Member Info for Spec

FBT dissapointing, cashed up & heading in right direction but slowly
PHC product launch
ECHO high admin, balance sheet not great
SOLI 3.2 mill contract over 3 years

KP2 key approval, Big seller in background there.

Results tomorrow and everything points to a positive report.

Good call on the Horse

New one on me.

EA approved in South Africa for coking project.

Looks very good on the surface

· Group Revenue up 13.7% to £24.2m (H1 2017: £21.3m)

· Adjusted EBITDA* up 22.0% to £5.4m (H1 2017: £4.4m)

· Adjusted EBITDA* margin increased to 22.2% from 20.7%

· Operating profit of £1.2m (H1 2017: £3.9m) after inclusion of IPO related costs of £3.6m

· Adjusted profit before tax* increased 60.8% to £4.5m

· Adjusted profit after tax* increased 61.7% to £3.6m

· Adjusted earnings per share (EPS)* increased by 61.7% to 4.68p

· Net debt reduced from £1.6m at date of listing to net cash of £1.2m at 30 June 2018 (30 June 2017: net debt of £24.7m, 31 December 2017: net debt of £23.0m)

· Maiden interim dividend of 0.98p per share, in respect of the nine months trading to 31 December, post IPO, as per the stated intention in the admission document

There’s some big numbers on ECO. Will be interesting to see if Total take up the option of 25% for $12.5 mill within 120 days which would leave ECO with 15%

Plenty of results to go through but not much else

Sar, placing ahoy!

Thanks Hawk

Now let’s have a look at these papers and find the next bugger/bagger?

KP2 delayed trade. Looks like a delayed sell. SP rose of the back of it, tomorrow should be interesting. Thoughts?

DFS due soon and a huge equity raise coming.

Madness

Not good, warning of impairment on the $15 mill loans

the old JV between Aloo & Randgold is now CRA and Mukuyu. CRA carried upto & including PFS. 35% 65% respectively. 10% goes to Gov of Mali.

Strategic agreement & placing with Newmont

£2mill for 20% of OMI

12 year agreement which carries OMI with 2 payments of $2 mill at/by 4 years and 8 years. Newmont can get to 80%

Opti- license agreement in Tawain with scope in South Asia
AST- money troubles

Hope you all got your hard hats on

I think there’s worse to come here

Yeah those parking charges for friends & family at hospitals are just wrong.

High street will become service led & not goods led. All hairdressers, cafes, tattoo parlours, pawn shops, betting shops etc.

Booming industry in importing stone slabs.

Pretty obvious but housing is booming. Theres a serious amount of new developments the size of villages going up everywhere.