Wildcat Petroleum
WCAT · Main Market · Energy · mcap £2.4m · 0.1p 3 open situations →
- EV
- –
- EV / EBIT
- –
- Net cash
- –
- FCF yield
- –
- Revenue
- –
- Share price 1y
- −24%
- Insiders 12m
- bought £3k
- Next report
- around 30 Mar
Open · 3
Pivot to African gold processing
The pivot to African gold processing was announced on 20 Feb 2026 and approved by shareholders on 31 Mar 2026, with no binding agreements. The 22 Oct 2026 newsletter adds Dr Madani Diallo (Executive Director) and James Knowles (Senior Independent NED) to the Board and sets out a screening, evaluation and procurement process. Sudan remains part of the focus. No project or funding is named.
- Board additions
- Dr Madani Diallo (Executive Director); James Knowles (Senior Independent Non-Executive Director) 22 Oct 2026 ↗
- Approach
- Source, evaluate and procure African gold projects, with an emphasis on gold processing 22 Oct 2026 ↗
- Geography
- Sudan remains part of the previously announced African focus 22 Oct 2026 ↗
- Commitments
- Any commitment subject to due diligence, approvals and funding; no project named 22 Oct 2026 ↗
Next: Source and evaluate projects; announcements as developments occur
- 22 Oct 2026 Board strengthened; no project secured
- 31 Mar 2026 Approved by shareholders; no binding agreements
- 20 Feb 2026 Review done; no binding agreements
Main Market delisting to Aquis
Led to Fundraise before end March – Still unraised; tied to Aquis admission
Shareholders approved leaving the Main Market for Aquis in March 2026, and on 3 Aug 2026 a provisional timetable targeted admission on 1 September. The 22 Oct 2026 newsletter says the move has been delayed to Q4 2026. The company intends to begin the transfer process.
- Previous target
- Admission to Aquis targeted for 1 September 2026 (provisional timetable, 3 Aug 2026) 22 Oct 2026 ↗
- New timing
- Expected to complete in the fourth quarter of 2026 22 Oct 2026 ↗
- Next milestone
- Company intends to begin the transfer process; further announcements in due course 22 Oct 2026 ↗
Next: Begin transfer process; Aquis admission expected Q4 2026
- 22 Oct 2026 Delayed; admission now expected Q4 2026
- 3 Aug 2026 Provisional timetable set; admission targeted 1 September
- 18 Jun 2026 Admission still pending; governance changes tied to it
- 31 Mar 2026 Shareholders approved; Aquis admission pending
Fundraise before end March
Follows from Main Market delisting to Aquis – Delayed; admission now expected Q4 2026
- 3 Aug 2026 Still unraised; tied to Aquis admission
- 18 Jun 2026 Still deferred; further raises expected
- 31 Mar 2026 Replaced by £30k Chairman loan; raise deferred
- 20 Feb 2026 Planned, no terms
Closed · 1
Company filings. Not investment advice.