Share Talk Weekly Stock Market News Review, Sunday 23rd July 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, Andrada, Blackbird, Cleantech,

By-Elections Author @ZaksTradersCafe It should be the case that everyone, even political journalists, knows that by-elections mean absolutely nothing in the bigger picture. Much as is the case with council

I have already seen serious gains since investing in Ondo — is it time to take some profits, stick, or double down? by Charles Archer As an avid investor in UK

Kodal Minerals (LON: KOD) shares are changing hands for 0.50p, having fallen from its 0.88p high on 21 April 2023. by Charles Archer However, KOD remains significantly higher than when I

Baker Hughes (BKR.O), a leading energy services firm, reported this Friday that U.S. energy companies have continued to decrease the number of operational oil and natural gas rigs for the

The upcoming week promises to be quite eventful, featuring reporting from five of the FTSE 100’s top ten, as well as four of the major US tech conglomerates. In addition,

Production & Revenue Update The Company averaged production of 80,000 therms per day in June and has averaged 92,000 therms per day in the first 18 days of July. As

Valereum Plc, the Gibraltar technology group, is pleased to provide an update on the acquisition of the GSX. We have agreed a revised timetable with the GSX and the Gibraltar Financial Services Commission (“GFSC”)

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 Resources, Andrada

Copper rises on China stimulus speculation and lower Western inflation MiFID II exempt information – see disclaimer below Condor Gold* (CNR LN) – La India gold mine offers robust economics

Shares of Ascent Resources PLC (AIM: AST) saw an uptick in Friday morning’s trading following the company’s announcement of an escalated claim against the Republic of Slovenia. The firm declared

Despite engaging in a fierce price war, China’s leading automakers are struggling to meet their electric vehicle (EV) sales objectives in the world’s largest car market. A study conducted by

I3 Energy (I3E), an independent oil and gas company with assets and operations in the UK and Canada, revealed not one, but two TR1s. They revealed that institutional shareholders Premier

Premier African Minerals Ltd (AIM: PREM) announced today that it has reached an agreement with its CEO, George Roach, to receive a loan of up to £1.7 million. This short-term

THG PLC (LSE: THG) has divested two of its subsidiary businesses, accruing approximately £4 million in the process. This includes the sale of ProBikeKit, a provider of cycling gear, to

Filtronic wins €3.7 million payload development project with the European Space Agency Filtronic plc (AIM: FTC), the designer and manufacturer of products and sub-systems for the aerospace, defence, telecoms infrastructure and space markets,

Virgin Money UK has notified its employees that one-third of its branches are set to close by the end of this year. The challenger bank, which incorporates Clydesdale and Yorkshire

Helium One Global Ltd’s shares (AIM: HE1, OTCQB: HLOGF) saw a significant rise, nearly doubling in value, in early July following the company’s announcement that it had procured a drilling

UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that the High Court has today ruled that planning consent for the Company’s conventional gas and hydrogen feedstock project in Surrey,

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, Acuity, Amigo, Alkemy, Alien,

China eyes mortgage support to bolster faltering property sector MiFID II exempt information – see disclaimer below Beowulf Mining* (BEM LN) – Pre-Feasibility Study highlights strong potential of Graphite Anode

Shares of Lansdowne Oil & Gas (AIM: LOGP), a micro-cap Irish oil company, fell over 30% in Thursday morning’s trading as the firm announced plans for an equity funding round

Premier African Minerals Limited, provides a further update on both the progress at the Zulu Lithium and Tantalum Project (“Zulu”) and the Offtake and Prepayment Agreement (“Agreement”) entered into between

Jubilee Metals Group (JLP), a diversified metals processing group, with operations in Africa, published its unaudited Operational Update for the 12 months to 30 June 2023. Author @ZaksTradersCafe The company

Trinity Exploration & Production plc (AIM: TRIN), the independent E&P company focused on Trinidad and Tobago, provides an update on operations for the three-month period ended 30 June 2023 (“Q2 2023” or “the

SHANTA DELIVERS RECORD QUARTERLY PRODUCTION RESULTS Shanta Gold (AIM: SHG), the East Africa-focused gold producer, developer and explorer announces its production and operational results for the quarter ended 30 June

High-Grade Direct Ship Ore confirmed at Sirius Extension, results to support targeted upgrades of Resource classification and conversion of Resources to Reserves Alien Metals Ltd (LSE AIM: UFO), 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, Ariana, Angle, Cleantech, Cornish,

Gold prices hold higher again as the market loses faith in a September rate hike MiFID II exempt information – see disclaimer below Ariana Resources (AAU LN) – Construction at 23.5%-owned

Zak Mir talks to Oliver Friesen, CEO of Golden Metal Resources, as he runs through the July 2023 Company Presentation for the mineral exploration company focused on tungsten, gold, copper

Argo Blockchain PLC, an international front-runner in cryptocurrency mining (listed on LSE as ARB and on NASDAQ as ARBK), has revealed the successful pricing for the non-pre-emptive placement of new

Cornish Metals Inc. (AIM:CUSN, TSX-V:CUSN, OTC:SBWFF) informed its investors that the company has successfully installed its second submersible pump at the South Crofty tin mine project located in Cornwall, and

Audioboom (BOOM), the podcast company, announced its unaudited half-year results for the six months ended 30 June 2023. Author @ZaksTradersCafe The company said that while we have been disappointed with

Pennpetro Energy PLC (LSE: PPP), an independent oil and gas company focusing on production and development in Gonzales County, Texas, USA. Through its 100% subsidiary, Nobel Petroleum USA Inc. (“Nobel”),

Rishi Sunak has successfully negotiated a deal to establish an electric car battery factory in Somerset, committing £500 million in subsidies to Jaguar Land Rover. The automobile company’s parent company,

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, Carclo, Cleantech, Empire,

British employees lead their European counterparts in terms of working from home, maintaining the trend that emerged during the pandemic, despite attempts to encourage a return to office spaces. According

Travellers have been alerted to anticipate substantial lines at Dover this weekend as the port and ferry companies gear up for the largest summer exodus since the enforcement of post-Brexit

Gold rises on the weaker dollar as inflationary pressures ease MiFID II exempt information – see disclaimer below Andrada Mining (ATM LN) –Commissioning of tantalum bulk sampling plant and convertible

Goldman Sachs (NYSE: GS) has updated its analysis, reducing the odds of a US recession happening in the next year from 25% to 20%. This figure is still a bit

Despite South East Water’s fall into a £74m pre-tax loss due to a surge in its debt expenses, the company has issued a multimillion-pound dividend. The firm’s latest annual report

Andrada Mining (ATM), the African technology metals mining company, announced that it has raised £ 7.7 million (c.US$ 10 million) through the issue of 77 unsecured, convertible loan notes of

Oracle Power PLC (AIM: ORCP), a developer of energy and natural resource projects, is pleased to announce receipt of a topography survey report on its Green Hydrogen Project site in south-east Pakistan. Further to the Company’s announcement

Robinhood, the New York-based trading app known for fueling the contentious “meme stocks” speculation craze in the US, is setting its sights on the UK investor market. The no-commission company,

Sovereign Metals Limited’s (ASX: SVM, OTC: SVMLF, AIM: SVML) shares witnessed a 26% surge in Monday’s early trading following the announcement of Rio Tinto as their new strategic investor, injecting

The Kremlin announced that Russia has withdrawn from the Black Sea grain export agreement, causing wheat prices to rise. This agreement, orchestrated by the United Nations and Turkey last July,

The Russian government has assumed control of assets held by French dairy producer Danone and Danish brewing company Carlsberg, in a move initiated by Vladimir Putin to fund his unlawful

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, Bushveld, Cleantech, East

Rio Tinto investment into Sovereign Metals highlights drive for more graphite and titanium MiFID II exempt information – see disclaimer below Pre-IPO financing for High-Purity Alumina project Li-ion batteries use

Ondo InsurTech PLC (LSE: ONDO), the London-listed firm, has announced its new affiliate partnership with Waterwise, a prominent UK-based water efficiency non-governmental organisation. They intend to jointly tackle the growing

First Drill Programme at the Navarre Creek Project is now Underway Phoenix Copper Ltd (AIM: PXC, OTCQX: PXCLF), the AIM-quoted USA-focused base and precious metals emerging producer and exploration company,

Sovereign Metals (SVML) announced that Rio Tinto to make an investment of A$40.4 million in Sovereign resulting in an initial 15% shareholding. Author @ZaksTradersCafe Investment proceeds will be used to

Waterwise – the leading UK Water Efficiency NGO – makes Ondo an Affiliate Partner Ondo InsurTech Plc (“Ondo”), the London-listed leader in claims prevention technology for home insurers, is pleased to announce a

Mosman Oil and Gas Limited (AIM: MSMN), the oil exploration, development, and production company, following a communication from the Company’s Twitter account, provides the following clarification. We signed a non

Vast Resources plc, the AIM-listed mining company, is pleased to announce that, further to the announcement made on 27 February 2023 regarding the technical programme at its Baita Plai Polymetallic

Mansion House It would appear that the powers that be are still concerned that successive Governments and the EU have killed the gold goose that is the City of London,

As we move into the latter part of July, we anticipate a flurry of results and financial updates from both sides of the Atlantic. Key companies to keep an eye

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, Angus, Arix, Critical

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