Lyxor Asset Management Luxembourg SA (87E0) News

Arrow Exploration CEO Marshall Abbott joined Steve Darling from Proactive to discuss the company’s 2024 year-end reserves evaluation, conducted by Boury Global Energy Consultants Ltd. The results highlight significant reserves growth across all categories, reinforcing the high resource density of the Tapir Block in Colombia and Arrow’s ability to drive future growth through drilling. Abbott revealed that proved developed producing (PDP) reserves surged by 92% to 2.38 million barrels of oil equivalent (MMboe), primarily due to the successful horizontal drilling campaign at Carrizales Norte. The net present value (NPV-10) before tax for PDP reserves stands at $71.3 million ($29.89/boe). Additionally, proved (1P) reserves increased by 10% to 5.80 MMboe, driven by discoveries at Alberta Llanos and further horizontal drilling success at Carrizales Norte. The NPV-10 for 1P reserves is $114.57 million ($19.75/boe). Arrow delivered strong reserves replacement ratios of 134% (1P) and 231% (2P), fueled by major discoveries in the Alberta Llanos Carbonera, Guadalupe, and Ubaque formations, as well as continued development at Carrizales Norte. These results emphasize the sustainability of Arrow’s growth strategy and the long-term value of its Colombian and Canadian assets. Looking ahead, Arrow is preparing for a robust 2025 drilling program with a fully funded $50 million capital budget, balancing development drilling and low-risk exploratory wells. The company remains committed to expanding its reserves base and enhancing shareholder value. #proactiveinvestors #arrowexplorationinc #aim #axl #tsxv #axl #OilAndGas #EnergyInvesting #ReservesGrowth #MarshallAbbott #LlanosBasin #OilDiscovery #EnergyStocks #Investing #ProactiveInvestors

St George Mining Ltd executive chairman John Prineas talked with Kerry Stevenson at Proactive about the company's recent acquisition of the Araxá niobium and rare earths project in Brazil. The deal, completed in February, provides St George with an advanced-stage project with high-grade niobium and rare earth elements. Prineas highlighted niobium’s strategic importance, noting that it is primarily used to strengthen steel, with additional applications in medical technology, batteries, and defence. He emphasised the commodity's stable pricing due to limited global supply. The company secured A$20 million in funding to advance the project and is preparing a JORC-compliant mineral resource estimate, expected in the coming weeks. The existing data, based on historical drilling, indicates a 20-year mine life and a US$956 million NPV under a previous non-JORC study. St George aims to optimise the project for niobium, conduct further drilling, and expand the resource. Prineas also addressed Brazil's mining jurisdiction, highlighting strong government support and agreements to expedite approvals. The company is pursuing a dual-track strategy, progressing toward development while ramping up exploration drilling to expand the resource base. Stay tuned for more updates! Visit Proactive's YouTube channel for more interviews, and don’t forget to like, subscribe, and turn on notifications. #StGeorgeMining #ASXSGQ #Niobium #RareEarths #MiningStocks #JORC #BrazilMining #CriticalMetals #ResourceInvestment #BatteryMetals

Eclipse Metals Ltd (ASX:EPM) executive chairman Carl Popal talked with Proactive about the company’s earn-in agreement with Boss Energy Ltd to advance exploration at the Liverpool Uranium Project in the Northern Territory’s Alligator Rivers Uranium Field. Popal described the deal as a “game changer” that brings funding, technical expertise, and an experienced uranium producer into the project. The agreement allows Boss Energy to earn up to 80% ownership in stages by funding exploration work, with an initial commitment this year followed by further investment. Discussing the potential of the Devil’s Elbow prospect, Popal highlighted its geological similarities to the high-grade Jabiluka deposit. He emphasisd that the project has strong uranium, palladium, and gold mineralisation, with deep drilling planned to explore its full potential. Beyond uranium, Eclipse Metals is advancing its Greenland rare earths projects, with key metallurgical results expected soon. The company is optimistic that its assets, including a large carbonatite deposit, could be significant in the rare earths sector. Watch the full interview to learn more about Eclipse Metals' uranium and critical minerals strategy. Don’t forget to like the video, subscribe to Proactive’s YouTube channel, and turn on notifications for future updates. #EclipseMetals #ASX #ProactiveInvestors #BossEnergy #Uranium #Mining #Investing #RareEarths #Exploration #UraniumStocks #Greenland #CriticalMinerals #Jabiluka #DevilsElbow #StockMarket #Energy

Graphene Manufacturing Group Ltd CEO Craig Nicol talked with Proactive about the company's latest performance testing results for G®LUBRICANT, a graphene-based engine oil additive. Nicol explained that testing conducted with the University of Queensland has demonstrated an 8.5% fuel efficiency improvement in high-load conditions. He highlighted that the additive works by reducing friction in the engine, allowing for better lubrication and fuel economy. “Thirty percent of your fuel is wasted due to piston friction, and our product addresses that issue,” Nicol stated. The interview also covered GMG’s commercial rollout strategy, initially targeting the B2B trucking market in Australia before expanding into larger diesel fuel markets globally. Nicol emphasized that truck owners could save approximately $8,000 per year in fuel costs by using the additive. Additionally, Nicol discussed GMG’s partnership with the Battery Innovation Center of Indiana to advance graphene aluminum-ion battery development. He noted that the company recently secured a $5 million capital raise to support product commercialization, expand production capacity, and explore a potential U.S. stock exchange listing. For more updates on Graphene Manufacturing Group Ltd, visit Proactive's YouTube channel. Don't forget to like this video, subscribe, and enable notifications for future content. #GrapheneManufacturingGroup #Graphene #FuelEfficiency #GMG #Lubricants #EnergySavings #DieselEngines #BatteryTech #Innovation #SustainableEnergy #Investing