Member Info for kentan

The issue of warrants for 5,780,346 shares at £0.004325 to raise £25k represents a 1.15% dilution to the current issue of shares.
If calculated at today's bid price of £0.016 it shows the warrant holders to have made a paper profit of £67,485.53 if they could sell their warrant shares on the market, more so if the SP rises.
Hopefully, this pays for the day to day running of the company, £25k doesn't go far these days, a monetising revenue stream from the new tie ups of recent months will boost their coffers.
More news of deals are needed to propel the SP higher.

https://www.thesouthafrican.com/news/isis-in-mozambique-battle-south-african-mercenary-allies/

ISIS rebels have taken the town of Mocimboa da Praia after a bloody battle with state troops since August 5th.
It is 60km from the gas-rich fields in the north of Mozambique, near the border with Tanzania.
This is 1,550km from the main port of Beira in the south, a region where Rio Tinto (RTZ), Savannah (SAV) and Kenmare (KMR) have mining interests.
Hopefully the Mozambique Government, with the help of South Afric troops, can prevent the insurgency from spreading south.
Could become a serious problem for all the mining companies in Mozambique.

Is "Punj".... Mrs Wing Chat Victor Lam by any chance?.... LOL!!

This morning I see that BKY is on the up again on their main market, The Madrid Bolsa, up over 23% at one point (now around 15%) compared to yesterday's close, with volume 9.5 million shares traded actively already.
This is surprising, in light of the news that the local activists have repeated their claims to oppose the granting of the mining licence even though a new 5-year extension is awaiting ratification by the Spanish Government.
Also, the Salamanca region has recorded an upturn in the number of Covid-19 cases in recent days, as has regions of Spain in general.
Is it the insiders at work again?

Nice bit of work if you can get it ... An assured 100%+ rise on their investment ... "let's divi up the £50k lads ... we knew it was going to happen with the new additions to the board" ... Drinks all round !!

The sudden spike in Covid-19 in Spain could temper any further progress on the Spanish Madrid Bolsa or approval and ratification of the uranium concentrator production plant. The late sell off on Friday, prompted by profit taking, could extend into further falls on Monday.
Playing this share on the strength of the Madrid Exchange seems the way to skim a trading profit, any long term strategy is fraught with danger and manipulation by insiders.

https://www.expansion.com/mercados/2020/07/23/5f194cf4e5fdeaf52c8b4585.html

"thugs" was more apt in the past ...
Dodgy Sheikhs, Mysterious Mexicans, not to mention the "Nigerians bearing gifts"

Paul Atherly not Atherton...

https://www.salamanca24horas.com/texto-diario/mostrar/2009794/segundo-dia-consecutivo-salamanca-registra-contagio-reciente-coronavirus

There has been some concern in the Salamanca region of Spain following a reported death yesterday from Coronavirus.
This follows a period of 18 consecutive days without any deaths, bringing the total since the outbreak to 371 from 4,429 confirmed cases.
There have been 2 new cases admitted to hospital in the past 2 days and currently there are 1,282 people receiving treatment.
This may impact on any decisions regarding the issue of permits and public meetings (for and against) and should there be a second wave of Covid-19 there will be another lockdown put in place.

That is taken from the RNS published on 17th June 2020, so is old news.
The spike in price was caused by the JV announcement on 25th June 2020.
A further update is needed to consolidate the SP.

https://webfiles.thecse.com/PR62620.pdf?BJd2bGH6VndhFMk8l5Svoe.938xNpofj

Results of meeting on 26th June 2020 ... annual meeting for re-election of directors and corporate finance placement.

After last week's drop on Friday, there is a large spread on the market for these, making it difficult for traders to buy/sell.
Opening SP was 3.5p with bid 3p and ask 4p (33%) ... and now bid 3.9p / ask 4.3p (a 22.86% spread) ... always dangerous to buy at this time unless the margin closes.
Remember this was 0.8p a week ago and 0.4p a week before that ... so we can assume that those with inside knowledge made a killing on the publication of the RNS ... and are now taking profits if they have not done so already.

Think we can expect a weak opening and trading day ... unless there is some unexpected news.
In Australia (ASX:BKY) the stock has closed down 8.7% at AUD0.42 (23.4p) after opening at AUD0.45 (25p) and this follows Friday's close on the Madrid Bolsa at €0.2620 (23.8p) down 10.27% on moderate 14.67m volume.
It is handy to have the early morning ASX market to guide on BKY, coupled with the Madrid Bolsa, they can determine when to buy or sell on AIM.

Francisco Bellón, President of Berkeley Minera Spain: "You cannot stop a project of this magnitude due to ideology"

https://www.salamanca24horas.com/texto-diario/mostrar/1994314/francisco-bellon-presidente-berkeley-minera-espana-no-puede-frenar-proyecto-esta-envergadura-ideologia

Says it all really ... employment, regeneration of a declining area, financial benefit to the Spanish Government and local economy. ...
Looks a win-win situation.

Here are the links to the Berlin & Frankfurt exchanges. They are not very active at the moment for ADM, still early days, it was only listed yesterday with previous data from the AIM market (ADME).
To follow the borses :
Berlin Borse:
https://www.boerse-berlin.com/index.php/Shares?isin=GB00BJFDXW97
Frankfurt Borse:
https://www.boerse-frankfurt.de/equity/adm-energy-plc-ls-01

The ticker for both is: P4JC
Remember they are 1 hour ahead of UK BST.
Opening prices today at 08:08: €0.0362 (3.3p) up 8.8383% from yesterdays opening listing of €0.033 (3.0p)
Should be a good guide to how market sentiment is for ADME when planning a buy or sell.

Yes, it seems that 25p is the current benchmark support level. Resistance on the upside is 29.5p as experienced last week.
Renewed buying yesterday on the Madrid Bolsa saw volumes increase to 35+m shares with a rise of 21.67% to €0.2920 (26.4p) from €0.2400 (21.7p) with an average price for the day at €0.2770 (25p) ... this has been repeated overnight in Australia on the ASX:BKY with a 10.7% rise to AUD0.465 (25.8p) as I write.
I don't see it falling below 20p in the near future whilst the activity in Spain continues, but it is reassuring to see support at the higher levels still exists.
Uranium contracts (where published) show it currently around US$33.50 per lb at spot price ... there is speculation that this will strengthen to US$50.00 over the next 5 years on forward contracts because of the shortage in supply, compounded by the Covid-19 virus where mining has been suspended.
Sentiment now favours non-fossil fuels for a cleaner environment, allaying fears of another nuclear power accident with the latest safety rules and procedures, this will increase demand and support the price.

In the fast-moving Covid-19 biotech world, there are 2 Australian companies worth Jim Mellon & Co. getting involved with (as investors or JV's to increase their worldwide expansion). Both are early days and in the right area.

DIMERIX LTD .... ASX:DXB
Have just completed an AUD$5.8m placement by institutions towards their global Phase 3 Covid-19 trials.
https://stockhead.com.au/health/institutions-back-hotshot-dimerix-for-covid-19-study/

CYNATA THERAPEUTICS ... ASX:CYP
Advanced Stem Cell studies for treatment of Covid-19 patients backed by USA University of Wisconsin-Madison technology.
https://stockhead.com.au/health/health-kick-cynatas-stem-cell-therapy-could-be-a-game-changer-for-covid-19-patients/

Portage Biotech & Salvarx would benefit both projects with exposure to UK & USA markets.

30p has now become the resistance level, the RNS caused a small retrace to 25.50 at the opening, but this has now been absorbed and buyers are back.
Plenty of activity in Spain, 30m shares traded, high of €0.37 cents for around €10m gives strength to news imminent.