Another day of modest gains for the AIM All Share, with the upside likely emboldened by softer than forecast inflation data coming out of the US. At the close, the index was almost three points higher at 769.03.
- Helium One +20%
- Reabold Resources +18%
- Atlantic Lithium +14%
- Rosebank -42%
- Premier African -30%
Helium One LON:HE1 was the biggest riser on the day, up 20% at the bell following an update on its drilling program in Tanzania. This has taken some modest steps forward although the note read that there are still some points to finesse. Regardless, investors are cheering the direction of travel.
Reabold Resources LON:RBD also fared well, up 18% following the publication of full year results.
Atlantic Lithium LON:ALL gets the notable mention, up 14% following the announcement of changes to its leadership structure and cost reduction initiatives.
Rosebank [LON:ROSE] was the biggest faller down 42% after the company’s stock was once again admitted for trade. There have been a series of corporate actions taking place here including an acquisition funded by a £1.1 bn cap raise.
Premier African LON:PREM was 30% lower at the bell, following news this morning of an interim funding announcement. The discount reflects the price at which new equity has been issued and also covered off a series of contractor invoices, showing broader confidence in the company’s prospects.
