|
The following stocks are the leading risers and fallers on AIM on Friday. ---------- AIM - WINNERS ---------- Synergia Energy Ltd, up 29% at 0.009 pence, 12-month range 0.0065p-0.0285p. The Perth-based oil and gas exploration firm updates on its Cambay production-sharing contract in India. Says production from the Cambay field saw a marked improvement from the C-64 and C-74 legacy wells after they were worked over in November, and that combined production from the two wells averaged 78 barrels of oil per day in February. Adds that following recent increases in pump rates, the two wells have produced an average of 195 bopd in March to date. Also, the C-77H gas well continues to produce on plateau at approximately 500,000 standard cubic feet per day. ---------- Quantum Blockchain Technologies PLC, up 20% at 0.51p, 12-month range 0.425p-1.05p. The blockchain-focused investor confirms the shipping of the first Bitcoin mining rig by one of the three application-specific integrated circuit manufacturers with which it seeks to form partnerships. Expects the rig to arrive in Italy, before delivery to its Milan University laboratory, with the next week, as initial testing by its US-based consultants is complete. The ASIC manufacturer has also made source code and technical documentation available to Quantum. ‘QBT’s R&D team has begun to analyse the rig’s unique software code and the ASIC’s architecture in order to implement the porting of the software version of Method C AI Oracle onto the mining rig’s operating system as soon as possible,’ the company says. The manufacturer has provided a mining development kit and QBT has allocated a team of experts to conduct live testing and provide results ‘as quickly as possible’. ---------- AIM - LOSERS ---------- Alba Mineral Resources PLC, down 5.1% at 0.0185p, 12-month range 0.011p-0.038p. The Northern Europe-focused gold and mineral explorer contends that it has fulfilled the terms of its agreement with its partner in the Finnsbo project in Sweden, and that its earn-in rights remain in full force and effect. Refutes ‘certain public statements regarding the purported termination of Alba’s earn-in rights under the agreement’. Says it is satisfied that it has fulfilled the expenditure requirement for the first 12-month earn-in period. Consequently, it says it has earned a 25% interest in Finnsbo and is entitled under the agreement to continue earn-ins for another 12 months and potentially increase its interest to 51%. Says it intends to take such legal steps as it considers necessary to ensure that its rights are fully protected and recognised, and is considering ‘all appropriate remedies’ regarding ‘wholly unfounded’ claims in relation to the agreement. ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
|
