See our roundup of today's AIM risers - see the full LSE winners & losers board here.
Sound Energy rises 20% to 15.41p a share
is a European and Mediterranean oil and gas exploration and production company.
It has a 47.5% interest on the Tendrara concession, onshore Eastern Morocco, with two upcoming wells targeting multi-TCF potential.
The Company’s shares have been struggling recently following the report it put its TE-10 Eastern Morocco well at between a 14% and 26% chance of success, and the failed producible gas at its first of three exploration wells in the area.
Read more here & follow SOU here:
Thor Mining rises 14% to 1.6p a share
announced today a mineral resource update at its Pilot Mountain tungsten project in Nevada.
The company noted: “The upgraded mineral resource estimate represents a 6.5% increase in the scheelite inventory for Desert Scheelite”
For the first time, the company noted that the estimate includes zinc in the resource inventory, contributing an additional potential by-product stream to the project.
Mr Mick Billing, Executive Chairman, commented: "Pilot Mountain hosts a large and, in the directors' view, valuable tungsten resource in the USA, where there has been no primary production of tungsten for some years, despite being classified as a critical mineral by the US Department of the Interior."
Read more here & follow THR here:
MediaZest rises 23% to 0.0925p a share
the creative audio-visual systems integrator, is up today as trading volume picks up to 6 times above the average.
It announced today that its current Nomad Northland Capital Partners has voluntarily relinquished its Nomad status after a proposed merger with SP Angel.
The company stated “In the unlikely event the Company fails to appoint a replacement Nomad by 1 February 2019, the Exchange will suspend trading in the Company's AIM Securities in accordance with AIM Rule 1”
Read more here & follow MDZ here:
Oilex rises 18% to 0.485p a share
has a significant multi TCF potential gas resource at the Cambay PSC in Gujarat state in India in the EP-IV tight siltstones that requires drilling and stimulation optimisation technologies to achieve commercial flow rates.
The company is in discussions with its former JV partner Gujarat State Petroleum Corporation (GSPC) to seek a commercial resolution to transfer GSPC's participating interest in the Cambay PSC to Oilex
Read more here & follow OEX here:
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On today's podcast: Asiamet Resources discuss the feasibility study on their BKM copper project. Live Company Group talk about their final results for 2018 today. Russ Mould talks about the semiconductor index and the following stocks: Trufin, Avesoro & DS Smith.
CEO of Cerillion Louis Hall is “delighted” as this “significant win for the Company [is] reflective of the larger contracts we are now securing, and will benefit revenues and earnings in the current financial year and beyond."
Five financial stories, trending today in a 60 second podcast, including: The United States blamed Iran for attacks on two oil tankers in the Gulf of Oman yesterday that drove up oil prices and raised concerns about a new U.S.-Iranian confrontation, but Tehran bluntly denied the allegation.
On today's podcast: Safestay discuss the acquisition of Hostel Pisa. Botswana Diamonds talks about the diamonds recovered from Thorny River Bulk Sampling. Europa Metals provides a drilling update for their Zinc-Lead Toral Project in Spain. Glen Goodman talks crypto.
Five financial stories, trending today in a 60 second podcast, including: Conservative MPs will begin the process of choosing their new leader and the next prime minister later when a first round of voting is held in Parliament. Voting will take place by secret ballot in the Commons, with a result expected some time after 1pm.