Frontier IP said portfolio company The Vaccine Group (TVG) is to collaborate with The Pirbright Institute to develop vaccines to counter African swine fever (ASF).
ASF has a devastating impact on pigs, said TVG, and threatens the UK's £620 million pig and pork export market.
Peel Hunt reaffirmed its buy rating on Seeing Machines Ltd (AIM:SEE, OTC:SEEMF) after the advanced computer vision technology said it is on course for a cash break even in the year ahead.
Analysts cited Seeing Machines’ sequential production growth in the third quarter and “the rollout of its largest contract with the Volkswagen Group (XETRA:VOW)” as key drivers of Seeing Machines’ investment thesis
Mosman Oil and Gas Ltd (AIM:MSMN) has reported an increase in gross production at its Stanley project in Texas, where at 221 barrels of oil equivalent (boepd) per day output surged by 84% in April.
The increased production followed the recompletion of the Stanley-3 well, which is now producing oil and gas.
Baron Oil PLC (AIM:BOIL) is now 100% focused on its high-impact gas project in Timor-Leste, as the company confirmed its full withdrawal from UK operations.
The company previously relinquished its interest in UK licence P2478 and it has now confirmed that an application into the most recent North Sea licensing round, made by prior management, has been unsuccessful.
Seeing Machines Ltd (AIM:SEE, OTC:SEEMF) said it would meet expectations for fiscal 2024 and is on course for cash break-even the following year as it continued to grow strongly in the third quarter.
A specialist in advanced computer vision technology, it pointed to a 109% year-over-year increase in the number of cars equipped with its AI-powered operator monitoring systems as it updated investors.
Atlantic Lithium Ltd (AIM:ALL, OTCQX:ALLIF, ASX:A11) said resource drilling at a new area at the Ewoyaa lithium project in Ghana, West Africa, had intercepted more high-grade and broad mineralisation.
Assay results received for 4,101m of drilling at the Dog-Leg target and sterilisation reverse circulation holes at the proposed plant site, showed grades up to 1.85% lithium (Li2O) with a mineral resource upgrade now targeted for mid-year.