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ROCKHOPPER EXPLORATION

P 11 19 Apr 8.9 10.5 10 9.50 9 8.50 11 Apr 12 Apr 13 Apr 14 Apr 19 Apr

Oil and gas exploration company Rockhopper has signed a legally binding definitive document relating to Harbour exiting and Navitas entering the North Falkland Basin. Peel Hunt analysts reiterated a Hold rating and 11p target price. Transaction completion will be subject to approval from the Falkland Islands government. Navitas will acquire the firm in which Harbour holds all its Falkland Islands licences.

SERABI GOLD 60

P 58 56 54 19 Apr 51 52 50 48 11 Apr 12 Apr 13 Apr 14 Apr 19 Apr

Gold exploration company Serabi has posted first-quarter gold output results that are in line with Peel Hunt estimates. However, guidance for 2022 at the Julia mine was reduced. "In the short term the market will need to adjust to the reduced guidance, but we believe the longer-term potential continues to look strong," Peel Hunt analysts said. Analysts rated the stock Buy, with a 130p target price.

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