well yesterdays RNS came as no great surprised as ****ed off as I was with it. However, I do feel if we were going to be screwed over the long stop would have been pushed back more than 2 weeks. Would have liked a more positive statement regarding the completion of the Farm Out though.
Hi CP, I guess it depends if they are confident they will get the approval in time, it’s just previously they have extended it ahead of time. It just seems that the company are happy to sit and wait, regardless how long it takes. I guess the zubs would be happy to see aminex go under and pick up the assets cheap
Solo is in a position of relative strength compared to certain peers in these unprecedented times. The Company has low fixed overhead costs and its projects are primarily focused on the development of large-scale onshore gas developments in Tanzania, with no direct exposure to the oil price and strong localised pricing for gas in the region.
The Company has sufficient cash to support its operations in its current state to the end of Q1 2021 and remains funded for its share of the firm budget for its Tanzanian operations, capital programme and strategy. The Company can report unaudited 2019 year-end cash of £1,063,872, nil debt and an outstanding receivable position of £1,259,768. Further, after prudent management of payables over the last six months, the Company currently has no outstanding major creditors outside of the normal course of running the business
Iconic Labs Plc ("Iconic Labs" or the "Company") New GSN Online and Offline Marketing Agreement Signed
Iconic Labs Plc (LSE:ICON), a multi-divisional new media and technology business, is pleased to announce that it has signed a content and marketing agreement ('the Agreement') with a UK based fresh produce brand.
Under the terms of the Agreement, Iconic Labs will, through GSN (formerly known as Gay Star News), deliver both an online and offline marketing campaign during Pride.
Iconic will create and distribute bespoke content to support the client's campaign to increase the client's digital and social media reach during Pride. Iconic will also license the 'GSN' brand name to the brand's on-pack promotion in a major UK supermarket.
For commercial reasons, the value and identity of parties involved in this agreement have not been disclosed.
Iconic Chief Executive Officer, John Quinlan, said, "We are very pleased with this contract as not only does it involve producing more great content for brands, but it also shows the potential to license the brand for offline marketing activity. This underlines the power of the GSN brand and its credibility in the LGBTQ+ community and shows a large potential new revenue stream for the business . We aim to build and invest in the GSN brand and business over time."
well the 1p was certainly short lived. Looks like the drill isn't planned until next year as the CEO wasn't expecting sign off anytime soon. It's about time AEX started legal action against the government for unpaid bills and constant delays. There will be no time left on the licence by the time the corrupt government sign off on the deal. I should have learned by lesson on this share by now and wish I had never added to my holding