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100% the least

Light oil discovery in Namibia

Global Petroleum next huge riser

Also one to watch for a big move Global Petroleum

Shell found light out its in testing and drilling into the main zone

0.50 should come pretty quickly

Cash value with the large sellers bailed out

Oversold

We'll probably hear something pretty soon," said this veteran explorer, pointing out the prospect is "a fair sized, stratigraphic trap" with similarities to TotalEnergies' Brulpadda gas and condensate discovery in the Outeniqua basin off South Africa.

Cash value 0.50p

100% upside

Huge rise to look forward to

MM with no stock

Global Italian licences will be granted after last week court news. You can see why it will be huge news for Global

Majors ENI/SHELL close by working and has discovery wells

The southern Adriatic and adjacent areas continue to be the focus of industry activity. Most notably, in Montenegro, offshore concessions were awarded in 2016/2017 to Energean and Eni/Novatek (the latter just 35 km from the nearest of the Applications). Eni/Novatek reportedly committed nearly $100 million on exploration on these permits, where an exploration well is currently underway with results expected shortly.

Energean acquired 3D seismic data on its blocks in 2019. In Albania, Shell continues to evaluate its Shpiragu discovery after the Shpiragu -4 well tested at several thousand barrels of oil per day in 2019

Pires Investments plc (AIM: PIRI), the investment company focused on next generation technology notes today's announcement by NFT Investments plc (AQSE:NFT) ("NFT Investments"), with regard to Pluto Digital plc ("Pluto"), a company in which Pires holds an investment.

NFT Investments, which is quoted on the Access segment of the AQSE Growth Market and operates as an incubator specialising in the market for non-fungible tokens ("NFTs"), has announced that it has entered into a non-legally binding letter of intent to acquire the entire issued share capital of Pluto.

NFT Investments believes that this will create a global metaverse company and advance the activities of NFT Investments in the NFTs sector as Pluto has already invested in NFTs and NFT gaming.

NFT Investments is proposing to acquire the entire issued share capital of Pluto for a consideration to be satisfied by the issue of 2.4 billion ordinary shares in NFT Investments ("Proposed Acquisition").

Based on the closing mid-market share price of NFT Investments on 21 January 2022 of 2.475p and the 638,237,192 Pluto shares in issue based on the latest Companies House filings, this equates to an indicative price per Pluto share of 9.3p.

Pires holds 32,518,876 shares in Pluto which are carried at a valuation of 6p per share based on Pluto's last funding round. Pires also holds warrants over 24 million new ordinary shares in Pluto, subject to certain vesting conditions, 6 million of which have already vested.

Based on the price of 9.3 pence per Pluto share referred to above, this would value the Pires shareholding and vested warrants in Pluto at approximately £3.2 million, compared to the current Pires book value of its Pluto investment of circa £2 million.

The Proposed Acquisition would be a reverse takeover of NFT Investments under the AQSE Rules and shares in NFT Investments have been suspended from trading until the proposed acquisition of Pluto is completed. The acquisition is conditional on certain approvals and so there can be no guarantee that the acquisition will complete. Furthermore, the ability of Pires to realise its holding in NFT Investments will depend on prevailing liquidity at the time. However, it should also be noted that NFT Investments recently announced that it had submitted an initial application to list its shares on the NEO Exchange Inc, a Canadian stock exchange based in Toronto.

Biscathorpe Planning Appeal Update

Egdon Resources plc (AIM:EDR) is pleased to advise its intention to submit an appeal against the refusal of planning permission by Lincolnshire County Council (LCC) on 1 November 2021, for a side-track drilling operation, associated testing and long-term oil production at the Biscathorpe site, held under licence PEDL253. Egdon is operator and holds a 35.8% interest in the licence.

The decision has been made after reviewing LCC's Decision Notice, which was received on 6 December 2021, taking advice from our planning and legal advisors and agreement with our joint venture partners.

The appeal documentation is currently in preparation and is expected to be submitted during Q1 2022.

The new well DP-2001 at the Puesto Guardian, Salta, Argentina, has now been successfully tested with oil to surface from the two expected formation intervals that are also flowing in other parts of the Dos Puntitas field. The well will be placed on stream in approximately one week using the same jet pump as the other wells. Steady state production rates will be advised in due course.

· Drilling operations have been delayed for over two weeks due to a breakdown of the drill rig. The required replacement part could not be sourced in the USA or Canada, but has now been secured and arrived from Europe and is currently being fitted.
· SGS Canada ("SGS") is still reporting delays in the processing of the Company's assay results due to a backlog at its Vancouver laboratory, however the Company is hopeful that initial assay results will be received from SGS in early February 2022.
· Due to the significant sulphide mineralisation intersected on the southern side and outside of the current known Loflin resource ("Loflin South"), two additional RC drill holes will be drilled in the newly identified area once drilling re-commences.
· Detailed logging and sampling of the initial 7 holes drilled on the Loflin South anomaly has been completed and multiple intersections of sulphide mineralisation and alteration zones of over 25m were identified.
· Due to the delays reported by SGS, the Company has decided to dispatch its latest batch of samples to American Assay Labs ("AAL") in Nevada, as AAL have confirmed that they are not currently experiencing any significant delays in processing samples.
· The latest batch dispatched to AAL for analysis comprised 194 samples of 4-metre composites, including duplicates, standards and blanks, all of which are from the Loflin South area.

BlueRock Diamonds PLC, the AIM listed diamond producer, which owns and operates the Kareevlei Diamond Mine ('Kareevlei') in the Kimberley region of South Africa, announces that it sold a 6.8 carat stone for USD63,186 in the January 2022 sale.

Mike Houston, Executive Chairman said, "We recently announced we had two potentially high value stones to sell in the January tender and although one fell under our $50k disclosure threshold, we are delighted to have sold a 6.8 carat stone for USD63,186. What was particularly encouraging was the average price of USD565 per carat achieved for the total January tender (2021 average: $465ct) - a reflection of the continued overall quality of Kareevlei diamonds and the strong market demand seen so far in 2022

Project highlights:
· Due to mechanical issues, only 50% of the planned maiden Reverse Circulation (RC) drilling program completed at the Sterling prospect.

· Significant sulphides (pyrite, chalcopyrite, sphalerite), quartz veining and sericite-pyrite-fuchsite alteration identified, characteristic of gold mineralisation in the East Pilbara Craton.
· Low grade gold in 3m composites and pathfinder elements will assist to vector in on stream and soil gold source.

· Thor is targeting Archaean structurally controlled lode gold mineralisation hosted in basaltic and ultramafic rocks of the Warrawoona Group, within the 100% held Kelly greenstone belt.

· Thor plans to complete the planned drilling program at the Sterling prospect whilst undertaking further geophysics, mapping and geochemical sampling over additional gold, nickel and lithium targets in the project area.

Nigel Theobald, Chief Executive Officer of the Company, commented: "We are delighted that our successful work in formulating Nuvec® as a monodispersed formulation that can be freeze dried and reconstituted has opened up the opportunity for the Company to use Nuvec® via intravenous injection and to develop products using Nuvec® as a nano-carrier of nucleotides including DNA, RNA, SiRNA with specific clinical use in oncology, gene therapy and protein replacement

Sudden volume

We know Graff-1 has light oil in the first zone which is not even the main target

This could be a 2nd payzone discovery the way the volume has picked up

Plenty of catalyst to look forward to drive the shareprice over a penny

Graff-1 Oil found being tested
Venus 1x very tightly kept news, same source oil zone
Farm in data room opened
Italian licences imminent

For just £4m mcap

Everything down 10-20% today

Nothing to do with the company

Just don’t want to be out when the news starts

Transaction Complete and Power Metal Agrees Terms for the Early Clearance of the Tail Benefit Held by Thor Mining on the Pilot Mountain Project, Nevada, USA

Be ready for the news we all been waiting for

Graff-1 flowing oil