The next six to 12 months are shaping up to be lively for funds with vintages dating back to 2020 and earlier, if forecasts from investment bank Stifel are anything to go by.
Despite a sluggish first half of 2024, Stifel analysts expect the flow of realisations to ramp up as investments made at or before the turn of the decade start to ripen for exit.
Mosman Oil and Gas Ltd (AIM:MSMN) has reported net production of 6,287 barrels of oil equivalent (boe) in the quarter to the end of June, marking an improvement from 3,764 boe in the previous quarter.
Net production totalled 16,340 boe for the twelve months to 30 June, down from 31,067 boe in the prior year. The reduction was largely due to natural declines and other production issues.
Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) poured 21,742 ounces of gold in the three months to end June 2024, its second quarter, putting it on course to meet its target for the year of 95-100,000oz.
Production from the Segilola mine in Nigeria was 491,000 tonnes at a grade of 1.78 g/t, with 174,000t milled, 9,000oz added to the stockpile and 3,650 oz released from gold-in-circuit.
Digital content and services provider Bango PLC (AIM:BGO, OTCQX:BGOPF) saw its revenues grow 19% year on year in the first half of 2024.
Annual recurring revenue surged 140% to US$12.9 million (£10 million), driven by new contract wins across the Americas and Europe.