Prospex Energy PLC - Operational Update
Prospex Energy reports a 230% increase in net production rates since January 2024. The company, focused on European gas and power projects, updates on its gas assets: Viura, Selva, and El Romeral. Drilling schedules for 11 new wells over 18 months indicate significant future development across their European projects.
Georgina Energy PLC - Publication of Scoping Study to Hussar & Mt Winter
Georgina Energy Plc publishes a scoping study on its Hussar and Mt Winter projects, confirming commercial viability for helium, hydrogen, LNG, and argon production. With an IRR of 27.3% and an NPV of US$1.64 billion, the study outlines significant revenue potential. The company engages in offtake negotiations and advances regulatory processes.
Cobra Resources PLC - Boland Aircore Drill Results
Cobra Resources plc reports significant rare earth enrichment at its Boland Project in South Australia, with initial aircore drilling confirming mineralisation across a scalable 6km² footprint. The company plans further drilling and sonic investigations to enhance resource estimation, focusing on low-cost, environmentally friendly in situ recovery mining techniques.
McBride PLC - Half-year Report
McBride plc announces a strong performance in its unaudited interim results for the six months ending 31 December 2024, with a 0.7% revenue increase and a 47.7% rise in profit before taxation. The company plans to reinstate annual dividends post-2025 results, reflecting its improved financial position and strategic progress.
Vinanz Limited - 100 Bitcoin Miners Added in IndianaA
Vinanz Limited accelerates its Bitcoin mining efforts in Indiana, USA by increasing its fleet from 20 to 120 operational miners with the acquisition of Bitmain Antminer S19J Pro units. Expecting a hashing capacity of 16.4 PH/s soon, this expansion reduces power costs and prepares for future growth with "Made in America" Auradine AT2880 miners.