Member Info for GedW

[QPP] This provider of sector leading expertise in software, consultancy and technology enabled outsourcing in its key markets, being Insurance, Telecommunications and their Related Sectors, announces that the Company's Annual Report and Accounts for the year ended 31 December 2012 have been posted to shareholders. The Company's annual general meeting will be held at 10am on 28 June 2013 at Dorsey & Whitney, 21 Wilson Street, London EC2M 2TD. The Report and Accounts, together with the Notice of AGM may be viewed on, or downloaded from the investors section of the Company's website www.quindell.com.

[NWT] Pre-close trading update for the year ended 30 April 2013. The Group's trading in the second half of the year has continued to be encouraging, benefiting from a number of contracts previously announced, particularly in its asset protection division. Whilst certain of these are multi-year contracts, a significant proportion of equipment procurement occurred in the year ended 30 April 2013 resulting in stronger than expected revenue in the year. As is common with such contracts, the speed of branch roll-out is at the discretion of our customers; consequently the timing of revenues recognised by the Group can vary against management's original expectations. Overall, the Directors believe Group revenue for the year ended 30 April 2013 will be not less than £18 million (2012: £13.1 million) with a material improvement in the trading profitability against prior year. Marie-Claire Dwek, Chief Executive Officer, commented "we have been very pleased with our trading in the year to April 2013, but are mindful that a number of larger contracts, the benefit of which has partly fallen into the financial year just gone will not necessarily be replicated in the current financial year. However these contracts should benefit the profitability of the Group in future years". The Board expects to recommend a dividend at the time of the publication of the final results for the year ended 30 April 2013.

[PINN] http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=11605419

[FRX] announce at least a 70-79% increase in its contained iron ore exploration target to 1.6billion tonnes ('bt') - 2.0bt at 28 to 30% Fe at its 74% owned 4,192 Ha Malelane Iron Ore Project ('Malelane' or 'the Project') located in the prospective Mpumalanga Province of South Africa with direct access to the port of Maputo in Mozambique. Overview · Independent review by the Company's consultant geologist has increased the Malelane Exploration Target* from 775 -930Mt at 34-36% to 1.6bt to 2.0bt at 28-30 % Fe.* · Exploration Target contains a higher grade portion that contains 900Mt to 1.2Bt at 36 - 38% Fe at a 20% Fe cut-off · New target based on applying geological model from drilling across three mapped Banded Iron Formation outline which extends for 14km across 300m widths at Malelane · Significant potential to increase current Inferred JORC code compliant resource of 139Mt at 37% in the long-term (resource only covers 1.1km of 14km BIF strike) *The potential quality and quantity is conceptual in nature and there has been insufficient work completed at present to define a Mineral Resource in this area under the JORC (2004) Code. The nature of an Exploration Target is such that it is uncertain if further exploration will result in the determination of a Mineral Resource. Ferrex Managing Director, Dave Reeves said: "We are delighted to report this significant increase in the Exploration Target for Malelane which supports our long-term view that the project potentially contains a significant large-scale iron-ore resource. In line with our strategy of developing assets which are close to infrastructure that have near-term production potential and in-turn cash generating capabilities for the Company, we remain committed to commencing development of the smaller scale, low capex start-up operation (1.8Mt pa over 16.6 year life) that utilises the existing infrastructure of a main rail route to Maputo in Mozambique 170km away. However at the appropriate point of Malelane's exploration and development, the Company will investigate how best to extract the potential 2.0Bt iron resource on a much more significant scale to fully unlock the Project's intrinsic value."

[QPP] Announces another significant contract win with another major UK broker. The outsourcing agreement Quindell has agreed to enter into an initial outsourcing contract to 31st March 2014 with a large UK broker underpinned by Quindell's market leading software, consultancy and technology enabled outsourcing services. The contract has a run rate of over £25 million per annum and further growth to be generated in line with the broker's business plan and mutually planned initiatives. Outsourcing with Quindell beyond March 2014 will be subject to a further contract. The broker offers a broad range of products including auto, property and commercial. This significant new agreement will see the broker using Quindell's end to end proposition of a complete technology enabled supply chain offering for Personal Injury claims, Medical Reporting, Multi Disciplined Rehabilitation plus Auto Accident Repair including Vehicle Hire Services supporting the broker's goal of service excellence via every customer communication channel. Having taken third party references and having worked directly with Quindell in the provision of legal services since January, the broker is more than confident in benefitting from a significant improvement in customer service compared with the levels of performance achieved previously. The Quindell service is offered is operated in an ethical manner and delivers a 20% reduction in the total cost of claims compared to industry norms. This is achievable by addressing the total cost of claims, including the provision of a quality legal and rehabilitation service for customers, rather than simply focusing on recovering and repairing customers' vehicles. Further contract wins The contract announced today, and in combination with a further seven significant contracts signed over recent weeks, should together increase the Group's run rate revenues in the region of £100 million per annum from July 2013. Robert Fielding, Chief Executive of Quindell's Services Division, said: "We are delighted to announce these significant new contract wins. We are still seeing substantial traction in the market post LASPO as a number of leading industry figures are finding appropriate solutions to meet their requirements and as a result, we continue to sign significant new business, increasing revenues in the second half in the region of £100 million per annum. These agreements once again validate Quindell's significant market leading model, through a combination of innovative technology and integrated supply chain stamping down the cost of claims whilst above all improving the customer experience for the brands who choose to partner with Quindell".

[IGAS] http://www.proactiveinvestors.co.uk/companies/news/57631/igas-will-be-due-a-massive-uplift-if-it-can-develop-uk-shale-says-goldman-sachs-57631.html

[SRT] Results for the year ended 31 March 2013. FINANCIAL HIGHLIGHTS · Revenue £10.0 million (2012: £6.2 million) · Profit before tax £1.2 million (2012: £0.2 million) · Earnings per share 1.3p (2012: 0.2p) · Gross profit margin 46% (2012: 51%), due to product mix and early production costs · Debt free with cash of £1.5 million OPERATIONAL HIGHLIGHTS · New Identifier and Aids to Navigation product platforms completed and customer deliveries commenced · Multiple customer product integration and customisation projects completed · Customer base grown to over 110 Simon Tucker, CEO of SRT, commented: "The global market for AIS has made substantial progress this year with many pending projects entering their implementation phase and many more new projects materialising. In parallel we have continued to execute our strategy to be the global source provider of AIS technologies and products through building our customer network to over 110 customers and broadening and improving our product range. SRT is in pole position to reap the rewards from the global AIS opportunity."

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/66734/7349-interim-report-on-bowland-shale.doc

[IGAS] http://www.thegwpf.org/bowland-basin-hold-1000-trillion-cubic-feet-shale-gas/ http://www.aapg.org/explorer/2013/02feb/uk_shale0213.cfm http://www.bbc.co.uk/news/business-22748915 http://www.bbc.co.uk/news/science-environment-11175386

[IGAS] ExxonMobil is chatting with United Kingdom hydrocarbon producer Igas Energy about possibly taking a stake in Igas’ Bowland Shale gas project in Lancashire.

http://www.bbc.co.uk/news/business-22748915

http://www.thegwpf.org/bowland-basin-hold-1000-trillion-cubic-feet-shale-gas/

[IGAS] http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=11600875

[DRG] [MTV] http://www.motivetelevision.co.uk/english/motive-television-company-updates/680/michael-pilsworth-s-presentation-to-the-proactive-investor-one2one-investor-forum-16th-may-2013/

[KLG] The unaudited Interim Consolidated Financial Statements and the management discussion and analysis (the “MD&A”) of Kalimantan Gold Corporation Limited (the “Company”) for the first quarter ended March 31, 2013, are available for viewing on www.sedar.com or www.kalimantan.com. The Company incurred a comprehensive profit for the three months ended March 31, 2013, of $25,151 (2012 – loss of $134,741). The profit derived from the $219,815 management fees earned in the three month period that relate to being the operator of the KSK Agreement and are directly correlated with the magnitude of the gross exploration expenditures funded by our joint venture partners and our continuance as operator. The Company began the current fiscal quarter with $3,058,382 in cash. Operating activities used $1,750,974 in cash, used $240,823 to purchase equipment, received $99,805 as recovery of equipment purchases, and recorded $1,994 of unrealized foreign exchange loss on cash balances, to end the quarter with $1,168,384 in cash, of which $382,182 is held exclusively for use pursuant to the KSK Agreement. The highlights of the first quarter and up to May 28, 2013, include: A significant drilling and exploration program at the KSK CoW of up to $16,200,000 for 2013 is well underway. The 2013 program will complete a substantial drilling and exploration program. An additional 15 major prospects on the KSK CoW will be explored in 2013 to generate drill targets utilizing up to 5 helicopter supported drill rigs. The 2013 activity focuses on five main areas: surface mapping; remote sensing; drilling; assaying and data compilation and modeling. The entire target areas are identified on the map included in the MD&A. Seven prospects have undergone comprehensive geological mapping and sampling, including rock chip, soil and stream sediment sampling. These prospects include: Low Zone, Beruang Tengah, Beruang Kanan, BK North Massive Polymetalic Zone, Ketambung, Focus One and Rinjen. Prospects being explored now are Beruang Kanan West, Beruang Tengah West, Mamuring and Volcano. In early May KSK was issued the Forestry Borrow to Use extension it needed to now allow exploration to begin at the Tumbang Huoi, Baroi and Mansur prospects, which are historically three of the most prospective exploration targets within the KSK CoW. The Ministry of Mines has provided formal correspondence to KSK confirming its approval of the KSK 2013 exploration and work program. SK LLC funded $4,338,492 of exploration expenditures on the KSK CoW in the three months ended March 31, 2013. The Qualified Person responsible for the technical content and verification in this news release is Dr. Peter Pollard, a consultant to the Company and the Company's Qualified Person.

[PINN] Seriously entertaining... http://www.youtube.com/watch?v=JVeOXXsMbaM&feature=player_embedded

[QPP] Announces a new agreement with Honda to handle a range of accident management services for the motor manufacturer's UK customers. The three year contract follows a successful period of cooperation which started in January 2013 and with the opportunity represented with Honda as a major brand, we expect Group revenues to build to a significant level during the three year term, as under the terms of the agreement, Quindell will deliver a range of accident management services to Honda customers. Marcus Comfort, Aftersales Programmes Manager, Honda (UK) commented: "Quindell have created a compelling proposition for Honda, and we believe the partnership will deliver an improved customer experience. We're convinced our customers will welcome the extra security that comes with contacting Honda and knowing we will help them from the moment of the incident, through to their car being repaired and returned to them." Simon Pook, Chief Operating Officer Quindell Business Process Services (previously Ai Claims Solutions) said: "The agreement with Honda (UK) is a significant step forward in our strategy to become a major player in the motor manufacturer market. 
Honda is a tremendous brand for us to be associated with, and we are looking forward to looking after their customers. We are planning a comprehensive training programme for Honda staff to explain the accident management process, enabling them to offer a high quality service to customers who are unfortunate enough to have an accident. Our proposition enables Honda customers to be back on the road as soon as possible." David Sandhu, Group Chief Operating Officer, Quindell said: "This contract with Honda is one of a number of new clients that we have won so far in the current quarter, due to our continued focus on an ethical approach for the industry. These clients in combination represent additional tens of millions per annum in outsourcing revenues for the Group, with a combination of a number of major vehicle manufacturers, accident management companies, major insurers and brokers, which all underpin our confidence in continued growth in 2013 and beyond".

[DRG] [MTV] Digiturk begins rollout of Motive's Television Anytime Anywhere technology among base of 2.5 million subscribers London 29 May 2013: Motive Television ("Motive" or "Company") announces that it has been informed by Digiturk, the largest satellite broadcaster in Turkey with over 2.5 million subscribers, that it has begun providing set-top boxes which include Motive's Television Anytime Anywhere technology to consumers on a commercial basis. Although the Company cannot predict the eventual number of Digiturk subscribers who may receive the Company's technology in the next 2-3 years, the Company conservatively estimates that at least 100,000 of Digiturk's subscribers will receive set-top boxes with Motive's technology. Based on a recent report of the distribution of set-top boxes during the soft launch in the second half of 2012, Motive has issued its first invoice for licence fees. Licence fee royalties are payable twice yearly based on the number of set-top boxes enabled with Motive technology over the respective six-month period and are expected to represent a significant continuing income stream that will accrue monthly for Motive. Specific terms of the agreement including the number of set-top boxes produced and the unit licence fees are not being disclosed. Leonard M Fertig, CEO of Motive commented, "The commercial deployment by Digiturk of services that use Motive's technology is an important milestone for our Company, marking the second major client (joining Mediaset in Italy) using Television Anytime Anywhere in a broad commercial use. Digiturk is the first user of Motive's patented Television Anytime Anywhere software by a satellite broadcaster (DTH) and paves the way for implementation by other operators in the satellite pay television industry, particularly in the emerging markets of Eastern Europe, Middle East, Latin America, Africa, and Asia. Digiturk is respected as a technology leader and its selection of Motive's technology platform signals a vote of confidence to the Company and its unique software based advanced content solutions by the satellite pay-tv industry."

https://www.gov.uk/oil-and-gas-onshore-exploration-and-production#licensing

Shale gas could be 'a new North sea' for Britain says report By Michael Millar May 22 2013, 10:41am Proactive Investors. Shale gas is controversial as it 'fracking' to gain access to it Tapping into the UK's shale gas deposits could create "a new North Sea for Britain", creating tens of thousands of jobs, according to the Institute of Directors (IoD). The lobby group's report, Getting Shale Gas Working, concludes shale gas development could also reduce British reliance on imported gas, generate significant tax revenue, and support British manufacturing. Shale gas is natural gas that is present in shale rocks, but it is a controversial source of energy as it is usually accessed through hydraulic fracturing - known as fracking. This involves drilling and injecting fluid into the ground at high pressure to fracture the rocks and release the natural gas. Anti-fracking campaigners claim the process is environmentally damaging and can cause earthquakes. Major players in the UK market include IGas Energy (LON:IGAS), Cuadrilla, and Dart Energy. The IoD report said exploiting the resource could mean investment peaking at £3.7bln a year, supporting 74,000 jobs. This could include roles for geologists and drilling specialists, construction workers, lorry drivers, cement manufacturers, water treatment experts, and people working in local retail and service industries. Corin Taylor, senior economic adviser at the IoD and author of the report, said: “Shale gas could be a new North Sea for Britain, creating tens of thousands of jobs, supporting our manufacturers and reducing gas imports." "Further exploration will be needed to assess the size of technically and commercially recoverable resources," he added. "At the same time, partnerships need to be established between industry, government and communities to ensure that development of this vital national resource benefits local people.” The report points out jobs could be created in parts of the country that need them most, with UK shale deposits focused in the North of England. Shale gas production, with tax rates of up to 62%, could generate significant tax revenue, the study says, helping to offset a predicted future tax gap of 1.25% of GDP from lower fuel duty and North Sea receipts. It also challenges claims that the environmental damage outweighs the benefits of shale gas. "According to the Committee on Climate Change, if production is well regulated, shale gas can have lower emissions than imported gas," the report says. "If shale gas supports the production of chemicals and other goods in the UK, global emissions will also be lower, as UK industry is very energy-efficient. "Natural gas has great potential as a transport fuel, particularly for lorries and buses. In the US, 19% of municipal buses run on natural gas." The study cites the planning and permitting regime, skills shortages, and local opposition as key barriers to getting production off the ground. The US is already said to have experience a 'shale revolution', with shale gas production increasing from one per cent of overall US production to 20% in 2009. There are predictions that it could reach 50% of gas production in the country by 2035. Management consultancy A.T. Kearney forecasts shale gas could account for 45% of fuel production in Europe, excluding Norway, by 2035.