The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Since the completion of the refinancing, we are encouraged to have added 128 new leads to a growing pool of opportunities which gives management confidence that significant orders will be signed before the 2023 calendar year end.
Firstly, we have advanced validation of the Optimer-Fc platform, supporting development of animal-free reagents for the $2.3 billion immunohistochemistry (IHC) market. The IHC market is a growing segment of the diagnostics industry in which molecular tools are used to discriminate between diseased and non-diseased tissues, such as in pathology.
This is hugggeee, antibodies are very expensive in the elisa test space
This is revolutionary
In January 2024, HMRC accepted Aptamer's R&D tax credit claim for £0.5 million. Following receipt of these funds the month end cash balance for January was £2.1 million. Having completed the reduction in its ongoing cost base in September 2023, the Board considers this sufficient to provide a runway well into FY25.
Nominal value is 1p, can’t raise below, have big backers in nick and Adam
“This second phase of the project will prevent the need for antibodies in the test and holds the potential to revolutionise presymptomatic disease diagnosis. “
https://www.linkedin.com/posts/the-aptamer-group_aptamer-and-neuro-bio-enter-the-second-phase-activity-7166327471141830656--aRC?utm_source=share&utm_medium=member_ios
Strong progress in discovery and validation has continued, delivering new binders that demonstrate the performance of the Optimer-Fc platform. Developed binders for IHC are now undergoing external validation by a top 5 pharma company, with initial results reported as promising and leading to a commercial request for more material. A patent application covering this platform has now been submitted.
Https://x.com/adshargreaves/status/1760563682633711647?s=46&t=4s-AQzZhMmeWz3Ire1AEsA
Https://neuro-bio.com/
The JV.. amazing stuff. Advancing the lateral flow test to diagnose Alzheimer’s
Unbelievable stuff 👏
Https://oxfordglobal.com/biologics/events/biologics-2024
APTA sponsoring this event
Https://x.com/theunsophistic2/status/1759890608062112100?s=46&t=4s-AQzZhMmeWz3Ire1AEsA
#PANR
Debt (CLN $30m)
£250m mcap
#88E
Debt free
£50m mcap
@88EnergyLtd also have onshore Namibia to go at once JV is secured, growing interest in the Permian Basin that is steadily growing in production & prospective resource estimate for Upper Schrader Bluff (USB) H1 2024
Finding Leonis a little dark horse
Leonis
1. Project Leonis will see an independent, Certified Resource Estimate completed before commencing a formal farm-out program in 1H24
2. We are very pleased to have already received in-bound farm-in interest for Project Leonis from multiple parties
“Due diligence is ongoing with these respected, large oil and gas parties”
🤔
88E news flow:
Phoenix
1. Flow testing:
Basin Floor Fan (BFF)
“250 million barrels of oil equivalent from the deepest reservoir”
Slope Fan System (SFS)
“The Upper SFS had the best oil shows across all reservoirs intersected in the Hickory-1 well and recently completed mapping of the Upper SFS demonstrated a reservoir zone that is more laterally extensive than previously considered”
Shelf Margin Delta (SMD)
“shallower and less thermally mature (more oil prone)”
2. the flow test program is fully funded and operations will commence in February 2024
Leonis
1. Project Leonis will see an independent, Certified Resource Estimate completed before commencing a formal farm-out program in 1H24
2. We are very pleased to have already received in-bound farm-in interest for Project Leonis from multiple parties
“Due diligence is ongoing with these respected, large oil and gas parties”
Namibia
1. PEL 93 benefits from existing infrastructure situated around the Owambo Basin, enabling a clear pathway for future potential commercialisation
2. 200 line-kilometres of low-impact 2D seismic. This will enable validation of ten significant structural closures in a well-defined sedimentary basin with proven oil charge, reservoirs, and seals.
Longhorn
1. Bighorn has approved 5 workovers to be completed in 1H 2024 and upon successful execution are expected to increase production to 180 - 220 BOE gross per day (~75% oil).
· Once the workovers are completed, Bighorn will consider for approval the 2 new production wells, as previously announced, in 2H 2024, which are expected to increase production by an additional 160-200 BOE gross per day (~75% oil).
2. additional production to enhance our current output of 370 BOE per day
Https://x.com/theunsophistic2/status/1758855934909038950?s=46&t=4s-AQzZhMmeWz3Ire1AEsA
Https://x.com/theunsophistic2/status/1748063865961677069?s=46&t=4s-AQzZhMmeWz3Ire1AEsA