Member Info for mulledwine

http://www.investegate.co.uk/Article.aspx?id=20110812070000PFB8B

CHANGE OF NAME The Company announces that, following shareholder approval at the Annual General Meeting on 1 August 2011, its name change to Richland Resources Ltd will become effective from 8 a.m. on 12 August 2011. The Company will begin trading under its new name Richland Resources Ltd (Ticker: RLD) at 8 a.m. today and with the following website www.richlandresourcesltd.com.

Martyn Konig, Executive Chairman and President, commented: "The recent formal approval of our Greek EIS in the form of the final Joint Ministerial Decision announced by the Greek Government is a key milestone for European Goldfields. This approval represents the culmination of over five years of tireless effort, particularly on the part of our Greek colleagues at Hellas Gold, and allows us to progress towards our goal of becoming the largest primary gold producer in Europe. With build-out timelines clearly defined, we were able to revisit our business plan, review our reserve base and update the project economics. Accordingly, we have increased our total mineral resource base by approximately 10% to 24 million oz gold equivalent and while the majority of the industry is experiencing rising capital costs, we have successfully contained both our operating and capital costs at highly competitive levels. With the EIS approval in hand and under the stewardship of our newly appointed COO, we have hit the ground running both at Olympias and Skouries and we are firmly on schedule for first gold production from our Olympias tailings project in Q2 2012. In Romania, we have been building out the technical team and intensive training on project management software is currently underway. Our longer term exploration programmes are focused on increasing our resource base significantly over the coming years. We are looking forward to drill testing near mine targets in Greece and also working toward defining a resource at our three advance-stage exploration targets, with Piavitsa our first priority. We also aim to provide an update on drilling in Turkey in the next couple of months."

Highlights Greece · Greek State delivers Joint Ministerial Decision to formally approve EIS · Major progress on Olympias plant refurbishment · On schedule at Olympias for first gold production Q2 2012 · Bid document for Skouries project construction ready for issue Romania · Local public consultation complete, final cross-border consultation well advanced · Pre-qualification of equipment suppliers complete · Expansion of project team with technical software training underway Exploration · Aiming to define maiden resource at 3 targets in Greece in 2012 Financial · Sales of US$11.1 million · Gross profit of US$2.8 million · Working capital US$31 million Corporate · Appointment of David Cather as COO · London Main Market evaluation initiated

http://www.investegate.co.uk/Article.aspx?id=201108120700172453M

Seb - and the breakout has continued - hope you are still in. GL

Randy Bartley, Chief Executive Officer of Coastal Energy, commented: "Bua Ban North B continues to exceed our expectations and we are very pleased with the four currently producing wells. We continue to produce the Bua Ban North B wells at two-thirds pump capacity to monitor reservoir performance. Given the reservoir quality and well performance we have seen from the Miocene reservoir thus far, we are now planning to move the rig back to Bua Ban North and drill delineation wells to further define the extent of the Miocene trend. This success has also led us to begin further evaluation and remapping of the Miocene trend along the western side of the basin stretching from Bua Ban North to Benjarong. We expect to begin exploration drilling targeting the Miocene at Bua Ban South in the fourth quarter. "The results of the Songkhla H-01 appraisal indicate an oil column of approximately 200 feet. We are pleased with the Songkhla H discovery as there are numerous other prospects which can be drilled nearby and, if successful, developed from a central Songkhla H production facility. We plan to apply for a production license in the Songkhla H area and begin developing the area following government approval."

Coastal Energy Announces Results of Additional Production Testing at Bua Ban North B and Appraisal Drilling at Songkhla H Coastal Energy Company (the "Company" or "Coastal") (TSX: CEN) (AIM: CEO) announces the results of production testing on two additional wells at Bua Ban North B and the appraisal well at Songkhla H. The Bua Ban North B-05 well was completed using an electric submersible pump ("ESP") and is currently producing 2,500 bopd from the Miocene interval. The Bua Ban North B-01 well was completed using an ESP and is currently producing 600 bopd from the Oligocene interval. Total production from the Bua Ban North field is averaging approximately 7,100 bopd. The Company has also completed the B-07 water injection well and expects to complete the three remaining producing wells by the end of August. The Songkhla H-01 sidetrack was drilled to a total depth of 9,140 feet TVD and downdip from the original wellbore to determine the extent of the field. The well encountered 30 feet of net water bearing sand in the Lower Oligocene interval. Pressure data confirmed the field limit is consistent with internal estimates based on seismic data.

http://www.investegate.co.uk/Article.aspx?id=201108120700082342M

Neil Bleasdale, EDEMSA President commented, "We are pleased with the results which clearly reflect the benefit of the debt buy back. We are also hoping that the introduction of a polynomial formula that recognises increases in costs due to inflation will be implemented before the end of the year.".

Empresa Distribuidora de Electricidad de Mendoza Sociedad Anonima ("EDEMSA") for the six months ending 30 June 2011 EDEMSA, the electricity distributor for the province of Mendoza in which Andes has a 51 per cent. indirect interest, has published its financial results for the six months ending 30 June 2011. This information, which has been prepared under Argentine GAAP and in Spanish, is available from the web-site of the Argentine Comision Nacional de Valores at www.cnv.gov.ar. This announcement sets out the unaudited financial information of EDEMSA for the same period prepared under IFRS in Argentine Pesos (AR$). Financial Overview of EDEMSA In the first six months of 2011 EDEMSA reported a profit of AR$11 million, compared to a profit of AR$27 million in the first six months of 2010. However, it should be noted that a one time gain of AR$21 million was recognised in the comparable period last year for the surplus resulting from the Total Return Swap agreement ("TRS"). Sales for the first six months of 2011 increased by AR$18 million over the first six months of 2010, representing an increase of 5%. This increase is due to the pass through of increases in energy costs and a slight increase in demand. Gross profits in the first six months were AR$103 million compared to AR$103 million in the first six months of 2010. Inflationary pressure resulted in operating profit dropping from AR$47 million to AR$30 million, but should be considered in the context of the fact that current tariffs are those based on 2008 cost values. The main increases in costs arose in salaries and other employee related costs and the costs of third party services. The company recorded EBITDA of AR$44 million for the first six months of 2011 compared to AR$61 million for the corresponding period last year. Finance costs for the period were AR$13 million compared to AR$25 million for the comparable period last year after adjusting the comparable period's costs for the one time surplus resulting from the TRS transaction referred above.

http://www.investegate.co.uk/Article.aspx?id=201108120700102473M

Commenting on the results, Sly Bailey, Chief Executive of Trinity Mirror plc said: "While the economic environment remains difficult we have undertaken a series of actions to limit the impact on operating profit. The roll out of our technology led operating model continues to deliver efficiencies and today we have announced an increase in our 2011 cost savings target to £25 million. At the same time we're investing across the Group to diversify and grow revenues. Following changes to the national Sunday newspaper market we are highly encouraged by the considerable circulation volume growth seen by our national Sunday titles. Our focus on maximising profits in the short term through tight management of costs while investing for growth creates a good backdrop for shareholder value creation over time."

Half-Yearly Financial Report for the 26 weeks ended 3 July 2011 Summary · Board anticipates performance for 2011 to be in line with expectations · Group revenue(1) down by 2.9% to £371.0 million (2010: £382.2 million) · Operating profit(1)(2) down by 23.7% to £47.1 million (2010: £61.7 million) · Earnings per share(1)(2) down by 11.6% to 12.2 pence (2010: 13.8 pence) · Structural annual cost savings target increased by a further £10 million to £25 million for 2011 · Group remains cash generative with net debt(3) falling by £3.7 million to £262.2 million after pension deficit funding payments of £33.0 million · Pension deficit (net of deferred tax) fell by £43.6 million to £73.9 million

http://www.investegate.co.uk/Article.aspx?id=201108120700092462M

Hammerson directors go shopping Two senior board members at Hammerson have both bought shares in the shopping centre operator, buying into weakness after a recent plummet in profits. Chief Executive David Atkins made a purchase of 16,000 shares at 404.2p per share, while Terry Duddy, the group's non-excutive director, purchased 20,000 at 405.75p per share. Atkins, who has been part of the company since 1998 and a member of the board since 2003, now has a total of 161,977 shares in the company. He is also on the board of the European Public Real Estate Association and is on the advisory committee of the British Council of Shopping Centres.

Credit Suisse initiates outperform on Spirit Pub, target price 75p.

Peel Hunt downgrades NWF Group from buy to hold, target price cut from 140p to 130p.

Arbuthnot upgrades Microgen from buy to strong buy, target price unchanged at 200p.

Investec upgrades Hunting from hold to buy, target price raised from 768p to 781p