Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
News Analysis: CPEC to enable ****stan to break debt shackles through wealth creation
Source: Xinhua| 2021-10-07 00:24:50|
by Misbah Saba Malik
ISLAMABAD, Oct. 6 (Xinhua) -- The China-****stan Economic Corridor (CPEC) has time and again been targeted by some Western media and think-tanks as a "debt trap" for ****stan, but the situation on the ground bears witness that it is enabling the country to break the shackles of the Western loans through wealth creation.
****stani experts and officials believe that the "debt trap" rhetoric is highly miscalculated and is a futile attempt to play down the benefits the CPEC is bringing to ****stan.
Addressing a press conference here on Wednesday, the country's Minister for Planning, Development and Special Initiatives Asad Umar said the world's eyes are fixed on the CPEC, and some forces in the world do not want to see it succeed so they try to malign it through negative propaganda as being "non-transparent, having debts of high interest rates and being a threat to ****stan's debt sustainability."
Contrary to the false propaganda, the CPEC is very transparent, and it is being monitored by both houses of ****stan's parliament, Umar said, adding that the details of the power plant projects under the CPEC are also accessible to everyone on the website of the National Electric Power Regulatory Authority.
Negating a recent report by a U.S. research lab regarding the high interest rates of CPEC loans, Umar said that both the ****stani government and the private sector borrowed loans for CPEC power projects, adding that the interest rate for state-owned projects' loan was an average of 2.4 percent while the interest rate for the private sector is not high either.
"China also provided grants to ****stan including a recently completed vocational training institute in Gwadar, and the Gwadar airport, Gwadar hospital, etc., and interest-free loans for infrastructure network in Gwadar. If the grant and these loans are added then the net effective rate of interest on CPEC infrastructure projects is about 1.98 percent," he added.
Umar said that even the Chinese loans to the private sector of ****stan are cheaper compared to other international lenders including the Asian Development Bank.
Talking about the challenge of debt sustainability his country is facing, Umar said it is a big challenge on which the current government is working, but the challenge has nothing to do with Chinese loans.
"Chinese debt is about 10 percent of ****stan's total loan, and 26 percent of the total external debts. So how can it (the U.S. research lab) say that this 26 percent is a threat to ****stan's debt sustainability and not the other 74 percent which ****stan owes to the Western lenders?" he added.
In a conversation with Xinhua, Inam-ul-Haque, a political sociologist, said that the CPEC has the potential to remove the financial woes of ****stan because it set the solid base of industrialization by fulfilling
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Silver is a critical base metal; technology can't evolve without it - Silver Hammer President
Neils Christensen Neils Christensen
Tuesday October 05, 2021 15:46
Kitco News
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here!
(Kitco News) - The silver market remains extremely volatile as the price manages to hold support above $22.50 an ounce. However, one mining executive said that silver remains an attractive long-term investment as it moves closer to becoming an essential metal for the global economy.
In a telephone interview with Kitco News, Morgan Lekstrom, president of Silver Hammer (formerly known as Lakewood Exploration), said that the global push to develop green energy infrastructure and the growing popularity of electric vehicles are critical drivers for silver's industrial demand.
Lekstrom added that as technology evolves, he sees silver as a critical metal for global growth, playing a similar role as copper.
"You can't have robust economic growth without copper. Silver will be the same thing as technology advances," he said.
With so much fundamental support, Lekstrom added that investors should look past the near-term volatility. He said that he sees silver market is seeing some short-term mid-cycle weakness in what is a decades-long bull market.
"There is coming a time here, in very short order, where silver production will under-pacing demand," he said. "If there's not enough supply and there's more demand, the price is going to go up."
While interest is expected to build in silver, Lekstrom said he sees the same thing happening for the mining sector, which has also struggled to attract investor attention this year.
Lekstrom said it is only a matter of time before interest returns to the mining sector as more companies feel the growing effects of the global supply crunch.
"Nobody is paying attention to where things are coming from, but that will change. When companies start to worry about how they are going to get the next smartphone to the market or the next electric vehicle, then you will see a new focus on mining," he said. "The baseline for all economies is commodities like copper and silver."
Lekstrom said that with so much potential in the market, now is an exciting time to be a junior silver miner. Silver Hammer is a new player in the market but has been aggressively expanding its resources and projects.
The company initially went public in May with its flagship Silver Strand project, which is within Idaho's renowned Coeur d'Alene mining district. 1.2 billion ounces of silver has come out of the dist
RNS Number : 8748N
Brandshield Systems PLC
04 October 2021
4 October 2021
BrandShield Systems Plc
("BrandShield" or the "Company")
Grant of Employee Options
BrandShield Systems plc (AIM: BRSD), a leading provider of cybersecurity solutions from brand protection to online threat hunting, announces that it has issued options over a total of 1,680,000 ordinary shares of 1p each ("Options") to new employees recruited in the past few months and one existing employee, all at an exercise price of 拢0.25.
The Options vest over a four-year period, with 25% vesting after 12 months and the remaining Options vesting in equal quarterly instalments.
-Ends-
For further information please visit https://www.brandshield.com/ or contact:
BrandShield Systems plc
Yoav Keren, CEO
+44 (0)20 3143 8300
Spark Advisory Partners Limited (Nominated Adviser)
Neil Baldwin / Andrew Emmott
+44 (0)20 3368 3554
Shore Capital (Joint Broker)
Toby Gibbs / James Thomas / Sarah Mather (Corporate Advisory)
Henry Will****s (Corporate Broking)
+44 (0)20 7408 4090
Tennyson Securities (Joint Broker)
Peter Krens
+44 (0)20 7186 9033
Vigo Consulting (Financial Public Relations)
Jeremy Garcia / Antonia Pollock
brandshield@vigoconsulting.com
+44 (0)20 7390 0237
**ENDS**
The notification below, made in accordance with the Market Abuse Regulation, provides further details in relation to these PDMR dealings.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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END
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Softprom is a leading Value Added IT Distributor in the CIS and Eastern Europe markets which is trusted by more than 1200 partners. The company was founded in 1999 and today is represented in more than 30 countries.
Excellent news !!
Yes , very impressive ??
WILLIAM CURRIE GROUP RECOGNISES & SUPPORTS GROWTH POTENTIAL
We have the people, expertise and capital to enable sustainable, rapid growth and have an strong track record of guiding young businesses through challenging fast growth situations, which require rapid operational scaling.
Bill is the founder of the William Currie Group, which specializes in investments in the retail, e-commerce and tech sectors. Previously Bill was a top-ranked, multi award-winning retail analyst for Barclays (BZW), Hoare Govett and Charterhouse Securities, where he was Joint Managing Director. Key past investments have included ASOS, Boohoo, The Hut Group, Zooplus, Caff茅 Nero, my Energi, Metapack and Anatwine.
year results for 6m ended 30 June 2021
BRANDSHIELD SYSTEMS PLC
Released 07:00:07 13 September 2021
RNS Number : 4844L
Brandshield Systems PLC
13 September 2021
13 September 2021
BrandShield Systems plc
("BrandShield," the "Company," or the "Group")
Half year results for the six months ended 30 June 2021
BrandShield Systems plc (AIM: BRSD), a leading provider of cybersecurity solutions from brand protection to online threat hunting, in fast-growing markets including cybersecurity, e-commerce and technology-enabled businesses, announces its results for the six months ended 30 June 2021.
Financial highlights
路 Annual Recurring Revenue1 ("ARR") at 30 June 2021 was $3.89m, up 65% compared to June 2020 (June 2020: $2.35m), and up 18% vs. December 2020 (December 2020: $3.28m)
路 Strong momentum continued with the August 2021 ARR figure at $4.32m, up 79% vs. August 2020 and up 31% vs. December 2020
路 Delivered revenues of $1.77m in H1 2021, up 64% vs. H2 2020
路 Cash of $2.07m at period end (31 Dec 2020: $3.20m)
Operational highlights
路 Strong new business momentum achieved in the first half of 2021, increasing by 23 customers in the period to 100 customers, with growth continued to 108 customers by end of August 2021
路 BrandShield continues to broaden its sector reach servicing clients across the financial, services, pharmaceutical, fashion, cryptocurrency, entertainment, sports, and cosmetics sectors
路 52% increase in headcount to 44 (December 2020: 29) primarily in the operational, sales and marketing functions, to further expand the company's sales footprint and drive additional ARR growth
路 Cutting edge Image Recognition and OCR technologies launched in January 2021 and extended to cover social media platforms in March 2021.
Post period-end and Outlook
路 Sustained traction for BrandShield's products has continued into the second half of 2021 as the Company's focus on the top line and customer conversion comes into fruition
路 New business pipeline remains strong reflecting ongoing market demand for BrandShield's cybersecurity solutions of Brand Protection and Online Threat Hunting
路 BrandShield remains well-placed to benefit from these trends as R&D continues to underpin the Company's market leading proposition
路 The Board is confident in the Company continuing to trade strongly in the second half of 2021 and performing in-line with expectations for the full year
Yoav Keren, Chief Executive Officer of BrandShield, commented:
"We are delighted to report strong trading across the first six months of 2021. With the successful listing on AIM now behind us, our team has been able to fully focus on building out our sales footprint and further expanding our market reach.
"The strong customer traction experienced already this year is not only representative of the demand for cybersecurity solutions across the market, but also
https://www.mining.com/copper-price-scales-9000-after-goldman-calls-it-the-new-oil/
https://www.mining.com/copper-price-scales-9000-after-goldman-calls-it-the-new-oil/