Zak Mir highlights some of the most followed stocks on the small-cap London market and gives an overview of the fundamentals in this charting update. Exclusive to Share Talk, here are today updates sponsored by UKInvestorShow (https://www.ukinvestorshow.com/)

Anglo Asian Mining (AAZ)

Condor Gold (CNR)

Hummingbird Resources (HUM)

Highland Gold Mining (HGM)

Novacyt SA (NCYT)

Oriole Resources (ORR)

Petropavlovsk (POG)

Zakmir.com (https://zakmir.com/) is a purely journalistic website – Zak Mir is a member of the National Union of Journalists. There is no intention here of providing financial advice. It is recommended you seek an independent professional opinion before deciding whether or not to take any action with regard to anything written here.

Zak Mir highlights some of the most followed stocks on the small-cap London market and gives an overview of the fundamentals in this charting update. Exclusive to Share Talk, here are today updates sponsored by UKInvestorShow (https://www.ukinvestorshow.com/)

Angus Energy (ANGS)

Block Energy (BLOE)

Ilika (IKA)

Kier Group (KIE)

Seagate Technology (STX)

Versarien (VRS)

Xtract Resources (XTR)

Zakmir.com (https://zakmir.com/) is a purely journalistic website – Zak Mir is a member of the National Union of Journalists. There is no intention here of providing financial advice. It is recommended you seek an independent professional opinion before deciding whether or not to take any action with regard to anything written here.

https://www.share-talk.com/share-talk-bulletin-board-heroes-thursday-5th-march-2020/

We catch up with Craig Moulton, Director of Cobra Resources  Plc, to get an understanding of the strategic focus. Craig also provides a history of the Wudinna project and the recent RNS discussing pathfinder elements for gold.

Zak Mir highlights some of the most followed stocks on the small-cap London market and gives an overview of the fundamentals in this charting update. Exclusive to Share Talk, here are today updates sponsored by UKInvestorShow (https://www.ukinvestorshow.com/)

Condor Gold (CNR)

EQTEC (EQT)

Haydale Graphene Industries (HAYD)

Independent Oil & Gas (IOG)

Nuformix (NFX)

Oncimmune Holdings (ONC)

Richland Resources (RLD)

Versarien (VRS)

Zakmir.com (https://zakmir.com/) is a purely journalistic website – Zak Mir is a member of the National Union of Journalists. There is no intention here of providing financial advice. It is recommended you seek an independent professional opinion before deciding whether or not to take any action with regard to anything written here.

https://www.share-talk.com/share-talk-bulletin-board-heroes-wednesday-4th-march-2020/#gs.yuzus9

88 Energy (88E) announced that Charlie-1 appraisal well drilling has commenced.  To quote, they are "optimistic that success is just around the corner."  This is a credible drill since Premier Oil (PMO) has farmed in, and a big one targeting 1.6 billion barrels of oil and 480 million barrels net to 88E.  

SDX Energy (SDX) announced that their play-opening BMK-1 well in Morocco encountered commercial quantities of gas in both target horizons.  The rig now moves to drill the potentially play-opening LMS-2 well.  Predator Oil & Gas (PRD) also announced the approval of the environmental impact assessment for their upcoming Morocco well. 

Solo Oil (SOLO) announced a transaction update and restoration of trading. 

Nostra Terra Oil & Gas (NTOG) and Zenith Energy (ZEN) issued news.  The NTOG board room drama has been brought to a close with Andy Morrison becoming Chairman and Ewen Ainsworth stepping down. On a brighter note, Tower Resources (TRP) announced a Cameroon farm-out update.  Half the well costs are now covered and other half is under discussion, with the company confident.

We spoke with Brian Larkin, CEO of United Oil & Gas PLC to ask some questions about the company latest announcement, with the Completion of the Acquisition of Rockhopper Egypt Pty Ltd, Re-Admission to AIM and Abu Sennan Operational Update (https://www.share-talk.com/united-oil-gas-plc-lonuog-completion-of-acquisition-re-admission-to-aim/#gs.yu6b9b) . 

United Oil and Gas, Chief Executive Officer, Brian Larkin:

“Completing the Acquisition of Rockhopper Egypt represents a significant milestone in the development of United, establishing the company as a full-cycle E&P company, and putting us in a strong position for further growth.

“At over 1,700 boepd, our 22% share of production at Abu Sennan and the revenues it generates are material. This does not take into account any future growth arising either from the ongoing infill drilling programme at Abu Sennan or the multiple exploration targets that have been independently estimated to hold gross unrisked prospective resources of 29.4 mmboe. Production has increased significantly over the last 12 months, reaching 7,900 boepd in February 2020. This highlights the potential of the assets and we look forward to working with our new partners to fully deliver on this promise.

“With drilling now underway at El Salmiya 5, the first well in the fully funded 2020 infill programme in Egypt, first gas scheduled for later this year in Italy and further progress expected across our other licence areas, we are entering an exciting phase in United’s development, one which will see our highly cash generative platform deployed to grow the Company further. With this in mind, we look forward to keeping shareholders apprised of our next steps on what has already been an exceptional growth trajectory.”

Great to have Louis Coetzee back in the studio, since his last podcast update (https://www.share-talk.com/louis-coetzee-executive-chairman-of-katoro-gold-plc-lonkat-shareholder-update/#gs.yroecv) , it’s been a busy time for the company since we last spoke.

It has been a strong beginning to 2020 so far for Katoro Gold, I’ll start with what seems to have kicked it all off, the Gold Tailing Project & JV at Blyvoor in South Africa, this appears to have a realistic chance of what seems to be an almost (in mining terms) instant revenue-producing potential, can you give us a brief overview of the deal?

Here are some of the questions we asked Louis;

You mentioned a JV manager, can you tell us a little about Graham Briggs?

With the strength in the Gold Price and sound fundamentals, what is left to do before you can commence production?

Katoro’s Haneti project, can you walk me through the latest developments with the project including positive discussions at Indaba including interest from Mid & Tier 1 companies?

Zak Mir highlights some of the most followed stocks on the small-cap London market and gives an overview of the fundamentals in this charting update. Exclusive to Share Talk, here are today updates sponsored by UKInvestorShow (https://www.ukinvestorshow.com/)

Bahamas Petroleum Co (BPC)

Dev Clever Holdings (DEV)

Bigdish (DISH)

ITM Power (ITM)

Powerhouse Energy Group (PHE)

Symphony Environmental Techn (SYM)

Strategic Minerals (SML)

Tertiary Minerals (TYM)

Zakmir.com (https://zakmir.com/) is a purely journalistic website – Zak Mir is a member of the National Union of Journalists. There is no intention here of providing financial advice. It is recommended you seek an independent professional opinion before deciding whether or not to take any action with regard to anything written here.

Zak Mir highlights some of the most followed stocks on the small-cap London market and gives an overview of the fundamentals in this charting update. Exclusive to Share Talk, here are today updates sponsored by UKInvestorShow (https://www.ukinvestorshow.com/)

Bigdish (DISH)

Eddie Stobart Logistics (ESL)

ITM Power (ITM)

Katoro Gold (KAT)

Powerhouse Energy Group (PHE)

Proton Motor Power Systems (PPS)

Symphony Environmental Techn (STM)

Strategic Minerals (SML)

Tiziana Life Sciences (TILS)

Zakmir.com (https://zakmir.com/) is a purely journalistic website – Zak Mir is a member of the National Union of Journalists. There is no intention here of providing financial advice. It is recommended you seek an independent professional opinion before deciding whether or not to take any action with regard to anything written here.

https://www.share-talk.com/share-talk-bulletin-board-heroes-monday-2nd-march-2020/#gs.y3ecdd

Quite a week and a particularly savage one for those holding the poorer companies.  The most positive event was 88 Energy (88E) confirming rig mobilisation for the upcoming Charlie-1 appraisal well.  Moving on with the bad ones (it’s a sort of reverse bucket list where instead of saying buy them, I said the opposite), Zenith Energy (ZEN) announced it intends to drill in the Congo in April.  That’s nothing compared to its Congo co-venturer, Anglo African Oil & Gas (AAOG) which is down from 11.7p to 0.21p (98%) over the last year.  The two companies which present the most trouble to comment upon are Reabold Resources (RBD) and United Oil & Gas (UOG).  

Predator Resources (PRD) is down from 12.65p to 3.45p (73%) over the last year.  

Tlou Energy (TLOU) is down from 10.35p to 2.6p (75%) in the last year.  TLOU last week reported that dewatering is taking longer than originally anticipated.  I thought it might.  Sustained higher gas rates will take more time and/or require more wells On to the ugly as opposed to the bad, Eco (Atlantic) Oil & Gas (ECO) announced unaudited results and a corporate update.  The shine is now starting to come off PetroTal (PTAL) which is down from 32.5p a month or so ago to 18.25p (44%), having been as low as 16p (down over 50%) last Friday.  On the brighter side, Aminex (AEX) pushes forward in Tanzania, so that when approvals are given, they can quickly move into the operational phase.  This also is positive for Solo Oil (SOLO), whose shares currently are suspended although the company hopes to be able to shortly provide an update on its proposed reverse takeover transaction.