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 picksTlou Energy Share News (TLOU)

Share Price Information for Tlou Energy (TLOU)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2.00
Bid: 1.90
Ask: 2.10
Change: 0.00 (0.00%)
Spread: 0.20 (10.526%)
Open: 2.00
High: 2.00
Low: 2.00
Prev. Close: 2.00
TLOU Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK TRADING UPDATE SUMMARY: NHS Uses Induction Healthcare's Mobile App

Thu, 16th Apr 2020 14:57

(Alliance News) - The following is a round-up of updates by London-listed companies on the impact of the Covid-19 pandemic, issued on Thursday and late Wednesday and not separately reported by Alliance News:

----------

Induction Healthcare Group PLC - healthcare technology - Says majority of doctors in UK National Health Service using Induction healthcare information mobile application. Says demand for company's tools have increased as a result of Covid-19 outbreak.

----------

N4 Pharma PLC - pharmaceuticals - Receives Covid-19 plasmid DNA from National Institute for Health in US. Researching whether Nuvec medication can produce Covid-19 antibodies.

----------

Target Healthcare REIT PLC - healthcare property investor - Received rent collection for March quarter in line with usual collection patterns. Says confirmed Covid-19 cases affecting fewer than 5% of beds in its portfolio.

----------

Two Shields Investments PLC - investor - Portfolio company BrandShield warns of increase in phishing scams during the pandemic. Warns that illicit scams target users of streaming services, 639 new domain names with the word Netflix were registered since beginning of 2020.

----------

Morses Club PLC - lender - Launches remote lending product. Says 33% of collections transferred from face-to-face to remote over past three weeks.

----------

Charles Stanley Group PLC - wealth manager - Funds under management down 20% to GBP20.2 billion in three months to March from GBP25.3 billion in December amid market volatility.

----------

Management Consulting Group PLC - consultants - Says 2020 started promisingly but trading began to suffer in Asia in February due to pandemic. Disruption spread to other regions in March. Targeting, unconnected to Covid-19, GBP4 million in annual cost savings.

----------

Dillistone Group PLC - recruitment software - Had "strong" start to 2020 prior to Covid-19 impact. Says demand suffered due to pandemic. Says no full-year guidance and delays annual results, initially penned to be reported on April 27.

----------

Gaming Realms PLC - mobile games - Delays full-year results that were initially planned for this week. Audit yet to be completed due to Covid-19 disruption.

----------

Sportech PLC - gambling software - Delays annual general meeting due to Covid-19. AGM to be held before end of June, but not on May 20 as initially planned. Chair and chief executive officer take 50% pay cuts, salary freeze implemented, and "significant" number of staff furloughed.

----------

Escape Hunt PLC - escape room experiences - Has furloughed 124 staff and expects VAT and other tax deferrals. Says some landlords have allowed for rent payments to be deferred and senior staff have taken 25% pay cut. Company's monthly cash costs slashed by 70%.

----------

Revolution Bars Group PLC - bar operator - Increases Natwest revolving credit facility to GBP30.0 million until August 31.

----------

Hornby PLC - toys and hobby products - Benefiting from government support schemes in markets where it operates. Says full-year revenue and gross margin ahead of year prior but no financial guidance of Covid-19 impact due to uncertainty.

----------

Walker Greenbank PLC - interior furnishings - Closed factories in UK as well as showrooms elsewhere in New York and Paris. Accessing government support schemes "wherever possible". Vast majority of employees furloughed and management team take 20% salary reduction.

----------

Haydale Graphene Industries PLC - advanced materials - Still assessing full impact of virus but notes falling demand for silicon carbide blanks. Taking advantage of US and UK government support schemes.

----------

Woodbois Ltd - forestry and timber - Says first quarter revenue up 10% year-on-year amid no Covid-19 demand hit until end of quarter. Factories in Gabon closed due to lockdown.

----------

DX Group PLC - freight and delivery - Says delivery activity down by 33% immediately after UK government lockdown. Furloughs some employees and has cut spending.

----------

Volex PLC - power products - Sales for the year ended April 5 up 5.4% to USD392 million from USD372 million. Expects future trading to be hit by government containment measures due to Covid-19.

----------

Proton Motor Power Systems PLC - fuel cell technology - No case of Covid-19 at factories. Protective measures in place at Puchheim, Munich unit.

----------

Amedeo Air Four Plus Ltd - aircraft leasing - Customer Emirates seeking financial accommodation. Amedeo asks asset manager to continue talks with the airline and its lending banks.

----------

TP Group PLC - engineering services - To build gas production equipment in response to Covid-19. Says equipment will be able to produce medical gases.

----------

Kodal Minerals PLC - exploration and development - Granted renewal of exploration permits at Dabakala and Korhogo gold projects in Cote d'Ivoire. Notes planned activity at joint-venture projects with Resolute Mining Ltd postponed due to virus.

----------

SolGold PLC - gold and copper miner - Receives expressions of interest for potential concentrate offtake at Alapala project, Ecuador. Says 10 received and more expected when Covid-19 restrcitions lifted.

----------

Hummingbird Resources PLC - gold miner - No material production hit from Covid-19 but risk mitigation measures in place. First quarter production down 11% quarter-on-quarter to 30,282 ounces of gold poured.

----------

Capital Drilling Ltd - mining services - Says mining operations continue uninterrupted despite Covid-19 uncertainty. Supply chain movement mainly land and sea based so largely unaffected by travel curbs. First-quarter revenue rises 20% to USD32.5 million.

----------

Base Resources Ltd - mineral explorers - Says operations at Kwale, Kenya continued uninterrupted so full-year guidance maintained. In quarter-ended March, ilmenite production up 20% year-on-year, rutile up 17% and zircon rises 32%.

----------

Reabold Resources PLC - oil project investor - Drilling at IMIC-2 well in 50%-owned Danube project, Romania delayed due to Covid-19 border closures. Reports commencement of activity at West Newton B site onshore UK.

----------

Tlou Energy Ltd - gas and solar projects - Says cost reductions in place to counter Covid-19 impact. Notes state of national emergency declared in Botswana.

----------

Great Western Mining Corp PLC - explorer - Application for surface disturbance works at Nevada acreage accepted in "timely manner" despite Covid-19 outbreak.

----------

Anglo Asian Mining PLC - gold, silver and copper producer - Reports 10% first quarter fall in gold equivalent production to 18,219 ounces. Says first quarter in line with guidance despite Covid-19 outbreak.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
22 Aug 2019 14:02

Tlou Energy Announces Sustained Gas Flow Rates At Lasedi Pods 3 And 4

(Alliance News) - Tlou Energy Ltd on Thursday said sustained gas flow rates have been achieved at the Lasedi 3 and Lasedi 4 production pods in Botswana.The pods at Tlou's Lasedi coal an

Read more
10 Jul 2019 11:28

Tlou Energy Encouraged By Lasedi 3 Flow Test; Nears Gas At Lasedi 4

(Alliance News) - Tlou Energy Ltd on Wednesday said the Lasedi 4 production pod in South Africa has achieved critical desorption pressure and testing of Lasedi 3 has produced positive is the at to

Read more
19 Jun 2019 15:29

Tlou Energy Nears Gas At Lesedi 3 As Dewatering Process Continues

(Alliance News) - Tlou Energy Ltd said Wednesday its Lesedi 3 production pod, in South Africa, has successfully reached critical desorption pressure.CDP is the pressure gas begins to come a

Read more
20 May 2019 14:36

Tlou Energy Named As Preferred Bidder For Botswana Power Plant Project

LONDON (Alliance News) - Tlou Energy Ltd on Monday said it now has written confirmation from the government of Botswana that its has been selected as a preferred bidder for a coal bed methane in a

Read more
1 May 2019 11:59

Tlou Energy Secures Botswana Environmental Approval For Lesedi Project

LONDON (Alliance News) - Tlou Energy Ltd said Wednesday the Botswana government has approved the environmental impact statement for the downstream element of the Lesedi power project in the in at

Read more
18 Apr 2019 18:09

FNB Nominees More Than Doubles Stake In Tlou Energy To 10.5% (ALLISS)

LONDON (Alliance News) - Tlou Energy Ltd said Thursday FNB Nominees Ltd more than doubled its stake in the company to 10.5%.Prior to Tuesday's transaction, FNB held a 4.7% stake. Now is

Read more
16 Apr 2019 12:51

Tlou Energy Pleased After Raising Over GBP1.5 Million In Placing (ALLISS)

LONDON (Alliance News) - Tlou Energy Ltd has completed a placing totalling GBP1.6 million, it said Tuesday, including with a new investor in Botswana.Tlou placed the shares at approximately

Read more
8 Apr 2019 11:55

Tlou Energy Raises GBP650,000 For Gas Flow Testing And Power Deals (ALLISS)

LONDON (Alliance News) - Tlou Energy Ltd on Monday said it has completed a share placement to investors, totalling AUD1.2 million, about GBP650,000.The AIM-listed power project development

Read more
1 Apr 2019 12:56

Tlou Energy Awarded New Prospecting Licence In Botswana

LONDON (Alliance News) - Tlou Energy Ltd said Monday it has been issued a new coal-bed methane prospecting licence by the government of Botswana.The licence, Boomslang, is located on-trend

Read more
18 Mar 2019 13:50

Tlou Energy Progresses On-Field Operations At Lesedi CBM Project

LONDON (Alliance News) - Tlou Energy Ltd on Monday said it has completed two development pods at the Lesedi CBM project in Botswana, which it intends to de-water prior to commencing gas AIM-listed

Read more
18 Mar 2019 11:17

Tlou Energy makes decent progress at Lesedi project

(Sharecast News) - Botswana and southern Africa-focussed power delivery company Tlou Energy updated the market on the status of field operations at the Lesedi coal-bed methane project in Botswana on Monday, confirming it had drilled all six wells which comprised the Lesedi 3 and Lesedi 4 development pods as part of its recent field drilling programme.

Read more
13 Mar 2019 14:52

Tlou Energy Technical Proposal Passes, Focus On Financial Proposal

LONDON (Alliance News) - Tlou Energy Ltd said Wednesday the confirmation of the technical stage of its request for proposal for the development of a coal bed methane plant in Botswana has a result

Read more
26 Feb 2019 12:23

Tlou Energy Shares Rise As Interim Loss Narrows On Lower Expenses

LONDON (Alliance News) - Tlou Energy Ltd on Tuesday reported a narrowed interim loss on lower fees and expenses.Tlou Energy shares were trading up 10% at 5.80 pence each.For the six

Read more
25 Feb 2019 15:20

Tlou Energy begins production testing at methane development pod

(Sharecast News) - Botswana-focussed coal bed methane developer Tlou Energy has started production testing at its Lesedi 3 development pod, it announced on Monday, adding that "excellent progress" was also being made on drilling operations at the second development pod, Lesedi 4.

Read more
25 Feb 2019 14:36

Tlou Energy Starts Testing At Lesedi 3 And Makes Progress At Lesedi 4

LONDON (Alliance News) - Tlou Energy Ltd on Monday said that it started production testing at its Lesedi 3 development pod, as well as making "excellent progress" on operations at Lesedi

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.