Member Info for mulledwine

Placing by Cenkos Securities plc of up to 64,515,000 new Ordinary Shares of 0.0147p each at a price of 93 pence per share Further to its announcement of 4 February, the Company is pleased to confirm that it has raised, subject to certain conditions, up to £60 million (before expenses) through the placing of up to 64,515,000 new ordinary shares by Cenkos Securities plc (the "Placing"), which will be used by the Group to fund capacity expansion and for general corporate purposes. The Group currently has 107 MW in operation and, following the Placing, will have the funding to build out a further 555 MW of capacity, which the Directors believe, positions the Group to deliver on its strategy of having 1,250 MW of operational capacity by 2015. The Placing is conditional, inter alia, upon the passing of a special resolution by shareholders to authorise the Directors to allot the Placing Shares for cash on a non-pre-emptive basis. Accordingly, an Extraordinary General Meeting is being convened on 28 February 2011. A circular containing the details of these proposals was posted on 4 February 2011 and the timetable of principal events is as follows:

http://www.investegate.co.uk/Article.aspx?id=201102070700087534A

Bill Oliver, Chief Executive, comments: "Looking ahead, we are confident that St. Modwen's long-established strategy will once again give us the opportunity to provide sector-leading returns to shareholders. "We have a strong balance sheet and a landbank that is full of latent value. Our development pipeline for 2011 and beyond is strengthening and a number of significant schemes are being marshalled for delivery in future years. "Our asset management capability is proving invaluable in maintaining occupancy and rent levels, and we are confident that we will be able to continue with the positive progress in this area that we have demonstrated in the past two years. "As a result, we believe that we are well positioned to deliver profit and net asset value growth in 2011, despite the ongoing uncertain market conditions."

Anthony Glossop, Chairman, comments: "As we look forward, our financial position is sound; our business model will increasingly create value; our valuations are prudent and our recurring income is robust. We are also in a good position to seize attractive opportunities to add further to the hopper, our regional teams continue to find opportunities to generate value and we are seeing a gradual recovery of liquidity in our key markets."

St. Modwen Properties PLC, the UK's leading regeneration specialist, announces annual results for the year ended 30th November 2010. HIGHLIGHTS: · Net assets per share up by 9% to 218p (2009: 200p), EPRA up 7% to 234p (2009: 219p) · Profit before tax increased to £37.5m (2009: loss of £119.4m) · Property profits* increased to £21.9m (2009: £7.6m) · Rent roll increased by 5% to £46m with voids reduced to 12% (2009: 17%) · Valuation gains* of £23 million (2009: loss of £122 million) · Strong pipeline of development opportunities / schemes · Persimmon joint venture to develop 2,000 houses over seven sites · Dividends resumed

http://www.investegate.co.uk/Article.aspx?id=201102070700087536A

Luis da Silva, Chief Executive of African Aura, commented: "The more than doubling of the resource at the Putu iron ore project in Liberia to 2.4Bt is further excellent news for African Aura's shareholders. The headline objective of African Aura and our joint venture partner Severstal Resources was a 2Bt tonne resource and I am very pleased that this has rapidly been achieved. We expect to upgrade this resource to the indicated category during 2011. The JV partners are mindful of the importance of moving the project forward as efficiently as possible, for the benefit of the local communities and all other stakeholders, and I look forward to providing updates on progress in due course. This news also comes on top of our announcement last week of a maiden 1Bt resource at our 100% owned Nkout iron ore project in Cameroon. African Aura's attributable iron ore inventory has increased fivefold in short order, from 0.38Bt at 34% Fe in 2010 to the current 1.96Bt at 34% Fe (equivalent to 666Mt of contained iron) and with the potential for significant further growth from here. The rationale for the proposed split of the Company into separately listed iron ore and gold companies, with shareholders in African Aura receiving one share in each company for each share they hold in African Aura, is a means to allow the market to better measure and reflect the intrinsic value of our assets which is becoming increasingly apparent."

PUTU IRON ORE RESOURCE MORE THAN DOUBLES TO 2.4 BILLION TONNES African Aura Mining Inc. ("African Aura" or the "Company"), the TSX‑V (AUR) and AIM (AAAM) listed exploration and development company is pleased to announce an updated independent National Instrument 43-101 compliant Mineral Resource Estimate at its 38.5% owned Putu iron ore project in Liberia. · Inferred resource increased to 2.4 billion tonnes of iron mineralisation at 34% Fe · Test work on magnetite BIF indicates a high grade concentrate can be produced · Potential for direct shipping ore exists to generate near term cash flow · Aggressive drilling campaign underway and expected to total >60,000m · Potential for a further 1 to 2.5Bt below current modelled optimised pit shell

http://www.investegate.co.uk/Article.aspx?id=201102070700087566A

7 February 2011 7 February 2011 - Exillon Energy plc is pleased to announce that well EWS-16 and well EWS-391 have successfully found oil on a northern extension of the EWS I field and on a north-western part of the East EWS I field. EWS - 16 The EWS-16 well, which was spudded on 25 December 2010, was drilled in 19 days on a northern extension of the EWS I field on a turn-key contract for a total consideration of $ 0.8 million. The well flowed water-free oil with a flow rate of 370 bbl/day. Whilst the average net oil pay within the EWS I field according to the Miller and Lents May 2010 reserves report is 5 m this new well has 17 m of net pay within the Jurassic, making it the thickest Jurassic net oil pay encountered within the EWS I field to date. The well reached a target depth within the Jurassic P reservoir at 1823 m. The well was drilled directionally 975 m to the north from the existing well pad, and is now being connected to the existing production facilities. EWS - 391 The EWS-391 well, which was spudded on 25 December 2010, was drilled in 19 days on the north-western part of the East EWS I field on a turn-key contract for a total consideration of $ 0.8 million. The new well encountered producing Jurassic P reservoir at 1862 m. Results of wire line logging have indicated the presence of 4 m of net oil pay. Testing of the well is delayed as the well pad needed to be enlarged, and the rig needs to be demobilized and moved to a new position. The well was drilled directionally 1030 m to the north-west from the existing well pad 30, and will be connected to existing production facilities upon completion of testing. The Group continues to maintain 100% drilling success rate since 2006, which is the result of the continued application of 3D seismic combined with a thorough understanding of reservoir geology.

http://www.investegate.co.uk/Article.aspx?id=201102070700097701A

http://www.investegate.co.uk/Article.aspx?id=201102070700067198A

http://www.investegate.co.uk/Article.aspx?id=201102070700067198A

Buy Denistron (DSN) at 13.25p Argues Tom Winnifrith of t1ps.com Denistron (DSN) was originally tipped on t1ps.com on Christmas Eve 2010. Since then the shares have risen by almost 13% in just six weeks. But with strong recent trading and the shares still looking significantly undervalued in relation to net assets, Tom believes there is still much further to go.

The late ( very late) trades appear to cancel each other out and 2 are detaile as corrections so I assume that they did not take pleace - not sure though

Apologies presentation already posted by PB - Old age setting in.

76th Minesite Forum - 15th February 2011 Presentations start at 9.30am **NEW VENUE** - Merchant Taylors' Hall, 30 Threadneedle Street, London EC2R 8JB Presenting Companies Include: Griffin Mining Northland Ormonde Mining Yellowhead Mining

The link for the info sectorbreakdown posted , if anyone looking for it. http://www.stockopedia.co.uk/content/medusa-mining-delivering-the-goods-53282/

Dunelm (DNLM): 468p One of the major success stories of British retailers in the past few years is the homewares retailer Dunelm Group. Having been founded as a market stall selling curtains in 1979, the business has expanded to 100 superstores around the country, selling around 13,000 products for the home, with the company now being a member of the FTSE 250 index. We have also participated in the group's success, recommending the shares at 154p in February 2008 and exiting in June 2009 with a 57% gain. Dunelm's own Christmas trading update was reasonable, it posting total sales growth of 8.5% to 275.7 million pounds for the 26 weeks to 1st January 2011. Looking deeper however, new stores contributed 9.7% of the growth with like-for-like sales slipping by 1.2%. Encouragingly, gross margins improved by 110 basis points compared to the same period a year earlier. Operating costs were also said to have remained under control. The group added that as at 1st January net cleared funds at bank amounted to 28.8 million pounds. One of the key points of the Dunelm investment story is its store expansion programmes, with it targetting 150-200 stores in the UK in the medium term. In line with this seven new stores were opened during the six months to 1st January, with eight more in the pipeline for the next 18 months or so. Alongside this Dunelm has a steady refit programme, with three stores being completed in the half which are expected to generate a return on investment of 0.7 million pounds each. At least four stores are expected to have a major refit in the second half. Into the rest of 2011 and given Dunelm's exposure to activity in the housing market trading will be tough considering the shaky outlook for the property sector. Rising cotton prices are also expected to impact margins. Broker Arden cut its price target for the shares to 460p on the recent news and its stance to "reduce". Panmure Gordon is more bullish, having a 600p target and a "buy" stance. Currently trading on a consensus multiple of just 15.7 times earnings, we believe that the recent slippage in the share price provides a good buying opportunity for long-term investors. BUY

Alexon (AXN): 12.25p One of the first London listed retailers to warn on profits at the end of last year was womenswear retailer Alexon. We tipped the shares as a recovery play in the June 2010 newsletter at 21.75p but unfortunately the trading performance has not done the investment case much good since then. As a reminder, the company is a retailer of clothing for the over 40s, female demographic which sells the Alexon, Eastex, Dash, Ann Harvey, Kaliko and Minuet Petite brands. It has a significant high street presence, operating over 1,100 stores and concessions in the UK, as well as having an online presence via its own website and via the House of Fraser and John Lewis websites. Unfortunately, due to the company's focus on the older demographic and its large physical presence (as opposed to online) the recent extreme wintry weather in the UK affected it more than most retailers. The cold snap caused between 40 and 60 outlets to close in each of the three weeks to 23rd November 2010. As a result like-for-like sales for the period plunged by 19.9%, taking year to date like-for-like sales to 4.7%. The bottom line impact was estimated at £1.5 million for the year to the end of January - a significant amount when we consider that analysts had pencilled in profits of 4.3 million pounds. Also worrying is the fact that the reduced trading could potentially cause an infringement of a particular profit related bank covenant. The firm said that it is in talks with its lenders, they are supportive and that net borrowings remain comfortably within current facilities. While Alexon has reacted to the situation by further developing its online systems (online sales were up by 129% in the three week period) it does face significant challenges in the current year. With forecasts for 2011 (to January) now down to earnings of 1p, the shares look fairly rated on a multiple of 12.3 times. However, in 2012 the multiple falls to just 6.1 times on the back of forecasts for 2p of earnings and as such we believe that the shares are worth holding on to. HOLD