Author stories Proactiveinvestors Author stories RSS feed en Fri, 24 Mar 2017 06:14:38 +0000 Genera CMS (Proactiveinvestors) (Proactiveinvestors) Yellen's dovish tone leads gold buyers back into market, reckons Ford Mining Capital's Alastair Ford mulls over the behaviour of the gold price recently in the light of the Fed's small US interest rate rise.
Normally, theoretically, it would be expected that a rate rise would mean lower gold prices, but the increase had been very well trailed in the market, notes Ford.
"So I think any selling  was that likely to happen was already in the market," said Ford, adding that Yellen's commentary was slightly more dovish than many commentators had expected.
"This led the gold buyers back into the market somewhat. They were expecting perhaps a slightly more aggressive programme of interest rate rises," he told Proactive's  Andrew Scott.

Fri, 17 Mar 2017 15:15:00 +0000
Wheatley reckons 2017 will be StatPro's best year ever Releasing 2016 results, Justin Wheatley, StatPro's chief executive, told Proactive that the firm was looking forward to an exciting 2017.
Last year saw revenue for its cloud-based analytics platform grow 48% year-on-year on a constant currency basis, while group revenue rose 24% to £37.55mln.
"I think that 2017 is going to be our best year ever," he told Andrew Scott.
"The forward contracted revenue book looks good at £46mln," he said, adding that ten clients were already using Revolution Performance already, with 30 others interested.

Wed, 15 Mar 2017 11:26:00 +0000
Broker Rodman upbeat on VolitionRx's NuQ blood test launch Mon, 13 Mar 2017 14:09:00 +0000 Argosy Minerals taking advantage of lower cost Lithium Brines in Argentina Jervo Zuvela, managing director of Argosy Minerals (ASX:AGY) runs Proactive's Andrew Scott through the company's Rincon lithium joint venture in South America as well as their other assets and plans for 2017

Mon, 13 Mar 2017 12:24:00 +0000
Malcolm Graham-Wood impressed with Sound Energy's Badile well site in Milan Fresh from a trip to the continent, commentator Malcolm Graham-Wood talks us through how impressed he was with Sound Energy's site in Milan where it has spudded its hotly anticipated Badile well last Wednesday (March 8).
"It's probably one of the best sites I've ever seen," he told Proactive's Andrew Scott.
"It's an absolutely crucial well this - a big gas and, hopefully, condensate discovery," he explained.

Mon, 13 Mar 2017 10:39:00 +0000
Online investing closing the gender divide, according to SyndicateRoom Wed, 08 Mar 2017 09:19:00 +0000 Personal finance app Squirrel beats fundraising target with SyndicateRoom Mon, 06 Mar 2017 14:21:00 +0000 Anglo-African Oil & Gas PLC "extremely pleased" with investor interest as it starts life on AIM David Sefton, executive chairman of Anglo-African Oil & Gas PLC (LON:AAOG) and Alex MacDonald, chief executive, talk Proactive thorugh the firm's first day on AIM having raised over £10mln.
The cash is all going into the drillbit, or the majority of cash is, said MacDonald, adding the firm had a drill programme  starting in the next couple of weeks going through to August, September.
"We've got two wells that we are going to workover very quickly to increase production from the current level of about 38 barrels a day to about 250 barrels a day," he said.

Mon, 06 Mar 2017 10:41:00 +0000
Will the latest commodity upswing signal renewed Chinese interest? Mining Capital's Alastair Ford tells Proactive he reckons as the latest commodity cycle begins to head north again, Chinese investors will begin to come into the market again, like last time.
It comes after metals explorer ECR Minerals PLC (LON:ECR) this week revealed Shenyang Xinliaoan Machinery Co has agreed to subscribe for a 29.9% stake in the firm.
"In the last mining boom, a lot of scepticism arose about how easy it was to do business with the Chinese," says Ford, who added perhaps this was a small indication east and west had got to know each other better in the intervening period.

Fri, 03 Mar 2017 10:28:00 +0000
SyndicateRoom boss welcomes new proposals from regulator on IPOs Wed, 01 Mar 2017 11:25:00 +0000 Northern Petroleum plc boss expects Italian EIA to be submitted at end of April Keith Bush, chief executive of Northern Petroleum Plc, has hailed news that partner and oil giant Shell is launching a local engagement programme ahead of submitting an environmental impact assessment (EIA) at the Cascina Alberto project in northern Italy.
"We are very pleased that Shell is taking this forward because there are a number of competing exploration opportunities out there."
Bush is eyeing the end of April for the EIA to be submitted.

Wed, 01 Mar 2017 12:10:00 +0000
Midatech Pharma bolsters expansion plans with £6mln Silicon Valley Bank loan deal Mon, 27 Feb 2017 09:44:00 +0000 Mexico producer Endeavour Silver turning the focus to growth Brad Cooke, chief executive of  Endeavour Silver Corp (TSX: EDR, NYSE:EXK) walks Proactive through the Mexico focused metals producer.
Last year the miner produced just shy of 10mln ounces of silver and equivalents and is on track to repeat that this year.
As well as its three high grade producing mines, it has three development projects, two of which are subject to economic studies in the next 30 days so that production decisions can be made so the group can refocus on growth.

Mon, 27 Feb 2017 08:37:00 +0000
Time to sell Goldman Sachs, says Berenberg. Here’s why.. Fri, 24 Feb 2017 12:01:00 +0000 Red Ribbon's Prescott talks Proactive through "mainstream impact investment" William Prescott, the chief impact investment officer of Red Ribbon Fund Management Ltd, walks Proactive's Andrew Scott through the aims of what is termed "mainstream impact investment".

"In many ways our objectives are the same as other fund managers. Our aim is to create wealth for our clients at competitive rates, however our approach differs in as much as we are choosing to invest in well governed, profitable businesses that create value for society but reduce the environmental impact of doing so."

Fri, 24 Feb 2017 16:09:00 +0000
Lack of profitability in core business a concern for RBS, says analyst Sat, 25 Feb 2017 10:00:00 +0000 NetScientific boss proud of cancer diagnostic tool's achievements NetScientific PLC (LON:NSCI) boss François Martelet talks Proactive through news its flagship company Vortex Biosciences has begun the commercial launch of its VTX1 Liquid Biopsy system.
It's the first time  Netscientific has been able to market a cancer diagnostic instrument and it has been executed on time and in line with market expectations, he says.
"It's a very fast and simple way to isolate and collect intact CTCs directly from the whole blood," he says.

Thu, 23 Feb 2017 12:49:00 +0000
Fed meeting minutes may well strike hawkish tone, says strategist Wed, 22 Feb 2017 12:11:00 +0000 Lloyds puts in robust performance - City analyst Wed, 22 Feb 2017 10:31:00 +0000 Greka Drilling commitment to Indian market vindicated Tue, 28 Feb 2017 13:22:00 +0000 RBS still 'mired' in legacy issues Fri, 28 Oct 2016 13:15:00 +0100 Zoopla set to benefit from move online, says Shore Mon, 10 Oct 2016 10:54:00 +0100 Cobham's year of woe may be ending, says broker Exane Tue, 25 Oct 2016 14:39:00 +0100 Pearson 'could do better', Barclays applauded and GSK gets a broker boost Thu, 27 Oct 2016 14:48:00 +0100 Is BP's blood on the boil again? Wed, 05 Oct 2016 10:04:00 +0100 UK housebuilding in good shape, suggests Deutsche Tue, 04 Oct 2016 10:07:00 +0100 Petrofac at an inflection point, says Barclays Wed, 31 Aug 2016 10:19:00 +0100 Citi repeats ‘sell’ stance on Hargreaves Lansdown Thu, 01 Sep 2016 10:58:00 +0100 Barclays switches to 'overweight' on Zoopla Mon, 05 Sep 2016 09:27:00 +0100 Sainsbury's checked out by Jefferies, which cuts target Mon, 26 Sep 2016 09:35:00 +0100