Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I refer you all to this statement from Mr Cowan.
'It is my simple aim to drive maximum value from them, whilst also ensuring that if the interest being shown by certain third parties in joint venturing with us matches our own views on value, we will seek to further scale through partnership." IMO View on value clearly weren't matched
He Company is pleased to announce, Mr. Thomas Richardson of Oxford, United Kingdom, has been appointed as a Non-Executive Director effective April 20, 2023. Mr. Richardson will serve until his re-election at the Company's Annual and Special Meeting on May 30th, 2023.
Mr. Richardson has over 20 years of experience across banking and oil and gas. Mr. Richardson is currently Chairman of Fenikso Limited, an Oil & Gas company listed in the UK, where he has been on the board for over 2 years. Mr. Richardson has held various CEO roles including Metallon Corporation Limited, a private pan African Natural Resources and infrastructure investment company and Nice Tech Holdings AG, a private Food Tech company. Mr. Richardson served as CFO of Nostrum Oil & Gas Plc (until 2020) and oversaw the Company's admission to the Premium segment of the London Stock Exchange in 2014. Prior to joining Nostrum in 2011, Mr. Richardson worked for ING, JP Morgan and NM Rothschild covering investment banking, capital markets and credit & rates. Mr. Richardson has a B.Sc in Economics & Politics from the University of Bristol.
The Company welcomes Mr. Richardson to its Board of Directors.
He Company averaged production of 80,000 therms per day in June and has averaged 92,000 therms per day in the first 18 days of July. As of 1st July, the daily hedged volume has reduced to 50,000 therms per day until July 2024 when it reduces further to 21,666 therms per day. As a result, Angus is now producing significantly above the hedged volumes and is benefiting from strong gas prices. It is anticipated that production will be maintained at 90-95,000 therms per day over the next quarter. With current prices and after hedges, the Company generated gas revenue of £1.735 million in June.
43% down to 27% according to this press release.
Prior to the Recent Trading Activity, between March 27, 2023 and June 28, 2023, Anavio converted, in aggregate, 12 units of 2028 Bonds into 29,375,760 Common Shares and sold the resulting Common Shares in the public market. The weighted average price realized for all dispositions of Common Shares by Anavio between March 27, 2023 and June 29, 2023 was GBp 4.28 per Common Share, resulting in aggregate proceeds of c. GBP 1,059,875. Anavio's conversions of Bonds and subsequent sales of Common Shares during the period from March 27, 2023 to June 29, 2023, including the Recent Trading Activity, resulted in Anavio's aggregate ownership interest in the issued and outstanding Common Shares, calculated on a fully-diluted basis, decreasing from approximately 43.0% on March 27, 2023 to approximately 27.1% on June 29, 2023.
Toll free from Canada, North America and anywhere outside of North America: +1 (833) 450-1127 (conference
ID 402 669 431#) think you will need 00 at the front. Hope someone can relay info on here as overseas calls are restricted on my mobile.
regards
Chickster