Fri, 5th Feb 2021 11:21
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.
AIM - WINNERS
Craven House Capital, up 24% at 1.00p, 12-month range 0.36p-1.58p. The emerging markets-focused merchant bank notes share price move, says there are no material unpublished developments in its investee companies which it believes require disclosure.
Bluerock Diamonds, up 14% at 64.22p, 12-month range 31p-101.50p. Miner reports 49% increase in net tonnes to 10.4 million and 53% rise in carats to 516,200 at its Kareevlei Diamond Mine in South Africa.
Kibo Energy, up 8.8% at 0.37p, 12-month range 0.15p-8.5p. The Irish multi-asset energy company says that subsidiary Mast Energy Developments has raised in excess of GBP5 million for its upcoming float on the London Main Market. On listing, Mast is expected to remain a Kibo subsidiary, with Kibo holding at least 55% of Mast on the day of admission.
17 December 2020 | 09:49am
StockMarketWire.com - Kibo Energy said it had submitted the draft power purchase agreement and was in talks on power requirements for the first phase of the Baobab Tete steel project.
Draft agreement for the supply of 200MW power from the Benga power station to the Baobab Tete steel project was submitted and currently in progress.
Discussions were ongoing on auxiliary power requirements for the first phase of a 250,000 tpa steel rolling mill of the steel project, on a build, own and operate basis, the company said. The potential addition of auxiliary power for the Baobab project could provide an ideal opportunity to leverage the company s knowledge and expertise in Mast Energy Developments, it added.