The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAminex Share News (AEX)

Share Price Information for Aminex (AEX)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.80
Bid: 1.75
Ask: 1.90
Change: 0.00 (0.00%)
Spread: 0.15 (8.571%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 1.80
AEX Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS AND TRADING: Indus Gas full-year profit jumps 19%

Tue, 03rd Oct 2023 14:32

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

----------

VPC Specialty Lending Investments PLC - investor in asset-backed loans to businesses originated by non-bank lenders - Says net asset value per share at June 30 was 94.18 pence, down from 105.51p at June 30 the year prior. Says NAV total loss is 2.0%, swinging from a total return of 4.1% a year ago. Declares an interim dividend of 4.00p per share, unchanged from 2022. Looking ahead, VPC says it will keep shareholders up to date with the progress of its wind-down process, and to achieve realisations in a "timely and efficient manner".

----------

Indus Gas Ltd - oil and gas explorer and developer with assets in India - Says revenue increased 17% to USD63.0 million in the year ended March 31, from USD53.7 million a year ago. Adds that pretax profit rose 19% to USD54.9 million, from USD46.0 million in financial 2022. Declares no dividend for financial 2023, unchanged from a year ago. Says it expects further drilling success at both Pariwar and B&B, as well as progress in the commercialisation of its gas reserves.

----------

Aminex PLC - oil and gas investment company focused on Tanzania - Reports revenue increased to USD81,000 in the first half of 2023, up from USD26,000 the year before. Says pretax loss narrows to USD956,000, from USD1.3 million in 2022. Cahir Charles Santos says: "We are pleased to report that all activities on Ruvuma continue to progress under the efforts of the operator, ARA Petroleum Tanzania Limited. We look forward to receiving a revised CPR based on the high-quality data achieved from the acquisition of the Ruvuma 3D seismic survey that will permit a complete revision of gas reserve and resource potential."

----------

Alkemy Capital Investments PLC - London-based company focused on acquisitions in the mining and technology metals sectors - Says its subsidiary Tees Valley Lithium has received a joint funding package worth GBP613,000 alongside Weardale Lithium. Says GBP430,000 worth of the funding is from Innovate UK. It says the funding is intended to support innovation in the Net Zero innovation cluster in the Tees Valley, and is part of the UK government's levelling up goals. Says the two firms are looking to achieve synergies in the production and refining of lithium in North East England. Adds that it will pursue the funding for feasibility studies and the development of a battery supply chain hub. TVL Director Sam Quinn comments: "We are delighted to have received this grant from Innovate UK and look forward to our collaboration with Weardale as we seek to bring back high value manufacturing to the North East and help develop a potential UK-based supply chain for the lithium sector."

----------

Premier African Minerals Ltd - Africa-focused metals and mineral project developer - Says its Zulu Lithium plant has resumed operations following the completion of its new mill. Chief Executive George Roach says: "Subsequent to our update of 21 September 2023, I am pleased to confirm the plant at Zulu resumed operations with material fed through the newly installed and commissioned mill." Previously Premier African said the mill will support production of up to 1,000 tonnes of spodumene per month.

----------

Financials Acquisition Corp - Cayman Islands-based special purpose acquisition company focused on insurance technology - Reports that total income in the first half of the year rose to GBP3.0 million, up from GBP153,051 between August 31, 2021 and June 30, 2022. Says pretax loss widened to GBP11.6 million, from GBP7.3 million.

----------

By Harvey Dorset, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
9 May 2014 11:15

Aminex sells US assets to Northcote Energy

Oil and gas developer Aminex announced it has reached an agreement with AIM-listed gas company Northcote Energy and Springer Oil and Gas for the sale of Aminex USA for 5m pounds. The $5m comprises $150,000 in cash, $350,000 of Northcote shares and a production payment of $10 per barrel until a tota

Read more
9 May 2014 08:39

UPDATE: Aminex To Sell US Business To Northcote Energy, Springer Oil & Gas

LONDON (Alliance News) - Aminex PLC saw its shares surge Friday after it said it had reached a deal to sell its US business to Northcote Energy Ltd and Springer Oil and Gas LLC for USD5 million in cash and shares, a move that will leave it focused on Africa. In a statement, the oil and gas

Read more
9 May 2014 07:14

Aminex To Sell US Business To Northcote Energy, Springer Oil & Gas

LONDON (Alliance News) - Aminex PLC saw its shares surge Friday after it said it had reached a deal to sell its US business to Northcote Energy Ltd and Springer Oil and Gas LLC for USD5 million in cash and shares, a move that will leave it focused on Africa. In a statement, the oil and gas

Read more
23 Apr 2014 13:37

Aminex posts full-year loss hit by impairment and accounting charges

Shares in oil and gas developer Aminex tanked on Wednesday after the firm posted a loss for 2013 of 17.3m dollars. The firm explained that the loss (2012: $5.3m) included two significant factors, namely a $9.3m impairment of its US assets as well as an accounting charge of $4.4m relating to the wo

Read more
14 Mar 2014 08:57

Aminex Appoints Top Executives To Board

LONDON (Alliance News) - Aminex PLC Friday said it has appointed Chief Executive Jay Bhattacherjee, Chief Operating Officer Philip Thompson, and Chief Financial Officer Max Williams to its board, while Brian Hall has stepped down as acting chairman and will remain as chairman for "as long as requ

Read more
14 Mar 2014 08:35

Aminex carries out multiple board changes

East African focused oil group Aminex has unveiled a number of senior board changes which are to take effect immediately. The group has named Jay Bhattacherjee, Chief Executive Officer, and Phillip Thompson, Chief Operations Officer, to the board. The new appointments come after the acquisition of

Read more
25 Feb 2014 15:48

Sports Direct non-exec sells over half his stake

Simon Bentley, a Non-Executive Director at Sports Direct International, on Tuesday sold 15,000 shares in the FTSE 100-listed retailer, reducing his stake to just 10,000. The director, who sold the shares for 792.50p a piece, was able to benefit from the recent strong rise in the group's share pric

Read more
3 Feb 2014 10:45

Aminex And Solo Oil Amend Ruvuma Production Sharing Contract

LONDON (Alliance News) - Aminex PLC and Solo Oil PLC announced Monday that a formal addition to the Ruvuma Production Sharing Contract has been signed with the Tanzanian Minister of Energy and Mines. The oil and gas exploration and development companies said that the addendum allows for the

Read more
30 Jan 2014 12:50

Aminex announces placing and open offer

Oil and gas explorer Aminex has placed 800m shares at 1p each to generate funds for the acceleration of its seismic programme on its Ntorya-1 discovery and to pay certain creditors. The group raised £8m before expenses via the placing, and a further £2m through a one for four open offer of around

Read more
30 Jan 2014 09:02

Aminex To Raise GBP10 Million In Placing, Open Offer

LONDON (Alliance News) - Aminex PLC Thursday said it plans to raise GBP8 million through a placing of 800 million shares and a further GBP2 million through an open offer for a further 204.6 million shares. It said it will also undertake a debt for equity swap of about GBP0.75 million with c

Read more
30 Jan 2014 08:33

UK MORNING BRIEFING: BSkyB Up, Diageo Down Amid Lower Open

LONDON (Alliance News) - UK shares have opened lower Thursday, following the decision of the US Federal Reserve to continue tapering its asset purchases.

A large number of UK company reports at the open have seen a positive statement from BSkyB, up 2.4% at the open,

Read more
19 Nov 2013 10:08

Solo Oil Starts Infill Seismic Survey Of The Ntorya Discovery

Read more
19 Nov 2013 09:46

Aminex Shares Fall 14% As It Enter Negotiations To Secure New Funding

Read more
31 Oct 2013 13:20

Aminex Makes Progress In Tanzanian Negotiations

Read more
28 Aug 2013 10:42

Northcote acquires interest in producing leases from Aminex

Northcote Energy, an onshore US oil and gas exploration and production company, has signed an agreement with Aminex to acquire a 25 per cent working interest in a number of producing leases at the South Field in Texas. Oil and gas producer Aminex will be paid in the region of $0.45m dollars, which

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.