News & Analysis » UK
Gulfsands Petroleum, Borders and Southern, Cluff Gold news briefs
By Fox-Davies Capital
Gulfsands Petroleum (HOLD, ?3.00) rejected the unsolicited approach received yesterday regarding a possible offer for the Company. The Board is unanimously of the view that the proposal was wholly inadequate and materially undervalued the Company. The Board is confident in Gulfsands' strategy to become one of the pre-eminent exploration and production companies in the Middle East and to continue to demonstrate tangible growth.
Borders and Southern announced that the Company has appointed Mirabaud Securities LLP as its joint broker with immediate effect. Panmure Gordon & Co continues to act as NOMAD and joint broker and Ocean Equities Ltd continues to act as joint broker to the Company.
Cluff Gold announced record gold production of 19,288oz for the first two months of 2010. Operating cash costs for the two months were US$547/oz of fine gold produced at Kalsaka and US$797/oz of fine gold produced at Angovia.
Stock Market Forum
- Information about Stock trading - An Article
7 February 2012
- how do you find canada stocks to trade?
3 February 2012
- my stock to watch for tomorrow-CLD
3 February 2012
- Dynamic levels is all about showing the stock levels for last 12 years.
19 January 2012
- Bank of England Keeps Base Rate unaffected at 0.50%
13 January 2012
- Oil price rise fuels India's inflation
4 January 2012
- How to invest in stock market
27 December 2011
- Four Secrets to invest in Stock Market: Beginners Guide
27 December 2011
- Food inflation plunges to 4-year low of 1.81%
22 December 2011
- Nifty delete certain posts gains on GDP data
22 December 2011