Nov 14 2012 @ 10:29
South Africa is prone, like most African States, to erupt in a flurry of violence when the last straw breaks the camel’s back. The situation at Marikana, wherever the blame lies, has unfortunately been unscrupulously capitalised upon by those wishing to shift the balance of power in the run up to the Mangaung (Bloemfontein) ANC […]
Nov 07 2012 @ 08:00
SMA Solar was/is the doyen of the Inverter market, but noisy little upstarts from the East, heightened tariff degressions in its main markets of Italy & Germany, and the potential for a disruptive technological shift in rooftop installations through microinverters (where market share is lacking), have led to the Company announcing that their outlook for […]
Oct 19 2012 @ 05:20
Google’s Publishing Company, R.R. Donnelley & Sons, have mistakenly filed the 8K earnings statement early to the SEC. Revenues came in at $11.33bn up , stripping out traffic acquisition, and earnings at $9.03 per share, removing the Motorola Mobility restructuring costs and employee compensation charges. This is significantly below the analyst estimates of revenues at […]
Sep 15 2012 @ 14:26
The Draught Line on the Scott Spirit is 13m, according to the website marine traffic via the onboard AIS transmitter – and is heading to Nigg bay. Before the well test started the draught line measured 9.8m leaving an increase in water depth due to the recent extended well test operation of 3.2m. The Company […]
Sep 13 2012 @ 07:21
Agriterra (
LSE:AGTA), the farming Company that is actually an Oil Company through its legacy investments from White Nile Petroleum, has seen its first taste of rumours on the bulletin boards as a Paris based website, African Intelligence, has reported Tullow Oil is interested in snapping up its 20% stake in the 30,000sqkm South Omo block. […]
Sep 10 2012 @ 05:32
Chariot has announced that its southern block Kabeljou well was a duster. On the back of this the stock has fallen 60% plus reliving its Tapir failure of May this year. Although this is the second of a 4-5 well drilling program in their three Namibian blocks, the score now stands Africa 2 – Chariot […]
Sep 07 2012 @ 10:09
Xcite Energy (
LSE:XEL) have announced the sale of 135,000+ barrels in conjunction with BP to a major refining participant in the European market. The remaining two weeks production will also be included. Previous article: Xcited and I Just Can’t Hide It This is above the 45,000 barrels required for the reserves based lending facility. They also […]
Sep 06 2012 @ 11:06
At the end of Renewable energy Corporation’s recent presentation they have a quote from Thomas Edison to Henry Ford and Harvey Firestone – “I’d put my money on the sun and solar energy. What a source of power! I hope we don’t have to wait till oil and coal run out before we tackle that.” […]
Sep 06 2012 @ 08:46
Sirius Minerals (
LSE:SXX) is one of those stocks that looks to have a golden future ahead with its thematic fertiliser play – a market with growth reliant on the dietary shift in emerging economies to increased meat consumption as income per capita rises – which looks set to be one of the solid investment trends […]
Aug 27 2012 @ 07:16
Q-Cells, once the largest cell producer, is being bought by the carnivorous Korean Chaebol, Hanwha group. Hanwha are paying cash in the “medium double digit euro range” and taking on liabilities in the low hundred millions, but the 2012, 2014 and 2015 convertible bond issues by Q-Cells are excluded from the deal, according to yesterday’s […]