Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
I don't know how the initial investment will be structured to be honest with you. Everything else is circumstantial depending on the performance over the next few months. Fingers crossed we get a nice run of contract announcements to spark some fresh interest in here and see the sp respond accordingly.
'Pearson Education is the world’s leading education publisher and a member of the Digital Learning Marketplace consortium.' http://www.pearson.com/
DIGITAL LEARNING MARKETPLACE (DLM, 0.15p, £1m) COMPANY UPDATE If management can deliver only a fraction of their ambitious plans, then 2012 could be a transformational year for Digital Learning Marketplace, the company which, until earlier this week, was known as Intellego. Recent events, such as the award of notable contracts in the UK and Singapore, and the MOU relating to the Digital Learning Marketplace project could prove to be early successes achieved under the leadership of Andy Hasoon, the digital learning entrepreneur who reversed his PIXELearning business into the group last spring. Additional contract wins and potential acquisitions could transform DLM into a very different company within the next twelve months. Meanwhile, the DLM project will be launched later this year, benefiting from content provided by Pearson, one of the company’s key partners in the £1.5m development. Despite a modest placing late last year, the company is still financially challenged and will seek innovative solutions in order to execute its ambitious growth plans. As part of its rebranding exercise, the company has recently launched a new, highly informative website which can be found at (www.dlmplc.com).
Hello mate, i'm good thanks. Christmas and New Year very good cheers, yourself? I am still holding here and still adding as this has always been a long term investment for me. As you say the company has released some very upbeat RNS's of late, they made their first ever net profit in the full year results and the acquisition of PIXELearning is proving to be a very lucrative one. With regard to the current financial position and future issuance of shares I am not too worried to be honest. In the link you provided to the placing of 67,562,500 shares raising £135,125 the company stated 'As part of the placing arrangements the Company has agreed to subscribe for 21,915,229 ordinary shares for £90,948 in Athol Gold and Value plc, an investment company' so that only left them with £44,177 (Unless they have sold the shares already). As you know a company needs to raise funds to conduct acquisitions and expand and that is what 2011 was all about. Future issuance of shares is almost certain to progress the commercialisation of DLM but if it takes us another step closer to generating significant revenues I can only see it as a good thing. DLM has also been awrded grants which will help with the development. Plus if PIXELearning can keep pulling in the contracts which they have been doing very well so far the amount to be raised will hopefully be minimal. When the time comes and the company does need to raise further funds I would like to think that it will be at a substantial premium to the current share price as a couple more milestones should have been hit. Maybe an insti will come along and want a slice of the cake or possibly Denton will want to up his stake. Who knows. The statement you have highlighted below: "£327,000 of the liabilities are long term which can be settled by issuing shares" is by no means what will happen. If they need to they can issue shares to cover it but I cannot see that being necessary if revenues continue to grow, certainly if margins stay the same. PIXELearning looks as though it has a very exciting year ahead: http://pixelearning.wordpress.com/2012/01/04/2011-to-2012-what-a-difference-a-year-can-make/ With the current market cap standing at £0.97M it puts the company on a PE of 3. I am expecting increased revenues and profits this coming year and can only see this going one way from here. Good to hear from you and your views. Where are you invested at the moment? GL & ATB to you too.
Pick of AIM For organisations, the cost of taking employees away from the office to conduct training exercises can be crippling, in terms of both the financial and opportunity cost. The e-learning market is worth £472 million in the UK and is forecast to grow 12 per cent this year, but the market for digital learning products is around £5 billion. Education-focused entrepreneur Andy Hasoon has recently turned up as chief executive at Intellego. He intends to build a major player in the digital market, both in the UK and globally.Though training focused, the AIM company he inherited had lost its way. But the debt pile of £1.6 million has now been eliminated, and with new management on board Intellego has refreshed its ‘sales leads’ – indeed, the prospect pipeline has since doubled. In May it acquired PIXELearning, a ‘gamification’ business involved in serious games. This is the process of applying serious gaming techniques to the workplace – an area Gartner reckons will be used by 70 per cent of the Global 2000 by 2014.The plan is to develop off-the-shelf products that will be sold via subscription and pay-as-you-go. Research suggests that modern learners want to pick up content in bite-sized pieces – preferably at a time suitable to them.Stake in the marketIntellego has also picked up a stake in the Digital Learning Marketplace (DLM), a new learning platform intended to allow SMEs, corporations and professionals to access their day-to-day learning requirements. It has secured a £740,000 grant from the UK government, and has signed up Pearson Education and Ashridge Business School as participants. The DLM will have global appeal, but as part of a two-year development phase will not be fully operational until 2013.Within its existing business, Intellego has slashed overheads and is now selling products at much higher margins. In the year to March, it returned to the black with a £146,000 pre-tax profit (2010: £1 million loss) on sales down 14per cent to £1.6 million. It has since recorded a ‘significant improvement’ across all divisions. Hasoon is keeping his acquisition targets close to his chest, but for those that invest now the next few years should provide an interesting ride.Overseas expansion Hammersmith-based ILX Group originally listed as Time2Learn back in 2000, but is now a very different animal. Using a range of software and classroom-based learning, it is a best-practice training company that has trained over 500,000 people across more than 100 countries. ILX is the world’s leading provider of PRINCE2 training – a process-based method for project management, which is well regarded and used extensively by UK government. http://www.growthcompany.co.uk/features/1680493/pick-of-aim-by-miles-nolan.thtml
Name change from Intellego Holdings Digital Learning Marketplace plc is currently implementing a two-pronged strategy: firstly, it is securing organic growth through the thoughtful design and flawless execution of innovative new customer offerings; and, secondly, by instigating an aggressive, but selective, acquisition programme. We are a team of passionate and experienced digital learning experts. Together we have a strategy to consolidate the learning market – and in doing so, distill and democratise knowledge for a global audience. Recent presentation: http://dlmplc.com/presentations/
Thar coalfield development Javed Mirza Thursday, November 10, 2011 KARACHI: Sindh Carbon Energy Limited, an 80 percent-owned subsidiary of Oracle Coalfields, has submitted an application for a 30-year mining lease, with a 30-year extension, for the company’s Thar coalfield project. The mining lease would give the company full mining concession status and would demonstrate the support of the Sindh government for the project, it said in a statement. An official of Oracle Coalfields told The News recently that mining would start by 2012, if investment arrangements were finalised and all went well with the government of ****stan. Oracle Coalfields is making progress with its key Block-VI lignite Thar coalfield in Sindh. More than 6,000m of drilling was carried out at Block-VI by the company between August 2010 and February 2011 as part of a field work programme to support definitive feasibility study (DFS) of the area. Early indications are encouraging, suggesting Block-VI holds a 1.4 billion tonne resource with 371 million tonnes of reserves, the company says. Sources said Oracle might begin producing coal there by 2014, with the southern part of Block VI, known as Phase I, considered to be the most suitable for the initial phase of open pit mining. Oracle Coalfields is also very keen on supplying coal for power generation. It signed a memorandum of understanding (MoU) with Karachi Electric Supply Company (KESC) in December 2009, under which they agreed to collaborate for developing an initial 300MW mine-mouth power plant to be supplied with lignite coal from Block-VI. For long term contracting for Thar output, Oracle Coalfields secured a potential off-take deal with Lucky Cement, in January 2010, whereby Oracle Coalfields will supply its kilns with coal as it develops the Block VI project into a mine. An MoU between Sindh Carbon Energy Limited and Mines & Minerals Department, Government of Sindh, was signed in November 2007 for exploration and development of Block VI, Thar Coalfield. Subsequently an Exploration Licence was issued to SCEL. It may be mentioned here that the government has decided not to go for a cheaper and longer-term initiative to produce electricity by denying funds to the Thar Coal Underground Gasification (TCUG) project. The government allocated a mere Rs2.5 million in 2010 for the project being taken care of by leading nuclear scientist and member Planning Commission, Dr Samar Mubarakmand. In the new Public Sector Development Programme, the amount earmarked for this project is hardly anything, in view of the total cost of Rs126.649 million. Up to June 2011, the amount released by the government stood at Rs20 million. http://www.thenews.com.pk/TodaysPrintDetail.aspx?ID=76645&Cat=3 Seems this is still very much under peoples radars...
Oracle Coalfields submits mining lease for 1.4-billion tonne Thar project 9:01 am by Jon Mainwaring An independent coal consultant has defined a 1.4 billion JORC resource and proved JORC reserve of 371 million tonnes ****stan-focused Oracle Coalfields (LON:ORCP) announced this morning that its 80-per cent owned subsidiary in the country has submitted an application for a 30-year mining lease for the company’s Block VI Thar Coalfield project. Oracle plans to be a pioneering developer of the Thar Coalfield, which is located 380 kilometres from Karachi and covers a total area of 9,100 square kilometres. It has a total lignite coal resource that is in excess of 175 billion tonnes, and an independent coal consultant has defined a 1.4 billion JORC resource and proved JORC reserve of 371 million tonnes across the prospective mine area. The coalfield is also in close proximity to good infrastructure, with ongoing development of a road and power network in the region, according to the company. “The successful application for a mining lease would give the company full mining concession status and will demonstrate the strong continuing support of the Sindh Government for the project”, said Shahrukh Khan, Oracle’s chief executive. “This is another important step by Oracle Coalfields as we work towards bringing ****stan's first coal mine into production and thereby contributing a major foundation for the future economic well-being of the country.” Shares in Oracle were down 0.2 per cent at 7.36 pence each during early trading this morning. http://www.proactiveinvestors.co.uk/companies/news/35304/oracle-coalfields-submits-mining-lease-for-14-billion-tonne-thar-project-35304.html
Oracle Coalfields PLC (AIM:ORCP), the UK developer of a 1.4 billion tonne coal resource in the south-eastern desert of the Sindh Province, ****stan, today announces that its 80% owned subsidiary, Sindh Carbon Energy Limited, has submitted an application for a 30 year mining lease, with a 30 year extension, for the Company's Block VI Thar Coalfield Project. The Company aims to become the first producing coal mine in ****stan that will generate vital important benefits for the country's national economy as the pioneer developer of the Thar Coalfield. As part of the process for the issuance of the Mining Lease, the Mining Lease Application ('Application') was submitted to the Thar Coal Energy Board, Sindh Coal Authority, the Coal & Energy Development Department, and the Mines & Minerals Development, Government of Sindh. As part of the supporting comprehensive technical documentation submitted with the Application, an interim Environmental & Social Impact Assessment report has been also included. Sindh Carbon Energy Limited, currently has an exploration licence for Block VI of the Thar Coalfield. Shahrukh Khan, Chief Executive of Oracle Coalfields, said: "The successful application for a mining lease would give the company full mining concession status and will demonstrate the strong continuing support of the Sindh Government for the project. This is another important step by Oracle Coalfields as we work towards bringing ****stan's first coal mine into production and thereby contributing a major foundation for the future economic well-being of the country." http://investegate.co.uk/Article.aspx?id=201111080700226456R
On the corporate front, Oracle Coalfields (LON:ORCP) was among the most actively discussed stocks. Investors following the ****stan operating miner drew attention to the fact that the company is developing a 1.4 billion tonne coal resource in the Sindh province, ****stan, while its market cap stands at below £15 million. Some posters noted that as the company’s attributable resource stands at 1.12 billion tonnes, based on the share price, the market is currently attributing a value of just 1.3 pence per tonne of coal. Oracle investors are waiting for the release of the definitive feasibility study (DFS) over the Block VI, Thar coal project, which they said should lead to a re-rating of the shares as the markets realize the value of the company’s assets. The plan is to mine around 1 million tonnes a year from 2013, which will be sold to Lucky Cement and used to heat its kilns. Output will then ramp up to 2.5-3 million tonnes annually as its deal with the Karachi Electric Supply Company, or KESC for short, kicks in. http://www.proactiveinvestors.co.uk/companies/news/35267/
http://www.sbi.gos.pk/ICC-Presentation/6-Mr.%20Shahrukh%20Khan.ppt
I am not too sure what you are trying to imply by suggesting I have been on the MDZ board or that I have only just "tuned in" as you put it. My thoughts on IHP are quite simply. I think it is a great little growth company now, not a recovery stock. This temporary weakness due to the recent placing does not concern me in the slightest and I will be taking full advantage as and when I can.
Richard Smith: ”I want to build PIXELearning up to be a truly “Serious” serious games company!” My background is one of business development and business management. More years than I care to remember has taught me what does and doesn’t work whilst keeping an open mind for new emerging business models in any industry and how they may apply to ours. I personally think some new commercial models based more on the content than the technology will emerge over the next few years. Currently we choose the “delivery technology” rather than the content when making L&D decisions but I can see a time when the content becomes the key decision factor rather than how it is delivered. New technology like hardware such as iPad’s, smartphones, touch screens, Smart TV’s etc and the social networking and graphical applications that run on them will blur further the informal/formal training methods. Decisions will be made about the content and the instructional design that brings that content to life rather than the technology medium that delivers it. Unless you have been on secondment to the planet Makrini recently you must have heard of the “Gamification” initiative that is buzzing around at the moment, whilst I don’t agree with some of the principals behind it I feel it represents the very start of this process IMHO. As the title suggest I think the time has come when a serious game company can step forward and become a Serious serious game developer. At PIXELearning we are trying to get clients to focus on the fundamentals of learning and apply those to the strengths of good game design. Both of these are more important to a successful project than whether we use 2D or 3D, whether it is a true Virtual World or a flat representation. Think of the most successful games of all time and their game play; the representation of it is simple. It’s the framing of that game play combined with elements of competition etc that engages time and time again. Becoming part of Intellego Holdings is a major step and major statement of intent along this journey. Intellego is an ambitious elearning organisation building capability to compete with the best in the industry. In PIXELearning, Intellego Holdings now have immersive capability and a track record that their competitors cannot match. In Intellego Holdings, PIXELearning now have the financial stability and depth of resource to realise pent up potential that PIXELearning offers. It is time now for a serious game developer to “Cross the Chasm” Geoffrey A. Moore styli and to make significant impact and commercial success. PIXELearning WILL be that company. This is not the first time I have built businesses from incubation upwards and who knows whether it will be the last. But with the quality of team PIXEL outlined on this blog…look out learning world we’re coming… http://pixelearning.wordpress.com/2011/08/1
Fantastic results as I expected, what a major turnaround from last year! I expect to see a good rise today even in this current market. Could be the only blue in the pf! Shows what huge progress the company has made in such a short space of time.
I have been informed that the results should be released earlier than last year. Interims were released 9 months ago and the previous Final results were released on 3rd September 2010 so I would have thought any time between now and end of August. Looking at the interims, the maiden profit the company made and the fact the company had a sales pipeline with a value of £2.4 million I am expecting a good set. Crazy cheap atm IMO. GLA
http://www.investegate.co.uk/Article.aspx?id=20110503100000H1791