Member Info for mulledwine

Highlights · Total Group sales pipeline of £76.2m at 31 January 2011 (31 January 2010 - £94.8m) · Acquisitions pipeline of £13.4m as part of our regular trading (31 January 2010 - £8.6m) · Acquisition of the "Hi Tricomm" MOD residential portfolio from Invista for £18.5m on 4 February 2011 which will be accretive to both NAV and recurring profit in the current year · From March 2011, portfolio valuation will be carried out twice annually at the half and full year (previously carried out annually at September) · Completion of Sovereign joint venture with Moorfield, generating £17.5m of cash for the Group · First steps taken in re-shaping Group debt through the agreement on 8 February 2011 of a £100m ten year facility with M&G

http://www.investegate.co.uk/Article.aspx?id=201102090700079039A

PDX is pleased to announce today that its Ethanol Reactor System ("ERS") installation at Pacific Ethanol Inc.'s Columbia Plant near Boardman Oregon USA is now moving into commercial production. PDX and Pacific Ethanol are in the process of agreeing formal terms for the full commercial use of the ERS, which will start operating in the Optimization mode, and PDX expects that revenues will be generated during this calendar quarter. The installation of the ERS at Boardman has confirmed its stability, quality and viability for the corn ethanol market. The installation at Boardman will also begin validating the Cycle Time mode, which will enable more cycles to be run, thereby enhancing the total volume of ethanol produced and the return to PDX. Commenting on the announcement, Roel Pieper, CEO of PDX, said: "Today's announcement is a significant milestone in the commercial development of our biofuels business and I am looking forward to announcing further commercial developments as the remainder of our bioethanol plants enter commercial production."

John Teeling the chairman of Botswana Diamonds commented: "While this is the first major project for Botswana Diamonds, we have been working on these Orapa kimberlites for some eight years. In recent months, we undertook a study to identify the minimum cash value per ton of ore necessary to sustain viable operations ranging from a quarrying and trucking project to a stand alone mine. This work will help to establish the potential revenue per ton by improving our grade estimates and by giving us sufficient diamonds to establish a reasonably accurate value per carat. The focus will be on BK5 located near the Damtshaa diamond mine. This is the biggest known kimberlite in our portfolio, with historical grades of 7 cpht. Assuming this grade holds up then the value of each carat will be critical. AK8 and AK9 are located close to the AK6 mine coming onstream later this year and within trucking distance of Lethlakane. Gemcore Sampling, the project manager, will be on the ground by March. Processing will take place in Botswana, so results should begin to flow in four months."

Bulk Sampling Programme Commissioned for Botswana · 11,000 ton sampling programme on three kimberlites in the Orapa region of Botswana to begin in March and is expected to take nine months to complete · 9,000 tonnes to be taken from BK5 and 1,000 tonnes each from AK8 and AK9 · Objective is to establish grade and value per carat to evaluate economic viability The board of Botswana Diamonds (AIM:BOD) announces the commissioning of an 11,000 tonne bulk sample on three kimberlites, BK5, AK8 and AK9 in the Orapa region of Botswana. These kimberlites are known to contain diamonds and were the subject of a recently completed commercial scoping study. A 9,000 ton sample will be taken from BK5, which has an estimated size of 7 hectares and a historical grade estimate of 7 carats per hundred tonnes (cpht). Samples of 1,000 tonnes each will be taken from near surface, higher grade lobes of the AK8 and AK9 kimberlites. This work is aimed at establishing the value of a ton of ore in the ground. Development options include a small, stand alone low cost mine or becoming a satellite supplier to one of the existing diamond mines in Botswana. The work, costing $1 million, will be undertaken on a turnkey basis by Gemcore Sampling of South Africa and is expected to take nine months to complete. First results can be expected by June 2011.

http://www.investegate.co.uk/Article.aspx?id=201102090700098987A

Commenting, Jordan Soko, Acting Chief Executive of African Copper Plc, said, "The additional funds raised will allow the Company to invest in the infrastructure that our high quality assets deserve. The debt conversion highlights the continuing support of ZCI for African Copper in its strategic objectives to exploit these assets for the benefit of all shareholders." Tom Kamwendo, Chairman of ZCI Limited added: "We continue to regard African Copper as a good investment and our loans will help the management team to build production and unlock value from the Mowana Mine and the adjacent Thakadu-Makala deposits."

http://www.investegate.co.uk/Article.aspx?id=20110209070214M1741

http://www.investegate.co.uk/Article.aspx?id=201102081241228768A One for the diary

http://www.investegate.co.uk/Article.aspx?id=20110208081712M9011

Commenting on the announcement today Haydn Gardner, CEO of Rheochem, said: "We are very pleased to have signed the eighth extension to our contract with Contact Energy. It is a testament to our expertise and service that Contact has continued to utilise our products and services for their Geothermal programme and we look forward to working with them on this exciting project."

Rheochem Plc (AIM:RHEP), the oil and gas business with oil services, production, development and exploration assets is pleased to announce that it has extended its drilling fluids and related services supply agreement with Contact Energy Ltd for up to a further eight geothermal wells. This is the eighth subsequent extension since the contract was originally signed in April 2005. Contact Energy is one of New Zealand's leading electricity generators and retailers, and one of the country's largest listed companies. It is also one of the biggest generators of renewable geothermal electricity in New Zealand. Rheochem has an established position in the geothermal market with operations in Australia and New Zealand. This represents a large opportunity for Rheochem and given the high barriers to entry due to the technical expertise needed to operate in the space, Rheochem has a unique position and competitive advantage.

http://www.investegate.co.uk/Article.aspx?id=201102080816048494A

AGM and Interim Management Statement At the Annual General Meeting of Victrex plc to be held today, Chairman Anita Frew will make the following statement which comprises Victrex's Interim Management Statement covering the period from 1 October 2010 to date: "We are pleased to report that Group sales volume for the 1st quarter ended 31 December 2010 amounted to 682 tonnes, a 43% increase over the 478 tonnes recorded in the same quarter in the previous financial year. This strong performance has continued through January 2011 to date. Although forward visibility on sales volumes remains limited, underlying trends are encouraging across all our major market segments. As was anticipated, gross margins have been maintained in-line with those of the second half of the financial year ended 30 September 2010. The Group remains in an excellent financial position with a healthy balance sheet, strong cash generation, and no significant changes in the financial position of the Company since 30 September 2010." The Company's trading update for the six months to 31 March 2011 will be issued on Thursday 7 April 2011.

http://www.investegate.co.uk/Article.aspx?id=201102080700058216A

The Chief Executive Officer of CAML, Nick Clarke, commented; "It is pleasing to see the speed with which the Ministry responded to our request to review their decision on our Ereen licence and gratifying to receive such a favourable response. Mongolia remains a key region for CAML and we remain committed to our exploration projects, namely, Alag Bayan copper/gold, Handgait molybdenum and the Ereen gold projects. The authorities have shown their willingness to address matters of dispute in a fair and equitable manner.

Ereen Licence Status, Mongolia Central Asia Metals (AIM:CAML), a mining exploration and development company focused on base and precious metals in Central Asia, is pleased to announce that the Ministry of Mineral Resources and Energy of Mongolia has confirmed that CAML's Ereen licences have been removed from the list of licences in country liable to be revoked. On 8 December 2010 CAML issued a press release concerning the potential termination of three of its Ereen licences. On 17 November 2010 the Government of Mongolia published a list of 254 mineral licences in the country that they intend to revoke. As formerly stated, CAML sent letters to the Department of Mineral Resources, Ministry of Mineral Resources and Energy, and Ministry of Environmental Protection and Tourism questioning the inclusion of our licences in the published list. CAML can now confirm that it has received confirmation from the Ministry of Mineral Resources and Energy of Mongolia that the Ereen licences have been removed from the Ministry's list of mining licences under consideration for termination. All three licences are considered hard rock deposits and therefore are not defined as alluvial as previously described by the Ministry of Mineral Resources and Energy.

http://www.investegate.co.uk/Article.aspx?id=201102080700058134A

London, UK, and Cambridge, MA: 8 February 2011 Antisoma plc (LSE: ASM; USOTC: ATSMY) announces its interim financial information for the period ended 31 December 2010. Announced today * Steps initiated to find a transaction that maximises value of cash and assets * Company will by 31 March 2011 reduce operation to 10 or fewer staff to minimise ongoing operating costs whilst ensuring receipt of long-term receivables * Actively looking at all options to maximise shareholder value * Board downsizing to be announced shortly Recent developments * AS1413 discontinued after phase III trial misses primary endpoint (January) * AS1411 phase IIb trial in AML stopped (January) Financial highlights * Cash and short-term deposits at 31 December 2010 of GBP 23.4 million (31 December 2009: GBP 49.6 million) * Revenues of GBP 0.3 million (H1 2009: nil) * Loss after tax of GBP 15.4 million (H1 2009: loss of GBP 18.3 million) * Impairments to be recorded in H2 Glyn Edwards, CEO of Antisoma, said: "We are very disappointed that AS1413 did not succeed. However, we are now seeking to deliver the maximum value to shareholders from the remaining assets of the business."

http://www.investegate.co.uk/Article.aspx?id=20110208070000H6343