InteliCare Holdings Limited (ICRN) Trades

Reconnaissance Energy Africa CEO Brian Reinsborough joined Steve Darling from Proactive to announce a significant milestone: the company has entered into a joint exploration agreement with Angola’s National Oil, Gas and Biofuels Agency (ANPG). This agreement marks the launch of a collaborative exploration project in the under-explored Etosha-Okavango Basin, located onshore in southeastern Angola. Reinsborough emphasized the strategic value of this addition to ReconAfrica’s asset portfolio, describing it as a rare opportunity to gain early entry into Angola’s onshore oil and gas sector at a low cost and with minimal work commitments. This move further complements the company’s existing operations in neighboring Namibia and underscores the broader exploration potential of the Damara Fold Belt and Rift Basin systems. The agreement adds 5.2 million acres in Angola to ReconAfrica’s current 6.3 million acres in Namibia, significantly expanding its footprint across one of the most promising frontier basins in southern Africa. The company's working interest in the new area will be 80%, with Angola’s state-owned oil company Sonangol holding the remaining 20%. ReconAfrica will hold exclusive rights over the acreage during the term of the memorandum of understanding (MOU). Over the next 24 months, ReconAfrica plans to conduct a series of geological and geophysical studies, including a regional oil and gas seep survey, 2D seismic data acquisition, and comprehensive geochemical sampling and analysis. These efforts are aimed at identifying viable exploration targets and de-risking future drilling prospects. In parallel, ReconAfrica is preparing to drill its largest target to date—Prospect I—onshore Namibia, located just 47 kilometers from the newly acquired MOU area in Angola. The prospect is estimated to contain 365 million barrels of unrisked and 32 million barrels of risked prospective light to medium oil resources. This expansion into Angola signals ReconAfrica’s continu

VettaFi Head of Energy Research Stacey Morris joined Steve Darling from Proactive to discuss the performance and positioning of the Alerian Midstream Energy Dividend ETF, and to provide a broader outlook on the midstream energy sector in the context of today’s evolving market dynamics. Morris began by explaining the role of the midstream segment within the energy value chain, describing it as the “shipping and handling service” of the industry. Unlike upstream producers that are heavily exposed to commodity price fluctuations, midstream companies are focused on transporting, storing, and processing oil and natural gas—services that are typically governed by long-term, fee-based contracts. This structural model, she emphasized, gives midstream operators stable, predictable cash flows, making them more resilient in volatile or declining energy price environments. The conversation turned to recent weakness in oil markets, with U.S. oil benchmarks falling roughly 17% between April 2 and April 8, 2025. Morris attributed the drop primarily to increased supply from OPEC+ nations and mounting concerns over global economic growth and trade activity. “There’s just been a number of concerns around the outlook for the global economy or trade,” she noted, which has added pressure to oil prices in the short term. However, Morris pointed out that midstream energy assets tend to outperform in such environments. Their reduced sensitivity to commodity pricing and defensive investment characteristics—especially consistent dividend payouts—make them an appealing option for income-focused and risk-averse investors. One of the most compelling parts of the midstream growth story, Morris said, is its exposure to natural gas, which continues to see rising demand from multiple sectors. She highlighted projections that U.S. natural gas demand is set to grow by 25% between 2024 and 2030. Morris emphasized that midstream companies are critical enablers of this growth, thanks to their ess

Greatland Gold PLC managing director Shaun Day talked with Proactive about the company’s updated ore reserve for the Telfer gold-copper mine and its forward-looking development strategy. Day outlined the release of a 712,000-ounce gold and 23,000-tonne copper ore reserve for Telfer, achieved just five months post-acquisition. This comes on the heels of a 3.2 million ounce resource estimate, collectively taking the total resource base, including Havieron, beyond 10.0 million ounces. “This is really built on the back of Michael Thompson and his team,” Day said, noting the speed and scale of the update. He emphasized that the reserve confirms continuity at Telfer as Havieron ramps up, avoiding any production gap. Day also discussed the two-year dual-train production outlook through FY27 and emphasized the production and cost benefits expected once Havieron, a significantly higher-grade and lower-cost asset, is integrated. An updated feasibility study aims to expand Havieron from 2.8 to 4–4.5 million tonnes per annum, potentially via conveyor infrastructure to enhance economics and ESG performance. Looking ahead, Day pointed to opportunities to extend mine life, increase drilling, and develop the West Dome Underground. “The team is really humming right now,” he said. Visit Proactive’s YouTube channel for more videos like this. Don’t forget to like this video, subscribe to the channel, and enable notifications for future content. #GreatlandGold #ShaunDay #TelferMine #Havieron #GoldMining #CopperMining #MiningUpdate #FeasibilityStudy #ASXMining #MineralResources #GoldInvesting #MiningDevelopment #ResourceUpdate

Optima Health PLC chief executive Jonathan Thomas talked with Proactive's Stephen Gunnion about the company's acquisition of Ireland-based Cognate Health. This deal marks Optima Health’s first foray outside the UK and is aligned with its strategy to supplement organic growth through mergers and acquisitions. Thomas said the move adds around €7 million in revenue and approximately £1 million in EBITDA to the group. Cognate Health is described as a strong platform with 30 clinic facilities across Ireland and around 60 experienced personnel, along with a network of clinicians. According to Thomas, “It’s a really great platform… in addition to obviously the financial aspects… really great opportunities to collaborate, revenue synergies and grow the businesses collectively.” He explained that expanding into a new regulated market provides access to multinational clients seeking services across both the UK and Ireland. The acquisition allows Optima Health to tailor services across jurisdictions while opening up new cross-sell opportunities. Thomas added that the company expects to announce more acquisitions during the year, with several discussions currently underway. Visit Proactive’s YouTube channel for more in-depth business updates and interviews. Don’t forget to give the video a like, subscribe to the channel, and enable notifications so you never miss a story. #OptimaHealth #CognateHealth #HealthcareAcquisition #MergersAndAcquisitions #JonathanThomas #OccupationalHealth #WorkplaceWellbeing #IrelandHealthcare #BusinessExpansion #ProactiveInvestors