GreenRoc now on the EU radar after presentation on Amitsoq at the Greenland Business Mission. Watch the interview here.
News could be with us soon
More likely more sitting on cash pile
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Three days trading left .
Then Christmas Cracker here we come
Possibly , maybe
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Spread: 1.00 (1,000.00%)
Well done ISDX
Outstanding Spread
The race against the clock is ticking .
New Co Ahoy , hopefully
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Great news comes by Christmas .
Hopefully this temporary suspension .Next week
Will give the Market time to re-rate IIP into a Pristine Structure
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Through the course of 2023, MPL will look to deepen its engagement with existing lenders on the one side and new and existing customers for incremental volumes on the other side. The focus will be to diversify its product / commodity mix towards container and liquid business, delivering enhanced and growing revenues through its container business.
If this could be achieved today`s SP will be long term
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Next leg up soon as next news arrives.
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Adding to our success in the downstream market this year, the Company recently secured a project for complex wastewater treatment leveraging our REGEN product in the process system that has a minimum value of $1.0 million in 2023. This market continues to grow as we have broadened and enhanced our offerings. Our position as the best available technology for these complex wastewater streams has been confirmed by our successful treatment where all other competitors have failed. In one of our latest projects, our technology has been so effective that the wastewater treated can then be discharged to irrigation systems. This positions us well as regulations become stricter and markets look for more sustainable reuse options for industrial water. We are now poised to garner higher quality projects where our technology and experience are significant differentiators.
Pleasing news today , on the road to becoming a real company in the future if the PFA trials are also a success.
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Not a lot has changed . Good to see ya back
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Financial performance
· As at 30 September 2022, the value of the Group's investments was £194.1 million (£168.7 million as at 31 March 2022; £263.1 million as at 30 September 2021). The value increased against the previous period as a result of foreign exchange rates, principally GBP:USD. The comparable rates were GBP:USD 1.12 as at 30 September 2022 against GBP:USD 1.31 as at 31 March 2022.
· Net liabilities were £85.7 million as at 30 September 2022 (net liabilities of £46.8 million as at 31 March 2022 and net assets of £72.1 million as at 30 September 2021). The value increased against the previous period due to the effect of changes in foreign exchange rates on the Group's borrowings, which are primarily USD denominated.
· As announced in the annual results on 21 December 2022, the net liability position is based on agreed preliminary terms with a third party and the ascribed net minimum consideration for IIP's largest holding, Distribution Logistics Infrastructure Limited ("DLI"). The proposed transaction is structured in two parts, with a deferred consideration - not included in the valuation - which the Directors expect to have a positive impact on net assets in due course. The Board will be making further announcements as and when appropriate.
Ie yesterday
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Revenue achieved during the year 2022 was £4.8 Mn. That momentum has continued with Q1 CY2023 revenue being £1.6 Mn, a more than double the £0.77 Mn for Q1 of 2022.
£9 million plus revenue expected ++
Oodles more to come from this perennial underperformer
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The Transaction comprises a share swap and upfront cash consideration.
Therefore all debts are rolled into the new Co .
£8 million cash
One third of new Co ( value one third £1 million )
IHDC £18 million
IEL £4 million
Shree £28 million
Other assets still on book ( unknowns ) .
Total £59 million .
Actual £48 or 7p per share
Well done Sonny
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We wait for further Intrigue
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Well done Mr Parsnip .
Outstanding choice of share also
100% again
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