The Royal Bank of Cyprus has approved the proposed change in control of Safecharge Limited by Nuvei – the company acquiring it. The relevant condition to the acquisition has now been satisfied. Safecharge (SCH) has confirmed that the court hearing for the consideration and sanction of the takeover scheme document will take place in Guernsey on 31 July 2019. The last day of dealings in SafeCharge shares on Aim is expected to be 31 July 2019, and it’s intended that dealings in SafeCharge shares will be suspended on 1 August.
Yes I do - most likely linked to Weald oil and UKOG BUT George F did mention he was talking to a lot of peoople about partnerships etc so we could see an announcement on a farm out / farm min / partnership on one of the Greenland resources.
I think most likely update )other than the rig arriving at HH) will be initial results from Ireland.
Laymans response........ 6 months testing? 6 months to get planning and EA permissions? (The former is likely to be easier than the latter where it will all be about managing the waste and any chemicals used in the processing) 6 months to commence production?
with the second adit repair complete I would assume they are surveying / testing both the first level and the second level. I would hope we would get initial results from first level at Clogau soon......
shares at this level to average down my holding price.
The interesting thing is that so far, of all the wells drilled in the Weald only Horse Hill has worked in the Kimmeridge and even here UKOG seems to prefer extracting in the Portland. We know that the limestone layers are difficult to clean up & flow as you can get sludge and particles causing issues (eg Broadford Bridge).
Balcombe may still work as the 2 day test there (after issues) did seem positive.
One thought about Clogau (my least favourite Alba asset) is that they have had safe access to the upper level of the St Davids mine for several weeks now and (I would assume) would have been surveying and drilling samples for most of this time.......so perhaps some news soon. Safe access to the lower level is still a few weeks away according to the schedule of works.
On the same day that it had announced that fundraise, Blue Prism also unveiled a new AI initiative, working with partners to execute on that. And indeed that is what it is getting with Thoughtonomy. The companies were already working together before this — Thoughtonomy’s other key partners are companies like Microsoft’s Azure and Google Cloud, used to deliver its services — and according to Walby, the idea is that his startup will be helping Blue Prism get its services to the next level of where RPA is going.