Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Blandford took £1m of the £2m. Some TR1's will hopefully show the other £1m went into safe sticky hands. Dont underestimate this management team.
Andrew McIver, former CEO of Jackpotjoy Plc and Sportingbet Plc, has accepted the position of Non-Executive Director (NED) at newly-launched igaming operator, B90 Holdings Plc.
B90, which aims to establish a portfolio of Europe-wide challenger igaming brands and media portals, has recruited McIver to serve as a corporate NED, guiding the business through its rapid growth phase.
An industry stalwart, McIver’s initial success in igaming involved leading the break-up of Sportingbet to GVC Holdings (formerly known as Entain Plc) and William Hill in 2012. This was a record-breaking deal with a sale value of £450m.
In 2016, he returned to the gambling boardroom as the CEO of Jackpotjoy Plc. He was tasked with overseeing the group’s reorganisation and transferring its listing from the Toronto TSX to the London Stock Exchange (LSE), actions which aimed to rejuvenate Jackpotjoy’s corporate valuation.
Since 2019, McIver has served as the Non-Executive Chairman of the leading Italian sportsbook Planet Win/SKS365, during which he oversaw the firm’s transformation and EBITDA growth from £25m to £65m.
In other developments, B90 has announced the appointment of Farzad Peyman as Chief Finance and M&A Development Officer. Ronny Breivik, Executive Chairman of B90, commented: “I am delighted to welcome both Andrew and Farzad to B90. I’ve had the privilege of knowing and working with Andrew for many years. He is a respected figure in the gaming industry, boasting a wealth of unparalleled experience. Farzad is also a significant name in the sector, and I’m pleased to collaborate with him once more.
“Andrew and Farzad’s appointments follow the recruitment of Mark Blandford, founder of Sportingbet plc, as a Strategic Adviser to B90 earlier this year. Our team is eagerly anticipating the pooling of our collective insight, knowledge, strategic experience, and networks. This collaboration will allow us to capitalise on the opportunities we have identified, setting the stage for robust growth.”
Under the radar.
Will be well over 15p before YE.
Massive news this
Director's purchase of shares
B90 Holdings (AIM: B90), the online marketing and operating company for the gaming industry , announces that, on 20 April 2023, Ronnie Breivik, interim Executive Chairman, purchased a total of 1,785,000 ordinary shares of no par value ("Ordinary Shares") at an average price of 6.81 pence per Ordinary Share. Following this purchase, Mr Breivik is interested in 20,147,047 Ordinary Shares (of which 8,600,000 Shares are via Entercreation Limited, majority owned by Mr Breivik) and a further 10,770,762 Shares through Performance Media SIA, in which Mr Breivik is a 34.65% shareholder, representing approximately 11.0% of the Company's issued ordinary share capital.
Same model as sportingbet. Small PLC vehicle now in place to acquire some meaningful gambling targets. B90 is going to be something special
Massive news. Blandford has taken £800k of the £2m placing. He’s converted his loan notes and now holds 17% . This will explode before YE . Blandford is no mug. Will B90 be the new sportingbet for blandford. Strap in here
75p fair value
Based on US exchange rate thats about £120m or 70p per share. BP only just getting started here IMO
Sage - just keep an eye on BP who are investing into wasteful. Look at the uplift in NAV over the past 7 months $68m to $148m. Extract here - Portfolio Company WasteFuel Announces $10m investment from bp
i(x) Net Zero PLC (AIM: IX.), the investing company which focuses on the Energy Transition, is pleased to announce that its portfolio company, WasteFuel Global, LLC ("WasteFuel"), has secured a $10m investment from bp, the multi-national energy company. The investment will further assist WasteFuel's plans to develop a global network of plants to convert municipal and agricultural waste into bio-methanol, a biofuel which could play a significant role in decarbonising hard-to-abate sectors like shipping.
bp's $10m investment, leading the Series B investment round, results in a a material uplift in the NAV attributable to the Company's holding in WasteFuel. Following bp's investment, the unaudited NAV of the Company's equity interest in WasteFuel is $131.69m, a 181% uplift from the last reported audited NAV ($46.91m as at 31 December 2022). Furthermore, the Company's Portfolio NAV has increased from $63.84m as at 31 December 2022 to $148.62m*.
Looks like $7.2m cash inflow from our tiny stake. Can see 50-60p by year end . Hopefully more news from BP too