Page 555 - Small Caps News Today

Stockbroker SP Angel highlighted several near-term valuation catalysts for Union Jack Oil. Union Jack Oil PLC (LON:UJO) presents a compelling value opportunity, according to stockbroker SP Angel, which repeated a ‘strong buy’ recommendation. With a target price of 176p the stockbroker see some 400% upside to the current price of 34.37p. Commenting on Monday’s financial results statement SP Angel analyst Sam Wahab highlighted that the company is well-funded and debt free. “Bucking the tr...

Tungsten recovery rates continue to improve and were around 50% during April, it said. Funds from the placing will also provide additional working capital to cover the ramp-up in production at La Parrilla. The AIM-quoted company raised £2.26mln before expenses through a placement of 28.3mln shares at 8p per share, a 13.5% discount to Friday’s closing price. Its chairman Michael Masterman also intends to participate and invest £250,000 on the same terms as the placing, once the company has ...

"We have revised upwards our forecast portfolio 2021 earnings growth" Steelmakers earning are on the up Vietnam Holding Limiteds (LON:VNH) net asset value rose by 8.3% in April helped by the performance of portfolio heavyweight VP Bank. The bank closed a deal to sell 49% of its subsidiary FE Credit to SMBC, which will benefit it in the long run and strengthen its financial capability for the next cycle of development, said Dynam Capital, VNH’s manager. Core banking and payments s...

“We are now seeing the benefit of this work in 2021" Minto mine Gati Al-Jebouri, chief executive, said: "These results reflect 2020 being a year in which the Minto team developed the mine and laid the groundwork for future success, despite the unexpected challenges that they faced in the year from the Covid-19 pandemic and a low copper price. “We are now seeing the benefit of this work in 2021 and the recently announced result of the 43-101 Preliminary Economic Assessment Techni...

Buru Energy directors show confidence in oil & gas strategy with on-market purchases Preparations for the spud of the Kurrajong 1 conventional oil exploration well are well advanced with the construction of the drilling pad nearing completion. Buru Energy and partner Origin Energy will drill two major exploration wells in the Canning Basin this year. Buru Energy Limited (ASX:BRU) (OTCMKTS:BRNGF) (FRA:BUD) directors have demonstrated their confidence in the company’s oil & gas stra...

The plan is to recommission a plant that was built around EQTECs technology back in 2015 The plant was built around EQTECs proprietary and patented Advanced Gasification Technology. It was originally commissioned in 2015, with a capacity of 1 megawatt. Once it is operational again, its intended that the plant will convert straw and forestry wood waste from local farms and forests into green electricity and heat which will be used in the local community. The partners envisage that the plant will...

For the period ended March 31, 2021, the high-tech company reported revenue of $6,264,503, up 771%, compared to $718,908 in revenue in the first...

A glance at some of the days highlights from the Proactive Investors US and Canada newswires

We are now in a strong cash position, have reliable financing resources, and have retired all but $456,000 of our convertible debt, says CEO Dennis...

Visitors to the Slim Winkel e-commerce site will be treated to informative blogs and educational tips that will allow them to easily integrate the...