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AIM WINNERS & LOSERS: Safestay for sale; Goldstone's gold project blow

17th Sep 2021 10:25

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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AIM - WINNERS

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Hurricane Energy PLC, up 12% at 3.48 pence, 12-month range 0.59p-5.43p. The Surrey, England-based oil producer says its flagship Lancaster oil field - located west of Shetland - produces 11,467 barrels of oil per day in August. Prior to shutdown in early July, the P6 well was producing 10,900 bopd.

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Safestay PLC, up 11% at 22.10 pence, 12-month range 10.00p-26.50p. The London-based company, which operates city centre hostels across Europe, says it will review its strategic options including a possible sale. Safestay says it has received an early approach over a possible takeover. Shares opened at 26.50p, its 12-month high.

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AIM - LOSERS

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Goldstone Resources Ltd, down 12% at 10.00p, 12-month range 6.10p-15.50p. The exploration firm says progress it is yet to begin production at the Akrokeri-Homase gold project in Ghana. Goldstone says the Minerals Commission of Ghana has not approved the company to use a loaded carbon facility where it plans to elute gold. Goldstone is accelerating plans to complete its own elution facility as a result.

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By Eric Cunha; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


Related Shares:

SafestayGoldstone ResourcesHUR.L
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