LSE Market News

Shares of independent oil and gas producer, Frontera Resources Corporation (LSE:FRR), plunged to an all-time low earlier today after the company said gas production from its Mtstare Khevi gas field in the former Soviet republic of Georgia will be delayed until 2013. Over 60 million shares were swapped since trading started earlier today, resulting in […]

 Top broker Ocean Securities has published a buy note on Amara Mining (LSE:AMA) in which it suggests that investors buy the shares at 65p with a target price of 99p. I long followed Amara, formerly known as Cluff Gold on t1ps.com and I also regard the shares as very cheap. As I shall explain below. […]

ASX- and AIM-listed Wolf Minerals Limited (LSE:WLFE) has secured additional funding needed to start the Hemerdon Tungsten Project in southwest England, the specialty metal exploration and development company said today. The company’s majority shareholder, Resource Capital Fund V LP, agreed to provide a funding package of US$82 million (£51 million) secured against the said project. […]

The deluded fools still aboard the good ship Sefton (LSE:SER) were thrown a bone today with news that the pension plan of chairman Jim Ellerton has ponied  up £76,145 in a placing at a share price of 1.1044p – this they argue is a huge vote of confidence in the AIM listed oil stock. Er…perhaps not. […]

Unable to get away an equity placing AIM Listed penny dreadful oil producer Sefton Resources (LSE:SER) today announced that it has started to draw down on its Darwin Death spiral (sorry Equity drawdown facility).  But the amount drawn down is pitiful. Okay the lights do not go out on March first but death is merely […]

I noted in an update here yesterday on ILX Group (LSE:ILX), the AIM-listed provider of e-learning software and business training, that new executive chairman/interim CEO, Wayne Bos, had overseen the identification of a small number of acquisition opportunities, with the first of these under consideration. Bos has wasted little time concluding this – with ILX […]

AIM listed property investment group First Property (LSE:FPO) has not exactly been a stellar share tip from my twelve years running  t1ps.com. I tipped the stock at 19.25p in May 2008 and after publishing results for the six months to 30th September yesterday the shares trade at 18.75p. We have, to be fair, enjoyed 4.82p […]

AIM listed penny dreadful oil producer Sefton Resources (LSE:SER)  has released November output numbers which it seems to think are good but as ever the reality is rather different. The bottom line is that this company should be issuing a profits (or lack of them)  warning. And of course that it will be out of […]

Heavy trading of stocks of Orogen Gold plc (LSE:ORE), were seen earlier today after the gold explorer hinted a possibility of new gold veins not previously identified, adding to the prospectivity of its Deli Jovan gold project in Serbia, Eastern Europe. Over 155 million shares swapped ownership by 14:30 GMT, following Orogen Gold’s statement that […]

I recommended this on my Nifty Fifty website last week at a mid price of 259.5p. The shares are up by a few pence but are still a strong defensive long term growth buy. Investment Case: Shares in AIM-listed provider and manager of industrial workforces in the UK, Staffline Group (LSE:STAF) are a successful recommendation […]