AIM WINNERS & LOSERS: Bradda Head jumps; Nichols up on Panmure's 'buy'
14th Feb 2024 10:52
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More
Bradda Head Lithium Ltd - US-focused Lithium exploration company - Says results from a recently completed gravity survey have added confidence to its assessment of its Basin clay project in Arizona. The survey measured gravitational fields to determine the different densities and rock types of the landscape. Results indicated thicker clay beds at both the upper and lower clay sequences, which Bradda says may be "substantially" thicker than previously reported. Bradda says that these results increase its confidence of being able to reach a new resource of 2.5 million tonnes of lithium carbonate equivalent at the end of the upcoming drilling campaign, expected to commence "in the very near future". Read More
Bradda Head Lithium Ltd - North America-focused lithium development company - Reports additional near surface, high grade lithium discoveries at Morning Star pegmatites in San Domingo, Arizona. Says this is the third and final set of assays released from its 5,776 metre programme, which was completed in December. Read More
Bradda Head Lithium Ltd - North America-focused lithium development company - Swings to pretax profit of GBP1.4 million in the three months to November 30, from a pretax loss of GBP1.8 million a year ago. Operating costs reduced to GBP885,896 from GBP1.7 million in the corresponding quarter the previous year. Looking ahead, says it is "moving closer" to finalising its drill programme at the Basin project. Read More
Bradda Head Lithium Ltd - North America-focused lithium development company - Records shallow lithium mineralised intercepts at San Domingo central target area in Arizona, following completion of phase 2 drilling. Says spodumene has been observed as the dominant lithium mineral, and adds that tantalum and beryllium were also found to be highly anomalous in the central target area. These, and prior near surface drill hole intercepts in the central target area, offer potential opportunity for open-pit development when further drilling proves up mineable resources, it says. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Bradda Head Lithium Ltd on Monday said preliminary assay results from drilling at San Domingo show lithium oxide presence, and improve its knowledge of the drill targets. Read More
(Alliance News) - The following is a round-up of earnings updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Bradda Head Lithium Ltd - North America-focused lithium development company - Receives USD2.5 million royalty payment from the Lithium Royalty Corp. This is after confirmation of its mineral resource estimate surpassing 1.0 megatonnes of lithium carbonate equivalent at its Basin project in the US state of Arizona. Says it has confidence in achieving the next milestone of 2.5 megatonnes of lithium carbonate equivalent to receive a further USD3.0 million payment from LRC. Read More
Bradda Head Lithium Ltd - North America-focused lithium development company - Provides an updated mineral resource estimate at its Basin project in the US state of Arizona. Says based on a further 2,355 metres of sonic drilling, the company has added 729,000 tonnes of lithium carbonate equivalent to the inferred mineral resource. The total new mineral resource now comprises 17.0 million tonnes in the indicated category and 210 million in the inferred category. Says the continued step out drilling success at the Basin East extension and at Basin North has increased its confidence in achieving its next milestone of 2.5 million tonnes of lithium carbonate equivalent. Chair Ian Stalker says: "The increase in LCE at Basin East Extension and into Basin North highlights the impressive potential that we have always believed is inherent at the Basin project. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
(Alliance News) - Bradda Head Lithium Ltd on Friday said its principal regulator, the British Columbia Securities Commission in Canada, has withdrawn its management cease trade order previously made to the company in late June. Read More
Bradda Head Lithium Ltd - North America-focused lithium development group - Reports pretax loss in the three months ended 31 May of USD1.1 million widened from loss of USD120,089 the year before, and basic loss per share of USD0.278 compared to earnings per share of USD0.04. Ian Stalker, chair says: "The first quarter of the financial year has been very busy for the company. Drilling finished at our San Domingo pegmatite asset, with promising assay results received which have been used to design a second drill programme in the district, which commenced during Q2 2023." Adds: "We also commenced our fourth drill programme at our Basin lithium in clay project during March 2023, with very promising assay results received to date, which include our highest-grade assay received to date. Post quarter end, drilling at Basin finished with the results being fed into an upgraded Mineral Resource Estimate which is anticipated in mid-September 2023." Read More
Bradda Head Lithium Ltd - North America-focused lithium development company - Says Chief Executive Officer Charles FitzRoy stands down from role, and as board director, with immediate effect. He will retain his share options outline on April 6. Adds that Chair Ian Stalker will assume the interim role of executive chair, while the search for a new CEO begins immediately. Read More
(Alliance News) - Bradda Head Lithium Ltd on Friday said its pretax loss widened in its latest financial year, but that it is "ideally positioned" going forward to benefit from the US government's focus on clean energy. Read More
Bradda Head Lithium Ltd - US-focused lithium exploration company - Reports audit of financial statements for year ended February 28 is advancing well and is expected to be completed by August 25. It then intends to publish interim financial statements to May 31 by September 1. Read More
(Alliance News) - Bradda Head Lithium Ltd on Wednesday said it saw further positive results from two drill holes as part of its Basin East extension 2023 programme in the US state of Arizona, which it said could lead to "significant" resource expansion potential. Read More
(Alliance News) - Stocks in London are expected to add to Tuesday's gains at Wednesday's market open, having snapped a seven-day losing streak. Read More