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Share Price: 3.30
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TRADING UPDATES: Greatland hails gold find; Capital revenue climbs

Thu, 20th Apr 2023 17:23

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

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Capital Ltd - African markets-focused mining services provider - In the first quarter of 2023, revenue grows to USD77.8 million from USD66.9 million a year prior. Average monthly revenue per operating rig rises 10% to USD192,000 from USD174,000. Reiterates former expectation of 2023 revenue of USD320 million to USD340 million, up at least 10% from USD290.3 million in 2022. Chief Executive Peter Stokes says: "Our fleet remains highly utilised, our safety performance world class and we continue to see a strong tender pipeline of opportunities. This provides us a solid platform to achieve another record year milestone for 2023."

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Clean Power Hydrogen PLC - Doncaster, England-based green hydrogen technology and manufacturing company - Pretax loss widens to GBP3.6 million in 2022 from GBP3.5 million in 2021. Posts no revenue, down from GBP28,000. Administrative costs widen to GBP4.8 million from GBP2.1 million. Looking ahead, says is well positioned to use its technology and commercial differentiators to meet its strategic objectives.

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Greatland Gold PLC - London-based development and exploration company, specialising in one-tier gold and copper deposits in Australia - Finds 393 grammes of gold per tonne at Rudall project in Paterson province of Western Australia. Managing Director Shaun Day says: "These results, together with our continual improvement in understanding of the covered basement geology, stratigraphy and structure, increase our confidence in the prospectivity of the region, and our ability to vector towards intrusion related and other styles of mineralised systems on our extensive ground holdings."

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Nostra Terra Oil & Gas Co PLC - London-based oil & gas exploration and production company with a portfolio of development and production assets in Texas, US - Sells 11,988 barrels of oil in the fourth quarter of 2022, up 10% from 10,885 a year ago. Yields net revenue of USD946,464, 23% higher than USD767,000 a year prior. Average realised price for the period per barrel increases 13% to USD78.95 from around USD70. Further, says Fouke wells produce at rates above the current field allowable.

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Public Policy Holding Co Inc - US-based government relations and public affairs firm - Net loss narrows to USD7.2 million in 2022 from USD23.8 million in 2021. Revenue climbs to USD108.8 million from USD99.3 million. Personnel costs increase to USD52.3 million from USD44.1 million. Declares final dividend of USD0.095 per share, bringing the total to USD0.14. In 2021, the company had paid a dividend of USD0.0065 for the 15 days between December 16, when it had its IPO, to December 31. Looking ahead, expects organic revenue growth of 5% to 10% in 2023 while focuses on building a pipeline of strategic acquisition opportunities in the federal and state advocacy markets and public affairs markets in the US and abroad.

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Savannah Resources PLC - European lithium development company - Notes closure of public consultation period on revised Barroso lithium project environmental report and mine plan. Expects Portugal's environmental agency Agencia Portuguesa do Ambiente to continue with review and to issue its environmental impact statement at the end of May. Chief Executive Officer Dale Ferguson says: "Portugal is fortunate in having high quality lithium resources which could allow it to play a key role in providing a raw material which the European Commission has identified as being critical and strategic for the region's energy transition, as it looks to combat the effects of climate change and develop new sectors in its economy."

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Sherborne Investors (Guernsey) C Ltd - closed ended investment company - NAV per share at Dec 31 falls 8.2% to 75.62 pence from 82.38p a year prior. Pays final dividend of 0.5p per share dividend for 2022, bringing the total to 1.0p, compared to no payouts for 2021.

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By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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13 Dec 2018 15:42

Savannah lauds production of saleable quartz and feldspar products

(Sharecast News) - Savannah Resources announced on Thursday that saleable quartz and feldspar products have been produced by ongoing metallurgical test work at its Portuguese Mina do Barroso Project.

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13 Dec 2018 12:07

Savannah Resources Finds Saleable Qaurtz And Feldspar In Portugal

LONDON (Alliance News) - Savannah Resources PLC on Thursday said test work at its Portuguese Mina do Barroso lithium project has produced saleable quartz and feldspar products.The ongoing a

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29 Nov 2018 11:21

Savannah Resources Hires Consultancy Team To Work On Mina Do Barroso

LONDON (Alliance News) - Savannah Resources PLC on Thursday said it has added a number of leading Portuguese and international consultancy groups to its team at Mina do Barroso project, AIM-listed

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27 Nov 2018 13:42

Savannah Resources Appoints James Leahy As Non-Executive Director

LONDON (Alliance News) - Savannah Resources PLC said Tuesday that it has appointed James Leahy as independent non-executive director with immediate effect.Leahy previously has acted as for

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9 Oct 2018 11:43

Savannah Settles Second Deferred Payment For Portuguese Portfolio

LONDON (Alliance News) - Savannah Resources PLC said Tuesday it started the settlement of the second tranche for the acquisition of its Portuguese lithium portfolio.The company bought the a

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25 Sep 2018 13:10

Savannah Resources Procures Purchase Option For Portuguese Acreage

LONDON (Alliance News) - Savannah Resources PLC said Tuesday it has secured a purchase option for an area of "excellent" possible lithium next to its existing Mina do Barroso now has an

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21 Sep 2018 11:41

Savannah Resources Applies For Mining Permit As Interim Loss Narrows

LONDON (Alliance News) - Savannah Resources PLC on Friday said it applied for additional mining licences for its Mozambique subsidiary as its loss narrowed in the first half of 2018.The to

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10 Sep 2018 10:58

Savannah Resources Finds Significant New Mineralisation At Grandao

LONDON (Alliance News) - Savannah Resources PLC said Monday it discovered "significant volumes of new mineralisation" at its Grandao deposit, part of the Mina do Barroso Lithium project

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6 Sep 2018 14:46

Savannah Resources sees more positive results from Mina do Barroso

(Sharecast News) - Resource development company Savannah Resources announced further results from the ongoing reverse circulation (RC) and diamond core drill programme at the Mina do Barroso Lithium Project in northern Portugal on Thursday.

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4 Sep 2018 11:07

Savannah Resources Dual-Lists On Frankfurt Stock Exchange (ALLIPO)

LONDON (Alliance News) - Savannah Resources PLC said its shares have started trading on Quotation Board Segment of the Open Market of the Frankfurt Stock Exchange on Tuesday.The resource on

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23 Aug 2018 15:57

Director dealings: Savannah Resources CFO lowers stake

(Sharecast News) - Savannah Resources' chief financial officer Christopher Michael McGarty disposed of 2.03m ordinary shares in the AIM-listed firm on Thursday.

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15 Aug 2018 17:45

Savannah Resources Gets Six Portuguese Licence Applications Rejected

LONDON (Alliance News) - Savannah Resources PLC said Wednesday that the Directorate General for Energy and Geology rejected six out of nine exploration licence applications in Portugal made by its

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31 Jul 2018 17:30

Savannah Resources Gets GBP1 Million From Al Marjan After Subscription (ALLISS)

LONDON (Alliance News) - Savannah Resources PLC on Tuesday said its major shareholder Al Marjan Ltd has invested GBP1 million following a subscription.Early in July, the multi-commodity to

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24 Jul 2018 12:43

Savannah Resources To Pursue Feasibility Study Of Portuguese Project

LONDON (Alliance News) - Savannah Resources PLC said on Tuesday it has appointed lithium consulting engineers Primero Group to conduct a feasibility study of the Mina do Barroso Lithium Project in

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5 Jul 2018 15:04

Savannah Resources Raises GBP11.5 Million By Placing And Subscription (ALLISS)

LONDON (Alliance News) - Savannah Resources PLC said Thursday it raised GBP11.5 million in cash via placing and subscription of 128.3 million shares.Savannah shares were trading down 7.0% 9

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