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https://www.londonstockexchange.com/news-article/RBW/phalaborwa-pea/15077422
George Bennett, CEO, said: "We are pleased to have started this important phase of the Phalaborwa Project. We have long believed that the real value in Rainbow's business model would come from developing an integrated mine-to-metal producer, which is capable of realising the full value of the underlying rare earth oxides for stakeholders and developing a responsible, independent Western supply chain.

Owing to the unique nature of Phalaborwa, with the rare earths contained in a 'cracked' chemical form, we are already able to progress to the downstream beneficiation process by producing a mixed rare earth carbonate, rather than a mineral concentrate. Thanks to our strong technical team, who worked alongside me at MDM Engineering on a number of feasibility studies for rare earths projects, we have the internal knowledge and experience at Rainbow to identify this opportunity for a single processing flowsheet to produce individual rare earth oxides with a lower capital intensity than a traditional approach.

I look forward to releasing the results of the PEA to the market in due course."

https://www.londonstockexchange.com/news-article/ZPHR/williston-basin-operations-update/15077459
Colin Harrington, Chief Executive of Zephyr, said: "We have a great deal of activity taking place across our project portfolio, and I'm delighted with the milestones being met. Now that our interests in the seven acquired Williston Basin wells are drilled, completed and online - and at a time of strong commodity prices - we expect significant cash flow generation from the non-operated portion of our portfolio over the coming months.

"Cash flow generated in the second half of 2021 is forecast to be rapidly redeployed into additional accretive opportunities - either into our flagship Paradox project, on additional drilling opportunities in the Williston, on further accretive acquisitions, or on all of the above. Combined with the ongoing drilling operations at State 16-2LN-CC wellsite and our recent acreage addition in the Paradox Basin, our goal is to deliver substantial Shareholder value during the remainder of 2021.

"I look forward to keeping our Shareholders and partners updated regularly."

https://www.londonstockexchange.com/news-article/PRD/near-term-operations-and-board-change/15075721

Paul Griffiths, Chief Executive of Predator, commented:

"The recent appointment of our COO Lonny Baumgardner has provided us with the ability to refresh our operational and executive management team. Lonny has significant expertise in identifying and realising commercial potential by improving the efficiency of operations and focussing resources on production and producing opportunities. This will become increasingly significant as the Company transitions to AIM"

https://www.londonstockexchange.com/news-article/ZPHR/16-2ln-cc-drilling-update-acreage-acquisition/15075743

Colin Harrington, Zephyr’s Chief Executive, said: “We are pleased that the State 16-2LN-CC drilling operation is progressing well and according to plan. Drilling continues 24 hours a day, seven days a week, and we look forward to this next phase of horizontal drilling with the utmost anticipation.
In addition, I am thrilled to be able to bolster the scale of our Paradox project at this point in time. Our team is developing a unique understanding and data set across the Paradox Basin – and we’re excited about this timely opportunity to expand our operated asset base.
The opportunity to nominate and acquire, at auction, leasehold positions of our choosing was a key consideration and we’re grateful for the opportunity to once again transact with the professionals at SITLA. In addition, we are always mindful of our core mission to be responsible stewards of the environment in which we operate, and we have taken great care to only acquire leases which we believe can be developed with a minimum of surface and environmental disruption.
It’s an exciting time for the Company, filled with short-term operational activity and long-term strategic potential. Today’s news is progress on both fronts, all in the pursuit of delivering significant value creation for our Shareholders for many years to come.”

Highlights:
• Innovative Eyewear, Lucyd’s US operating company, has announced the start of a crowdfund in the US, seeking to raise up to US$500,000. The pre-money valuation for the fundraise has been set at US$20m.

We continue to believe there is significant upside to the current valuations of each of TEK’s portfolio companies. The continued execution of Lucyd’s sales and marketing strategy to include wholesale distribution in key North American markets should help solidify its first-mover advantage. Recall the previous crowdfunding completed in May 2021 was completed at a pre-money valuation of US$3.75m and TEK carries Lucyd on its books at an NAV of US$2.7m.

https://www.londonstockexchange.com/news-article/TEK/lucyd-launches-crowdfund/15068624

Tekcapital Plc (AIM: TEK, OTCQB: TEKCF), the UK intellectual property investment group focused on transforming university technologies into valuable products that can improve quality of life, is pleased to announce that portfolio company Lucyd's Innovative Eyewear subsidiary has launched a new Regulation Crowdfund. They are seeking to raise $500,000 at a $20m pre-money valuation. The proceeds are earmarked for building inventory to meet increasing customer demand from its e-commerce and retail sales channels.

Harrison Gross, Lucyd cofounder and CEO said, "We are pleased to announce our second Reg CF crowdfund to help meet the rapidly growing demand for our popular Lucyd® Lyte e-glasses, which we launched this past January. To-date the product has received more than 200 5-star ratings on Amazon and our Lucyd.co e-shop. We plan to introduce six new styles of our smart eyewear in the next 60 days, including the first titanium front Bluetooth glasses, which weigh just 30 grams, the same as traditional eyewear."

About Lucyd and Innovative Eyewear Inc.

Lucyd's mission is to Upgrade your Eyewear® with advanced ergonomic frames that are easy to use, fun to wear, and help you stay safely connected to your digital life. The Lucyd brand and IP portfolio are exclusively licensed to and operated by Innovative Eyewear, Inc. To learn more, or order Lucyd Lyte, please visit https://lucyd.co.

Tekcapital currently owns 100% of the share capital of Lucyd Ltd and approximately 80% of the share capital of its U.S. operating subsidiary, Innovative Eyewear, Inc.

https://www.malcysblog.com/2021/07/oil-price-kistos-petrotal-predator-and-finally/

The transaction simplifies the group structure for Goldplat, raising its ownership in its principal profit centre, keeping in the shareholding structure one of its long-term supporters and increases its share of a £4.5m intercompany loan by 16%. We welcome news on a potential dividend from Goldplat to its shareholders. The gold recovery business in South Africa has been a stable revenue generator and with precious metal prices at record highs, and with production and revenue growth expected from the Ghanaian recovery operation, we expect a stable dividend going forward. We will look to update our numbers following the completion of the transaction announced today.

https://youtu.be/rUPZlhFmP94

https://www.londonstockexchange.com/news-article/GDP/corporate-transactions-and-dividend-policy/15064994

Werner Klingenberg, CEO of Goldplat commented: "I am pleased to announce the share repurchase agreement with the minority shareholders in South Africa and the share sale to Aurelian. I believe this will provide Goldplat shareholders with the best value for use of the cash generated in the Group. The transactions place the Group in a position to start sharing the results of its operations with shareholders through declaration of dividends from future cashflows".



"I would like to thank Amabubesi and Dartingo for their contribution and support as minority shareholders and am delighted with the ongoing involvement in Goldplat and GRL of Mr Ntsaluba".

https://youtu.be/2U3y0HuDG4E

https://www.londonstockexchange.com/news-article/GDP/update-on-consideration-receivable-for-kilimapesa/15063212

https://www.londonstockexchange.com/news-article/RBW/reported-civil-unrest-in-south-africa/15061420
George Bennett Chief Executive commented:

We note the recent reports of civil unrest in South Africa and would like to confirm that work continues unabated on our significant exciting rare earth project at Phalaborwa , South Africa, which has been unaffected by this unrest.

Our development of the opportunity is continuing with an optimised process flow sheet based on the successful Sasol flow sheet, as a result of our ongoing metallurgical test-work at ANSTO in Australia. The market will be updated on the optimisation results confirming the successful extraction of these rare earths from the +/- 38 million tonnes of gypsum contained in the two residue stacks at Phalaborwa once available.
All property rights remain intact in South Africa as well as any mineral rights where applicable

https://www.londonstockexchange.com/news-article/GLAN/acquisition-of-technology-insight-corporation/15061440
Maurice Healy, CEO of Glantus, said: “We’re delighted to be joined by the TIC team on this journey – this is the first acquisition of many that we will undertake following our successful IPO. Our goal is to become a leader in AP technology through a mix of strong organic growth and acquisition, and the addition of TIC is another key step in that exciting process.
The acquisition of TIC will provide presales, implementation, and technical support resources to the entire US team, and will make the provision of our services across the board more effective and more efficient in the US. In addition, the acquisition provides us with additional management resources, sales resources, and a greater geographic spread of customers in the US. And while there are also opportunities to reduce costs in the integrated business, it is the addition of these important resources that makes the acquisition of TIC even more compelling.
The integration of the Technology Insights (TIC) brand with that of JPD (last year’s US acquisition) under the Glantus brand, sends a clear message to the market that Glantus is a major player in the Accounts Payable space and in the consolidation of the US market.”
Karl Anderson, Founder and CEO of TIC, said: “We recognize that customers are increasingly looking at automation and AI to drive further efficiencies in their financial processes. With Glantus, we now have the advanced technology platform and the team behind us to deliver additional services to our customers.”

https://www.youtube.com/watch?v=6fGqhqnX3sE&t=26s

http://greenbarrel.com/2021/07/14/angus-energy-announces-a-transition-from-oil-and-gas-to-geothermal/

Thats why we do it - btw if you want news ./interfview etc sent direct plesae register zephyrplc@flagstaffcomms.com

Zephyr Energy (ZPHR LN): Appraisal drilling commenced, Paradox Basin, US
Share Price: 5.7p, Market Cap: £74.4m
• Zephyr has announced the commencement of drilling operations on the State 16-2LN-CC appraisal well, ahead of the Company's month-end target date.
• Over the last week, the rig was mobilised to the well site where it was subsequently assembled and tested. #
• In addition, all necessary ancillary service providers arrived on site to support drilling operations.
• Drilling is expected to take approximately 20 days.
• The primary objective of the State 16-2LN-CC well is to test the natural fracture play in the Cane Creek reservoir - with a goal to deliver the Company's first production from the Paradox project.
• A second key objective is to gather additional data from the eight high-graded reservoirs overlying the Cane Creek to help determine the potential of these reservoirs, should operational conditions allow.
• Over the last year, Zephyr has worked closely with a project team led by the University of Utah's Energy & Geoscience Institute (EGI), in collaboration with the Utah Geological Survey (UGS) and other Utah-based partners.
• The analysis of the Paradox Basin is sponsored by the US Department of Energy and its National Energy Technology Laboratory, and in 2020 the group provided US$2m to assist with drilling and data acquisition costs related to Zephyr's State 16-2 "dual-use" well which was completed in January 2021.
• Today, Zephyr has confirmed that EGI has agreed to fund additional data acquisition efforts, specifically including the funding of Dipole Sonic logs to be deployed during the drilling operations of the State 16-2LN-CC well.
• This additional funding and continued collaboration will be useful to help both the Company and the Project Team further define the potential of the overlying reservoirs.
Our take: Zephyr will now shortly try to repeat the drilling success of last winter through this latest well in the Paradox Basin. The State 16-2LN-CC (lateral well), will target the Company's first production on the Paradox project. Using a flat oil price of US$70/boe, the Company estimates that the lateral well has a 2C single-well NPV10 of US$10.4m. Using the same flat oil price of US$70/boe, the prime reservoir target on its lease holding - the Cane Creek reservoir - has estimated 2C resources with an NPV10 of US$225m.

https://www.londonstockexchange.com/news-article/ZPHR/commencement-of-drilling-of-state-16-2ln-cc-well/15055799

Colin Harrington, Zephyr’s Chief Executive, said: "The commencement of drilling of the State 16-2LN-CC well is a pivotal moment in our efforts to unlock value from the Paradox project. I’d like to thank our many partners and contractors who worked tirelessly to help meet our ambitious timeline and pre-drill objectives. The focus now turns to drilling and operating in the safest, most effective manner possible – and I know this commitment is shared by everybody on the drill site.
“While our primary goal is to seek production from natural fractures across the Cane Creek reservoir, we also plan to use the drilling operation to acquire important additional data from our eight high-graded overlying reservoir targets.
“Additional data is a critical component in the effort to define and develop a viable pathway to the considerable potential upside which we believe exists in our overlying reservoirs. The same data is useful to the EGI Project Team’s efforts to improve the understanding and production of the larger emerging Paradox Basin play. We are extremely grateful for our collaboration with the Project Team and look forward to a continuation of these efforts going forward.

“We will continue to keep our stakeholders informed as operations progress over the coming weeks, and - as always - we will adhere to our core mission to be responsible stewards of our investors’ capital and responsible stewards of the environment in which we work.”

. https://www.londonstockexchange.com/news-article/PRD/board-appointment-chief-operating-officer/15053852

Paul Griffiths, Chief Executive of Predator, commented:

"Today's appointment is significant and reinforces the Company's position and commitment to developing gas in Morocco. The first step was achieved by successfully finding gas in the MOU-1 well some 49 years after the last exploration well was drilled in this part of the Guercif Basin. MOU-1 established the pre-drill geological comparison with the Hoot and Guebbas gas-producing sequences of the Rharb Basin and most importantly de-risked the pathway required for dry gas from a thermogenic origin to charge the primary targets in a prospective area of over 100 km². MOU-1 therefore further enhanced the CPR prospective gas resources assigned to the proposed MOU-2 and MOU-4 drilling targets whilst adding some additional potential shallow targets that had previously not been considered. MOU-1 was left in a condition to facilitate rigless testing. In common with best practice in the Rharb Basin this will be considered as part of the proposed programme for follow-up drilling that will be building on the success of MOU-1 in order to reduce mobilisation cost of equipment and well services. The latter was only achievable for the drilling of MOU-1 because of the ability to "piggy-back" an existing multi-well drilling programme by SDX Energy Morocco. Success is not final : it is the courage to continue that counts."

Lonny Baumgardner, Chief Operating Officer of Predator, comment