Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Hi DB
Hopefully have covered most of the bases, just away to log on and post the questions.
The big thing at the moment for me is the number of positions we are advertising for, the three that are currently on Indeed and presumably the other position of second shift production supervisor which must have been filled.
Your 20p (£10) for 23 may still have legs lol
Very interesting times ahead.
ATB
AJP
WOW
Now 3 positions being advertised all stated as urgently required !!!!
https://www.indeed.com/q-itaconix-corporation-l-stratham,-nh-jobs.html?vjk=e7057f15bc7e0e90
Production operator - weekends as required
Customer Operations Manager
Executive Assistant.
So looking forward to tomorrow's RNS
ATB
AJP
Hi W
That is the $64 million dollar question.
I honestly think that we are in the best place we have ever been here as regards ITX.
Continuing to break records as regards revenues, getting ever closer to breakeven.
Taking on more staff, improving awareness digitally, constantly increasing raw material imports, and lots more.
Hopefully tomorrow will signal a total change in investor confidence in ITX and see us start tho move the SP significantly North of where we are currently.
Circa £24,5 million MC is ridiculously low in my opinion.
Let's see what tomorrow brings, may be some buying going into the close?
AIMHO
ATB
AJP
Things must be moving at a pace now?
Executive Assistant position urgently requires filled
https://www.indeed.com/q-itaconix-corporation-l-stratham,-nh-jobs.html?vjk=e7057f15bc7e0e90
ATB
AJP
Hi S
Remember update first thing tomorrow morning.
A few question I have formulated for tomorrow, dependant on what the update contains, as some of them may be covered by the RNS.
1) There has been a position advertised for a “Second Shift Production Supervisor” at ITX (urgently required), is this to cope with increased production requirements or to fill a position which is being vacated, as a matter of interest what is our operational production hours (are we talking 6.00am Monday till 18.00 pm on Friday?) https://www.indeed.com/q-itaconix-corporation-l-stratham,-nh-jobs.html?vjk=2974f23d38daf414
2) Are there any other new positions which have been filled in the last few months that you can advise us on and are there any more likely to be required in the near future?
3) We have seen an increase the digital presence on the internet, what has been the response to this if any?
4) The consolidation was done to facilitate increased activity in the US
“The Directors consider that it is in the best interests of the Company's long-term development as a public quoted company to support share trading through the Company's US OTC listing, with a more manageable number of issued ordinary shares and corresponding share price.”
Can you advise what has been done since the consolidation to facilitate both an uptick in the SP and a significant uptick in shares being traded by our fellow US investors?
How is this potential being targeted?
5) Itaconix was a project partner in a funded grant looking into
New Branched Polymers Excipients and Emulsions for Enhanced Drug Delivery
Project Partners:
Clinton Health Access Initiative CHAI Itaconix (UK) Limited Medicines Patent Pool
https://gow.epsrc.ukri.org/NGBOViewGrant.aspx?GrantRef=EP/R024804/1
Can you advise on this and if there are any potential future commercial advantages to this research?
6) New IP since last presentation
Asymmetric And Symmetric Monomer Mixtures Of Esters Of Itaconic Acid And Corresponding Copolymers
Can you elaborate on commercial implications?
7) It is now 6/7 months since the circa £10 million was raised, can you summarise what this meant to the company and how it has been used to improve our overall performance/profitability?
8) When will VELAFRESH™ SAP80 and VELASOFT™ BR 300 be launched?
Can you update us on both of these ingredients please and their commercial potential?
What is happening with sustainable Superabsorbents (trial Feb 2022) ?
What is happening with sustainable fashion (first order Dec 2021) ?
9) Additional partners
Canaccord has states that possibly 2 partners to be announced this year 1 for composites and 1 in Hygiene. Can you update us on this please?
ATB
AJP
Hi S
I think from the chemical aspect that ITX is an excellent fit as it removes some of the more nastier petrochemical ingredients, but on the biodegradable issue, I think that this may be down to the actual material used in the fabric of the wipe.
https://ireadlabelsforyou.com/hidden-ingredients-in-baby-wipes-and-the-best-baby-wipes/
I am sure that if ITX ingredients are matched up with a more readily biodegradable composition, then we would be on to a winner.
Who is to say that this is not already being worked on?
Maybe worth adding this as a question for Tuesday?
ATB
AJP
Hi Thordon
Think this might be the one you found.
https://www.easycoop.com/coop-salviette-intime-lenitive-15-pz-4512298.html
ATB
AJP
Posted a link a few days ago, but when I went back to review it, it was blank
This research has just come to an end 30the June 2023
https://gow.epsrc.ukri.org/NGBOViewGrant.aspx?GrantRef=EP/R024804/1
Any thoughts?
EPSRC Reference: EP/R024804/1
Title: New Branched Polymers Excipients and Emulsions for Enhanced Drug Delivery
Principal Investigator: Owen, Professor A
Other Investigators:
Giardiello, Dr M Siccardi, Dr MM Khoo, Professor S
Rannard, Professor S
Researcher Co-Investigators:
Project Partners:
Clinton Health Access Initiative CHAI Itaconix (UK) Limited Medicines Patent Pool
Department: Institute of Translational Medicine
Organisation: University of Liverpool
Scheme: Standard Research
Starts: 01 July 2018 Ends: 30 June 2023 Value (£): 1,728,068
EPSRC Research Topic Classifications:
Drug Formulation & Delivery Materials Synthesis & Growth
EPSRC Industrial Sector Classifications:
Healthcare Pharmaceuticals and Biotechnology
Related Grants:
Panel History:
Panel Date Panel Name Outcome
15 Feb 2018 HIPs 2017 and IRC Next Steps Plus Panel Announced
ATB
AJP
Hi
Did anyone pick this one up?
Global Director Cleaning & Hygiene , last 9 months
https://uk.linkedin.com/in/jim-gordon-85a51a29
ATB
AJP
Hi
Excellent time for all those who have been having a moan of late to get their questions answered.
looking forward to the update, should be plenty of positive news too impart to us.
ATB
AJP
Hi Thordon
The number of hair related products appears to be expanding very quickly?
Also across Europe and Asia as well.
Should be news out this week, now that Labour day is past.
A few more that I have come across
https://us.lookfantastic.com/white-hot-infinity-mousse-5.07-fl.-oz/14301024.html
https://natureclean.ca/products/laundry-detergent-pacs-fragrance-free
https://www.revolutionbeauty.com.au/revolution-beauty-planet-revolution-clear-care-eye-fix/13463815.html
https://nuestapets.com/products/eliminator-2-pack-natural-pet-stain-and-odor-eliminator-2-pack/
https://furryplanet.com.sg/products/puracy-pet-stain-odor-remover-cucumber-mint-739ml
https://usbaz.com/products/pet-life-unlimited-carpet-refresher-for-dog-cat-all-pet-homes-juniper-leaf-16oz
https://www.ecco-verde.co.uk/maternatura/wild-pansy-volumising-hair-styling-mousse
https://www.sheamoisture.com/coconut-and-hibiscus-defining-styling-gel-15-oz/764302020660/
https://fekkai.com/products/natural-shea-butter-defining-gel-curl-memory
https://www.organicmilano.com/en/product/hair-pump-mousse-hair-curly-reinforcing-200-ml-anarkhia-bio-new/
https://maternatura.it/en/products/crema-fissante-piega-noci-di-macadamia
https://takekhairbeauty.com/products/shea-moisture-jamaican-black-castor-oil-strong-hold-styling-gel
ATB
AJP
Just for info
https://www.altfuelchem.org/2023-afcc-track-3-session-det
Tuesday, November 14, 2023 Session 5
https://www.altfuelchem.org/advisory-board
ATB
AJP
Hi Thordon
Worth a read
https://gtr.ukri.org/project/5A517421-4303-4355-902D-77C82814B98E
ATB
AJP
Hi DB
Good to hear from you, take it you have been busy?
Think that they may be looking to do 6.00 am on a Monday till 6.00 pm on a Friday?
5 day shifts and 4 night shifts?
Cannot believe we are still seeing some selling at circa 3.6p in old money, but maybe needs must, or trying to be smart?
The next update in a week or so should be very interesting, just waiting for another large shipment of Itaconic acid to be delivered, which should also add to our assumptions that production is ramping upwards, 14 weeks between the last deliveries and we are at 8 weeks now, so lets see when this arrives.
ATB
AJP
Hi S
Also from LinkedIn
Itaconix Corporation is the world leader in polymers from itaconic acid. We produce polymers that achieve three essential objectives — safety, performance, and sustainability.
Combining the versatile chemistry of itaconic acid with our breakthrough economics, we have rapidly advanced through well-staged development of our proprietary, commercially-proven technology to build a deep pipeline of polymers that compete on unique functionality and cost advantages in home care, personal care, industrial, geotechnical, agricultural, and surface coating applications.
Our polymers are used in a growing number of consumer and industrial products to reduce cost, improve performance, and reduce impact on the environment. We make polymers for better living.
Extending into further areas?
in home care, personal care, industrial, geotechnical, agricultural, and surface coating applications
ATB
AJP
Hi F
Cheers
Totally, I think there is much for us to be looking forward to.
Far too much negativity being bandied about since the consolidation, that is why I only try and post factual information, and not supposition, does make you wander what the motives of some are?
Not long till the half year results and an extensive update.
ATB
AJP
Tried the link I had used previously, but does not appear to work.
This one should do the job (pun intended) lol
https://www.indeed.com/viewjob?jk=2974f23d38daf414
States night shift?
Possibility of moving to a 24 hr operation Thordon?
Thoughts
ATB
AJP
We must be getting much busier?
https://www.glassdoor.com/job-listing/second-shift-production-supervisor-itaconix-corporation-JV_IC1147764_KO0,34_KE35,55.htm?jl=1008802234540
ATB
AJP
Is this a new position?
Bill McClure's Post - Itaconix, BATM, ValiRx
LinkedIn
https://www.linkedin.com › posts › bill-mcclure-117350...
I'm happy to share that I'm starting a new position as Director of Communications at Itaconix Corporation! ... After a reorg, I'm in the job market for the first ...
https://www.linkedin.com/posts/bill-mcclure-1173501_three-quick-facts-itaconix-batm-valirx-activity-7072252928027189248-qFh7
ATB
AJP
From Linked IN
What if farming only used bio-based feedstocks that offered superior performance, were safer and promoted #carbondioxideremoval?
Itaconix summer associate Isabelle Mann investigates agricultural applications of our technology platform.
Itaconix: revolutionary materials power revolutionary change.
#greenchemistry #sustainablechemistry #novelmaterials #saferchemistry
#biogenicCarbon
Always looking to increase our market spread.
Is this the start of us improving our expertise/visibility with more recent posts?
Do not have access to twitter (X) but guess there will be increase activity there?
ATB
AJP