Ora Banda Mining Ltd (ASX:OBM) has made material progress toward an updated mineral resource estimate for the Riverina Gold Project in Western Australia's Goldfields with another set of high-grade results from deep within the main lode.
The main lode at Riverina consists of two parallel mineralised systems, 10-15 metres apart - Main Lode East and Main Lode West.
Cordiant Digital Infrastructure has the resources in place to support capital expenditure projects, said Liberum.
Analysts at the bank retained its Buy rating on the stock, with a target price of 131p.
How much lithium is there in Europe?
The short answer is not enough.
Cordiant Digital Infrastructure Ltd (LSE:CORD) today announced a trading update marked by strong progress among its portfolio companies and an ongoing commitment to the London-listed group’s capital growth targets.
The investment company, which focuses on modern communications and internet infrastructure, reiterated its annual net asset value (NAV) return target of 9% per its 'Buy, Build and Grow' strategy, comprising capital growth and a progressive dividend.
S & U PLC (LSE:SUS) said it expects to propose a second interim dividend as both its businesses “meet expectations and exceed budget” for year end on 31 January 2023.
Trading in both motor finance lender Advantage and property bridging lender Aspen “remains excellent”, it said in a statement ahead of final results in late March.
Diversified Energy Company PLC (LSE:DEC, OTCQX:DECPF) this morning confirmed it has raised US$163mln (£156.4mln) of new equity, after announcing a new US$250mln asset acquisition in a statement after Wednesday’s close.
The deal sees the firm add around 17,000 barrels oil equivalent of production, driving a 20% increase in free cash flow, with the addition of wells and acreage in its ‘Central Region’ area of focus (comprising Texas, Louisiana, and Oklahoma).
Graft Polymer (UK) PLC (LSE:GPL) said completion of its expanded production facilities is expected during the current quarter and announced it has won a first commercial order in the cosmetics sector, for a CBD skincare product.
The polymer modification specialist reported “significant progress” in the fourth quarter of last year to complete new production lines in Slovenia.
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) has announced chief executive David Minchin is stepping down immediately to be replaced by Lorna Blaisse, the group’s principal geologist.
Blaisse has more than 17 years of experience in the exploration and appraisal of oil and gas projects across Africa, Helium One added, with direct knowledge of rift basin geology where its key projects are located.
Mineral & Financial Investments Ltd (AIM:MAFL) said Redcorp has mobilised a second drill rig to commence drilling at Anomaly B in Lagoa Salgada.
Anomaly B is a large geophysical target located 1km northeast of the Venda Nova north deposit in Redcorp’s Lagoa Salgada project on the Iberian Pyrite Belt in Portugal.
Mineral & Financial has a 50% investment interest in the exploration project, which is being executed by Redcorp.