See our roundup of today's AIM risers - see the full LSE winners & losers board here.
Velocys rises 22% to 6.48p a share
Velocys (VLS) rose 22% as investors build on the momentum of yesterday’s announcement it was making strong progress with its Bayou Fuels biorefinery project in Mississippi.
The company enables the production of renewable jet fuel and diesel from foresty by-products, with investor backing from the likes of Russian billionaire Roman Abramovich.
It has partnerships with British Airways and Shell, as global demand for high quality renewable fuels grows, particularly from airlines and jet fuel producers.
Read more here & follow VLS here:
Prospex Oil & Gas Rises 23% to 0.347p a share
Prospex Oil & Gas (PXOG) rose 23% as the market continues to react positively to the announcement it issued unsecured loan notes to new and existing investors, which included several company directors.
£4280,000 was raised to fund 2019 development costs at the Selva gas discovery on the Podere Gallina Permit in Italy.
Prospex Chairman, Bill Smith, said “It is highly encouraging that first production in Romania has opened up non-equity funding options to the Company.
Read more here & follow PXOG here:
China Nonferrous Gold rises 13% to 3.945p a share
China Nonferrous Gold (CNG) rose 13% to 3.945p a share after markets opened this morning.
The mineral exploration and development company is currently developing the Pakrut Gold Project in the Republic of Tajikistan, after recently receiving insurance claims following losses caused by a snowstorm.
By September, the cumulative amount of minerals processed was 206,670 tons, and the gold concentrate total was 6,186 tons. It is expecting that gold production will total 5,835 tons of concentrate and 200 kg of gold ingots in September 2018
Read more here & follow CNG here:
Online Blockchain rises 17% to 23p a share
Online Blockchain (OBC) rose 17% to 23p a share after markets opened this morning.
The company specialises in blockchain research and development, it has an investment in ADFVN, the financial markets website, it recently launched and tested a PlusOneCoin wallet for ADVFN customers, and are working to target the Brazillian market with another cryptocurrency Brazio.
It also has been working on Happy Pool, which is a cryptomining pool where cryptocoin miners are able to club together to use their combined computing power to earn cyptocurrency coins.
It also recently announced a $100,000 investment interest in Encryptid Gaming Inc, a crypto gaming software development start-up company.
Read more here & follow OBC here:
See all today's AIM Risers here
