Bluebird Merchant Ventures (BMV) has announced what it emphasises is “A Transformative Free Carry Structure to Advance c.1.3m oz High Grade Gold Mine to Production”. The shares are more than 40% higher at 0.875p in response, but there looks much further upside potential.
Kefi Gold & Copper (KEFI) has announced on Tulu Kapi gold project financing that, with the syndicate parties it is awaiting approvals from, “commitments and independent checks have allowed the syndicate parties to advance their processes and remain on track for completing final approvals this month”, with also the company now targeting an elevated beneficial project interest of 80%. This is good news from a 0.545p share price and, although now up to 0.60p, there looks much further to go in the weeks ahead.
Transense Technologies (TRT) has announced that it has formally joined a £37.8 million project looking into new lighter, lower maintenance, landing gear systems, with the move with “the SAWsense technology potentially allowing critical measurements to be made that were not possible with other technologies”. What does this mean to the company?
OptiBiotix Health (OPTI) has announced a manufacturing agreement for the supply of its Slimbiome-containing products in India, emphasising a significant opportunity there with a growing middle-class in a population of 1.4 billion people and obesity prevalence at above 40%.
Agriculture and Engineering group Carr’s (CARR) recently announced results for its half-year ended 29th February 2024 and we consider that they suggest attractive upside potential from a 133p offer price for the shares, £125.5 million market capitalisation. Here’s why…
Ariana Resources (AAU) states that it “is pleased to announce that it has entered into a conditional merger agreement to acquire 100% of Rockover Holdings”. How ‘pleasing’ is it though, with the shares down to a 2.3p offer price in response?
Cleaning, hygiene, and decontamination group React (REAT) has issued a trading update emphasising half-year ended 31st March 2024 “good sales growth across all three divisions of the business… Adjusted EBITDA of £1.3m up 38%”. How good is the news from a currently up to 72p offer price for the shares?
Anglo Asian Mining (AAZ) has issued a first quarter of the year update including commencing that gold production from heap leaching and copper production from sulphidisation, acidification, recycling and thickening (SART) continued throughout the quarter, but that “production was significantly reduced during the quarter due to operations remaining partially shut down as the company awaits permission to raise its tailings dam wall, which it expects to receive shortly”. Is there still significant recovery potential from an unchanged 63.5p share price? We suggest so.
Producer from the Bushveld Complex in South Africa, Tharisa (THS) has announced a second quarter of its year to 30th September 2024 update including that its performance means it is “on track to meet guidance” for the full-year of 145koz-155koz PGMs (6E) and 1.7Mt-1.8Mt chrome concentrates. Is that good news from a current around 66p share price?
Recently Anpario (ANP) stated that it was “pleased to announce its full year results for the twelve months to 31 December 2023”. The results actually included lower earnings, revenue and cash but also signs of recovery which don’t look reflected in the current share price.