Flagstaff Communications

Chairman Graham Lyon BSc. (Eng) Hons talks to الطاقة about the gas potential in Morocco, recent developments in drilling operations and more... https://lnkd.in/eRHiDR2m #SOU

--Company Update-- GOLDPLAT PLC Q2 Operating Results update for period ended 31 December 2024 The two recovery operations achieved a combined operating profit for the quarter of £1,169,000 (FY Q2 2024 - £1,505,000) and for half year ("H1") was £2,498,000 (FY H1 2024 - £3,368,000) (excluding listing and head office costs, finance cost and foreign exchange losses). The finance cost and foreign exchange losses incurred in Q2 mainly related to trading activities and resulted in a combined profit before tax excluding listing and head office costs for Q2 of £834,000 (FY Q2 2024 - £716,000). The Ghanaian operation achieved a profit before tax for Q2 of £555,000 (FY Q2 2024 - £1,191,000). Klingenberg Werner, CEO of Goldplat comments: "I am pleased with what our teams in the two business units have achieved during Q2. In Ghana, the team continued its implementation and management of several new processes and procedures to focus the business on local beneficiation and manage engagement with authorities with regard to new changes and requirements. In South Africa, we continue streamlining the operations to respond to lower visibility of supply of material. The activity in South America remains encouraging and I am excited to see the acquisition of the land being finalised. This will increase our ability to service local clients by enabling us to process lower grade materials that are not economically viable to ship. It also provides flexibility in terms of jurisdictions we can process in. There is still significant work to be completed but all our efforts will create a more robust business providing a niche solution to the industry it operates in. The focus remains to reduce inventory levels in Ghana, whilst increasing cash on hand, improve the local beneficiation solution in Ghana to ensure consistent margins, progress the approval of the TSF pipeline, continue cost management efforts in South Africa and increase market share in South Africa." RNS for more: https://lnkd.in/eMQzeQqm === Cc Tim Thompson #GDP

--Company Update-- Predator Oil and Gas PLC announces Placing to raise £2m with two institutional investors for accelerated drilling activity 2025. PAUL GRIFFITHS, Chief Executive Officer of Predator Oil & Gas Holdings Plc comments: "We are delighted to welcome Strategic Investors as cornerstone shareholders in the Company who see the potential shareholder returns the Company could generate by the end of 2025 given our mature portfolio of potentially high-reward drilling opportunities across exploration and appraisal and development of existing hydrocarbon discoveries.   MOU-5 and evaluating the large Titanosaurus structure is the immediate next objective and plans are still right on track to commence drilling MOU-5 as previously announced." RNS for more: https://lnkd.in/eePGF8HQ === Cc Tim Thompson #PRD

--Company Update-- Predator Oil and Gas PLC announces the launch of its new website today. https://lnkd.in/e3g7xagC PAUL GRIFFITHS, Chief Executive Officer of Predator Oil & Gas Holdings Plc comments: "We hope the new website will be informative for shareholders as 2025 is set to be a year of significant operational activity and potential near-term acquisitions to consolidate the options for monetisation through a divestment process if attractive commercial terms can be negotiated.   The upcoming MOU-5 drilling operations represent an opportunity for significant newsflow, subject to the customary regulatory approvals.   The new website offers shareholders the opportunity to assess public announcements in the context of the clearly stated business strategy and objectives of the Company." RNS for more: https://lnkd.in/eWykefV3 === Cc Tim Thompson #PRD

Looking forward to a productive few days at Investing in African Mining Indaba. Great to be here with some of our clients... #MiningIndaba2025 #MI25

--Company Update-- MicroSalt® UK closes the oversubscribed fundraising of £2.3m (~US$2.9m) through a subscription for 3,316,122 new ordinary shares of £0.001625 each in the Company at the current market price of £0.70 per Subscription Share. Rick Guiney, CEO of MicroSalt, comments: "We are pleased to close this oversubscribed fundraising at the current market price, at a time when many other fundraisings are consummated at substantial discounts. This additional capital will enable us to further scale our B2B sales to snack manufactures and help us meet anticipated customer demand in the QSR segment since our January 2025 product launch. I am very optimistic on the upside potential for anticipated rapid growth in 2025, particularly at a time when governments are increasingly focused on initiatives to reduce Sodium consumption in manufactured foods. Indeed, only last month the US FDA proposed new short form nutritional labels to be applied to the front of packaged foods where the levels of (i) Saturated Fat; (ii) Sugars; and (iii) Sodium are to clearly labelled as Low, Medium or High. For MicroSalt, this is potentially game-changing and we already have food companies engaging with us to actively address the need to lower Sodium levels in their products." RNS for more: https://lnkd.in/eyFWgxkQ === Cc Tim Thompson #SALT

--Company Update-- Angus Energy Plc safely delivers booster compressor for Saltfleetby Field gas processing facility in Lincolnshire. Commissioning and start-up of the new compressor is still expected to occur before the end of the first quarter 2025. The new compressor will maintain inlet pressures into these two compressors as reservoir and well head pressure declines with depletion, increasing production levels in the short term and field recovery over the life of the field.   Angus will notify Investors when the Compressor is fully commissioned at Saltfleetby. RNS for more: https://lnkd.in/erjV_e2N === Cc Tim Thompson #ANGS

--Company Update-- Tekcapital plc announces key retail partnership with Micro Center, one of the leading tech retailers in the United States, to expand its retail reach and bring Lucyd smart eyewear in stores nationwide and online. In addition to selling Lucyd smart eyewear, Micro Center will be onboarding Lucyd's customizable interactive displays in-store, to deliver a more engaging and informative customer experience, and to enhance sell through. Harrison Gross, CEO & Co-Founder of Innovative Eyewear Inc, comments: "We are thrilled to announce our partnership with Micro Center, one of the leading tech retailers in the U.S., known for its wide selection of cutting-edge technology products and passionate tech-focused customer base. Micro Center is the ideal partner for our smart eyewear, as their customers are early adopters of innovative technology who are eager to experience the latest advancements. Further, Lucyd smart eyewear connects with any Bluetooth-enabled device, such as smartphones, laptops, desktops, and game controllers making it an ideal companion product."   The deal was signed as a result of Innovative's partnership with Windsor Eyes, a leading optical distributor in the US.   Paulino Diaz, partner at Windsor Eyes, expresses enthusiasm about the launch, saying: "We are thrilled to partner with Micro Center, a trusted name in consumer electronics. Their loyal and forward-thinking customer base is the perfect audience for Lucyd smart eyewear. We believe they will be just as excited as we are to experience the cutting-edge features of this groundbreaking product line." RNS for more: https://lnkd.in/e_bmcwqC === Cc Tim Thompson #TEK

Flagstaff TV: Daniel Slater, CFA Energy Analyst at Zeus Capital discusses his recent site visit to Morocco with Sound Energy plc https://lnkd.in/eBxCWTQP === Cc Tim Thompson #SOU

--Company Update-- Predator Oil and Gas PLC announces civil engineering work, to improve access roads & prepare MOU-5 well pad, has commenced on its Guercif licence onshore Morocco at MOU-5 drill site. PAUL GRIFFITHS, Chief Executive Officer of Predator, commented: "We are very pleased to have put together this new fully-funded drilling campaign efficiently and within budget guidance to allow us to drill MOU-5, as currently forecast, next month. The Titanosaurus structure may be potentially transformational to the Company's already diversified asset base in a success case. It is a rare opportunity to drill a potentially high-impact structure adjacent to an existing gas infrastructure in an attractive fiscal regime. Our hydrocarbon sector has seen a global resurgence of interest and activity outside of the UK and Europe over the past few months led by the United States, Norway, Middle East, Africa and Far East. Dwindling gas storage reserves in Europe this winter and geopolitical concerns over security of gas supply provides cold comfort for policy makers seeking to reduce energy costs and promote economic growth. We are potentially entering a "golden age" for gas exploration and production to support: the energy transition by lowering CO2 emissions through replacing coal and oil; and to ameliorate energy price rises by increasing supply and security of access to gas at "crunch" times, when renewable energy cannot cope due to unattractive weather conditions. It is not often that macro geopolitical and economic factors align with a gas development strategy. We are currently in that cycle and ready to attempt to take advantage of it." RNS for more: https://lnkd.in/eQajg7AU Investor Presentation Reminder: https://lnkd.in/etCD_rf4 === Cc Tim Thompson #PRD