and out of Evocutis So, .... is this bad news ? do we sell ?..... is this good news ? do we buy ?SAGE
and out of REM ... also retires from REM:Rare Earth Minerals Plc("REM" or "the Company"


Directorate Change

London-listed Rare Earth Minerals Plc (AIM: REM), announces that Andrew Suckling has been appointed non-executive Chairman of the Company following the retirement of David Lenigas as a director.

Andrew Suckling commented:

"I look forward to leading REM through this next exciting phase of the Company's development after David has successfully helped transform this company from a shell company in to one that now has significant interests in the global lithium sector and in particular its interests in the Sonora Lithium Project in Mexico and the Cinovec Lithium/Tin Project in the Czech Republic.


"The board thanks David for his valuable contribution over the past years and wishes him well on his new focus on developing his North American and Cuban businesses."

David Lenigas added:

"I am immensely proud of what has been achieved so far in building this Company into a potentially significant participant in the global lithium market. I have planned for some time to retire from the board once Andrew was ready to take the reins as Chairman of the Company. He has an impressive record in the US marketplace and with the US ADR programme in place, I have no doubt that he will lead the Company through to success as its enters into its next important phase of development." 

- Ends -

And Lenigas out of Bacanora RNS Number : 6583JEvocutis PLC21 December 2015 21 December 2015Evocutis plc("Evocutis" or the "Company"Evocutis Plc (AIM: EVO and ISDX:EVO), the London listed investing company, today announces that David Lenigas has retired as Chairman of the Company with immediate effect and that Hamish Harris has been appointed to replace him as Chairman. - Ends -
Still dependent on many others elsewhere This was always a pre-funding investment situation .... and it still is ... and will remain so ................ until everything hits 'Critical Mass'SAGE
@longovershort @Mattitus @sharepicking #AEX #UJO # EVO #88E #UKOG #PXOG MicroCaPicks [link]
Re: Tungsten Today is the last day for EVO to increase its holding in Brazil Tungsten Holdings Ltd as announced on 11th May as follows:- Evocutis PLC (LSE AIM: EVO) is pleased to announce that the exclusive option to increase its holding in Brazil Tungsten Holdings Limited to 20% by investing a further US$1million towards mine expansion, as referred to in the announcements of 12 February 2015 and 18 December 2014, has been extended to 5 June 2015. All other conditions of the option agreement are unchanged.So, we should be having a further RNS today or next week.YB
Neil Ritson interview Thanks to DukeDosh on the Solo Discussion for posting the attached:-EXCLUSIVE: Solo Oil chairman says Horse Hill media comments misleadingWed, 29th Apr 2015 Neil Ritson, Solo Oils (LON:SOLO) chairman tells Proactive Investors some of the comments in the national media about the Horse Hill project approvals are misleading. The project is moving forward, Ritson explains. Were waiting for some consents, but were always waiting for consents; its a hugely complicated regulatory environment in which we operate and were rigorous in pursuing that in the right order and at the right time. Ritson also discusses todays deal for a stake in Burj Petroleum Africa, which opens the door to marginal fields in Nigeria. He also talks about the importance of securing a partner such as Global Oil and Gas, run by InterOil founder Phil Mucalek.[link] View thread 1 Respond Vote up YB
Re: Tungsten I presume EVO has not taken up the option of buying a further 10% of BTHL and the Bodo Tungsten mine as we haven't had an RNS.YB
Telegraph UK oil and Gas DL Andrew Critchlow and John Ficenec12:28PM BST 15 Apr 20153 CommentsGatwicks 100bn barrel oil gusher may be just a trickle after the company behind the alleged find said that it doesnt actually know for sure how much crude lies under a large swathe of the Sussex and Surrey Weald.Less than a week after claiming that the area around its Horse Hill licence near Gatwick Airport could hold more oil than has already been pumped from the North Sea, the AIM-listed company UK Oil & Gas Investments (UKOG) reiterated that its estimates should not be considered as either contingent or prospective resources or reserves.Last week, UK Oil & Gas Investments chief executive Stephen Sanderson said: "We think we've found a very significant discovery here, probably the largest onshore in the UK in the last 30 years, and we think it has national significance."The company controlled by Monaco-based Australian serial AIM entrepreneur David Lenigas has based its estimates of billions of barrels of crude lying under large areas of Green Belt land on the assumption that its Horse Hill well in the Weald Basin has a total oil in place of 159m barrels per square mile.Mr Lenigas's company originally raised a total of £4.3m in cash by placing shares at between 0.3p and 1.2p per share with investors last year.It used part of those funds to increase its holding in the Horse Hill asset. UK Oil & Gas paid a total of £1.68m to increase its holding in the Horse Hill well from 7.5pc to 30pc in three separate deals during the past 12 months.The size of the acreage at Horse Hill was also expanded through buying an adjacent development site which increased the total holding from 99square km to 140 square km.Shares in UK Oil and Gas spiked from about 1.1p to a high of 4.4p before ending the day at 3p following last Thursday's announcement of the oil discovery at Horse Hill. The strong demand for shares caused the value of UK Oil & Gas to more than double from £18m to almost £50m on the day.However, the shares were trading at 2.25p following the clarification about the Horse Hill find.The clarification of its statement last Thursday follows criticism of the companys previous findings by a leading oil and gas expert.Matthew Jurecky, head of oil & gas research and consulting at GlobalData said: "Estimates for 100bn barrels of oil are very misleading. Rarely are formations that homologous where a single discovery can be extrapolated over a very wide area."SAGE
So, its the Weald, and with UKOG &Solo That makes for a very interesting combination.Also, it makes EVO into an even broader spread natural resources company.SAGE
20% lift this morning Anyone know why ?SAGE
Re: Tungsten Interesting to see the option expiry date of the second 10% instalment of the Bodo mine in the Interims RNS as follows:-On 12 February 2015, the Company announced that final contracts had been signed completing the acquisition of the initial 10% interest of BTHL. The Company also has an exclusive option to increase its holding in BTHL to 20% within 60 days by investing a further US$1 million towards mine expansion, subject to certain conditions to be advised. This expires on 11 April 2015.Will we? Wont we?YB
Re: Tungsten Not the RNS I was expecting. Next day or two perhaps.The RNS this morning is not the RNS I was expecting. I was expecting by today, EVO would have taken up the second tranche of their investment in the Brazilian Tungsten mine. YB
Re: Tungsten Just 2 weeks left for EVO to top up their investment into the mine. So news should be imminent.60 business days from 18th December, presumably 5 days a week takes us up to 12th March plus Christmas and New Year breaks, another week say, takes us up to 19th March.YB
News ? .... what's the news today then ? ... have i missed something ?SAGE