Member Info for GedW

[NRRP] NRRP Has announced it has signed a joint venture heads of agreement ('HoA') with southern Africa focussed minerals explorer Jacana Resources Ltd ('Jacana'), in relation to North River's Mavuzi licences which cover 54,580ha in the Tete province of Mozambique ('the Project'). The licences, which include the Castro and Inhatobui targets and the previously producing Mavusi and Castro uranium mines, are prospective for uranium and rare earth elements ('REEs'). Under the terms of the HoA, Jacana will fund an initial exploration programme, which will include at least 2,000m of drilling over a 12 month period on the Project, focussing in particular on untested drill targets and additional ground truthing of prospective areas. It is committed to spending no less than US$400,000 on this initial programme and, on completion, will hold a 51% interest in the Project. A subsequent investment by Jacana of US$1,500,000 will increase its interest to 70% and the funding of a bankable feasibility study ('BFS') will earn it an 80% interest in the Project. North River maintains the option to fund pro-rata after the completion of the BFS stages, in order to retain a 20% interest in the Project. Should North River elect not to participate in funding the construction phase, its 20% interest in the Project will convert to a 1.75% net smelter royalty ('NSR'). http://www.jacanaresources.com.au/

[NRRP] North River Resources plc is an AIM listed multi commodity resource development company, focussed on southern Africa. Its current portfolio includes significant gold and base metal assets in Namibia and uranium, gold and copper assets in Mozambique. The Company has an active development plan with the aim of generating production in the near term. North River Resources is approximately 45% owned by AIM listed Kalahari Minerals plc. As an investor in AIM listed companies, nerves of steel, patience and a high propensity for risk are normally a must-have pre-requisite particularly when the market is as volatile as it has been in recent times. Therefore if directors are willing to invest their own money in a company it’s normally a pretty good indication that the company is in safe hands with a half-decent outlook. Couple this with a cash-rich balance sheet and you have the initial makings of a possible investment opportunity. These are the current circumstances of North River Resources (AIM: NRRP) the multi-commodity South Africa based development company. NRRP has an extensive portfolio of assets comprising: gold and base metal assets in Namibia, uranium, gold and copper assets in Mozambique. The company is relatively new to the market having listed on AIM just over 4 years ago. Despite joining in arguably the most tumultuous period in the markets history the company have progressed well, though virtually all of this progression has taken place in the last 12 months.

[RAM] Further to the announcement of 16 December 2010, the Board of RAM is pleased to announce that its wholly owned subsidiary, RAM Vision Limited ("Ram Vision"), has signed a joint venture agreement for 3D flat screen hardware viewed without the need of special glasses with Free Ray UK Limited, a subsidiary of Free Ray FZ LLC ("FREE RAY"), the sole distributer and business partner of Tridelity Display Solutions Gmbh ("Tridelity"). FREE RAY, based in Dubai, is to invest £1.5m into capital expenditure as part of a joint venture arrangement with RAM Vision. The arrangement comprises of individual exclusivity terms on each of RAM Vision's contracted UK shopping malls scheduled for the 3D roll out. The joint venture is to market under the brand name RAM3D. The screens use cutting edge technology that allows viewing with no need for specialist 3D glasses. Ram Vision is projecting gross sales revenues for the joint venture from 3D advertising sales to exceed £600,000 in the first year of operations with the expectation that this new prospective profit centre will not impair the advertising revenues it currently generates with 2D advertising. FREE RAY, jointly with Tridelity, has successfully fulfilled major advertising projects in Dubai, Abu Dhabi, Turkey, Egypt, Tunis, Kuwait and Lebanon for major international brands

[NRRP] Mozambique operations update released today, sounds very promissing ! inter alia "...North River Resources plc, the AIM listed southern African multi-commodity resource company, is pleased to announce an update from its Joint Venture partner Baobab Resources plc ('Baobab' or 'the Company') in relation to North River's Monte Muande licences in the Tete province of Mozambique ('the Project'), which are prospective for magnetite, phosphorus, uranium and gold. North River Managing Director David Steinepreis said, "The JV with Baobab for the development of Monte Muande is progressing well with these latest results underpinning the prospectivity of this multi-commodity project area. The work programme, undertaken and fully funded by Baobab, is yielding encouraging drill hole and trench results with significant magnetite/phosphorus intercepts and geochemistry demonstrating the potential for a significant mineralised extension."

[STTM] Further to the announcement made by the Company 25 November 2010 confirming that all resolutions were passed at the Company's Annual General Meeting which included a proposed reduction of the Company's share premium account by £1,200,000, the board announces that The High Court sanctioned the Company's share premium reduction at a Court hearing on 15 December 2010. The Court order for the share premium reduction together with the applicable statement of capital has now been filed and registered with Companies House. This now paves the way for dividend distribution or a share re-purchase season, as all the approvals for a share buy back were approved at the annual general meeting (AGM) my guess is this is the path the directors will follow. Personally I would prefer either a special one off divi distribution or on going dividends, but buy back appears to be the boards preferred route for shareholder value release and share price appreciation.

[ITM] Those that followed the trend mid 2009 could do no worse than lock in 350%'s worth of profit as the current share price ducks and dives and zig zagging these few sessions. Lock in a 100% profit and run remaining 200% churn profits on weakness.

[PSQ] Missed opportunities ! in revenue growth but potential remains stronger than ever over a longer period timescale. In my opinion taking a position at current share price is not such a bad idea with an improving list of blue chip clients on its books.

[SXX] North Dakota first analysis commented on by Daniel Stwart.. Stockbroker Daniel Stewart described the outcome of the drilling as "a disappointing result," adding that, although it was encouraged that potash was intersected in the hole, "the average grade of the intersection was well below the grade that would be required to develop a mine." This stock remains the domain of the risk takers, and a long term objective is my opinion..

[SXX] YORK POTASH LIMITED. Companies house register entry. Not a lot of history here! Name & Registered Office: YORK POTASH LTD 20-22 BEDFORD ROW LONDON UNITED KINGDOM WC1R 4JS Company No. 07251600 Status: Active Date of Incorporation: 12/05/2010 Country of Origin: United Kingdom Company Type: Private Limited Company Nature of Business (SIC(03)): None Supplied Accounting Reference Date: 30/06 Last Accounts Made Up To: (NO ACCOUNTS FILED) Next Accounts Due: 12/02/2012 Last Return Made Up To: Next Return Due: 09/06/2011 Previous Names: No previous name information has been recorded over the last 20 years.

[NPT] This statement by the Company spokesman comes as no surprise. There is no doubt that 2010 was a tough year for Netplay, however, after a successful placing in November, a restructuring of the business, and a renewed focus on our core live casino product, we are pleased with the way the business is now performing. With the Company on a stable footing, we very much look forward to driving forward our core live casino product offering increasing the marketing activity around our Supercasino brand and actively exploring opportunities to launch Supercasino in other territories. "We are particularly pleased with the uptake of our iPhone application, which is a perfect fit for our business and provides another medium for our customers to play seamlessly whilst watching our games on TV or whilst on the move. With iPad and Android applications firmly on our product roadmap, we believe this will be a very exciting year for mobile, and we look forward to significant growth in this area

[SLG] http://en.wikipedia.org/wiki/Sarantel

[SXX] This is what Sirius members get for £25Mns. A huge gamble beset with characteristic risks, funding, planning consents, landowner agreements, public objections. But if the alleged resource potential materialises, then a windfall for patience will pay off. http://www.yorkpotash.co.uk/index.php?option=com_content&view=category&layout=blog&id=1&Itemid=30 http://wck2.companieshouse.gov.uk/d2e76ec519211eb58efe3c950fee8846/compdetails

[SLG] Sarantel is a leader in the design of high-performance miniature antennas for portable wireless applications. Sarantel's revolutionary ceramic filtering antennas offer dramatically improved performance over existing antenna designs, resulting in a clearer signal, better range and a 90 per cent reduction in the amount of signal radiation absorbed by the body. Because of their smaller size and higher capabilities, Sarantel's antennas enable manufacturers to create innovative wireless products for the GPS, WiMax, Satellite Radio and Satellite phone markets. SELEX Communications, a Finmeccanica company, is a global supplier of advanced communications, navigation and identification solutions to protect communities and critical national infrastructure. With over 100 years of experience in military and civil sectors, SELEX Communications supplies secure, integrated and interoperable networked solutions for governmental, civil and military applications to meet customer requirements and exceed their expectations. Headquartered in Italy and with worldwide operations, SELEX Communications employs about 4,300 people.

[ITM] Announced today the achievement of CE certification of its HPac electrolyser product. A CE mark is a mandatory conformance mark for products placed on the market in the European Economic Area. As such, achievement is an essential element of the Company's commercial drive, enabling commercial sales within the EU and is a significant milestone for the Company. CE conformance certifies that a product has met EU consumer safety, health and environmental requirements. In the case of HPac, CE requires conformance with the Pressure Equipment, Emc and Machinery Directives. HPac is the largest of the four electrolyser products launched at the Hannover Messe in April 2010. The process of generating evidence of compliance has involved a significant amount of learning for both ITM Power and the Notified Bodies involved. The Company is now equipped with a framework via which future certification endeavours can be prosecuted efficiently. Dr. Graham Cooley, CEO of ITM Power, commented:"CE certification for HPac is a huge achievement for ITM Power. It has been the focus of a hard drive for the Company and I am delighted that we can evidence conformity. The experience has been tremendously valuable and will enable us to hone future design and certification activities. We look forward to the commercial launch of HPac at the Hannover Messe in April this year."

[SLG] http://www.sarantel.com/servlet/HsPublic?context=ir.access&ir_option=RNS_NEWS&item=555955599188862&ir_client_id=4891

[SXX] Although this share holds out the promise for substantial long term gain, my opinion is that the share price is ahead of itself at the moment. This is still a high risk stock as there is massive amounts of investment funds needed to be invested on "early stage" resources. This is the major caveat to the recent York Potash Ltd purchase. Whitby-Scarborough potash potential. The estimates of quantity and grade are conceptual in nature and there has been insufficient exploration to define a Mineral Resource on the property and it is uncertain if further exploration will result in discovery of a Mineral Resource on the Property reported to an AIM standard. With 150Mns new shares about to hit the trading floors, there will be an inevitable overhang which will take time to clear. A long term play and not without its inherent underfunded and early stage development risks. I still belive this stock to be for the risk takers.

[SXX] http://www.siriusminerals.com/wp-content/uploads/2011/01/Sirius-Minerals-Investor-Presentation-17-Jan-2011.pdf

[SXX]. If the Co is paying around £26Mns for an early stage 600sq km plot and a current market cap of around £127mns. The American ops alone are alleged to hold billions of Tonnes of potash, not to mention the Aussi resources thrown in, then [SXX] is positively undervalued at the moment, and one can get £millions of future income potential for nothing on current share price valuation.

[POL] The NAV at 31st December 2010 would be restated to 7.43 pence on the basis that the indicated offer price of £1.12p by Guangdong Rising (GRAM) had become unconditional

[POL] Net Asset Value ("NAV") per share as at 31 December 2010. NAV per ordinary share: 7.06 pence1-5 The Company's issued share capital consists of 2,364,678,955 ordinary shares of no par value each. None of these ordinary shares are held in Treasury. The fully diluted share capital of the Company consists of 2,380,678,955 ordinary shares.