Member Info for jackie1

Half year trading update

MYSALE (AIM: MYSL), a leading international online retailer, today provides a trading update for the six-month period to 31 December 2021 ("H1 FY22").

Gross Merchandise Value ("GMV"), increased 36% to A$86.7m (A$63.8 H1 FY21), reflecting progress in scaling the Group's off-price marketplace platform, which is expected to become the Group's largest sales channel, underpinned by the higher margin own-stock channel. As a result of the changing sales mix and growth of the marketplace channel total revenues declined by 6% to $59.7m (A$63.8m H1 FY21).

Gross profit was A$24.9m (A$24.1m H1 FY21), with gross margins improving to 41.8%, an increase of 370 basis points (38.1% H1 FY21). However, supply chain volatility in Q2 impacted on broader profitability, with Underlying EBITDA* of A$1.0m ($2.5m H1 FY21).

All interested parties in by end of month

Could see some majors in there

BrokerManLies paid derampers on the board

He lied openly about a placing and robbed shareholders to sell cheap just like he robbed the bank

Not a one trick pony are we

For just £5m mcap

Same source as Graff-1 well

Total being very tight lipped

WOW

VENUS TALKS DISCOVERY

Its brewing again

Total venus could be a mega discovery and graff 1 flow testing

· Turnover of approximately US$34.2 million, without any consistent contribution from the Louisiana assets



· Average Group production of 2,473 boepd (2020: 2,714 boepd) with no material contribution from Louisiana



· Estimated adjusted EBITDA in Argentina of US$9.5 million (calculated on the basis of Group financial reporting)



· US$14.5 million of free cash generation from operations (after workovers) and treasury income

Singida Project Progressing on Track for Q1 2023 First Production

Financial and operational overview

· Unaudited Group revenues increased by 13.7% (£10.4m) to £85.7m (H1 FY21: £75.4m)
· Salter performing well and in line with plan following its acquisition in July, and is expected to be significantly earnings enhancing in FY22
· Supermarkets will potentially surpass discounters as the Group's largest channel in FY22, driven by strong organic growth and the Salter acquisition
· Recently opened new distribution centre capacity in the Netherlands in partnership with a longstanding third party provider; will assist the European roll out of the Group's online business, in line with its previously stated objective of growing revenues via this channel to 30% of total revenues over the medium to long-term
· Supply chain challenges remain heightened, but have recently shown signs of improvement

Highlights

· Agreement with Conduit and SGSC to acquire a 5% economic interest for a total consideration of £1.88 million, to be settled in new Cizzle ordinary shares at a price of 4.0p per share, a 56.9% premium to the closing mid-market price on 11 February 2022

· The Agreement is in addition to the Company's existing interest in AZD 1656 as announced on 20 September 2021

· SGSC recently reported the successful completion of the AZD 1656 ARCADIA clinical trial in Covid-19 and SGSC and Conduit are in discussions with multiple pharmaceutical companies about licensing opportunities for AZD 1656 for Covid-19 and potentially for further indications

· The Agreement supports the Company's ambitions to expand its target customer base into the pharmaceutical industry and is in line with its strategy of building a portfolio of early cancer detection tests, companion diagnostics and royalty bearing stakes in significant drug assets

Portfolio Company Update: Salarius, Ltd. ("Salarius")
Update on MicroSalt and SaltMe! Snacks - Bulk MicroSalt order received from FXM

Launch of STRiVE project

Respiratory viral strains suitable for challenge agents being collected from consenting volunteers

Haneti Project Diamond Drilling Programme - Drilling Complete, Core Logging and Sample Preparation Underway

Something leaking out

Looks like a leakage

Venus gusher

Closed with a 2m buy

I don’t think Total will say anything on venus in interview it would have to be via a RNS

They wouldn’t want to leak anything out while the drilling is still on going

LAHTOJOKI DIAMOND DEPOSIT UPDATE


· Final Meeting of National Land Survey scheduled

· Process to be completed by June

· Full Mining Permit for development thereafter