Malcy's Blog on the oil price and producers, featuring: Diversified Gas & Oil (DGO), Ascent Resources (AST), SDX Energy (SDX)

SP Angel . Morning View - Eurozone economic growth at the weakest level 7 years

Newmark Security discuss their recent interim results and strategic review to achieve further growth. Russ Mould talks about: Bitcoin, RBS & Barclays.

“We are extremely pleased to address another market with our first oncology test which has already seen traction in the UK and Europe since its launch in September 2019, and reinforces our strategic plans of product penetration and geographic expansion,” said Lyn Rees, Chief Executive of Yourgene.

The acquisition is to be funded from Brickability’s cash resources, and is expected to be “immediately earnings accretive”, the company said.

The group has said it believes the deal will strengthen the company’s presence in the East Midlands in line with its strategy to accelerate organic growth through acquisitions which are considered a ‘cultural fit.’

CEO Simon Potter told investors that any additional funds would be additive to its existing financial resources “but are not essential to meeting the estimated costs of drilling”.

The European-focused resource company said the study had identified the cut and fill method, as opposed to sub-level stoping, as the proffered method for the mining model.