Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
did you miss this RNS from the 1st of April???
https://www.lse.co.uk/rns/WSG/coronavirus-and-business-update-ig5gh3thl997f2b.html
"the Group has received over $2.1 million USD of online product orders of which $1.7 million USD were in March 2020 and over $1.2 million USD of that was the last two weeks alone"
https://www.thetimes.co.uk/article/heathrow-boss-calls-for-airport-screening-88zbgbvx5
I think we will see this become mainstream...
https://www.google.com/amp/s/www.cnbc.com/amp/2020/04/04/coronavirus-walmart-amazon-turn-to-thermometers-as-detection-tool.html
I would think our proposal wouldn't be too bad, I think even the most negative posters have highlighted that it's the current finance agreement holding the company back.
"Overall, despite the disruption from COVID-19, our business has performed well and has been profitable in Q1 with revenues of over £4 million an increase of more than 30% over the same period in 2019 (Q1 2019: £3.1 million) and we have a healthy order book going forward."
"We are also fortunate in that much of our revenues are generated from long-term and recurring revenue contracts (we entered 2020 with over £8m of annual recurring revenue for the year) and so where we have reductions in such revenue streams during the COVID-19 disruption these are expected to return once the pandemic passes."
"we end Q1 2020 with £2.2 million in cash and are, in addition, pursuing government support initiatives"
There are plenty of government support initiatives but assume the most appealing would be The Coronavirus Business Interruption Loan Scheme... https://www.british-business-bank.co.uk/ourpartners/coronavirus-business-interruption-loan-scheme-cbils-2/for-businesses-and-advisors/
Any reason why they wouldn't be able to access this?
if capped we would assume no more selling until May? If so, you would expect SP to move up freely up to final results on the 30th of April?
By then we should have some clarity on Covid-19 and world outlook might look completely different.
Could it be our friends Canaccord?
https://www.lse.co.uk/rns/WSG/westminster-group-holdings-in-company-reageuf7xx5tp41.html