Centamin (CEY) has emphasised a “most welcomed” Egyptian Supreme Constitutional Court judgment and that “operations at Sukari Gold Mine remain unaffected and continue as normal”. So what’s the “most welcomed” news?
Another day, another announcement from Kefi Gold & Copper (KEFI) – with this time boss Harry Adams “delighted” with the award of five further exploration licences in Saudi Arabia to the company’s 30%-owned joint venture. Is he sugaring the pill ahead of bad news in Ethiopia?
Platinum group metals and chrome producer in South Africa, Tharisa (THS) has issued an update on its first quarter of the year, including news that mining volumes were impacted by rainfall not seen in the history of the Tharisa mine but that it maintains full-year production guidance of 175koz-185koz PGMs (6E) and 1.75Mt-1.85Mt chrome concentrates. So what of a current 97.5p share price?
Wishbone Gold (WSBN) has stated states that it “is pleased to announce positive first assay results from the maiden drilling program at the company's Red Setter gold-copper project in the Patersons Range area in Western Australia” and ramper-in-chief David Lenigas doesn’t see why the market has reacted as it has – the shares currently down to 4.7p to sell, though adding that someone’s sell is another person’s buy.
Probiotix Health (PBX), spun-off onto Aquis by OptiBiotix Health (OPTI) which retains a 44% shareholding, has issued a “Commercial and scientific update” including that “with growing sales, operational profitability, and a clear strategic focus on growing the business by commercialising ingredients and final products across more territories and more application areas with existing and new partners, we look forward to 2023 with great confidence and excitement”. What’s the detail from a current 21.5p share price, £26.2 million market cap?
Fuel, food and feed distribution group NWF (NWF) has announced “ahead of the board's expectations” trading and an acquisition it states further expands and infills the geographic coverage of its Fuels business within the UK and is expected to be immediately earnings-enhancing.
Security and surveillance systems company Synectics (SNX) has announced “second half profit is expected to be higher than in the first half, resulting in an underlying profit for the full year being slightly ahead of market expectations” with gross margins holding up well.
Plastic products designer, manufacturer and supplier Coral Products (CRU) has announced results for its half-year ended 31st October 2022 and that, following investments made, it is “confident of the group's future prospects”.