It’s not as if HER need more ‘potential’ as recent tests have shown their licence to be proving up to be an extensive resource. But today’s news really is a significant bonus for shareholders and caught me as well as many other shareholders by surprise. I don’t think the market has fully digested the news …
2011 October
Anglo Asian – Exploration update
Great exploration update from AAZ. The company has made great progress in 2011 paying almost all of their debt off and remain on target to hit end of year targets. Resource numbers look set to be bolstered by today’s news which is welcome. As the company moves towards being debt free and profitable in early …
Hedge Funds Raise Bullish Bets on Commodities – Bloomberg
Always nice to see some more positive banter in the media after the recent few months of doom and gloom. The fact that many small cap commodity stocks resemble feb 2009 rather than oct 2011 shows just how far some have been oversold. It’s not Feb 2009 – and if markets return to some ‘risk …
Gulf Keystone – Kurdistan Operational Update
Decent update from GKP but no share price moving data revealed at this stage although the RNS does suggest that OIP numbers will be increasing when the numbers finally are unveiled. The key catalyst near term for GKP is without a doubt the relisting of Vallares/genel. A recent broker note raised Genel’s target sp to …
2011 Hotlist Results – Week 42
Week 42 of 2011. Another solid week for the major indices off the back of further firm action and Euro zone solutions being transmitted to the markets with greater urgency. It’s the Federal Reserves turn next week as they seek to outline their plans for stimulating growth. The US dollar is strong at present and …
Rebuilding Libya – the morning after
It’s the morning after the Gaddafi killing and the people of Libya wake up to a new day, new dawn and a new future. After over 40 years of Gaddafi’s reign, it will not be an easy transition to make from one ruling style to a legal framework governing style seen by neighbouring countries – …