11 May 2012 Phytopharm plc Update on Preclinical Study of Myogane™ in Glaucoma Phytopharm plc (PYM: London Stock Exchange) ("Phytopharm" or the "Company") today announces that a study in an animal model of glaucoma was inconclusive. The study did not yield a valid result because of a failure to induce sufficient neuronal cell death in both treatment and control groups. The study was designed to evaluate the neuroprotective effects of treatment with Myogane™ in an established model of glaucoma. In this model intraocular pressure is elevated in order to induce neuronal cell loss in the retina, which is characteristic in glaucoma. The endpoint was a comparative measurement of neuronal cell loss, an accepted marker of disease. However, the extent of induced neuronal cell loss was much less than anticipated (from literature precedent) in both treatment and control groups. While there were some indications of a neuroprotective effect following Myogane™ treatment, it is not possible to draw definitive conclusions because of the limited neurodegeneration in the control group. Pharmacokinetic evaluation indicated that levels of Myogane™ in the plasma were broadly in line with that expected from previous studies and that Myogane™ was present in the retina. Previous in vitro studies have demonstrated that Myogane™ is protective of retinal ganglion cells, the neuronal cells which degenerate in glaucoma. This study was performed with the financial support of the UK Technology Strategy Board. Dr Pamela Ko, from the Biological Test Centre, Irvine California, who was the scientist leading the study, said "The increase in intraocular pressure in the current study was similar to other studies which also demonstrated significant neuronal damage. Therefore, it is disappointing that greater neuronal damage was not observed in the current study." Mr Tim Sharpington, CEO, Phytopharm, said, "It is disappointing that this study did not produce a definitive result which would have given us further insight into the potential of Myogane™ in glaucoma. We will analyse the results from this study in consultation with our scientific advisors before deciding on the next steps for this programme. "
rns no reason for the rise coming run for the hill
rising without news
why is this rising no news
http://tools.morningstar.co.uk/uk/stockreport/default.aspx?tab=4&vw=bs&SecurityToken=0P00007OSG]3]0]E0WWE$$ALL&Id=0P00007OSG&ClientFund=0&CurrencyId=GBP
Going back up
in auction now
On the way
Pursuit Dynamics PLC Response to Press Comment RNS Number : 5476K Pursuit Dynamics PLC 22 August 2012  22 August 2012 Pursuit Dynamics plc ("PDX" or the "Company") Response to Press Comment The Board of Pursuit Dynamics plc (AIM:PDX), the developer of the PDX® Reactor and PDX® Atomiser products and technology, notes recent press speculation. As the Company said on 28 June 2012 in an update on its strategic review, a number of strategies are available to the Company for funding its growth. The Board continues to explore a range of options and will provide updates as appropriate. In the meantime the Company continues to work on building its sales pipeline in its Brewing Food and Beverage Line of Business (LOB) and in its Public Health & Safety LOB it expects to launch its M800 mobile disinfection unit into the market during September.
UK is in a bloody mess at the moment all the companies are going bankrupt soon everyone will be on the dough
SALE OF INTEREST IN LOCAL PARTNER, ZAMBALES DSO AGREEMENT AND CHROMITE MINING AGREEMENT 6 June 2012 - ENK plc ("ENK" or the "Company") (AIM, PLUS, ASX: ENK) is pleased to announce that its local partner and 60% per cent owner of the Zambales Project, Montemina Resources Corporation ('MRC'), has entered into an agreement with Philippine company, Golden Harvest Global Corporation ('GHGC') wherein GHGC will acquire a 60% interest in MRC for total consideration of US$11,000,000. Payment terms for the sale are: · $2 million upon signing, · $2 million by no later than 15 August 2012, · $2 million by no later than 15 November 2012, and · $5 million linked to DSO revenues from the Zambales tenement (see below), but in any event, payable no later than the second anniversary of signing. The proceeds will be used by MRC to repay loans from members of the ENK group which will result in all of the funds (less taxes and costs) being available for use by ENK. These funds, together with the proceeds from the sale of the Company's interest in Berong Nickel Corporation and Toledo Mining Corporation of $7.25 million, announced on 8 May 2012, will further increase the Company's cash balance of $33.1 million as of 30 April 2012 and will ensure that the Company has a strong balance sheet whilst negotiating project finance terms for Acoje following the publication of the Bankable Feasibility Study. GHGC has also entered into a Mining Agreement with Zambales Chromite Mining Corporation, owner of the Zambales tenement, situated approximately 5 kilometres north of the Acoje tenement on the island of Luzon, Philippines. This agreement provides for the mining of nickel laterite ore for Direct Ship Operations ('DSO') on the basis that GHGC provides all mining equipment, capital, labour, trucking, marketing and port facilities in return for a 50% profit share of ore sales. DSO will commence once Zambales and GHGC obtain the required permits for this operation. In addition to the above agreements, GHGC has entered into an Exploration Services Agreement ('ESA') with Zambales Diversified Metals Corporation ('ZDMC'), holder of the Acoje tenement and a subsidiary of ENK, for the exploration of chromite and other underground minerals on the Acoje tenement. The ESA is for a period of 2 years with annual options to extend thereafter, subject to minimum performance requirements and payment of advance royalties. If a decision to develop the chromite or other underground minerals is made by GHGC then ZDMC has, at its option, the ability to require payment of US$20,000,000 to enable GHGC to acquire 100% of the rights to these minerals, or, to elect to have a free carry for ZDMC for a 20% interest in this project. In the event the lump sum payment is chosen, mining royalties at a rate to be agreed, will also be payable to ZDMC. Golden Harvest Global Corporation is a Filipino company registe
Alot of peeps don't know about this share it is a gem lol
SALE OF INTEREST IN BERONG NICKEL CORPORATION 4 July 2012 - ENK plc ("ENK" or the "Company") (AIM, PLUS, ASX: ENK) is pleased to advise that, in accordance with the terms of the Berong Nickel Corporation Shareholders Agreement ('SA'), Toledo Mining Corporation plc ('Toledo') has exercised its pre-emptive rights in respect of the sale of ENK's 18.7% interest in Berong Nickel Corporation ('BNC'). The other shareholder of BNC, Atlas Consolidated Mining Corporation did not exercise its pre-emptive rights in accordance with the SA. In accordance with the terms of the SA, the Company has received a non-refundable deposit from Toledo of US$655,200, being 10% of the purchase price of ENK's BNC interest. The balance of the US$6,552,000 purchase price, being US$5,896,800, is due by no later than 30 December 2012.
Bargain buy at the moment
The Company has US$30 million in cash, another US$11 million receivable over the next 5 months.
ENK PLC Approach from Potential Acquiror RNS Number : 6966I ENK PLC 27 July 2012  APPROACH FROM POTENTIAL ACQUIROR 27 July 2012 - ENK plc ("ENK" or the "Company") (AIM, PLUS, ASX: ENK) makes the following announcement with respect to potential corporate activity involving the Company. The Company has received an approach that may or may not lead to an offer being made for all of the issued and to be issued share capital of the Company. Discussions are at an early stage and there can be no guarantee that a formal takeover offer will be made. With the closing mid-market share price on 26 July 2012 of 13.75 pence (A$0.207), and a net asset value of 28.0 pence per share (A$0.42), the company believes any offer would need to be at a significant premium in order to recognise the full value of the company's assets and significant technological expertise. The Company has US$30 million in cash, another US$11 million receivable over the next 5 months and is presently finalising the Bankable Feasibility Study on its Acoje project. The Company's Update and Quarterly Activities report released to the market on 26 July 2012 contains a full summary of the status of its assets and projects. In the event that an offer is made the Company has confirmed with the Panel on Takeovers and Mergers that the UK Takeover Code does not currently apply to the Company. Regardless, the Company has urged the interested party to follow the UK Takeover Code as much as practicable in order to ensure an orderly process. Further updates will be made as appropriate. For further information on the Company please see www.enk.co.uk. Yours faithfully, Robert G M Gregory Managing Director
http://www.investegate.co.uk/Article.aspx?id=201207300700097727I
Enk are in a strong negotiating position with enough cash in the bank to develop this project.
http://www.enickel.co.uk/files/1513/4060/0319/Annual_Report_2012.pdf