If you would like to ask our webinar guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.

 

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTanfield Share News (TAN)

Share Price Information for Tanfield (TAN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 3.70
Bid: 3.60
Ask: 3.92
Change: -0.05 (-1.31%)
Spread: 0.32 (8.889%)
Open: 3.70
High: 3.70
Low: 3.70
Prev. Close: 3.81
TAN 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
30 Jun 2022 13:53

EARNINGS UPDATES: Kingswood revenue surges; Shield in loan deal

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

Read more
3 Mar 2022 21:30

IN BRIEF: Tanfield secures additional GBP125,000 loan

Tanfield Group PLC - investment firm headquartered in Newcastle Upon Tyne - Says additional loan of GBP125,000 subscribed to, taking value of loan agreed in March 2020 to GBP625,000. "Following discussions with the existing shareholders, the board are of the opinion that further loan funding may be necessary to ensure that the company can continue to protect its investment in Snorkel," Tanfield says. Snorkel is Tanfield's 49%-owned investee.

Read more
31 Jan 2022 12:31

Tanfield shares down as Snorkel trial faces further delays

Tanfield shares down as Snorkel trial faces further delays

Read more
31 Jan 2022 10:55

AIM WINNERS & LOSERS: Omega Diagnostics falls; Venture Life sales up

AIM WINNERS & LOSERS: Omega Diagnostics falls; Venture Life sales up

Read more
18 Nov 2021 22:03

TRADING UPDATES: FW Thorpe "up and down"; GB Group ties up US merger

TRADING UPDATES: FW Thorpe "up and down"; GB Group ties up US merger

Read more
10 Sep 2021 14:11

IN BRIEF: Tanfield loss narrows in first half; Snorkel sales jump

IN BRIEF: Tanfield loss narrows in first half; Snorkel sales jump

Read more
10 Sep 2021 10:30

AIM WINNERS & LOSERS: Minds + Machines tender offer; Tanfield jumps

AIM WINNERS & LOSERS: Minds + Machines tender offer; Tanfield jumps

Read more
24 Aug 2021 19:25

IN BRIEF: Tanfield's Snorkel performance improves in first half

IN BRIEF: Tanfield's Snorkel performance improves in first half

Read more
30 Jun 2021 16:02

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
14 Jun 2021 13:19

TRADING UPDATES: Synectics loss narrows; Active Energy loss widens

TRADING UPDATES: Synectics loss narrows; Active Energy loss widens

Read more
3 Jun 2021 20:34

IN BRIEF: Tanfield notes full-year sales slump at Snorkel

IN BRIEF: Tanfield notes full-year sales slump at Snorkel

Read more
20 May 2021 19:22

TRADING UPDATES: Gamma tips 2021 revenue jump; Smart Metering progress

TRADING UPDATES: Gamma tips 2021 revenue jump; Smart Metering progress

Read more
18 May 2021 19:15

TRADING UPDATES: Forterra to beat outlook; Nostrum revenue falls

TRADING UPDATES: Forterra to beat outlook; Nostrum revenue falls

Read more
26 Jan 2021 19:25

TRADING UPDATES: Manolete Sets Records; Ergomed Earnings Top Forecasts

TRADING UPDATES: Manolete Sets Records; Ergomed Earnings Top Forecasts

Read more
20 Nov 2020 21:16

IN BRIEF: Tanfield's Snorkel Struggles In Third Quarter Due To Covid

IN BRIEF: Tanfield's Snorkel Struggles In Third Quarter Due To Covid

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.