So the IPO has been successful with Sabien leading the way!
Exciting newsflow to follow?
'UK-based Aeristech, a developer of high-speed electric motor and controller technology (earlier post), closed a £5.15-million (US$7-million) private funding round led by investors Sabien Technology, Vela Technologies and SAIC Venture Capital, the venture capital arm of China-based automaker SAIC Motor.
The funding round will supercharge the company’s investment in its development of e-boost technologies for hydrogen fuel-cell, hybrid-electric and internal combustion engine powertrains utilizing its patented technology. This includes expanding the company’s skilled engineering and design talent, adding new test cells and investing in the next generation of R&D.
Aeristech’s key invention so far is a new form of control architecture for permanent magnet variable-speed electric motors. The patented system allows motors to accelerate to 160,000 rpm in less than a second.
The technology also generates less heat than competitive products, allowing the delivery of products with higher efficiency, greater power density and continuous running at high power.
Aeristech can thus deliver electric motors that are smaller, lighter and faster accelerating than its competitors. The resulting high performance and efficiency means Aeristech’s technologies can play a significant role in powering innovative low-carbon transportation solutions.
The company has recently announced partnerships with leading aerospace innovators ZeroAvia and GKN Aerospace, with both companies working with Aeristech on the development of new low-carbon hydrogen-electric powertrains for aviation, a sector where power density is crucial. '
RE: This will need sorting firstly.20 Apr 2021 12:59
Announced on 14/04 :
'FIRST DELIVERY FROM BLYVOOR GOLD STREAM: The Company has received its first gold delivery from the Blyvoor gold mine, located in Carletonville, South Africa ("Blyvoor Gold Mine"). Following the first gold shipment at the Blyvoor Gold Mine, mining activities were temporarily suspended as the result of an unlawful blockade at the mine entrance by members of a local union. On April 8, 2021, the high court ruled in favour of Blyvoor Gold Capital (PTY) Ltd. ("Blyvoor") and determined the blockade to be unlawful. As of April 12, 2021, Blyvoor has re-commenced operations and production ramp up activities are ongoing again.
Pending full restart, the Blyvoor Gold Mine will be fully operational and additional deliveries will be expected at regular intervals as the mine ramps up to full production capacity. Activities on site will be focused on opening new panels on deeper levels, augmenting monthly ore throughput and optimizing the current operation, with commercial production anticipated by the end of 2021 at which time Nomad will be providing guidance to investors in respect to deliveries under its gold stream. Safety remains a top priority for all stakeholders and as such the Blyvoor Gold Mine has implemented robust safety standards and strict working procedures. A technical report in connection with the Blyvoor Gold Mine mineral resource is expected to be completed in the second quarter of 2021.'
They think the two Bonanza intersected are linked?
'The presence of visible, Bonanza grade gold, combined with the similarity in geology and position, being 200 metres apart, both in a deformation zone, leads Landore to believe that there is a high possibility of continuity between, and continuing beyond, the above two bonanza occurrences.'
RE: 12 week pilot nearly finished GLA16 Apr 2021 08:01
All well and good:
'Prenetics, which supports a range of industries with testing and digital health passports, has been asked by venues if it can provide its technology for pilot events, which it will do if required and free of charge.
'There is a real place for private companies to play a role [in a wider roll-out],' said Lasarow.
If no central system is established, companies could become government-approved providers in the same way they have for testing for cornavirus.'
Just how are they going to monetise the service if others are free?
The one constant throughout the 'tests/trials' is that none of them generated revenue.
So with roughly 15m shares in issue £1 SP = 15m mcap
Possible to do many multiples if they can deliver on what they are targeting.
Excerpts from Richard Paris :
'I look forward to an exciting growth phase over the medium term, both organically and through acquisitions.'
'Recognising the momentum within its core business and in related areas of potential expansion, the Board is assessing further opportunities with which to deliver its wider CO2 reduction strategy at the point of consumption and looks forward to updating shareholders in due course.'
'The Board remains confident in the future success of the Sabien business. We have weathered the storm of 2020, emerging more focused strategically and better able to enact our strategy. The Board expects that the ongoing development and successful implementation of this strategy will provide the basis for a broad-based evolution of revenue and profitability, securing the future of the Group and rewarding shareholders.'
I am confused by the statement from the CEO re lack of revenue/contracts :
' Whilst receiving positive feedback, to date our platform has not generated any material revenues for the Company due to high levels of uncertainty caused by government-imposed lockdowns to control the pandemic.'
Surely the reason the platform is needed is because of the lockdown/pandemic?