Pantheon Resources PLC (AIM:PANR, OTC:PTHRF) has what broker WH Ireland calls a “giant elephant” in the lower basin floor fan of the Theta West structure.
The company’s winter drilling programme has been unambiguously positive for that giant field, in WH Ireland’s opinion. Critically, the 10.5-mile Theta West #1 step-out well, relative to the location of the Talitha A well, came in on prognosis, substantially increasing confidence in the geological model for that field, the broker asserted.
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) offers significant growth potential in an under-explored African greenstone belt, Cenkos Securities believes.
The broker reiterated its ‘buy’ recommendation on the Zimbabwe-focused miner, saying Caledonia delivers high yield exposure to the gold sector with increasing production from the 64% owned Blanket Gold Mine in Zimbabwe.
Futura Medical PLC (AIM:FUM, OTC:FAMDF) is set for another period of key news flow, according to Liberum Capital Markets.
The broker met with management ahead of today's annual general meeting at which shareholders will be regaled with a list of Futura's achievements in 2021, among them MED3000 receiving UKCA mark approval as a Class 2A medical device and the signing of five licensing agreements for MED3000.
Bango PLC (AIM:BGO, OTCQX:BGOPF) signed an agreement with TelevisaUnivision Inc that will make the Spanish language media company’s content available globally.
Under the deal, the Bango Platform will be licensed to enable TelevisaUnivision's upcoming over-the-top (OTT) subscription service, ViX+, to be offered and bundled by telcos and distribution partners on a worldwide basis.
Hydrogen Utopia (HUI), waste-to-energy tech developer Powerhouse Energy’s partner in Europe, is to start a programme of testing in the Netherlands to convert waste plastic into hydrogen.
HUI has been working in collaboration with Dutch group Electron Technologies since May 2021 on the design of a pioneering thermal processing system for the conversion of waste plastics to hydrogen.
Faron Pharmaceuticals Oy (AIM:FARN, OTC:FPHAF) has raised €5mln placing new shares with a small number of institutional and "other" investors – cash that will be used to develop its cancer asset.
The fundraiser won the support of the Leukemia & Lymphoma Society Therapy Acceleration Program, which provides charitable cash in the form of venture backing.
Alicanto Minerals Ltd (ASX:AQI) welcomes further strong high-grade assays as it gathers final data for its impending maiden JORC mineral resource estimate (MRE) at the Sala Silver-Lead-Zinc-(Copper-Gold) Project in Sweden.
The company believes the results of up to 2.8 metres at 12.7% zinc – the final batch of assays to be included in the resource estimate – deliver more strong evidence of the project’s high grades and significant scale.