George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
Hey
Jimmy how's that £400m deal coming along - can you ask your contact?
Would like to see one of these kidon has been Chefs like Nigella Lawson or Jamie Oliver paid to promote these when they are launched.
£5m market cap seems superlow here for the businesses they have.
Another member of staff gone now too.
WTF is going on here!??
Jimmy can you ask your contact how that £400m is coming along?
My mate Walter Mitty wants to know
This was the quote I saw which I thought was revelant to Lsai. (just duno why Boohoo didn't out right but it directly instead)
"Also, it eyes to invest in smart IT solutions to make the industry more efficient."
UKTN (UK Tech News)
boohoo
Manchester’s boohoo to create 5,000 jobs with £500M investment
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STAFF REPORTER
NEWS 13 August 2021
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UK’s leading online retailer from Manchester, boohoo group plc has recently published the ‘Economic Impact Report’ that details the current and historic gross value (GVA) it has and will continue to contribute to the UK economy. Also, the report outlines the significance of the group’s activities and operations.
£500M investment
boohoo has chalked out its plans to invest £500 million in the UK for over five years to come in a move to create as many as 5,000 new jobs to meet the ever-growing demand both in the UK and worldwide. The investments will help the company continue the incredible growth it has experienced since its launch in 2006 (founders Carol Kane and Mahmud Kamani) that has helped it grow from a single brand to a group of 13 world-class brands today.
It is claimed that 50 per cent of the sales come from overseas especially USA and Australia. To meet this demand, it plans to purchase an additional warehouse space. Also, it eyes to invest in smart IT solutions to make the industry more efficient.
“The growth this business has experienced over the last 15 years has been phenomenal. It has not been without its challenges, but it is right to celebrate the significant contributions the company makes to the towns and communities where we operate. The investments we have planned will help us to continue our growth, increasing our customer base both at home and abroad, adding even more value as we do so,” said CEO John Lyttle.
“All of this has only been possible because of the amazing people who form our boohoo family. I am so proud of the way they rise to every challenge and I look forward to growing together as we cement our position as leaders in global fashion e-commerce.”
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Contribution to UK economy
As per the report, in the financial year 2020/21, the group’s operations added £559.4 million in GVA to the UK, thereby supporting an estimated 8,050 Full Time Equivalent (FTE) jobs. The GVA equates to around 4.4 per cent of the total UK clothing and footwear retail sector. Since 2009, the boohoo group’s operations have added almost £2 billion in GVA to the UK’s economy. For every job created by the group, 1.7 jobs are created in the wider economy.
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Prince Harry
BetterUp, the coaching startup that hired Prince Harry just raised $300M
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MEGHA PAUL
FUNDING 08 October 2021
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BetterUp, the mental fitness coaching platform wher
So verifiy is what Mr boohoo wanted, I read an article (i will try find it again) in Aug and there was a quote from their CEO bout Boohoo investing in small It companies.
Im glad to see a little bit of action and obviously it was dead weight so get rid along with the two freeriders.
Lsai have approx £4.5m in bank and minimal expenses with minimal staff and billionaire backers- what's not to like!?
This side of Xmas wouldn't go a miss. That long weight is frustrating
Tbh I do think the wait will be worth it.....something good going on and the staff have obviously all signed Non Disclosures cause not one of them has posted or even liked anything since the take over.
At least your confident.... One min I am and next I am not
I wonder who took SGS shares at 80!?
Why I'm pi s zed - Orginal RNS twice says 'The' Major Global Pharm company - I read this as deal signed and delivered if successful phase2 frmgetgo (as its obviously AZD)...... This period ain't immediate after (also as stated several times)
I just feel mayb now sold a pup!
Pursuant to the agreement entered into between SGS and the major global pharmaceutical company, there are two potential commercialisation routes, being a reacquisition of the Asset or a sub-licensing of the rights to a third party.
Under the terms of the Agreement, pursuant to either commercialisation route for the Asset, SGS will pay Vela 8 per cent. of proceeds received by SGS in excess of £19.2 million and after deduction of sums payable to the major pharmaceutical company and certain funders, and provision for taxation (the "Economic Interest"). Vela's Economic Interest shall be renegotiated should SGS receive further funding from third parties in the future.
I ain't selling, and hope I'm eating my words on JN making an a r s e of this...... Just bitterly disappointed.
If JN hasn't made sure that Vela are getting a return after Phase 2 he has made an a r s e of our biggest investment - and himself.
Simply Terms should have been from getgo : successful Phase 2 trial = X amount back to Vela.
I can't understand how Vela are in this position and embrassed/concerned that Vela haven't made sure of a payday, after all it has always been stated after successful Phase 2.
Agreed....... I ve been here for ages just sitting on sidelines and staying for hopefully commercial number.... But get the feeling JN ain't interested in Vela and its his play thing......as you say a tweet wouldn't go a miss.
Surely JN would have considered this when he invested the largest investment he has made for Vela?......... If he ain't then it's school boy error, he should have ensured Vela got paid end of phase 2 regardless.
SGSC will immediately start to undertake commercial discussions with potential licensees and/or fundraise for further clinical trials to investigate SGS002 ("the Asset") in a larger study.
As much as I hope I'm wrong this I'm my book means phase 3..........
Im sticking around but ****ed off :-s
He has had six months, surely new direction of LSAI announced soon
Remember the last time they turned the light on in the HQ of Lsai the price jumped, so with the darker nights drawing in we can look forward to that - also when they turn the thermostat up it will also increase the SP.
How's that £400mil contract coming along Jimmy
Nice..... Hopefully 6 month report soon and direction of business, I duno if a good or bad thing the radio silence here.