Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Just saw this posted on LinkedIn 9 minutes ago!
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I quote from their release from 31st March 2023
“The Company is currently working with a number of new customers across 11 different contract service projects in multiple areas (vs three as at 1 July 2022) with two additional contracts signed, work on which will commence in Q4 2023.
I don’t think anyone in this group is being unreasonable asking for an update across the 11 contracts or the big one Salistick. Our patience has definitely been tested over the past 18 months, buying at 25p then just watching the SP drop all the way to 4p.
Salistick hasn’t officially been launched yet, it’s available to pre- order but Abingdon did say the launch is going to be month end which would be either tomorrow or Wed. If we managed to get it into the Big 4 Asda, Tesco , JS or Morrisons we will be off to a flying start! Let’s see where we finish this Friday. Good luck all
Must feeding BS, they will caught out. You are telling me that they haven’t paid a single employee between October and Dec?!
Chief executive Chris Yates, meanwhile, said that the strategic focus is on contract development and manufacturing (CDMO) services, where he expects to see significant demand growth, particularly in non-COVID-19 sectors such as human health, animal health, plant pathogen, and environmental testing.
Abingdon said it had £4.4mln of cash, as of December 19, in line with its October 2022 cash position, and noted that it expects to have around £4.3 million in cash at the end of December.