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Forgot to add these:
Jan 23 - Award of several significant contracts. Including from an offshore EPC contractor to provide pipeline support and protection materials for major subsea construction projects in the Middle East. The combined value of the projects is over £8 million with delivery expected in the first half of 2023.
Jan 23 - Subsea Innovation awarded a significant contract for a bespoke turnkey launch and recovery (LAR) system. The contract includes the design and build of the A-frame, winch with interchangeable drum sets, hydraulic power unit (HPU) and transport frames. The contract value is approximately £2 million and is expected to be delivered by December 2023.
Big Money Contract Wins for Tekmar
Just a few of many:
1. Dec 22 - Award to design, manufacture, and supply of 172 Cable Protection Systems ("CPS") to Dogger Bank C (UK). Delivery Q3 2024 into 2025.
2. July 22 - Award of integrated engineering solution, including CPS and Cable Hang-Off Clamps, for an offshore wind farm project in Japan. Delivery 2023.
3. May 22 - Award of integrated engineering solution, including CPS, for an offshore wind farm project in the U.S. Delivery 2023.
4. Jan 22 - Award to provide pipeline support and protection materials for a major subsea construction project in the Middle East. The contract award is for a value in excess of USD 10 million and is anticipated to be delivered in the Group’s current financial year ending 30 September 2022.
5. Dec 21 - Award to design, manufacture, and supply 380 Generation 10 TekTube CPS, to protect subsea array cables on the first two phases for Dogger Bank A and B. Delivery August 2022 into 2024.
6. Nov 21 - Award for Parkwind's German Offshore Wind Farm to design, manufacture, and supply TekTube CPS to protect the wind farms array cables as they transition from the seabed into the wind turbine foundation at 27 separate locations. Delivery in 2022 for full operation in 2023.
7. Nov 21 - 340 export and array CPS's for Ørsted's Hornsea Two offshore wind farm in the UK. Commissioning in 2022.
8. Sept 21 - Award to design, manufacture, and supply Bend Restrictors for the KBH02 “København02” submarine cable project in Denmark, to protect a 145kV cable system connecting the Amager waste-to-energy power plant to Svanemølle substation. Plus the supply of Bend Restrictors to protect a 70km subsea power cable connecting the 330-MW Kafireas II wind farm on Evia Island to mainland Greece. Delivery Q3 2021.
9. Sept 21 - Award from Strohm to design, manufacture and supply a subsea protection and buoyancy solution for a Thermoplastic Composite Pipe ("TCP") Jumper. Delivery Q4 2021.
10. June 21 - Award to engineer, manufacture, and supply over 250 of its patented Cable Protection Systems for four new offshore wind farm projects in China in 2021.
11. April 21 - Award to supply CPS's for the Gode Wind 3 high-voltage grid connection project at Orsted's Wind 3 facility in Germany. Delivery 2022-23.
12. Feb 21 - Award to supply CPS's for RWE's Kaskasi offshore wind farm in the German sector of the North Sea. Delivery 2021-22.
13. Jan 21 - Award to to provide CPS's to be deployed at the Neart na Gaoithe (NnG) offshore wind farm in the Firth of Forth, Scotland. Delivery 2021.
14. Jan 21 - Award to supply CPS for a contract sum estimated in excess of £4.5 million. Delivery September 2021.
15. Jan 21 - Award to Pipeshield International Limited, to design, engineer, and manufacture a subsea scour protection solution for a major quay development project valued at more than £4 million.
A big transaction just came up, looks like a buy to me Kwota. The other ii majority holder is still in and so am I. I also saw one of the traders on Twitter is invested, so will be waiting for the share to pop. Looking forward to hearing more about the new build, 2 properties under offer for sale and hydroponics developments :)
Looks like Gav has exercised his options.
The buyers are loving the discount shares and they'll soon be eaten up.
If not, if we get phase 1 approval then they'll soon be zapped IMO :)
Summary:
Cash runway remains in tact
Ethics approval could be due any day for phase 1 in patient trials
2 further products moving towards phase 1
New CEO settling in well
Investor meet today for any new investors interested in finding out more about the company
Background:
OCTP are currently developing cannabinoid based pharmaceuticals from an exclusive patented library to target pain from chemotherapy and Irritable bowel syndrome. Their lines include both tablet and vape products which aim to be a non addictive alternative to the opioid crisis faced by many around the world. Such pain treatment is estimated to be worth £bn’s each year. There have been companies in recent years who have offered cannabinoid based products which have gone on to be sold for £bn’s in early product development, providing a lucrative return for investors.
As worldwide cannabis regulation comes into effect, and a crackdown on illegal dispensary continues, the need to put regulated FDA and MHRA approved products into the hands of consumers has never been more important. OCTP are at the forefront, by taking all necessary steps in ensuring their products are fully compliant and meet the necessary regulation, in addition to seeking to provide patented and market exclusive cannabinoid based health management for patients across the globe.
Investor meet and 6 months results Monday for anyone who wants to join:
https://www.investormeetcompany.com/oxford-cannabinoid-technologies-holdings-plc/register-investor
Don’t forget, ethics approval could land at any time for phase 1 trials and there are several companies who have been bought out for £bn’s in recent years when reaching this stage.
We have 4 studies ready to move into patient trials, an exclusive patent library of over 300 compounds to undertake further studies on and the cannabinoids movement has begun, with legalisation taking place across America.
With shareholders in OCTP such as Imperial Brands (Davidoff, Blu vapes and Lambert & Butler), Casa Verde (Snoop Dogg) and Walkers, high profile institutions and private investors are certainly involved.
Good luck all!
I know who the other investor is on ii and they’re proper savvy. Agree, the traders want quick money and don’t see the long term rewards. I hope the team are going to build a hydroponics business from scratch again, as find it all very interesting and a great investment to be involved in.
Suthy, as someone who wasted 2 years in QBT, I have no doubt FG is getting ready to do your placing, like he does every time he ramps QBT with empty promises. A total fantasy lifestyle company. He’s been liquidating companies behind your back and even has previous shareholder disputes against him, yet you worship his dirty feet and have the cheek to come here and try give financial advice to successful and respected investors?
I’m very happy with my Tekmar investment. They’re winning contracts daily, have a big expansion plan, cash at bank and the Directors have used personal funds for skin in the game. Poor Suthy for missing such a great opportunity.
Easy 1p imo. 2 of their developments under offer, new build development just started, new site procured for trialing our first live grows, supported by a team of qualified and well respected vertical farming experts who sold their previous company to the group behind Ocado as part of a super multi-million £ deal… question is, what do they have up their sleeve next!
Kwota, like the RNS where they said they want to start growing “cabbage” mixed in with targeting the pharma industry. Imagine if they applied for a cannabis grow license with the Home Office. The team certainly have the production expertise. Now that would be interesting.