Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksReabold Resources Share News (RBD)

Share Price Information for Reabold Resources (RBD)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.0675
Bid: 0.065
Ask: 0.07
Change: -0.0025 (-3.57%)
Spread: 0.005 (7.692%)
Open: 0.07
High: 0.07
Low: 0.0675
Prev. Close: 0.07
RBD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: Reabold jumps on UK government fracking change

Fri, 09th Sep 2022 11:06

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

----------

AIM - WINNERS

----------

Libertine Holdings PLC, up 17% at 24.00 pence, 12-month range 16.00p-42.00p. Enters memorandum of understanding with Ashok Leyland to evaluate the use of Libertine's technology platform for its commercial vehicle powertrains. Libertine develops technology for power generation from renewable fuels. Ashok will conduct due diligence on Libertine's technology and explore the scope for Linear Generator product development and demonstration within its commercial vehicle portfolio.

----------

Reabold Resources PLC, up 11% at 0.46 pence, 12-month range 0.10p-0.48p. Welcomes a policy change from the UK government which cancels the moratorium on hydraulic fracturing onshore in the UK. The oil and gas firm says the policy change could have a "materially beneficial effect" on its onshore business, including the potential to exploit additional resources within its existing licence interests.

----------

Orosur Mining Inc, up 7.3% at 14.75 pence, 12-month range 0.070p-17.16p. With its joint venture partner, Minera Monte Aguila, completes all the phase one obligations under the exploration agreement for the Anza project in Colombia. This includes investing USD10 million in the Anza project. Orosur is a mineral explorer and developer focused on South America. The companies now will shortly enter phase two under the exploration agreement, the forming of a new mining company. Orosur will have a 49% ownership interest in the company with Minera Monte Aguila taking the remaining 51%.

----------

AIM - LOSERS

----------

Tlou Energy Ltd, down 27% at 1.32 pence, 12-month range 0.014p-1.64p. Put under investigation in Australia by the country's company & financial services regulator. The commission is investigating two releases by the sub-Saharan Africa-focused power company. The investigation is into suspected contraventions by Tlou Energy of three sections of Australia's Corporations Act 2001 and three sections of the Australian Securities & Investments Commission Act 2001. Says it is co-operating with ASIC.

----------

Tanfield Group PLC, down 25% at 1.51 pence, 12-month range 1.50p-3.96p. In the six months ended June 30, pretax loss widens to GBP499,000 from GBP268,000 a year prior. Non-staff costs grow to GBP269,000 from GBP145,000. Finance expenses double to GBP188,000 from GBP81,000. Makes no revenue, unchanged from a year ago. The invest firm adds that it believes its 49%-owned firm Snorkel International Holdings LLC may need further loan funding "to ensure that the company continues to protect its investment in Snorkel". It values its investment in the Nevada-based aerial work platforms manufacturer at GBP19.1 million.

----------

Manolete Partners PLC, down 15% at 214.60 pence, 12-month range 190.00p-335.60p. Applies for permission to appeal the High Court's "rare adverse" and "surprising" decision received on one of its "larger cases". Says it has decided to write down the full value of the case in its forthcoming results for the six months ended September 30. The impact of the write-down will be a GBP2.3 million reduction to pretax profit. Manolete expects to announce a pretax loss of around GBP5 million in its financial year 2023 interim results. In financial 2022, the company reported a pretax profit of GBP4.5 million.

----------

By Heather Rydings; heatherrydings@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
17 Jan 2022 10:57

AIM WINNERS & LOSERS: Angus Energy gets good response to sales process

AIM WINNERS & LOSERS: Angus Energy gets good response to sales process

Read more
23 Dec 2021 10:31

Reabold Resources notes Corallian's submission of Victory field plan

Reabold Resources notes Corallian's submission of Victory field plan

Read more
26 Nov 2021 13:19

IN BRIEF: Reabold, Union Jack note Rathlin to submit new application

IN BRIEF: Reabold, Union Jack note Rathlin to submit new application

Read more
22 Oct 2021 11:48

DIRECTOR DEALINGS: Reabold Resources team and PensionBee CFO buy

DIRECTOR DEALINGS: Reabold Resources team and PensionBee CFO buy

Read more
21 Oct 2021 18:11

IN BRIEF: Reabold Resources to pick up stake in Daybreak Oil & Gas

IN BRIEF: Reabold Resources to pick up stake in Daybreak Oil & Gas

Read more
20 Oct 2021 12:06

IN BRIEF: Reabold Resources' Corallian to assess options going forward

IN BRIEF: Reabold Resources' Corallian to assess options going forward

Read more
20 Oct 2021 10:56

AIM WINNERS & LOSERS: Arena soars on takeover; Accrol supply chain hit

AIM WINNERS & LOSERS: Arena soars on takeover; Accrol supply chain hit

Read more
14 Oct 2021 10:49

AIM WINNERS & LOSERS: Hurricane Energy shares rise on swing to profit

AIM WINNERS & LOSERS: Hurricane Energy shares rise on swing to profit

Read more
13 Oct 2021 11:02

AIM WINNERS & LOSERS: Rambler up on financing; contract lifts Parity

AIM WINNERS & LOSERS: Rambler up on financing; contract lifts Parity

Read more
4 Oct 2021 10:58

AIM WINNERS & LOSERS: Zoltav falls amid warning over future on AIM

AIM WINNERS & LOSERS: Zoltav falls amid warning over future on AIM

Read more
1 Oct 2021 09:24

Reabold and Union Jack note drill site extension application refused

Reabold and Union Jack note drill site extension application refused

Read more
30 Sep 2021 20:24

TRADING UPDATES: Rutherford, Helios Underwriting report widened losses

TRADING UPDATES: Rutherford, Helios Underwriting report widened losses

Read more
31 Aug 2021 11:39

TRADING UPDATES: Northcoders to expand; Pennant expects revenue growth

TRADING UPDATES: Northcoders to expand; Pennant expects revenue growth

Read more
31 Aug 2021 11:28

AIM WINNERS & LOSERS: Bigblu Broadband rises on shareholder return

AIM WINNERS & LOSERS: Bigblu Broadband rises on shareholder return

Read more
21 Jul 2021 19:14

TRADING UPDATES: Fonix Mobile annual earnings grow; MySale cuts costs

TRADING UPDATES: Fonix Mobile annual earnings grow; MySale cuts costs

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.