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  • Energean resumes full production at Energean Power FPSO after short interruption

    Energean resumes full production at Energean Power FPSO after short interruption

    Energean plc (LSE:ENOG) has reinstated full operations at its Energean Power FPSO after receiving approval from the Ministry of Energy and Infrastructure, following a brief disruption.

    Output returned to normal levels within 48 hours, enabling the company to continue supplying natural gas to customers in accordance with existing contractual commitments. The rapid restart helps minimise operational risk and ensures continuity of revenue from Energean’s core gas-producing assets.

    The company noted that it will provide an update to its 2026 guidance in due course, indicating that any potential impact on production and financial performance is still under review.

    From an investment perspective, Energean’s outlook is weighed down by balance sheet concerns, including relatively low equity levels and increasing debt, alongside a reported net loss for 2025 despite strong operating cash flow. However, valuation offers some support, with a low price-to-earnings ratio and an attractive dividend yield. Technical indicators remain somewhat supportive, though not strongly bullish.

    More about Energean

    Energean plc is an energy group focused on the exploration, development, and production of natural gas. The company operates offshore infrastructure, including its Energean Power floating production, storage and offloading (FPSO) vessel, to deliver contracted gas supplies to regional markets. It plays an important role in meeting energy demand through its established production and distribution capabilities.

  • Oriole increases Mbe gold resource to 1.23Moz with maiden MB01-N estimate

    Oriole increases Mbe gold resource to 1.23Moz with maiden MB01-N estimate

    Oriole Resources PLC (LSE:ORR) has announced its first JORC-compliant Inferred Mineral Resource Estimate for the MB01-N deposit at the Mbe gold project in Cameroon, lifting the project’s total resource base above one million ounces.

    The newly defined MB01-N resource is estimated at 10.5 million tonnes grading 1.05 grams per tonne, equating to approximately 360,000 ounces of contained gold within a US$3,200 per ounce pit shell. When combined with the previously reported MB01-S deposit, which hosts 870,000 ounces, the total Inferred resource at Mbe now stands at 1.23 million ounces. Both deposits remain open in all directions, with further upside supported by additional satellite targets across the licence area.

    To build on this momentum, the company has initiated a 10-hole, 2,500-metre step-out diamond drilling campaign at MB01-S, aimed at expanding the existing resource later this year. Management believes there is strong potential to materially grow the overall resource base, noting that surpassing the one-million-ounce mark strengthens Mbe’s position as a leading gold project in Cameroon and allows for comparison with other large-scale open-pit discoveries across Africa. However, further exploration work, alongside technical and environmental studies, will be required before any progression toward reserves or development.

    From a financial standpoint, the outlook remains constrained by the absence of revenue and continued cash outflows, despite maintaining a relatively low-debt balance sheet. Technical indicators offer some support, but valuation remains limited due to negative earnings and the lack of dividend prospects.

    More about Oriole Resources PLC

    Oriole Resources PLC is an AIM-listed exploration and development company focused on gold projects in Central and West Africa. Its flagship asset is the Mbe orogenic gold project in Cameroon, where it holds a 50% interest through its local subsidiary, working in partnership with BCM International. The company is targeting the development of open-pit gold resources across multiple deposits within the licence area.

  • Andrada Mining reports encouraging tungsten ore-sorting results at Brandberg West

    Andrada Mining reports encouraging tungsten ore-sorting results at Brandberg West

    Andrada Mining Limited (LSE:ATM) has announced promising early results from ore-sorting trials at its Brandberg West project in Namibia, demonstrating significant grade improvements across tungsten, tin, and copper using sensor-based XRT technology.

    Tests conducted on nine grab samples from historical waste material showed notable upgrades in metal concentrations. Tungsten grades increased to as much as 1.45% from 0.24%, tin rose to 2.09% from 0.31%, and copper reached 2.81% from 0.73%. Recovery rates were also strong, with tungsten up to 91% and tin up to 94%, alongside an approximate 90% reduction in mass. These outcomes point to the potential for lower processing costs and the production of a higher-value polymetallic concentrate.

    The company noted that these initial “sighter” tests reinforce the commercial viability of tungsten as a key component of its asset portfolio. The findings also support the strategy of reprocessing large volumes of surface waste to accelerate development timelines at Brandberg West. The work forms part of an earn-in agreement with BWCAM, which could see up to $51 million invested for a stake of up to 49% in the project. This approach suggests that both legacy waste material and in-pit hard rock resources could be transformed into a viable polymetallic operation, enhancing Andrada’s exposure to critical minerals supply chains.

    Despite these operational positives, the company’s broader outlook remains constrained by weak financial performance, including ongoing losses and negative operating and free cash flow, even as revenues grow. Technical indicators add further pressure, reflecting a sustained downtrend and negative momentum in the share price. Valuation offers limited support, with a negative price-to-earnings ratio highlighting unprofitability and the absence of a dividend.

    More about Andrada Mining

    Andrada Mining Limited is an AIM-listed mining company focused on critical minerals, with operations and exploration assets located in Namibia. While historically a tin producer, the group is expanding its focus to include a wider range of high-demand metals such as tungsten and copper. Through projects like Brandberg West, the company aims to develop polymetallic resources that can contribute to global supply of materials essential for modern technologies and energy transition.

  • Arecor strengthens funding and partnerships as AT278 insulin advances toward Phase 2

    Arecor strengthens funding and partnerships as AT278 insulin advances toward Phase 2

    Arecor Therapeutics plc (LSE:AREC) has released its audited results for the full year 2025, highlighting solid operational momentum across its diabetes and oral peptide delivery programmes, despite a decline in revenue following the closure of Tetris Pharma.

    The company’s lead insulin candidate, AT278, moved closer to Phase 2 development after receiving encouraging feedback from the U.S. FDA. Progress was further supported by a co-development agreement with Sequel Med Tech to integrate AT278 into its twiist automated insulin delivery system. After the reporting period, both companies confirmed plans to expand this collaboration into a broader co-development and commercialisation partnership.

    In addition, Arecor continued advancing its early-stage oral peptide delivery platform and strengthened its intellectual property position through new international patent filings. The business also secured three new formulation partnerships based on its Arestat technology, generating more than £1 million in pre-licensing revenue.

    On the financial side, Arecor improved its balance sheet through an $11 million royalty financing agreement with Ligand Pharmaceuticals. The company closed the year with £6.1 million in cash, providing sufficient runway to complete Phase 2-enabling activities for AT278 and further develop its oral peptide platform, while maintaining disciplined cost management.

    Looking ahead, Arecor’s outlook is supported by strategic partnerships and continued expansion of its intellectual property portfolio, which strengthen its competitive positioning. However, ongoing losses and cash flow pressures remain a challenge. Technical indicators and valuation suggest a broadly neutral stance, reflecting both the risks and potential typical of the biotech sector.

    More about Arecor Therapeutics PLC

    Arecor Therapeutics plc is a Cambridge-based clinical-stage biotechnology company focused on developing improved treatments for diabetes, obesity, and other cardiometabolic conditions. Its lead programme, AT278, is an ultra-concentrated (500U/mL), ultra-fast-acting insulin currently in development. Alongside this, the company is building an oral peptide delivery platform, initially targeting GLP-1 receptor agonists aimed at a large and growing global market.

  • Journeo secures £1.7m sustainable transport display deal in southern England

    Journeo secures £1.7m sustainable transport display deal in southern England

    Journeo plc (LSE:JNEO), a provider of intelligent transport and infrastructure protection solutions, has been awarded a £1.7 million contract to deliver eco-conscious passenger display systems for a major local authority in southern England.

    The agreement covers the supply, installation, and ongoing maintenance of passenger information displays, along with supporting bus stop infrastructure such as environmentally friendly shelters. A key feature of the project is the deployment of ultra-low-energy, off-grid display units powered by solar panels and battery systems. These solutions are designed to support the authority’s net-zero ambitions while enabling faster rollout and reducing installation costs across routes connecting rural areas to urban centres.

    From a financial perspective, the company continues to show improving fundamentals, including revenue growth, stronger profitability, reduced leverage, and healthier cash generation. However, this progress is currently overshadowed by weak technical signals, with the share price trading below key moving averages and momentum indicators pointing to a bearish trend. Although the stock appears attractively valued on a price-to-earnings basis, this has yet to counterbalance the prevailing downward momentum.

    More about Journeo

    Journeo plc is a UK-based technology group specialising in intelligent transport systems and critical infrastructure protection. Its solutions are used across cities, towns, airports, and public transport networks, helping operators enhance efficiency, safety, and sustainability. Operating through six subsidiaries, the company provides integrated services spanning on-board vehicle systems, passenger information for bus and rail, and advanced security solutions for sectors such as utilities, defence, and high-security industries. Over the past four years, Journeo has invested more than £8 million in research and development, focusing on IoT-enabled platforms built on open standards to ensure compatibility with existing systems and future innovations.

  • Wall Street Futures Suggest Muted Start as Investors Await Developments: Dow Jones, S&P, Nasdaq

    Wall Street Futures Suggest Muted Start as Investors Await Developments: Dow Jones, S&P, Nasdaq

    U.S. stock futures indicated a largely flat opening on Friday, pointing to a cautious tone as markets pause following a late rebound in the previous session.

    Investors appear hesitant to take decisive positions amid continued uncertainty surrounding the Middle East ceasefire.

    Ahead of scheduled U.S.-Iran discussions in Pakistan this weekend, President Donald Trump criticized Iran, saying it is doing a “very poor job” of allowing oil shipments through the Strait of Hormuz, adding, “That is not the agreement we have!”

    He also addressed reports that Iran may be charging fees to tankers passing through the key shipping route, warning, “They better not be and, if they are, they better stop now!”

    “With talks between Tehran and Washington set to get underway on Saturday, investors could be in for a fretful weekend as they wait for indications of whether a path to lasting peace is possible,” said AJ Bell’s head of markets Dan Coatsworth. “Ahead of this, investors may well be tempted to hedge their bets.”

    Futures showed little movement after the Labor Department reported that U.S. consumer prices rose in line with expectations in March.

    Following Wednesday’s strong rally, stocks retreated early in Thursday’s session before rebounding later in the day. The major indices recovered from intraday lows and closed in positive territory.

    This extended the upward momentum, pushing the benchmarks to their highest closing levels in over a month.

    The Nasdaq gained 187.42 points, or 0.8%, to 22,822.42, while the Dow Jones Industrial Average rose 275.88 points, or 0.6%, to 48,185.80, and the S&P 500 advanced 41.85 points, or 0.6%, to 6,824.66.

    The turnaround came as traders monitored geopolitical developments and their effect on oil markets.

    Crude oil initially rebounded sharply after Wednesday’s steep drop, before paring gains while still ending significantly higher.

    The earlier surge reflected concerns about the stability of the ceasefire, with Iran accusing the U.S. and Israel of breaching the agreement.

    Iran’s deputy foreign minister Saeed Khatibzadeh said in an interview with the BBC that the country had once again shut the Strait of Hormuz.

    Khatibzadeh described Israel’s strikes on Lebanon as an “intentional grave violation” of the ceasefire.

    Oil prices later eased after Benjamin Netanyahu said Israel would begin negotiations with Lebanon “as soon as possible.”

    He added that the discussions would focus on disarming Hezbollah and working toward more stable ties between the two nations.

    On a sector basis, retail stocks posted strong gains, with the Dow Jones U.S. Retail Index rising 2.9% to its highest level in more than two months.

    Semiconductor stocks also performed well, as reflected in a 2.1% increase in the Philadelphia Semiconductor Index.

    Transportation and banking stocks moved higher, while software shares remained under pressure throughout the session.

  • European Shares Advance on Prospects of Israel-Lebanon Talks: DAX, CAC, FTSE100

    European Shares Advance on Prospects of Israel-Lebanon Talks: DAX, CAC, FTSE100

    European equity markets traded higher on Friday after Benjamin Netanyahu signaled that Israel is open to direct negotiations with Lebanon, while maintaining that military operations against Hezbollah across the country would continue.

    On the economic front, data from Destatis showed that German consumer inflation accelerated to its highest level since January 2024, driven largely by rising energy costs following the Iran conflict.

    Consumer prices increased 2.7% year on year in March, up from 1.9% in February, in line with preliminary figures released at the end of March. The reading marks the strongest inflation level since early 2024.

    Harmonized inflation across the euro area framework also climbed to 2.8%, matching expectations and rising from 2.0% the previous month.

    In the markets, the DAX gained 0.8%, the CAC 40 rose 0.7%, and the FTSE 100 advanced 0.3%.

    Among individual stocks, Porsche (TG:PAH3) declined after reporting weaker first-quarter delivery figures.

    Sodexo (EU:SW) also came under pressure following a sharp drop in first-half earnings and a downgrade to its full-year sales and profit outlook.

    On the upside, Skanska (BIT:1SKAB) gained after announcing a contract to build a high-tech facility in the United States valued at approximately SEK 1.3 billion.

  • Aquis Stock Exchange Weekly Highlights 06.04.26

    Aquis Stock Exchange Weekly Highlights 06.04.26

    Time To ACT Plc (AQSE:TTA) raised £415,000 through the issuance of new shares, with proceeds set to support a range of investment initiatives. Read more

    Ethtry PLC (AQSE:ETHY) has deployed £100,000 to purchase 66.7 ETHthe company now holds 817 ETH on its balance sheet of which 750 ETH is currently being staked.

    Mike Murphy, Director, commented: “With our treasury position growing to 816.6737 ETH and our holdings moving into staking, we are continuing to build a treasury platform designed to create long-term shareholder value and meaningful exposure to the Ethereum ecosystem.” Read more

    Cooks Coffee Company Limited (AQSE:COOK) announced that its Esquires brand has received two awards at the recent Irish Franchise Association Awards 2026; Franchisee of the Year 2026 – Food and Beverage and Franchisor of the year 2026 – Expanding (Food and Non-Food).

    Aiden Keegan, CEO of Cooks Coffee, said: “We are delighted to see Esquires recognised across a number of categories at the Irish Franchise Association Awards, demonstrating both brand-level performance and the achievements of our franchise partners. These awards reinforce Esquires’ position as a leading ethical coffee brand and align with our focus on embedding Environmental, Social and Governance (ESG) principles throughout the business.” Read more

    Wishbone Gold Plc (AQSE:WSBN) announced the signing of an option for a cash payment of £100,000, to acquire the Silver Lake Project, a silver prospect in the Carnarvon Basin of Western Australia. Read more

    All Aquis Stock Exchange Announcements

  • Brunello Cucinelli Shares Rise on Strong Q1 Sales Performance

    Brunello Cucinelli Shares Rise on Strong Q1 Sales Performance

    Shares in Brunello Cucinelli (BIT:BC) climbed more than 4% on Friday after the Italian luxury group reported first-quarter sales that exceeded expectations, driven by robust demand in the Americas and Asia, which helped offset weaker wholesale performance in Europe.

    Revenue for the quarter reached €369 million, marking a 14% increase at constant exchange rates (CER), significantly ahead of the Visible Alpha consensus forecast of around 10.6% growth.

    Retail performance stood out, with sales surging 20.1% in CER terms, well above expectations of approximately 14.7%, and building on a 10% growth base from the same period last year. Retail sales expanded at a double-digit rate across all regions.

    Geographically, the Americas delivered the strongest growth at 20.3% CER, outperforming expectations of 14.3%, while Asia recorded a 17.8% increase versus a forecast of 12.4%.

    Europe was comparatively weaker, posting 4.4% growth in CER, slightly below the 5.9% consensus estimate. This was mainly due to softer wholesale activity, as the company continues to limit orders to avoid excess inventory and protect pricing from discounting.

    The group reaffirmed its full-year outlook, maintaining guidance for 10% growth in both 2026 and 2027.

    Analysts at Morgan Stanley, who rate the stock Overweight with a €95 price target, said the results support their positive stance.

    “We think the company remains one of the structurally strongest growth stories in luxury,” they wrote.

    “Our recent channel checks across European retailers and feedback from China have been very positive on the brand and continue to point to strong momentum at Brunello Cucinelli and expectations for a strong year ahead, with a runway for growth,” the analysts noted.

    Regarding recent trading, the company indicated that trends in early April were broadly in line with March. While the Middle East saw a decline in foot traffic—down 50% in March due to regional tensions—this was offset by stronger performance in other markets. The region still made a positive contribution to overall first-quarter growth, supported by solid results in January and February.

  • TotalEnergies Flags Damage at Saudi Refinery Following Midweek Incident

    TotalEnergies Flags Damage at Saudi Refinery Following Midweek Incident

    TotalEnergies (LSE:TTE) said on Friday that one of the processing units at the SATORP refinery in Saudi Arabia was damaged after an incident that took place overnight between Tuesday and Wednesday.

    The French energy group stated that it halted the affected units as a precautionary measure to ensure safety and is currently evaluating the extent of the impact on overall refinery operations.

    Located in Jubail in eastern Saudi Arabia, the SATORP refinery is a joint venture between Saudi Aramco and TotalEnergies.

    The company did not disclose further details regarding the cause of the incident or the level of damage sustained by the facility.