Member Info for knicol46

placing to raise a whopping £26m

the will want something positive to talk about - increase in share price tomorrow would do before AGM Thursday

movement going on.. news to follow As noted in the Company's interim results announcement on 17 September 2015, in light of the current state of the oil and gas market, the Company continues to implement initiatives aimed at further diversifying the Company's offering and identifying new sectors of operation. In particular the Company is targeting increased workflow arising from potash development in Ethiopia.

few mins ago

something behind the scenes

expected

unusual positive movement

With capital in the bank and a significant asset inventory there remains opportunity; both within Africa and potentially beyond. In this vein, the Board is in discussion with a number of asset financing banks with regards to potential acquisitions and expansion opportunities. Further afield the Company has been approached by a number of parties about potentially forming joint ventures with regard to the provision of wide ranging support services, particularly in the oil and gas space. Additionally there are a number of businesses which require the expertise that we can offer as regards restructuring and delivering an international standard offering. The Board is assessing a number of opportunities in this context in jurisdictions which are newly opening up for oil and gas, where our ability to operate in challenging environments is recognised and valued. Furthermore, with our primary London listing and dual listing in Kenya the Company is seen as having strong credentials and therefore an attractive operational partner. The pipeline of opportunities remains in place although conversion timings are hard to predict in the current environment. With cash at bank of US$6.1m, a highly experienced proven operational team, a strategic plan in place and prudent cost management, the Company appreciates continued shareholders support as we look to rebuild value.

slow movement so far

an incentive to do well for shareholders.. Given the developments occurring for the Company at this time and the crucial period approaching in the next twelve months which are expected to deliver significant improvements in the Company’s performance, the Board believes now is an appropriate time to further incentivise long term profit maximisation in line with shareholder interests and therefore to grant options to those who will have made significant contributions to such increase in profits.

08/04/2015: Hyundai/Rockar showroom generating ongoing revenue for the 1st 4 months of 2015 and beyond. Revenues totalling nearly £1m to be recognised in 2015. 04/08/2015: Since April further business has been added, working with Adidas on an ongoing basis, 2 deployments in the UK, 1 in Germany – another in the UK and Belgium to follow this month. The Group is currently tendering for three more stores with this retailer, in a highly competitive environment. Combined total revenue of these projects is £500k+. 10/09/2015: Stock options granted @ premium price of 0.35p. Options vest 6 months after being granted. 13/10/2015: Additional business secured from Hyundai and Rockar. Continued work with Adidas and new deployments for the Post Office Ltd. New clients gained include Diesel, Molson Coors and John Lewis Partnerships. Combined revenue is approx £1m delivered before end of 2015. Results up to 30 Sep 2015 to be released in Nov 2015.

https://www.google.co.uk/finance?q=LON%3AADSS&ei=X04uVqGSLobIUdbEqJAB

The Company became debt free for the first time since 2004 with the repayment of A$125m of convertible bonds on 2 July 2015. Consolidated cash at bank (which includes FinnAust Mining) was A$60.3m. FINNAUST MINING Plc (WSA 60%) Following the drill program undertaken in the June quarter, FinnAust commenced a review of its three Finnish projects and set-out to formulate its future exploration strategy to support these assets, whilst also considering opportunities to expand its corporate footprint. The focus going forward is to further understand the resource potential of the three Finnish licence areas and finalise the next phase of exploration. Initial activity is focusing on Outokumpu, with the work program including mapping, sampling and reinterpretation of new geophysical data. Further updates regarding any proposed exploration work at Hammaslahti and across the wider portfolio will be made as soon as practicable. FinnAust continues to identify strategic opportunities for the continued expansion of its European/Scandinavian footprint and is seeking ways to monetise an 80% interest in the Mitterberg Copper Project in Austria.

'TalkTalk is also facing an investigation by the Information Commissioner, who could impose a fine of UP TO £500,000 if the company is found to have breached data protection rules.' Thats less than 0.7% of their total 2015 profit customers made them. TalkTalk only made £72 MILLION FULL 2015 YEAR PROFIT from customers last year after tax - up 157.1% on previous year. TalkTalk customers have been left furious after being told they will be fined hundreds of pounds for cancelling their accounts. One customer concerned about security was warned she would have to pay a £247 penalty to be released from her contract.

finally movement!

trade @ full offer

tick up expected

+2% small start - will quickly climb on few buys

with contracts heading our way. Even a director bought £49,700 worth @ 9.94p just few weeks back - gives confidence

next band coming up