A strong end to its trading year will mean gold recovery specialist Goldplat PLC (LON:GDP) posting underlying profits ahead of market expectations. The published profits will include a £980,000 write-off for a project in Burkina Faso (Nyieme), but ignoring that the ongoing business had traded well said Gerard Kisby-Green, chief executive.
Eco Atlantic Oil and Gas Ltd (LON:ECO, CVE:EOG) chief executive Gil Holzman is looking forward to a ‘high impact’ 2018 as the company’s recent progress sets the explorer up for drill campaigns in both Namibia and Guyana next year. The company, which raised £5mln in a February AIM listing, on Thursday reported on what Holzman described as “another successful and extremely busy” period.
Keywords Studios PLC (LON:KWS) moved higher this morning after the company beat expectations with a strong first half performance. The AIM-quoted firm, which provides services into the video games industry, saw revenues jump 50% to €63.7mln (H1 2016: €42.4mln) during the six months to 30 June, while adjusted pre-tax profits also surged by 60% to €9.6mln (H1 2016: €6mln) in the period.
ANGLE PLC (LONAGL, OTCQX: ANPCY), pioneer of a liquid biopsy that helps detect the early signs of cancer, said it had made significant progress in commercialising its breakthrough technology as it provided a review of the year just gone. Undoubtedly the highlight was the successful completion US and European studies evaluating over 400 patients using the company’s Parsortix system to detect ovarian cancer in women with a high-risk pelvic mass.
BOS GLOBAL Holdings Limited (LON:BOS), the developer and seller of software that makes the workplace more productive, has signed a deal with MSP Secretaries, a supplier of secretarial services in the UK. The three-year agreement will see MSP first adopt and then deploy with clients the BOS Meet product
Lionsgold Limited (LON:LION) has increased its shareholding percentage in Geomysore Services India Pvt Ltd, a gold company with a 361,000 ounce JORC compliant resource in Andhra Pradesh. Geomysore has raised funds through the issue of 17,508 new ordinary shares at 1,300 Rupees per share, with the exchange rate set at £1:Rs84.
Mobile payments firm Bango plc (LON:BGO) said its senior vice president of development, Mark Roster, has exercised options of 30,000 shares and sold the entire amount at 265p each.
Anglo Asian Mining Plc (LON:AAZ) has today applied for the admission of 1,100,000 new ordinary shares of 1p each in the share capital of the company to be admitted to trading on AIM.
Genedrive PLC (LON:GDR) has secured a further US$1.4mln in funding from the US Department of Defence for its handheld biohazard-detection device programme. The extra funding follows successful field trials on the portable single cartridge device. Officials assessed its potential to check for hazards such as biological warfare agents. BP March
The Landore Resources Ltd (LON:LND) drilling team can put their feet up for a bit after completing the spring/summer programme at BAM East. The team drilled 65 holes, boring through 11,060 metres, completing the programme on time and within budget.
Silence Therapeutics (LON:SLN) noted today that its licensee Quark Pharmaceutical Inc has reported positive results from a Phase 2 Study to evaluate the efficacy and safety of its QPI-1002 therapy for the prevention of Acute Kidney Injury (AKI). The AIM-quoted firm - a leader in the discovery, delivery, and development of novel RNA therapeutics for the treatment of serious diseases with unmet medical need - said Quark has reported that the trial's primary endpoint and multiple secondary endpoints were met in subjects at high risk of AKI following cardiac surgery.
Lombard Risk Management plc (LON:LRM) and Smart Communications are to combine their market-leading software offerings to provide an integrated documentation and asset tracking package. Lombard is the leading dedicated global provider of collateral management and regulatory reporting solutions while Smart Communications’ SmartDX documentation solution is the industry standard for automating trade and relationship document generation, collaboration and processing in the capital markets. BP April
Savannah Resources Plc (LON: SAV) has kicked off a new drill programme at the Mina do Barroso lithium project with a view to defining a JORC compliant resource. "We're pleased that drilling is now underway at Mina do Barroso, less than two months after acquiring this highly prospective asset,” said David Archer, Savannah chief executive.
Canada-focussed Rambler Metals & Mining PLC (LON:RMM, CVE: RAB) said second-quarter mill throughput hit a new quarterly record of 86,895 dry metric tonnes – up 15% on the previous quarter and 29% year on year. The mill produced 4,359 dry metric tonnes of concentrate, a 49% increase first quarter, containing saleable metal of 1,112 tonnes of copper and 939 ounces of gold.
PowerHouse Energy Group Plc (LON:PHE) shares could be worth 324% more than its market price, according to Align Research, which on Thursday issued a ‘conviction buy’ recommendation for the specialist power group. Align Research analyst Richard Gill, in a note, gives PowerHouse a net present value of £52.75mln which equates to 4.24p per share – compared to the present price of just over 1p on London’s AIM market.
A strong end to its trading year will mean gold recovery specialist Goldplat PLC (LON:GDP) posting underlying profits ahead of market expectations. The published profits will include a £980,000 write-off for a project in Burkina Faso (Nyieme), but ignoring that the ongoing business had traded well said Gerard Kisby-Green, chief executive.
Online investment platform SyndicateRoom said it is offering its members to take part in a retail bond offer for property investment firm, LendInvest. LendInvest is planning the issue of sterling-denominated 5.25% fixed-rate retail bond notes, which are due in 2022, by its wholly-owned subsidiary, LendInvest Secured Income plc.