This week: Craneware gets a lift, broadening the Range, Scancell more than just skin deep and poppy the Coolabi cat
African Aura Mining (LON:AAAM) (AAAM 167.25p / £143.61m)
The iron and gold exploration and development Company announced the detailed geological intercepts of its iron ore project at Nkout, Southern Cameroon. The Company completed its 4,191m core drilling programme on the Nkout property. The drilling confirms the occurrence of an east – west trending and concordant magnetite bearing bonded iron formation. Drilling has focused on the Nkout centre, making up 3km of the 20km licensed area. The extensions east and west will be part of a more aggressive drilling campaign in 2011. This should allow the pending resource estimate to increase and the resource category to be upgraded. These excellent drill results combined with the successful testing, bodes very well for the potential of the Nkout region.
Caza (LON:CAZA) Oil and Gas (CAZA 50p / £76.99m)
Keep an eye on Caza who will report drilling results from its Windham prospect in Texas by the end of February.
Coolabi (LON:COO) (COO 6p / £3.33m)
We write on this AIM listed company, focussed on the ownership and creative management of intellectual property assets, for the first time on news that they have signed four new licensing deals for its Poppy Cat TV series, which is to debut on Nick Jr in Spring 2011. Poppy Cat is a 52 episode series and the result of a co-production with King Rollo films, which animates the Macmillan book series that has sold over 2m copies worldwide. The licensing deals include book publishing for a new series of books by Macmillan, a magazine publishing deal with Redan Publishing to feature the stories in their magazines, a deal with Aykroyd and TDP Licensing to create nightwear merchandise and a contract with Jumbo Games to produce Jigsaws. Coolabi has a number of other brands under its umbrella that include Scarlett & Crimson, Purple Ronnie, and Bagpuss, The Clangers & Ivor The Engine, and whilst the last set of interim results (6 months to 30 June 2010) were a little disappointing we appreciate the efforts being made to drive this company forwards. We appreciate the pro-active approach to building the Poppy Cat brand, and we look forward to observing the response once…
