Research department: Investment recommendations since 3rd July 2016 Current as of 17/09/2019 @08.45 Analyst Date ISIN Company Name Recommendation (1) TP(1) Adam Forsyth 09/09/2019 SG9999011118 SIMEC Atlantis Energy Under Review Under Review Adam Forsyth 06/09/2019 SG9999011118 SIMEC Atlantis Energy Under Review Under Review Adam Forsyth 06/09/2019 US7434651060 ProPhotonix Under Review from HOLD Under Review from 3.6p Adam Forsyth 03/09/2019 CY0106502111 DekelOil BUY 12p Adam Forsyth 28/08/2019 GB00B18S7B29 AFC Energy BUY from Under Review 20p from Under Review Adam Forsyth 27/08/2019 GB00B18S7B29 AFC Energy Under Review Under Review Adam Forsyth 26/07/2019 GB00B18S7B29 AFC Energy Under Review Under Review Adam Forsyth 24/07/2019 CY0106502111 DekelOil BUY 12p from 13p Adam Forsyth 15/07/2019 SG9999011118 SIMEC Atlantis Energy Under Review Under Review Adam Forsyth 10/07/2019 SG9999011118 SIMEC Atlantis Energy Under Review Under Review Adam Forsyth 09/07/2019 CY0106502111 DekelOil BUY 13p Adam Forsyth 04/07/2019 CY0106502111 DekelOil BUY 13p Adam Forsyth 28/06/2019 SG9999011118 SIMEC Atlantis Energy Under Review from BUY Under Review from 84p Adam Forsyth 27/06/2019 GB00BTFR4F17 Windar Photonics BUY 81p Adam Forsyth 27/06/2019 CY0106502111 DekelOil BUY 13p Adam Forsyth 26/06/2019 GB00B18S7B29 AFC Energy Under Review Under Review Adam Forsyth 24/06/2019 GB00B18S7B29 AFC Energy Under Review Under Review Adam Forsyth 14/06/2019 US62847T2024 MYCELX Technologies BUY 221p from 295p Adam Forsyth 20/05/2019 GB00B18S7B29 AFC Energy Under Review Under Review Adam Forsyth 17/05/2019 US7434651060 ProPhotonix HOLD from BUY 3.6p from 10.9 Adam Forsyth 15/05/2019 SG9999011118 SIMEC Atlantis Energy BUY 84p Adam Forsyth 13/05/2019 US62847T2024 MYCELX Technologies BUY 295p Adam Forsyth 18/04/2019 AU0000XINAS1 CAP-XX BUY 15.9p from 17p Adam Forsyth 16/04/2019 GB00B1GDWB47 Plutus Powergen BUY 2.6p Adam Forsyth 12/04/2019 GB00B18S7B29 AFC Energy Under Review from BUY Under Review from 61p Adam Forsyth 09/04/2019 GB00B18S7B29 AFC Energy BUY 61p Adam Forsyth 09/04/2019 CY0106502111 DekelOil BUY 13p Adam Forsyth 09/04/2019 CY0106502111 DekelOil BUY from Under Review 13p from Under Review Adam Forsyth 05/04/2019 GB00B1GDWB47 Good Energy BUY from HOLD 232p from Under Review Adam Forsyth 05/04/2019 CH0110303119 Leclanché Under Review from BUY Under Review from CHF3.4 Adam Forsyth 05/04/2019 US7434651060 ProPhotonix BUY 10.9p Adam Forsyth 03/04/2019 US7434651060 ProPhotonix BUY 10.9p Adam Forsyth 02/04/2019 GB00BTFR4F17 Windar Photonics BUY 81p Adam Forsyth 01/04/2019 SG9999011118 SIMEC Atlantis Energy BUY 84p from 86p Adam Forsyth 19/03/2019 GB00B18S7B29 AFC Energy BUY 61p Adam Forsyth 18/03/2019 FR0012650166 ENGIE Eps BUY €15.50 from €17.0 Adam Forsyth 07/03/2019 US7434651060 ProPhotonix BUY 10.9p Adam Forsyth 06/03/2019 AU0000XINAS1 CAP-XX Under Review from BUY Under Review from 17p Adam Forsyth 06/03/2019 CH0110303119 Leclanché BUY CHF3.4 Adam Forsyth 05/03/2019 GB00B1GDWB47 Good Energy HOLD Under Review Adam Forsyth 01/03/2019 US62847T2024 MYCELX Technologies BUY 295p from 276P Adam Forsyth 14/02/2019 US62847T2024 MYCELX Technologies BUY 276p from 251p Adam Forsyth 12/02/2019 GB00BTFR4F17 Windar Photonics BUY 81p from 128p Adam Forsyth 11/02/2019 SG9999011118 SIMEC Atlantis Energy BUY 86p Adam Forsyth 11/02/2019 GB00BTFR4F17 Windar Photonics BUY Under Review from 128p Adam Forsyth 05/02/2019 AU0000XINAS1 CAP-XX BUY 17p Adam Forsyth 30/01/2019 GB00B1GDWB47 Plutus Powergen BUY 2.6p from 3.4p Adam Forsyth 24/01/2019 CH0110303119 Leclanché BUY CHF3.4 Adam Forsyth 17/01/2019 GB00B18S7B29 AFC Energy BUY 61p Adam Forsyth 10/01/2019 CY0106502111 DekelOil Under Review from HOLD Under Review from 4p Adam Forsyth 19/12/2018 SG9999011118 SIMEC Atlantis Energy BUY 86p Adam Forsyth 12/12/2018 CH0110303119 Leclanché BUY CHF3.4 Adam Forsyth 05/12/2018 SG9999011118 SIMEC Atlantis Energy BUY 86p Adam Forsyth 29/11/2018 US62847T2024 MYCELX Technologies BUY 251p from 201p Adam Forsyth 26/11/2018 SG9999011118 SIMEC Atlantis Energy BUY 86p from 81p Adam Forsyth 23/11/2018 CH0110303119 Leclanché BUY CHF3.4 from CHF2.8 Adam Forsyth 22/11/2018 GB00B1GDWB47 Plutus Powergen BUY 3.4p from 3.6p Adam Forsyth 22/11/2018 SG9999011118 SIMEC Atlantis Energy BUY 81p Adam Forsyth 20/11/2018 SG9999011118 SIMEC Atlantis Energy BUY 81p Adam Forsyth 19/11/2018 CY0106502111 DekelOil HOLD 4p Adam Forsyth 19/11/2018 FR0012650166 ENGIE Eps BUY € 17.0 Adam Forsyth 16/11/2018 FR0012650166 ENGIE Eps BUY € 17.0 Adam Forsyth 16/11/2018 GB00B1GDWB47 Plutus Powergen BUY 3.6p Adam Forsyth 16/11/2018 SG9999011118 SIMEC Atlantis Energy BUY 81p Adam Forsyth 15/11/2018 GB00B18S7B29 AFC Energy BUY 61p Adam Forsyth 12/11/2018 CH0110303119 Leclanché BUY CHF2.8 Adam Forsyth 12/11/2018 US7434651060 ProPhotonix BUY 10.9p Adam Forsyth 06/11/2018 SG9999011118 SIMEC Atlantis Energy BUY 81p from 74p Adam Forsyth 02/11/2018 US7434651060 ProPhotonix BUY 10.9p from 18.4p Adam Forsyth 01/11/2018 GB00B18S7B29 AFC Energy BUY 61p Adam Forsyth 31/10/2018 CY0106502111 DekelOil HOLD 4p Adam Forsyth 25/10/2018 SG9999011118 SIMEC Atlantis Energy BUY 74p from 75p Adam Forsyth 22/10/2018 AU0000XINAS1 CAP-XX BUY 17p Adam Forsyth 22/10/2018 SG9999011118 SIMEC Atlantis Energy BUY 75p Adam Forsyth 17/10/2018 AU0000XINAS1 CAP-XX BUY 17p Adam Forsyth 10/10/2018 CY0106502111 DekelOil HOLD 4p Adam Forsyth 09/10/2018 GB00B1GDWB47 Plutus Powergen BUY 3.6p Adam Forsyth 08/10/2018 AU0000XINAS1 CAP-XX BUY 17p Adam Forsyth 08/10/2018 US62847T2024 MYCELX Technologies BUY 201p from 146p Adam Forsyth 06/10/2018 FR0012650166 ENGIE Eps BUY €17 from €14.3 Adam Forsyth 04/10/2018 FR0012650166 ENGIE Eps BUY €14.3 from €14.6 Adam Forsyth 01/10/2018 CH0110303119 Leclanché BUY CHF2.8 from CHF3.0 Adam Forsyth 26/09/2018 AU0000XINAS1 CAP-XX BUY 17p Adam Forsyth 25/09/2018 GB00BTFR4F17 Windar Photonics BUY 128p from 130p Adam Forsyth 24/09/2018 SG9999011118 SIMEC Atlantis Energy BUY 75p Adam Forsyth 14/09/2018 CY0106502111 DekelOil HOLD from Under Review 4p from Under Review Research department: Investment recommendations since 3rd July 2016 Current as of 17/09/2019 @08.45 Adam Forsyth 13/09/2018 CY0106502111 DekelOil Under Review from BUY Under Review from 19p Adam Forsyth 12/09/2018 CH0110303119 Leclanché BUY CHF3.0 Adam Forsyth 12/09/2018 US62847T2024 MYCELX Technologies BUY 146p Adam Forsyth 06/09/2018 US7434651060 ProPhotonix BUY 18.4p Adam Forsyth 03/09/2018 SG9999011118 SIMEC Atlantis Energy BUY 75p Adam Forsyth 21/08/2018 GB00B18S7B29 AFC Energy BUY 61p Adam Forsyth 21/08/2018 AU0000XINAS1 CAP-XX BUY 17p from 18p Adam Forsyth 21/08/2018 FR0012650166 Electro Power Systems BUY from HOLD €14.6 from €15.3 Adam Forsyth 21/08/2018 CH0110303119 Leclanché BUY CHF3.0 Adam Forsyth 21/08/2018 GB00B1GDWB47 Plutus Powergen BUY 3.6p Adam Forsyth 21/08/2018 SG9999011118 SIMEC Atlantis Energy BUY 75p Adam Forsyth 21/08/2018 GB00BTFR4F17 Windar Photonics BUY 130p Adam Forsyth 13/08/2018 SG9999011118 SIMEC Atlantis Energy BUY 75p Adam Forsyth 10/08/2018 US7434651060 ProPhotonix BUY 18.4p from 23.5p Adam Forsyth 30/07/2018 CY0106502111 DekelOil BUY 19p Adam Forsyth 27/07/2018 CH0110303119 Leclanché BUY from Under Review CHF3.0 from Under Review Adam Forsyth 27/07/2018 US62847T2024 MYCELX Technologies BUY 146p from 125p Adam Forsyth 26/07/2018 GB00B18S7B29 AFC Energy BUY 61p Adam Forsyth 19/07/2018 CY0106502111 DekelOil BUY 19p Adam Forsyth 16/07/2018 GB00B18S7B29 AFC Energy BUY 61p Adam Forsyth 13/07/2018 GB00B18S7B29 AFC Energy BUY 61p Adam Forsyth 11/07/2018 SG9999011118 SIMEC Atlantis Energy BUY 75p Adam Forsyth 29/06/2018 GB00BTFR4F17 Windar Photonics BUY 130p Adam Forsyth 28/06/2018 CY0106502111 DekelOil BUY 19p from 22p Adam Forsyth 28/06/2018 CH0110303119 Leclanché Under Review from HOLD Under Review from CHF2.4 Adam Forsyth 26/06/2018 CY0106502111 DekelOil BUY 22p Adam Forsyth 20/06/2018 AU0000XINAS1 CAP-XX BUY 18p Adam Forsyth 18/06/2018 SG9999011118 SIMEC Atlantis Energy BUY 75p Ashley Kelty/Jack Allardyce 17/05/2019 CA78410A1075 SDX Energy BUY 70p from 77p Ashley Kelty/Jack Allardyce 23/04/2019 CA46989Q1000 Jadestone Energy BUY 103p from 97p Ashley Kelty/Jack Allardyce 18/04/2019 GB00B0CY5V57 Serica Energy BUY 166p from 160p Ashley Kelty/Jack Allardyce 11/04/2019 GB0032087826 Amerisur Resources BUY 27p Ashley Kelty/Jack Allardyce 08/04/2019 CA78410A1075 SDX Energy BUY 77p Ashley Kelty/Jack Allardyce 01/04/2019 GB00B580MF54 Hurricane Energy BUY 96p from 94p Ashley Kelty/Jack Allardyce 28/03/2019 GB00B580MF54 Hurricane Energy BUY 94p from 87p Ashley Kelty/Jack Allardyce 22/03/2019 CA78410A1075 SDX Energy BUY 77p Ashley Kelty/Jack Allardyce 18/03/2019 AU000000RRS3 Range Resources Under review from BUY Under Review from 0.17p Ashley Kelty/Jack Allardyce 14/03/2019 CA46989Q1000 Jadestone Energy BUY 97p from 94p Ashley Kelty/Jack Allardyce 08/03/2019 GB0032087826 Amerisur Resources BUY 27p from 22p Ashley Kelty/Jack Allardyce 21/02/2019 GB00B0CY5V57 Serica Energy BUY 160p from 163p Ashley Kelty/Jack Allardyce 13/02/2019 GB00BYNFCH09 RockRose Energy BUY 1107p from 1080p Ashley Kelty/Jack Allardyce 11/02/2019 CA46989Q1000 Jadestone Energy BUY 94p Ashley Kelty/Jack Allardyce 07/02/2019 CA78410A1075 SDX Energy BUY 77p Ashley Kelty/Jack Allardyce 31/01/2019 AU000000RRS3 Range Resources BUY 0.17p from 0.25p Ashley Kelty/Jack Allardyce 28/01/2019 CA78410A1075 SDX Energy BUY 77p from 79p Ashley Kelty/Jack Allardyce 14/01/2019 CA78410A1075 SDX Energy BUY 79p Ashley Kelty/Jack Allardyce 11/01/2019 GB00BF44KY60 Rose Petroleum BUY 9p Ashley Kelty/Jack Allardyce 21/12/2018