plagued by a lack of funding. However, recent activities hint at a potential turnaround, especially in the mining sector. The week

WTI (Nov) $91.71 -$1.97, Brent (Nov) $95.38 -$1.17, Diff -$3.67 +80c. Author @mgrahamwood USNG (Nov) $2.95 +5c, UKNG (Nov)* 109.5p +7.5p, TTF (Nov) €42.190 -€2.71. Oil price No surprise that

The question above has been debated for as long as the first cryptocurrency “Bitcoin” has been alive. In fact, there is even a website tracking how many times newspapers have

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, Crude Oil, Aim

In its recent interim results statement, Zephyr Energy PLC (AIM: ZPHR, OTCQB: ZPHRF) informed shareholders that it anticipates seeing returns from its active phase for both the Williston Basin assets

Copper and nickel rise as China starts to resolve property development crisis MiFID II exempt information – see disclaimer below Arc Minerals* (ARCM LN) – Interims Bluejay Mining* (JAY LN)

Resources conglomerate MetalNRG PLC (LSE: MNRG) has completed a strategic business review, concluding with a refined focus on the mining sector, specifically honing in on gold and copper projects. This

CleanTech Lithium (CTL), an exploration and development company, advancing sustainable lithium projects in Chile for the clean energy transition, announced an update on activities at two exploration stage projects – sampling

Positive Conclusion Reached in Immunomodulator I Patent Opposition Patent opposition hearing cancelled 29 September 2023 – Poolbeg Pharma (AIM: POLB, OTCQB: POLBF, ‘Poolbeg’ or the ‘Company’), a clinical-stage biopharmaceutical company targeting diseases with a

Marula (AQSE: MARU), an African focused mining and development company, is pleased to provide its unaudited interim results for the six months ended 30 June 2023 (the “Period”). Highlights Marula

Mosman Oil and Gas Limited (AIM: MSMN) the oil, gas, helium and hydrogen exploration, development, and production company, is pleased to announce the appointment of Carl Dumbrell as an independent