Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
OptiBiotix Health plc (AIM: OPTI), a life sciences business developing compounds to tackle obesity, high cholesterol, diabetes and skincare, announces that the University of Reading has provided a grant under the Biotechnology and Biological Science Research Council (BBSRC) to fund a research project on WellBiome®.
The research project will be carried out by the University of Leeds and provides £55,451 to assess the ability of WellBiome®, a new prebiotic and mineral complex recently launched by OptiBiotix, to improve gut health and wellbeing. The grant will investigate WellBiome's® impact on the gut microbiome throughout the digestive tract and add to the existing scientific and clinical evidence. This is anticipated to provide further substantiation of existing health claims in international markets.
Sounds underwhelming and failure to complete tests
Here we go
Something smells wrong here. The gas price was not a problem in the past, and I cant really see how they can improve the price much given how the gas market is structured in T&T.
PB is not saying that the current two well will get back to 60 mmscf/d anytime soon, mostly ducking those questions.
Something is odd.
Hearing to happend on the 6 & 7th Feb 2024
Big take on funding situation
https://twitter.com/ShareCounting83/status/1722238327817167061
Next two weeks will be gold
Its been a great recovery all
Nothing found, time to move on.
Why cant they just give the total revenue number for a period like a normal company.
They have $738m in debt and $391m in cash, not sure what report you are reading.
This contract will open many door, transformational.
Game changer
First US Department of Homeland Security Contract for Biosecurity
Award of $5.9m contract from US Government
Kromek Group plc (AIM: KMK), a leading developer of radiation and bio-detection technology solutions for the advanced imaging and CBRN detection segments, is pleased to announce that it has been awarded a $5.9m contract from the US Department of Homeland Security ("DHS") Countering Weapons of Mass Destruction ("CWMD") Office for the research and development of technologies focusing on an agent agnostic bio-detection system. The contract has been awarded under a four-year programme, which commences immediately, and the Group expects to receive $874k during the first year base period.
Arnab Basu, CEO of Kromek Group, said: "We are pleased to have been awarded this new contract for the research and development of agent agnostic biosecurity technologies, which will build on our existing expertise and technology in the field of automated bio-detection solutions. It is our first biosecurity contract from the Department of Homeland Security and underscores our belief that there are significant market opportunities in this area, as our technologies align well with government biosecurity strategies.
"This programme directly addresses a CWMD Office priority focused on the detection, classification and identification of bioterrorism attacks. Biological threats are an increasing priority for governments, particularly in light of the pandemic. The output of the programme is aimed at providing increased capability to detect and identify biological threats in response to the operational needs of the Department of Homeland Security and will be an important step in making the world safer from the threat of bioterrorism and other biological threats."
Officemanager, the important part that they sign a LOI with a well planning firm? I guess any well planning firm signs a LOI with anyone who pays them, not a big achievement in my view.
61.4m new warrants share hitting the market, selling pressure grande!
9.8m shares placed at 2.05p
From the going concern statement, if diamond prices dosent bounced, they are toast.
"However, if the actions taken by the producers to curtail supply and
the recently announced Indian diamond import moratorium do not
result in inventories re-balancing, further extending softer pricing
into CY 2024, and the levers in Management’s control do not fully
cure potential liquidity covenant breaches, additional working capital
funding would be required (subject to our lender’s credit approval
processes). These factors indicate material uncertainties which may
cast significant doubt on the Group’s ability to continue as a going
concern and therefore it may be unable to realise its assets and
discharge its liabilities in the normal course of business. The Financial
Statements do not include the adjustments that would result if the
Group were unable to continue as a going concern"
£150m firm placing at 30p per share
The share is dropping like a stone, placing coming?
Looks like demand for natural diamond is reaching new lows.
https://www.londonstockexchange.com/news-article/AAL/de-beers-rough-diamond-sales-cycle-8-2023/16153508
Anglo American rough diamond sales value for De Beers' eighth sales cycle of 2023
Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers' eighth sales cycle of 2023, amounting to $200 million.
Cycle 7 2023(2)
The provisional rough diamond sales figure quoted for Cycle 8 represents the expected sales value for the period 18 September and 3 October and remains subject to adjustment based on final completed sales.
Al Cook, CEO of De Beers, said: "De Beers reduced its rough diamond availability and made sales of $200 million as the industry's midstream rebalances certain areas of stock accumulation. De Beers will continue to support its Sightholders to help re-establish equilibrium between wholesale supply and demand by providing full flexibility for rough diamond allocations in Sights 9 and 10 of 2023, suspending De Beers Group online rough diamond auctions for the remainder of 2023, and investing an additional $20 million in natural diamond marketing to help drive consumer demand during the holiday season."