Phillip Securities Upgrades PTT Exploration and Production to Buy from Accumulate; Price Target is THB40

Natural Gas Rises on Cooling Long-Term Forecasts

Natural gas traded higher early Monday as long-term forecasts see cooler weather coming for most states, adding some unseasonal heating demand.Gas for May delivery was last seen up $0.04 to US$2.72 per million British thermal units.The rise comes as long-term forecasts from the National Weather Service see most states between the Rocky Mountains and the Mississippi River with cooler than seasonal temperatures over its six to 10 day outlook while near-term forecasts are also cool, adding some heating demand for the fuel."The weather data trended colder across the Midwest and Northeast going back to last week. This made the pattern not as bearish as national demand increases to seasonal April 25-May 2 and likely aided gains late last week and to open the new trading week," NatGasWeather noted.

Banyan Gold Announcing $46.5 Million Private Placement

E3 Lithium to Begin Phase Two Operations of Demonstration Facility for Clearwater Project

E3 Lithium (ETL.V) said Monday that it is ready to commence phase-two operations at its demonstration facility for the Clearwater project in Alberta after completing well development and pump installation.The company said data collected from the phase-two operations will be used to complete a feasibility study on Clearwater.Under phase two, E3 said it aims to complete a reservoir production test to further delineate flow through the Leduc Reservoir and to collect water and gas chemistry data.E3 said it has submitted a Directive 51 application after completing the wells. After receiving the license, the site will begin operations, which are expected to run for 8-12 weeks before moving to phase three.Phase three of the demo will produce nearly 100 tonnes per year of lithium carbonate equivalent in lithium chloride. The company said it plans to use the material to advance offtake discussions.E3 said the demo is crucial for the development of the Clearwater project, which will produce 12,000 tonnes per year of lithium carbonate in the first phase.