Member Info for mulledwine

Another decent contract - could easily see a good 10% from here over the next week or so

"Cobham's proven fuel tank inerting experience on military combat helicopter programmes provides our warfighters with added protection while performing their missions in a high threat environment." said Kelly Coffield, president of Cobham Life Support. "In 1985 Cobham pioneered the first OBIGGS application on the US Army AH-64 Apache helicopter and we continue to enhance our products with the latest technology." More than 1,500 Apache helicopters with Cobham NIUs have been delivered worldwide. The Group remains the world-wide leader in military OBIGGS providing solutions since 1985 on more than 2,400 aircraft flying today, ranging from military helicopters, military transport aircraft like the C-17 Globemaster, to regional and commercial platforms such as Boeing 787 Dreamliner. Cobham OBIGGS systems have logged more than five million flight hours total experience including 12 international customers. The Group can tailor the modular range of proven OBIGGS to fit a wide range of applications.

Cobham to Supply OBIGGS Inerting Units for US Army Apache Helicopters under $15m IDIQ Contract Cobham has been awarded a five-year Indefinite Delivery, Indefinite Quantity (IDIQ) contract valued at some $15 million to supply On-Board Inert Gas Generating System (OBIGGS) Nitrogen Inert Units for US Army AH-64 Apache helicopters. Cobham is providing a new configuration of Nitrogen Inert Unit (NIU) that will increase safety, improve supportability, and extend sustainment for another 30 years. This award was announced by the US Defense Logistics Agency - Redstone Arsenal on 4 September 2012. The OBIGGS fulfils a critical aircraft safety system role by displacing fuel tank vapours with inert nitrogen gas, reducing the risk of explosion. Work will take place at Cobham Life Support's Centre of Excellence in Davenport, Iowa.

http://www.investegate.co.uk/Article.aspx?id=201209070700067041L

FIRST QUANTUM ACQUIRES 19.2% OWNERSHIP STAKE IN EMPIRE MINING CORPORATION First Quantum Minerals Ltd. ("First Quantum" or the "Company", TSX Symbol "FM", LSE Symbol "FQM") today announced that it has acquired ownership of an aggregate of 15,000,000 common shares ("Common Shares") in the capital of Empire Mining Corporation ("Empire") by way of a private placement (the "Private Placement") undertaken in reliance upon the minimum amount exemption available under applicable Canadian securities laws. The Private Placement was completed at a price of C$0.10 per Common Share, for a total purchase price of $1,500,000. As a result of the Private Placement, First Quantum has ownership of an aggregate of 15,000,000 Common Shares, representing 19.2% of the 78,134,977 Common Shares outstanding immediately following completion of the Private Placement. For purposes of calculating the percentage of Common Shares owned by First Quantum, First Quantum has assumed that there were 63,134,977 Common Shares outstanding prior to completion of the Private Placement, as disclosed by Empire in a binding letter agreement with First Quantum entered into on August 17, 2012 (the "Letter Agreement").

http://www.investegate.co.uk/Article.aspx?id=201209070700087379L

Commenting, James F. Park, Chief Executive Officer of GeoPark, said, "We are pleased with the success of this financing, which will further support our intended rapid growth in Colombia and also to begin an important long term partnership with Banco Itau BBA - a key financial force in Latin America."

US$37.5 MILLION FINANCING SECURED FOR COLOMBIAN ASSETS GeoPark Holdings Limited ("GeoPark" or the "Company") (AIM: GPK), the Latin American oil and gas exploration and production company operating in Chile, Colombia and Argentina, with interests in 19 hydrocarbon blocks and 3.9 million gross acres under licence, is pleased to announce the execution of a US$37.5 million term loan facility (the "Facility") from Banco Itaú BBA S.A.- Nassau Branch. GeoPark will use the proceeds to finance the acquisition and development of the La Cuerva and Llanos 62 blocks. These blocks represent two of the ten production, development and exploration blocks, which GeoPark currently owns in Colombia. The Facility, which will have a maturity of five years, amortizing from month 21 in 14 equal quarterly instalments, is ring-fenced by and secured against 100% of the capital of GeoPark Llanos SAS, the owner of the La Cuerva and Llanos 62 blocks. Interest on the Facility is charged at market rates.

http://www.investegate.co.uk/Article.aspx?id=201209070700077243L

Ian Armstrong, Director of Project Management, Healthcare, at Sweett Group added: "We are honoured to have been selected again by KBZF to lead and deliver another charitable healthcare project on their behalf. The KBZF Major Trauma Hospital in Sharjah is a much needed facility which will present a series of challenges. However, working in a collaborative spirit with KBZF and the appointed operators, consultants and contractors, Sweett Group is well positioned to manage the design, delivery and commissioning of this prestigious project to the expectations of our client KBZF, all Statutory Authorities, the people of Sharjah and the Northern Emirates." The Sharjah hospital project is Sweett Group's third major commission on behalf of KBZF, having already supported the organisation in the delivery of the Oxford Centre for Islamic Studies in the UK and H.H. Sheikh Khalifa Bin Zayed Al Nahyan Specialised Hospital in Casablanca, Kingdom of Morocco, currently under construction. Sweett Group is recognised worldwide as a leading consultancy in the healthcare industry. Recent appointments include working with the National Guard Health Affairs (NGHA) in the Kingdom of Saudi Arabia to provide health planning services on the Riyadh Neurosciences, Jeddah General, Jeddah Specialised Paediatric, Taif General and Qassim General Hospitals.

Sweett Group appointed project managers on new major trauma hospital in Sharjah Sweett Group, the international property and infrastructure consultancy, is delighted to announce it has been appointed by the Khalifa Bin Zayed Al Nahyan Foundation (KBZF) to undertake project management services with respect to the delivery of the prestigious H.H. Sheikh Khalifa Bin Zayed Al Nahyan Major Trauma Hospital in Sharjah, UAE. The hospital is a charitable gift from H.H. Sheikh Khalifa Bin Zayed Al Nahyan, Ruler of the UAE, to the people of Sharjah and the Northern Emirates and is the first hospital of its kind in Sharjah providing excellent medical attention for trauma and subsequent rehabilitation cases within the region. The hospital consists of 175 beds, inpatient facilities including a dedicated 30 bed ICU, eight operating theatres, emergency department, rehabilitation department and a teaching centre. Sweett Group is managing the design development process, construction, commissioning, delivery and handover, whilst working with the operator to achieve an optimal clinical and nonclinical model with an expected commencement of construction on site in the second quarter of 2013.

http://www.investegate.co.uk/Article.aspx?id=201209070700097193L

Chris Yewdall, Chief Executive of DDD, said: "We are very pleased with the success of the early version of the Yabazam 3D app. LG's 3D TV customers have demonstrated their desire for new 3D content and these latest advances will allow them to further enjoy Yabazam's diverse 3D programming." Yabazam was launched in late 2009 and was the first online portal to offer high definition 3D movies. Since then, Yabazam 3D content has become a mainstay feature of many of the latest 3D notebook and personal computers from leading brands. The new Smart TV 3D app expands Yabazam's reach to a much wider audience that is looking for compelling content to watch on 3D TVs.

Yabazam upgrades LG 3D TV app with 3D VOD service Los Angeles, California - 7 September, 2012: DDD Group plc (AIM: DDD), the 3D solutions company, has launched the upgraded version of its Yabazam 3D video app for LG 3D Smart TVs, which streams 3D programs on a video on demand (VOD) basis. The Yabazam 3D app is the first dedicated 3D video app in the US to allow consumers to rent original 3D movies and TV shows. It brings the complete library of 3D content available at Yabazam.com to LG 3D Smart TVs. The app is supported on more than 50 LG 3D Smart TV models and is available in the US, UK, Germany, Korea, Hong Kong and Taiwan. Initially launched to stream free 3D movie trailers, Yabazam 3D became LG's most popular free TV app after its first week of release. Yabazam features a wide range of 3D content, including independently produced 3D movies, documentaries, live action comedies and animated features from producers around the world. Its recent deal with WealthTV brings a bounty of added travel and lifestyle programming. DDD is aggressively growing the range of 3D programs available on Yabazam and is releasing new 3D titles on a weekly basis.

http://www.investegate.co.uk/Article.aspx?id=201209070700097177L

CONT RAGM has vigorously defended its interest throughout the long judicial process and the Company is pleased that the matter has now been concluded. RAGM shall continue to take all such steps as may be necessary to secure and protect its interests, while seeking to preserve its good name and reputation amongst the community in general. To this end, RAGM has instituted separate legal proceedings before the High Court of Malaya at Kuala Lumpur with respect to two publications and certain of their journalists, for having published what are alleged to be prima facie defamatory articles of RAGM and/or of its trade and operations. Chairman and Chief Executive Dato' Sri Andrew TY Kam commented : "Since the matter was brought up in 2008, we have avoided commenting on the case publicly as we believe that it is best left to the court to make its deliberations and conclusion. The Federal Court has decided today and everyone should therefore respect that decision and let the matter be laid to rest. We would like to thank all our workers and the people of Raub for their continued support over the last few years."

Federal Court rules in favour of Raub Australian Gold Mining Sdn Bhd The Company is pleased to announce that the Judicial Review which was brought against its wholly owned subsidiary, Raub Australian Gold Mining Sdn Bhd ("RAGM") has finally concluded with the dismissal by the Federal Court of Malaysia ("Federal Court") of the appeal filed by Wong Kin Hoong and others ("the Appellants") with costs in the sum of RM15,000.00 (approximately GBP3,000) awarded to the Company. As with the previous decision of the Court of Appeal of Malaysia, the Federal Court, comprising a panel of five Honourable Judges, unanimously dismissed the appeal. With this dismissal, the Appellants have exhausted the last avenue of appeal available to them in respect of the Judicial Review. Peninsular is pleased with the latest unanimous decision by the Federal Court and that this long drawn out claim by the Appellants, which started in 2008, has been concluded in favour of RAGM. The Appellants had applied for leave from the Courts to bring an action for judicial review against the decision of the Department of Environment in relation to an environmental approval granted by the Department of Environment to RAGM back in 1997. In their application, the Department of Environment was named as the first respondent whilst RAGM was joined in the proceedings as the second respondent. Also, in light of the inordinate period of time which has passed since the granting of the environmental approval to RAGM, the Appellants had to apply for an extension of the time period allowed for being able to bring an application for judicial review. The Appellants failed in their attempt to obtain such an extension of time and the judicial review leave application was accordingly dismissed from the High Court. The decision of the High Court refusing the extension of time and dismissing the judicial review leave application has subsequently now been upheld by both the Court of Appeal and the Federal Court.

http://www.investegate.co.uk/Article.aspx?id=201209070700067089L

Derek Musgrove, Managing Director of Northern commented: "Whilst there will not be a well test, the gas shows are encouragement for further work to be undertaken to determine the future potential in the area. Northern's share of the well cost is minimal and the drilling was completed ahead of schedule and conducted in a proficient manner. "I would also note that the Company strategy for limiting the financial exposures, in this case through a farmout process, to effect a mitigation of the exploration risk, was appropriate."

La Tosca-1 Well Operations Completed Northern Petroleum Plc announces that the La Tosca-1 exploration well reached total depth of 2335m on the 27th August 2012 and a decision made to plug and abandon having encountered gas shows. La Tosca-1 commenced drilling operations on the 6th August 2012 evaluating the exploration potential of a gas prospect mapped from 3D seismic on the Longastrino permit. The positive expectations prior to drilling were, to an extent, supported by wireline logging but the indications were of more limited reservoir sand development than expected from extrapolation of data from nearby wells. The considered conclusion was that the data did not provide a sufficiently strong economic case to warrant well completion and testing. Under a farmout agreement, Northern's share of the well costs was largely borne by its joint venture partner, Orca Exploration Group Inc. in keeping with Northern's strategy of managing risk and financial exposure.