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.

Ethernity Networks (ENET)

Itaconix (ITX)

Infrastrata (INFA)

Novacyt (NCYT)

Nanoco Group (NANO)

Sureserve Group (SUR)

Yu Group (YU.)

Zoetic International (ZOE)

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.

Avacta Group (AVCT)

Byotro (BYOT)

Block Energy (BLOE)

Goldplat (GDP)

Global Petroleum (GBP)

Location Sciences Group (LSAI)

Inspirit Energy Holdings (INSP)

Nektan (NKTN)

Plant Health Care (PHC)

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.

It was a busy week, with a number of interesting announcements.  After a suspension in Australia, 88 Energy (88E) completed a £2.6 million placing at 1.1p.  88E’s previous drilling partner, Red Emperor Resources (RMP) issued its quarterly report.  RMP continued to conduct due diligence on a number of potential projects and, at the end of the quarter, had cash of approximately A$5.1 million. 

Europa Oil & Gas (EOG) announced that the major oil company, with whom it has been negotiating, has pulled out.  Europa now is looking for another partner to drill its Inishkea prospect, which has gross un-risked prospective resources of 1.5 trillion cubic feet of gas and an estimated geological chance of success of one in three. Meanwhile, Egdon Resources (EDR) issued a more positive announcement.  They've signed a farm-in agreement with Shell UK in relation to their offshore licences containing the Resolution and Endeavour discoveries. 

Lekoil (LEK) appear to have managed a reprieve.  Obligations to Optimum Petroleum have been deferred, so that $2 million now is to be paid on or before 20 March 2020 

Petrel Resources (PET) looks like it could be having middle-Eastern financing issues too, but the wily old John Teeling looks like he may have the chancers by the short and curlies, having obtained an injunction blocking all trading in the shares issued to this group.

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.

7Digital Group (7DIG)

Dev Clever Holdings (DEV)

EQTEC (EQT)

Global Petroleum (GBP)

Greatland Gold (GGP)

Kape Technologies (KAPE)

Kenmare Resources (KMR)

Petrel Resources (PET)

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 talks with Colin from Xtract about the drilling update on Eureka and Kajevu Copper Prospects, Zambia.

Highlights

·    First three holes at Eureka Project cut shallow copper-bearing intervals over downhole widths ranging from 52m to 77m with the fourth hole in mineralisation

·    Handheld XRF spectrometer indicated potential elevated copper and cobalt values

·    Historic and current drilling confirm mineral zone over 240m of strike and to 95m depth, open in several directions and appears to widen at depth

·    Initial core logging suggests possible Copperbelt-style deposit setting

·    Drilling continuing at Eureka- holes being logged and sampled in preparation for external assay

·    Drilling on Matrix Project indicated a 7m mineralised interval in hole MX-05A

Colin Bird, Executive Chairman said: "We are particularly pleased with the drilling results at Eureka which are both intriguing and exciting in that mineralised intersections are thick and the occurrence is potentially open on strike and to depth. The results are intriguing on the basis that the occurrence is characteristic of typical copper belt mineralisation whilst the deposit is some considerable distance from the copper belt. It is exciting because the ore body is near vertical and the widths are in excess of our original expectations. We eagerly await the assay results to confirm copper values and the presence of cobalt and the grade, if present. Our plan now is to gather in all the results and plan the next stage of exploration activities to test these encouraging initial results."

Full RNS LINK  (https://www.investegate.co.uk/xtract-resources-plc--xtr-/rns/drilling-update-on-eureka---kajevu--zambia/202001231100067344A/)

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.

Bahamas Petroleum Company (BPC)

Clontarf Energy (CLON)

Edenville Energy (EDL)

Innovaderma (IDP)

Petrel Resources (PET)

Petropavlovsk (POG)

Science in Sport (SIS)

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.

We caught up with Paul Johnson to see if could provide an update on Botswana, his confidence on finance and also his view on making money in this market.

A few interesting pieces of news so far this week. Touchstone Exploration (TXP) issued a strong announcement regarding their Cascadura-1ST1 well, onshore Trinidad.  

88 Energy (88E) issued its quarterly report.  Charlie-1 is proceeding as planned ahead of the scheduled February 2020 spud date, permitting of the Yukon acreage is underway ahead of potential drilling in 2021, 

Anglo African Oil & Gas (AAOG) continued to issue news, but from a corporate governance point of view,

 Egdon Resources (EDR) issued a more serious announcement.  They've signed a farm-in agreement with Shell UK is relation to their offshore licences containing the Resolution and Endeavour discoveries. 

 Now attempting to drag itself out of the mire, Lekoil (LEK) appear to have managed a temporary reprieve.

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.

7Digital Group (7DIG)

Cloudbuy (CBUY)

Dotdigital Group (DOTD)

Kodal Minerals (KOD)

Metals Exploration (MTL)

Midatech Pharma (MTPH)

Petrel Resources (PET)

Strategic Minerals (SML)

Somero Enterprises (SOM)

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.

Active Energy Group (AEG)

Dukemount Capital (DKE)

eve Sleep (EVE)

Jangada Mines (JAN)

Jubilee Metals Group (JLP)

N4 Pharma (N4P)

Scancell Holdings (SCLP)

Touchstone Exploration (TXP)

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.