JSW: arrangements for the reactivation of Dębieńska in a few weeks
FEBRUARY 12, 2018
We are currently having one meeting with Prairie Mining, during which we started a dialogue on potential cooperation regarding the Dębieńsko mine - said Daniel Ozon. As the president of Jastrzębska Sp�łka Węglowa added, the possible construction-restoration project of the mine has nothing to do with the planned increase in production from 15 to 18 million tons of coal.
- We are currently having one meeting with Prairie Mining, during which we started a dialogue on potential cooperation regarding the Dębieńsko mine - said Daniel Ozon. As the president of Jastrzębska Sp�łka Węglowa added, the possible construction-restoration project of the mine has nothing to do with the planned increase in production from 15 to 18 million tons of coal.
The meeting concerned the reactivation plans for the Dębieńsko mine in Czerwionka-Leszczyn, which carried out mining until 2000. Then, in 2006, the plant was bought by the Czech company NWR, which had plans to reactivate
the mine. The Czechs were granted a mining license for 50 years, according to which they were to commence extraction until the end of 2018. Nothing came of these plans, and in October 2016 NWR Karbonia (a subsidiary established by NWR to reactivate Dębieńska) was bought by Prairie Mining Limited. The Australians applied a year ago for a change to the mining concession (it is a change in the date of commencement of mining), and the yielding of coal is partly based on the still existing closed mine infrastructure.
The launch of the mine in Czerwionka-Leszczyny is also interested in JSW.
- We have so far, after one meeting with Prairie Mining, during which we started a dialogue on potential cooperation regarding the Dębieńsko mine, but it is still too early to talk about it. We heard what assets Prairie Mining has and we learned the potential cooperation options offered to us by the owner. For now, too early to talk about whether we could buy the right to the deposit or jointly implement the project. If we manage to conduct conversations in the right direction, we should pass on the particulars in a few weeks - Daniel Ozon noted.
As JSW's president added, the plans to reactivate the Dębieńsko mine have nothing to do with the planned increase in coal output from 15 to 18 million tonnes per year, which is mentioned in the company's development strategy until 2030.
- It is organic growth, i.e. based on currently owned database of mines and resources, which does not provide for acquisition. If we were able to implement the project to launch the Dębieńsko mine, it would theoretically involve a modification of our strategy - added Ozon.
They don't seem to have a set pattern on issuing TUs.
Previous TUs were issued on:
19th July 2017
2nd Nov 2016
27th Jan 2016
19th Oct 2015
In the half-year results RNS in Sept 2017 they stated:Outlook for 2017:
� The Group is expected to be EBITDA positive for 2017 as a whole and significantly EBITDA positive in H2 2017
Since then there have been a number of new contracts signed but no numbers assigned to them.
If revenue is subsequently increasing and they are now making a profit, then perhaps they should issue a TU with further details.
CEO said 'a profit north of �3m this year' in a recent interview.
If they don't then the Full year results have previously been issued on 17th April 2017 and 4th May 2016.
12 Feb 2018 7:00 am Games development and licensing agreement with ITV
30 Jan 2018 9:02 am Slingo launched on Ladbrokes Coral gaming sites
22 Jan 2018 7:00 am Licensing agreement with Golden Nugget Casino
15 Jan 2018 7:00 am 3-year licensing agreement with 888 Holdings
10 Jan 2018 1:40 pm Partnership agreement with the Health Lottery
15 Dec 2017 7:00 am 10 year services agreement with Jackpotjoy group
Another distribution deal.
Leander Games enters new Realms
February 08, 2018
New agreement will see Gaming Realms content made available to all Leander customers
London, 8 February: Leander Games is pleased to announce that it has signed a deal with Gaming Realms plc, the developer, publisher and licensor of mobile real money and social games that will see �Slingo Originals� content such as the popular Slingo Riches and Extreme Games available to all Leander�s customers.
The deal also involves the distribution of all of Gaming Realms� branded content games such as Rainbow Riches Slingo, Britain�s Got Talent Slingo, X-Factor Slingo and The Price is Right slot as well a range of other slots games.
Steven Matsell, Chief Executive Officer at Leander Games, said the deal was about enriching the Leander Games offering to its customers. �We want to provide our customers with the best available games on the market and in signing this deal with Gaming Realms we are doing just that.
�The company and the people behind it have enviable records in the gaming sector � and now particularly in mobile gaming � and we are delighted that we will be able to harness their talent in this way.�
Patrick Southon the CEO of Gaming Realms plc said: �We are pleased to see our games gain even wider distribution and hope that our games will soon be among the favourites of the players at the Leander customer sites.�
The �Slingo Originals� portfolio has proven a great success with operators to date and new and unique gaming formats from Gaming Realms will continue to rollout throughout 2018 and beyond.
Matsell said the deal with Gaming Realms helped towards the company�s aim of bringing the best-of-breed games to its existing customer base. �We want to bring our customers the very best content,� he said. �This joins a burgeoning roster of exclusive and third-party content on Leander and pushes home the message that we can provide the best on the one platform with easy integration.�
Check out the link.
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Demand for mining services ramps up
01 Feb, 2018
Summary: It was undoubtedly a better year for Australia�s leading mining services companies in 2017.....
Improved commodity prices led to an increase in mining activity, meaning the expertise of the country�s mining services contractors was in growing demand.
Nice mention the market Report.
'Mobile phone gaming maker Gaming Realms surged after announcing its fourth contract win of the month.
The firm, which makes bingo and slot games for mobiles, jumped after signing a deal with Ladbrokes Coral.
As part of the deal, Gaming Realms will launch its Slingo portfolio games on Ladbrokes Coral�s Gala Spins and Gala Bingo sites.
It is the fourth contract win the company has announced this month, following partnerships with Health Lottery, 888 Holdings and Golden Nugget Casino.
It also follows an earlier contract win with Jackpot Joy in December. Investors were cheered by the news, which sent shares up 15.3 per cent, or 1.5p, to 11.3p. '
Yancoal Australia Q4 saleable coal production surges 92% on yr
Yancoal Australia (ASX: YAL), international subsidiary of China's state miner Yanzhou Coal Ming, produced 8.65 million tonnes saleable coal (equity share) in the fourth quarter, surging 92% on the year prior, said the listed company late January 19 in quarterly activities report.
The output hike mainly came from "the significant increase in production generated by the addition of the newly acquired Hunter Valley Operations joint venture and Mount Thorley Warkworth mines", which contributed 3.45 million tonnes to the total with a 56% year-on-year increase.
FROM RNS of 30th Nov
The Second Warrant is over a further 250,000,000 shares and is exercisable at a price of 0.65p per share in the event that all 5 exploration licences adjacent to the Nkamouna and Mada Cobalt-Nickel Project have been granted. These Warrants may be exercised at any time once all 5 of the Cameroon Licences have been granted until the third anniversary of the date on which the 5th Cameroon Licence has been granted.
From latest TU:
'Further progress is anticipated in 2018-19 as debt continues to be repaid from the strong operational cash-flow generated by the major changes which are now taking effect.'
Doesn't sound like they have a cash flow issue- on the contrary.