Share Talk Weekly Stock Market News Review, Sunday 16th July 2023

The junior market showed strength with the AIM All-Share Index experiencing a 1.3% increase, ending the week at 751.64, which showed notable recovery from recent losses. This uptick was partly

SLB, the global leader in oil services and equipment, announced on Friday that it is suspending all product and technology deliveries to Russia from all its businesses in response to

The upcoming week will place a spotlight on the UK’s inflation figures, after the previous month witnessed a surge in core prices, hitting a peak unseen for 31 years. Simultaneously,

This week, Baker Hughes, a prominent energy services company, reported that U.S. energy companies have reduced the operation of oil and natural gas rigs for the tenth time in the

The days of inexpensive capital are undoubtedly behind us, a reality that UK small caps grasp more than anyone as they struggle to secure affordable working capital in the market.

Update on Bridge Financing, Hedge Management and Board Change · £6m debt facility agreed in principle and waivers obtained · Potential £20m Global Refinancing · Discussion under way for future refinance of the senior and junior

Anticipated to begin in a varied manner on Friday, the US stocks follow a wave of recent sturdy growth as a result of favourable inflation reports and investor consideration of

Travellers may face disruptions during the summer at Gatwick Airport as staff have pledged to go on strike during some of the peak times of the year. Unite the union

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, Deltic,

Base metals head for best week in six months on US$ weakness MiFID II exempt information – see disclaimer below Happy Bastille Day – Joyeux quatorze Juillet Happy Bastille Day

Shares of Upland Resources (LSE: UPL) opened 24% higher on Friday after the company announced a new collaboration with Brunei’s national oil company. This week, discussions regarding Upland’s Sarawak block,

Pantheon Resources plc the AIM-quoted oil company with 100% working interest in the Ahpun and Kodiak oil fields situated on approximately 193,000 acres located adjacent to transportation and pipeline infrastructure

Savannah Resources plc, the European lithium development company is pleased to announce that further to its announcement dated 13 July 2023 (the “Launch Announcement”), it has successfully completed the Placing,

Strategic Minerals PLC (AIM: SML, OTC: SMCDF) plans to revise and resubmit its application for a grant to the Cornwall and Isles of Scilly Council’s (CIoS) shared prosperity fund after

The ultrawealthy’s demand for Rolex watches in Britain remains undeterred by the ongoing inflation crisis, leading to a surge in the waiting lists for these luxury items despite escalating prices.

WTI (Aug) $75.75 +92c, Brent (Sep) $80.11 +71c, Diff -$4.36 -21c. Author @mgrahamwood USNG (Aug) $2.63 -11c, UKNG (Aug) 67.0p -3.4p, TTF (Aug) €26.64 -€1.51. Oil price The oil price

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, Corero, Deltic,

The UK government has been slow to react to the perceived “threat” posed by China’s robust economic involvement across all sectors of the British economy, including the successful acquisition of

The UK is at risk of experiencing ongoing gas price shocks in the coming decades due to its decision to increase LNG imports from nations like the US, following the

Slowing US inflation weighs on the US$ and drives risk on sentiment MiFID II exempt information – see disclaimer below Pre-IPO financing for High-Purity Alumina project Li-ion batteries use a

Rockhopper Exploration PLC (AIM: RKH) informed shareholders that they are nearing the receipt of €190 million from Italy, thanks to a preceding favourable decision from the International Centre for Settlement

Conroy Gold and Natural Resources (CGNR) announced assay results from six shallow drill holes (totalling c.98m) at the Company’s Creenkill gold target in its Mines Royal (Newtownhamilton) option, located in

Trinity Exploration & Production plc (AIM: TRIN), the independent E&P company focused on Trinidad and Tobago, announces that the Jacobin well is currently being sidetracked, with drilling currently in progress.

Powerhouse Energy, a waste-to-gas company, announced that its European patent application titled “Method and Apparatus for the Treatment of Waste Material” has received approval. This moves the company closer to

MOU-4 update with results of NuTech petrophysical analysis Highlights · 64 metres of likely gas sands interpreted by NuTech in MOU-4 · Likely gas reservoir at top of Jurassic carbonate

Cathryn Ross, the joint interim chief executive of Thames Water, has rejected any insinuations that her past oversight as head of the industry regulator contributed to the current financial predicament

Potential Exploration Targets Defined from Recently Completed LIDAR Survey at the Hurricane Project, North Queensland ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia is pleased to

Shares in IOG PLC (AIM: IOG) declined by 13% following the announcement of first-half revenues that fell short of expectations due to what one city analyst referred to as “a

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, Amte, BT, Chill,

Metals pick up on a weaker US$ ahead of closely watched US inflation data MiFID II exempt information – see disclaimer below Pre-IPO financing for High-Purity Alumina project Li-ion batteries

The Communication Workers Union (CWU), representing Royal Mail employees, has approved a three-year wage agreement, which will result in a 6% salary increase in 2023. This pay boost will be

The Bank of England has issued a warning that by the close of the current year, approximately 650,000 families could be on the brink of defaulting on their mortgage payments,

Reabold Resources (RBD), the oil & gas investing company, provided details of the high-grading exercise of its North Sea licences. Author @ZaksTradersCafe The company said that with an abundance of

Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) has announced a second-quarter 2023 gold production yield of 23,078 ounces from the Segilola Gold mine in Nigeria, boasting an average grade of 2.99

IOG plc (AIM: IOG.L) provides an operational update in advance of the Company’s half-year 2023 results. The information contained herein has not been audited and may be subject to further

Baron Oil Plc (AIM: BOIL), the AIM-quoted oil and gas exploration and appraisal company, notes today’s announcement by Reabold Resources plc (“Reabold Resources”) in relation to offshore United Kingdom Licence

City analysts anticipate that the Bank of England will raise interest rates by half a percentage point for the second time in a row at its upcoming meeting, following data

Kavango Resources plc (LSE: KAV), the Southern Africa-focussed metals exploration company, announces it has today completed Hole KSZDD003 within the Company’s Kalahari Suture Zone North (“KSZ North”) project. Hole KSZDD003 aimed

The escalating cost-of-living crisis is prompting more individuals to turn to pawnbrokers as a method to liquidate assets or to purchase more affordable, used jewellery. Pawnbroker giant H&T has reported

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, Amigo, Allergy, BSF, D4,

China offers more support for property developers MiFID II exempt information – see disclaimer below CAA Mining (private) – Moab Minerals considering 100% acquisition of CAA Mining Moab Mining are

Shares of Predator Oil & Gas Holdings PLC (LSE: PRD) fell by approximately 15% in Tuesday’s morning trading session following the release of its most recent well data analysis for

Significant Magnetics Anomaly extends to a depth of at least 6km Empire Metals Limited (LON: EEE), the AIM-quoted resource exploration and development company, is pleased to announce the results of the first

Future Metals (FME), announced enhanced metallurgical recoveries from the leaching of flotation tailings, reagent optimisation test work and the chromite concentrate potential for its wholly owned Panton Project. Author @ZaksTradersCafe

Ondo InsurTech agrees Loan Note restructuring to support rapid growth. Ondo InsurTech Plc (“Ondo“), the London-listed leader in claims prevention technology for home insurers, is pleased to announce that it has agreed a

First Class Metals PLC (“First Class Metals” “FCM” or the “Company”) the UK metals exploration company seeking large scale metal discoveries across its extensive Canadian Schreiber-Hemlo & Sunbeam land holding is pleased to announce

WTI (Aug) $73.86 +$2.06, Brent (Sep) $78.47 +$1.95, Diff -$4.61 -16c. Author @mgrahamwood USNG (Aug) $2.57 -3c, UKNG (Aug) 81.36p +1.26p, TTF (Aug) €32.6 -€0.75. Oil price Oil rose just

BOIL remains one of my top picks for 2023. The catalyst is coming — but patience is required with this high-risk stock. Baron Oil (LON: BOIL) shares have had an

For the second time this year, a new benchmark has been set for the user engagement rate of a consumer application. OpenAI’s extensive language application, ChatGPT, notably eclipsed the 100

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, Canadian, GreenX, Hemogenyx, Helium

Weak Chinese inflation data fuels speculation for more stimulus MiFID II exempt information – see disclaimer below Beowulf Mining* (BEM LN) – Mikael Schauman appointed to the Board as Non-Executive

Oil prices have declined following the largest weekly surge since the beginning of April, as persistent worries about demand continue to weigh on investors. Brent futures experienced a 0.7% decrease,

Shares of Petro Matad Limited (AIM: MATD, OTC: PRTDF) took a 10% hit in the early trading hours of Monday, following the announcement that its Velociraptor-1 exploration well, situated in

NOTICE OF INVESTOR PRESENTATION LONDON and VANCOUVER, 10 July 2023 — Mkango Resources Ltd (AIM / TSX-V:MKA) (the “Company” or “Mkango”), announces that CEO, William Dawes and President, Alexander Lemon,

Tirupati Graphite (TGR), the specialist flake graphite and graphene company, provided its first update on the Mozambique Flake Graphite assets, post-acquisition. Author @ZaksTradersCafe The company said the pilot trials that

Drilling of Tai Prospect in Rukwa Basin, Tanzania on track for 3Q 2023 following the acquisition of Epiroc Predator 220 drilling rig and completed mobilisation to Tanzania Helium One Global (AIM: HE1), the

Great Western Mining Corporation PLC (AIM – GWMO, Euronext Growth – 8GW), which is exploring and developing gold, silver and copper targets in Nevada, is pleased to provide the following update

Länsförsäkringar – Sweden’s largest non-life insurer – sign new five-year contract to support national rollout Ondo InsurTech Plc (“Ondo“), the London-listed leader in claims prevention technology for home insurers, is pleased to announce that Länsförsäkringar Trygghetstjänster

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, Artemis, Cornerstone, Critical

The AIM All-Share Index dropped 1.8% to 740 this week, effectively reflecting the previous week’s poor performance. Join William Dawes, CEO & Co-Founder and Alex Lemon, President & Co-Founder of

The CEO of the Mexican oil company Pemex, Octavio Romero, announced on Saturday that a lethal blaze on a significant offshore platform on the Gulf of Mexico’s southern fringes has

If It Moves The Ronald Reagan quote of if it moves tax it, if it keeps on moving regulate it, and if it stops moving, subsidize it, is to quote

Energy companies in the U.S. have increased the number of oil and natural gas rigs for the first time in a span of 10 weeks, marking the most substantial weekly

Let’s check out some of the top risers and fallers on the junior market this week. This week, a significant event unfolded for AIM-listed company Glantus Holdings PLC (AIM: GLAN).

Southern Water has been barred from issuing dividends until at least 2025 due to escalating inflation-linked debt repayments. The utility firm revealed that its net financing expenses surged by over

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, Artemis, Caspian, Emmerson, MGC,

Twitter Inc (NYSE: TWTR) has warned that it might instigate legal proceedings against its competitor, Meta Platforms Inc (NASDAQ: FB), due to the striking similarities between their new app, Threads,

Tin extends gains to five-month highs as buyers secure supply over Myanmar concerns MiFID II exempt information – see disclaimer below Keras Resources* (KRS LN) – Shares trading after suspension

Bitcoin (BTC) experienced a day full of dramatic fluctuations in price on Thursday, with BTC/USDT peaking at an impressive US$31,500, yet settling at US$29,895 by midnight — a net loss

Helium One Global (AIM: HE1), the primary helium explorer in Tanzania, provides a rig update in relation to the Company’s contractual relationship with SOFORI taking into account today’s announcement by Noble

Helium One Global (HE1), the primary helium explorer in Tanzania, provided a rig update in relation to the company’s contractual relationship with SOFORI taking into account today’s announcement by Noble Helium

Residential property values have experienced their most significant yearly drop in 12 years, due to a mortgage crisis that’s deterring potential buyers. Year-on-year, prices plummeted by 2.6% in June, a

WTI ( Aug) $70.64 +78c, Brent (Sept)* $75.41 -13c, Diff -$4.77 +29c. Author @mgrahamwood USNG (Aug) $2.79 +9c, UKNG (Aug) 97.25p +12.75p, TTF (Aug) €38.85 +€4.99. *Brent August contract expiry

The Competition and Markets Authority (CMA) attributed the recent rise in fuel prices since 2019 to lessened competition among supermarkets. This lack of competition, coupled with Asda’s strategic attempt to

Oil prices are experiencing a surge following simultaneous announcements by Saudi Arabia and Russia to curtail supplies. Saudi Arabia has already instituted a reduction of an extra 1 million barrels

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, Cloudbreak, Canadian, Eurasia,

Copper rises despite China Caixin manufacturing PMI showing an ongoing slowdown MiFID II exempt information – see disclaimer below Alien Metals (UFO LN) – Alien takes on US$1m convertible to

Gas volumes produced and sold from the Saltfleetby Field equalled 6.8 mm therms in aggregate for the months of April, May and June 2023 combined, or an average of 2.3

Pantheon Resources plc the AIM-quoted oil and gas company with a 100% working interest in all of its oil projects spanning c. 193,000 acres adjacent and near to transportation and

RECOMMENDED CASH OFFER by Novacyt UK Holdings Limited (a wholly-owned subsidiary of Novacyt S.A.) for Yourgene Health plc to be effected by means of a Scheme of Arrangement under Part

Novacyt (NCYT) and Yourgene (YGEN) announced that they have reached agreement on the terms and conditions of a recommended cash offer to be made by Novacyt UK, for the entire

88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) recently confirmed the successful procurement of supplementary oil and gas production resources in Texas. The firm revealed the conclusion of a new acquisition involving

The International Energy Agency’s head, Fatih Birol, has urged families to prepare for a potential increase in energy bills this winter. He cautioned that a combination of dropping temperatures and

Eurasia Mining Plc, the palladium, platinum, rhodium, iridium and gold producing company, is pleased to announce that Rosendra has approved the Definitive Feasibility Study for the Monchetundra project in the

Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) has declared a strategic transformation aimed at garnering “sustained market acknowledgement of its recoverable resources”. In alignment with this new strategy, the company intends to

The approaching week ushers in the fresh month of July, marking the beginning of the second half of the year for business aficionados. It has investors on the lookout for

Thor’s journey to its current status has been quite remarkable. The company, now listed on the London Stock Exchange, operates a highly lucrative gold mine in Nigeria, in addition to

Another good week across the Small-Cap space with more than one returning 100%, just like the good old days. Pantheon Resources PLC (AIM: PANR, OTCQX: PTHRF) has revealed a strategic

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, Cloudbreak, De La

Twitter is now preventing unregistered individuals from accessing tweets and profiles on its platform unless they are logged into the social media network, a change that owner Elon Musk labels

Royal Mail’s service is facing severe criticism, described as “terrible” as an estimated 16 million people encountered postal delays last month, sparking demands for the industry regulator to step in.

France is struggling to recover from a fourth consecutive night of riots, instigated by the police shooting of Nahel M, a teenager of Algerian and Moroccan heritage. As his family

Oil prices ended higher on Friday, but they marked their fourth consecutive quarterly loss, fueled by investor concerns over a global economic slowdown potentially denting fuel demand. Benchmark Brent crude

For the second time in its history, Apple has attained a $3 trillion valuation, driven by the persistent demand for its iPhones. The tech behemoth crossed this significant benchmark as

The Eurozone has experienced a surge in core inflation, indicating that the single currency bloc continues to face persistent price pressures. The core rate, which excludes food and fuel costs,

Centrica’s Chief Executive, Chris O’Shea, has warned that energy bills are projected to remain high in the foreseeable future, placing added pressure on households that are already financially burdened. O’Shea

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, Amte, Aston Martin,

Interim Accounts for the six months ended 31 March 2023 and proposed £6m bridge financing Angus Energy is pleased to announce its interim accounts for the six months ended 31 March 2023

LONDON: 30 JUNE 2023 – ECR Minerals plc, the gold exploration and development company, is pleased to announce unaudited interim results for the six months ended 31 March 2023, along with a review of

Chinese PMI disappoint highlighting the need for government stimulus MiFID II exempt information – see disclaimer below Bluejay Mining* (JAY LN) – Bluejay Chairman highlights focus on Hammaslahti copper mine