Member Info for jange

Highlights:

· Financial: Water Intelligence revenues grew strongly by 15% to $8.3 million (1Q 2019: $7.2 million); profits before taxes (statutory) grew strongly by 35% to $0.7 million (1Q 2019: $0.5 million)

Key Performance Indicators

o Franchise: American Leak Detection franchise royalties grew 4% to $1.8 million (1Q 2019: $1.7 million)

§ Implying approximately $25 million in year-to-date gross sales to third parties from which royalty is derived

o Franchise-Related Activities: business-to-business insurance channel; equipment sales, franchise sales grew 11% to $2.1 million (1Q 2019: $1.9 million)

o US Corporate-Operated Locations: grew 29% to $3.6 million (1Q 2019: $2.8 million)

o International Corporate-Operated Locations: grew 14% to $0.8 million (1Q 2019: $0.7 million)

§ Includes UK municipal operations and full-service operations in Ontario, Canada and Sydney, Australia

o Net Cash (Cash minus Total Borrowings and Deferred Consideration for Franchise Reacquisitions through 2025): ($0.13) million

o Water Intelligence profit before taxes adjusted for non-cash expenses (amortization and share-based payments) comfortably in-line with expectations growing 38% to $0.83 million (1Q 2019: $0.6 million)



· Corporate Development:

o Successful National Convention for American Leak Detection in Scottsdale, Arizona March 11-14 with launch of next five-year growth plan for franchise system

o Proprietary sewer diagnostic product for residential use on track to be rolled-out in the US by 1 July 2020 (municipal version currently used at sites in UK and US)

o Technology product for e-commerce from Entertainment AI to be rolled-out in US on track for 3Q (Company working with insurance companies to market/resell water monitoring products and provide leak detection services)

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RNS Number : 4020L
Water Intelligence PLC
30 April 2020



Water Intelligence plc

Trading Update 1Q 2020

Water Intelligence plc (AIM: WATR.L) ("Water Intelligence" or "Company"), a leading multinational provider of precision, minimally-invasive leak detection and remediation solutions for both potable and non-potable water is pleased to provide a trading update for year-to-date through the end of the first quarter.

Results for 2020 through 1Q show continued growth in revenue and profits; results are comfortably in-line with expectations for both revenue and profit before taxes (statutory and adjusted).

Given the onset of the Covid-19 crisis during 1Q, the Company has shown strong execution and remains on track to deploy a new proprietary sewer diagnostic product to serve customers in navigating a public health issue of pipes clogged with sanitary wipes during the crisis.

Highlights:

· Financial: Water Intelligence revenues grew strongly by 15% to $8.3 million (1Q 2019: $7.2 million); profits before taxes (statutory) grew strongly by 35% to $0.7 million (1Q 2019: $0.5 million

Looking more promising for a deal soon..and four days of blue glad i had my top up last week good luck all.....

No not really.. the investment was in the salford keys tro...i'm the same as you have two a/c one for trading and one long term.....and WRES definitely falls in the long term category lol.....

Dont rush my time mate 5yrs not 4yrs lol........Haroldhadrada thats a shot from the past the good old days mate.. hope WRES has a better ending than ORE did

HI Mate nice to hear of you...Rich is studying Alevels at present...wants to do air traffic control in the RAF mate....And yes taller than me now...missing his kickboxing with the lock down though....im still invested here managed to increase my holding here from 20m to 25 m shares now for my sins......

Sounds pretty feasible to me lol.....Anyway GIT hows things going here, been a bit busy delivering medication ruraly in spare time while this corona nightmare continues...

COMPANY WINX

Still holding....luck just hasn't been with us, at some point its got to change good luck all.....

Alaska North Slope



The Joint Venture ("JV"), as part of a collective strategy, engaged with a number of major Alaskan operating companies during the quarter with respect to a potential sale of its interest in the Western Blocks. Despite receiving indicative interest from three parties, the current state of global equity and specifically oil markets have made progressing any such potential transaction(s) particularly difficult. The operator, on behalf of the JV, is in discussions with the relevant regulatory authorities in Alaska in relation to seeking relief on the rentals due on 1 May 2020 and whilst there is no guarantee that such discussions will result in any relief being granted, the Company will provide an update upon any such eventuality.

Great Western Mining Corporation PLC (AIM - GWMO, Euronext Growth - 8GW) is pleased to announce that the U.S. federal Bureau of Land Management ("BLM") has now formally approved applications for surface disturbance works at the Mineral Jackpot ("MJ") and Rock House group ("RH Group") gold and silver prospects on the Company's acreage in Mineral County, Nevada, for an initial period of two years which may subsequently be extended in two-yearly increments. Each permit will allow for five acres of disturbance and for subsequent exploration drilling.



The planned initial works include construction of thirteen trenches across the two project areas, seven of which will be at RH Group and six at Mineral Jackpot.



The seven trenches at RH Group will traverse both the Eastern Shear Zone and the Southern Alteration Zone prospects, located in the most desirable areas relative to the geochemical soil anomalies and previous geological mapping and sampling. The surface trenches are designed to delineate areas of significant precious metal mineralisation which will be followed by a targeted drilling campaign.



The six trenches at Mineral Jackpot will be located across the largest two of the currently identified vein sets, recognised by previous geological mapping and highlighted during the soil sampling programme conducted at the end of 2019, results of which have already been reported to shareholders. The trenching programme has been designed to verify the strike extents of the vein system at Mineral Jackpot and should provide valuable information on the vein widths and precious metal tenor. A successful programme will be followed by drilling on the best targets, along with further trenching across the remaining soil anomalies.

Executive Chairman Brian Hall commented: "Achieving these permits is an important step in our programme of exploiting gold and silver on our claims in Mineral County, Nevada. Given the current COVID-19 situation, we are pleased that our application for these permits have been expedited in such a timely manner. In common with enterprises around the world, Great Western is currently under lock-down and Company personnel are unable to travel. However, these permits will enable us to move rapidly as soon as circumstances permit.

.lse.co.uk/rns/GWMO/permit-approval-and-operational-update-vl19p3f6r8

TO true good to be back up to 0.2s next stop mid 0.2s feels like weve got some legs here at present...and spain out of lockdown for constructing and mining etc.lets hope the updates inprove productivity good luck all..........

Exactly..mineral jackpot area is going to be the key for the company going forward......

Agree holding up well....still topping up anything under £3 is a buy for me good luck all....

This will recover some ground...but will take some very good news to get back to 1p plus,disappointing result from charlie but that's the nature of exploration...just cant believe the bad luck 88 have had with icewine drills and winx and now charlie drill ...well we can export the gas to the usa lol....

Been watching this for some time...decided to take a position on Thursday believe the company is in a good position going forward when the pandemic is over good luck all....

Mickey looking very promising mate.....

Great RNS looks very positive....well done drilling team.