If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.
The acquisition of Amplyx follows an initial equity investment by Pfizer in December 2019 as part of Amplyx's Series C financing. The terms of the transaction will result in a small increase in Arix's holding value of Amplyx.[1]
The announcement can be accessed on Pfizer's website at: https://www.pfizer.com/news and full text of announcement from Pfizer is contained below
Looking at seeing benefits from the share buy back investment funds soon
March 2015 TomCo Energy plc (“TomCo” or the “Company”) Update on Timing from Red Leaf Resources TomCo Energy plc today announces that further to the announcement of 5 February 2015 the Company’s technology provider Red Leaf Resources Inc. (“Red Leaf”) has released an update as to the timing of construction for its Early Production System ("EPS") capsule. Red Leaf’s announcement, which can be seen at http://www.tomcoenergy.uk.com/investors/media-and-analyst-reports contained the following information: Red Leaf Resources Inc., an oil shale development company with proprietary technology and significant resources under lease in Utah and Wyoming, today announced an adjustment to the construction schedule of its commercial demonstration project to accommodate improvements expected to result from design optimization work already underway. Red Leaf and its major partner have decided to accelerate commercial technology optimization for the Early Production System (EPS), the first commercial demonstration project of Red Leaf’s EcoShale® technology. In part, this decision is the result of the low commodity oil price environment, as well as recently identified efficiencies and engineering advances that may be utilized in the commercial demonstration project. “This is an acceleration of design optimization and an adjustment to the construction schedule to allow for incorporation of the design improvements,” said Red Leaf CEO Adolph Lechtenberger. “We had anticipated the design optimization work to take place after completion of the EPS, but we have an opportunity to include the second generation commercial technology sooner rather than later. These enhancements will improve the economics of the Ecoshale® technology in the lower crude price environment.” Some site activity will continue while Red Leaf advances engineering on certain elements to further optimize the second-generation capsule design. “The financial commitments related to this project remain solidly in place,” continued Lechtenberger. “It’s also worth noting that we still anticipate being the first oil shale developer to reach commercial viability in the U.S.” TomCo will only progress with commercial-scale construction on its Holliday Block at such time as the results of Red Leaf's nearby EPS capsule are available. Enquiries: For further information, please visit www.tomcoenergy.uk.com or contact: TomCo Energy plc Tel: +44 20 7917 6822 Paul Rankine, CEO / Miikka Haromo, CFO Shore Capital (Nomad & Broker) Tel: +44 20 7408 4090 Nominated Adviser Pascal Keane / Edward Mansfield Corporate Broking Jerry Keen Tavistock (Financial PR & IR) Ed Portman / Jos Simson Tel: +44 20 7920 3150 Notes to Editors: TomCo Energy plc (AIM: TOM) is a London based, AIM-listed company, with substantial Oil Shale assets in Utah, USA. TomCo holds a 100% interes
http://www.sltrib.com/sltrib/news/58113614-78/sands-utah-mine-tar.html.csp Without considering the merits of the case, the Utah Supreme Court on Tuesday threw out an environmental challenge to a tar sands mine set to be dug on state trust lands on the Tavaputs Plateau. Living Rivers, a Moab-based group, was too late when it appealed the state groundwater permit issued to U.S. Oil Sands, according to the unanimous decision penned by Justice Thomas Lee. Because the petition was not filed within 30 days, the 2008 decision by the Utah Division of Water Quality "became final and immune from collateral attack."
Red Leaf’s initial capsule is expected to produce more than 300,000 barrels and will be the first commercialization of oil shale in North America. This is a significant step for the oil shale industry. The Green River Formation -- which underlies Utah, Wyoming and Colorado -- is considered the richest deposit of oil shale resource in the world. The U.S. Geological Survey estimates that the formation holds more than 3 trillion barrels of oil, with more than 77 billion barrels of recoverable oil in the Uinta Basin alone.
http://www.redleafinc.com/press-center PRESS RELEASE 06.10.2014 Environmental Groups Agree to Drop Appeal of Large Mining Operation Permit Awarded to Red Leaf Resources by Utah’s Division of Oil, Gas & Mining
http://www.sltrib.com/sltrib/news/57389893-78/oil-leaf-red-shale.html.csp my pension is invested in this one so will be either be looking like an "old man" or a "retired Gent" depending on 2014. Fingers crossed.
TomCo reprots today that is HAS been granted a Small Mine permit by the Utah Division of Oil and Gas and Mining to carry trial mining next year. http://www.oilvoice.com/n/TomCo_Energy_provides_trading_update/e69e43a9dde3.aspx
A class action is planned in May with a messy divorce and a huge legal bill let alone the poor publicity this could be the end for this deperate stock