Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
http://www.sharesmagazine.co.uk/articles/power-up-portfolio-with-sis#.Uh7lYz-neSp Power up portfolio with SiS Sports nutrition spin-out promises new product launches Risk-tolerant traders should open a position in Science in Sport (SIS:AIM), the sports nutrition minnow demerged from biotech Provexis (PXS:AIM) earlier this month (9 Aug). A steady stream of new products, strong sales momentum and international ... Posted by Harkins1950 on iii
13 January 2012 Ted Baker PLC ("Ted Baker") TRADING UPDATE For the 8 week period from 13 November 2011 to 7 January 2012 Good performance across all markets reflecting strength of brand and collections Ted Baker, the British designer brand, is delighted to announce a 15.7% increase in retail sales for the 8 week period from 13 November 2011 to 7 January 2012, compared to the same period last year. Gross margins were in line with expectations and, as in previous years, there was no significant promotional activity pre-Christmas. Average retail square footage rose by 7.3% over the period to 240,001 sq.ft. (2011: 223,623 sq.ft.). We have been very pleased with the performance across all of our markets. During the course of 2011 we further developed our international presence through wholesale, licensing and our new retail stores and concessions, which have continued to build momentum during the period. Sales since Christmas have remained strong and we expect to end the season with a clean stock position. The Board anticipates that profit before taxation for the year ending 28 January 2012 will be in line with expectations. We intend to announce our Annual Results for the 52 weeks ending 28 January 2012 on 21 March 2012.
http://www.hemscott.com/news/static/rna/item.do?newsId=182460948179157
Test work also continues on Atmospheric pressure Tank Leach (ATL) upstream processing in China with encouraging results to date. ATL is an alternative leaching process to Heap Leaching. The ATL test work will be completed by late November. A decision on which leaching process will be taken forward to the BFS will be made at that time. Speaking at the pilot plant ENK Managing Director, Robert Gregory commented: "It is a magnificent effort by the Acoje team to go from being on care and maintenance last year to building and commissioning the pilot plant ten months later".
First Nickel Production from Pilot Plant 27 October 2011 - ENK PLC ("ENK" or the "Company") (AIM, PLUS, ASX: ENK) is pleased to announce the first nickel production from its pilot plant located 250km north of Manila in the Philippines. Approximately 50kg (dry weight) of nickel hydroxide product ('NHP') was released from the filter press yesterday. Although final assay results are outstanding, initial assays of the NHP at bench top level have contained approximately 49% nickel and 4% iron. The plant can produce approximately 200kg of NHP per month by utilising ion exchange for Ni-Co separation and purification to process pregnant leach solution from the heap leach trial pad followed by precipitation of the Ni as NHP. The initial NHP will be sent to potential off-takers for evaluation. Future production from the pilot plant will include a trace iron NHP and approximately a 50% cobalt carbonate product. NHP has wider market appeal than the MHP (mixed hydroxide product) previously produced at the Company's Caldag project, due to significantly lower metal impurities. The Acoje Bankable Feasibility Study ('BFS') for an atmospheric nickel leaching project remains on track to be completed in the second quarter of 2012. The infill drilling program at Acoje was completed on 21 October and a new updated resource estimate for this tenement will be announced in due course once all pending drill assays are returned and the resource estimate is completed by Snowden Mining Consultants of Perth. The drill rigs are now in the process of relocating to the Zambales Chromite tenement 5km north of Acoje to complete a 255 hole (3,000m) program. This program is estimated to be completed early in 2012.
http://www.hemscott.com/news/static/rna/item.do?newsId=156390496809820
Cogane™ - European Commission Grants Orphan Drug status for treatment of ALS Phytopharm plc (PYM: London Stock Exchange) ("Phytopharm" or the "Company") today announces that the European Commission has granted Orphan Drug status to Cogane™ (PYM50028) for the treatment of amyotrophic lateral sclerosis (ALS). The United States Food & Drug Administration (US FDA) granted Orphan Drug status to Cogane™ (PYM50028) for the treatment of amyotrophic lateral sclerosis (ALS) in July 2011 ALS, also known as Lou Gehrig's disease, is the most prevalent form of motor neurone disease, which generally strikes people between 40 and 60 years of age. It is characterised by progressive loss of motor neurones, which eventually leads to death. There is an urgent need for the development of new approaches to this devastating condition. It is estimated that the prevalence of ALS in Europe is 0.5‑1.1 per 10,000. For a product to gain orphan drug status in Europe, the condition must affect less than 5 in 10,000 people in the member states. As reported in the Company's Interim Results, Cogane™ has previously shown promising activity in preclinical in vitro and in vivo models of ALS. A study of Cogane™ in the genetic "gold standard" in vivo model of ALS is ongoing. This study has the support of the Motor Neurone Disease Association, a UK based charitable organisation, which has provided a grant to cover the costs of the study. Results from the study are expected in Q4 2011 and, if positive, offer the potential to support a rapid progression into clinical trials of ALS.
http://www.hemscott.com/news/static/rna/item.do?newsId=156390496758718
Sorry guys, wrong board lol
Max Petroleum Plc ("Max Petroleum" or the "Company") Operational Update 24 August 2011 Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, is pleased to announce an operational update of its activities in the Blocks A&E Licence area. Drilling Commences at Sagiz West Prospect Drilling has commenced at the SAGW-1 exploration well on the Sagiz West prospect in Block E, which has estimated unrisked mean resource potential of 26 million barrels of oil ("mmbo") in a four-way, Triassic rim structure. Total depth of the well will be approximately 1,600 metres. New Drilling Contract for Additional Shallow Rig The Company has executed a drilling contract with PM Lucas for a ZJ-50 rig capable of drilling to 5,000 metres, to drill the ASK-2 exploration well in the Asanketken Field in Block E. The rig is on location and is expected to commence drilling operations before 31 August 2011. The ASK-2 well is designed to test the field's deep Triassic potential, as well as further evaluate potential reservoirs in the shallower Jurassic section found to be productive in the ASK-1 discovery well. Status of Pre-salt Drilling on Emba B Prospect The Company expects to commence drilling operations for the NUR-1 pre-salt exploration well in the Emba B Prospect on Block E in October 2011, based on the Company's latest discussions with the drilling contractor, Saipem. The deep rig is currently completing a well for another operator and is expected to begin mobilization to NUR-1 location by the end of the month. Expanded Post-salt Prospect Inventory The Company has matured two additional prospects into the post-salt inventory, including the Uytas North and Karasai South prospects, both of which are four-way, Triassic rim prospects on Block A. Uytas North has unrisked mean resource potential of 11 mmbo with a 38% geological chance of success ("COS"), while Karasai South has unrisked mean resource potential of 12 mmbo and a 34% COS.
http://www.hemscott.com/news/static/rna/item.do?newsId=156390496694487
Max Petroleum Plc (the "Company") Drilling Update 15 August 2011 Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, is pleased to announce that it has commenced drilling the UTS-3 appraisal well on the Uytas prospect in Block A. The total depth of the well will be approximately 800 metres, targeting potential Cretaceous and Jurassic reservoirs.
http://www.hemscott.com/news/static/rna/item.do?newsId=156390496677565
3 August 2011 DRAGON OIL PLC (the "Company" or together with its subsidiaries "Dragon Oil" or the "Group") Drilling Update Dzheitune (Lam) 28/158 well tested at initial rate of 2,876 bopd Dragon Oil plc (Ticker: DGO), an international oil and gas development and production company, announces the completion and initial testing of the Dzheitune (Lam) 28/158 development well. The well was completed as a single producer by the NIS rig to a depth of 1,786 metres. The initial test result from the well was 2,876 barrels of oil per day ("bopd"). The NIS rig has skidded to the next slot and is in the process of spudding the Dzheitune (Lam) 28/161 well. The Iran Khazar rig and Rig 40 are currently drilling the Dzheitune (Lam) B/159 and 13/160 wells, respectively. Dr Abdul Jaleel Al Khalifa, Chief Executive Officer, commented: "I am pleased to report the successful completion and initial testing of the Dzheitune (Lam) 28/158 well. The Group is currently producing at a healthy rate of above 60,000 bopd, which puts us in a comfortable position to ensure meeting our gross production growth target by the end of the year."
http://www.hemscott.com/news/static/rna/item.do?newsId=148618753420275
QUARTERLY REPORT FOR THE PERIOD ENDED 30 JUNE 2011 HIGHLIGHTS DURING THE QUARTER · Acoje Heap Leach Trial results on track · Philippine Direct Shipping operations underway · Acoje Bankable Feasibility Study manager appointed · Acoje Infill Drilling Program underway OVERVIEW Over the past 18 months the Company has been through significant changes at both the operational as well as the corporate level. Whereas the Company has previously described itself as a nickel laterite heap leach technology company, it is perhaps now more appropriate to describe European Nickel, or ENK as we are soon to be known, as a nickel development company focused on the economic processing of nickel laterite ores. This subtle change in description does not alter the short term goal of the Company to get its two advanced projects in the Philippines and Turkey developed into profitable operating mines as soon as it is able to do so. The capacity on these projects is in excess of 40,000 tonnes of contained nickel, the successful development of which would move the Company comfortably into the ranks of a mid-tier producer. The core strength of the Company has always been its technological expertise acquired through its research and development activities. For many years, initially in Turkey and more recently in the Philippines our knowledge base of the economic processing options for nickel laterites has continued to develop and expand. By utilising these scientific advances we have continued to explore new ways to reduce operating costs, produce a higher payable end product and seek lower capital cost solutions to processing nickel laterite ore.
5 July 2011 Brady plc ("Brady" or the "Group") New Contract Brady plc (BRY.L), the leading global supplier of trading, risk management and settlement solutions to the metals, energy and soft commodity sectors, announced today that the new Australian Bullion Exchange (ABX), based in Brisbane, Australia, has opted for a Brady solution to enable them to bring bullion trading to the private investor. ABX and Brady have agreed to a long term partnership where Brady will become the core system for the exchange's infrastructure. Thomas Coughlin, CEO of ABX, commented: "We selected Brady for their extensive experience and solid reputation in the physical precious metal space. Their years of market experience and referenceable customers made Brady the obvious partner for this long-term strategic initiative." ABX introduces a centralised bullion exchange into the Australian investment industry, enabling market participants to trade and invest in a transparent, consistent, reliable and cost effective market place. The Brady solution will be implemented in multiple phases. Initially the deployment of the solution will focus on precious metals trading, foreign exchange, MTM, client reporting and inventory management. Gavin Lavelle, CEO of Brady, said: "I am delighted to welcome ABX as our latest customer. We very much look forward to working with ABX towards delivering immediate benefits from the power of the out-of-the-box solution and to a long and successful partnership as the exchange expands its use of our tools." He added: "Brady have a strong customer base in the field of precious metals, ABX's project is an exciting implementation for us, demonstrating the flexibility of our solutions and the diversity in the customers we serve."