Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Hi ! Looking at RHEP now - you are a 1 man / woman marketing machine !!!! Do you know what happened approx 1.30 ish today to cause the steep rise ? i can't see anything myself. If it had gone up throughout the day, I may have bought. As it is, I will wait & see what tomorrow brings. At the moment, it is at it's highest since August 2008. Let me know, & GL
Small dabble 1378 shares, bought at 13.31. Makes a change from oilies.
Thanks. Have seen the drilling schedule in the RNS. Looks like weather is the enemy here. Temperatures range -22 C in January to +12 C in July. Overnight temperatures now are -4 C. Looks to me like a short hold as not much will be produced from now until March (?). The company seems to be cash rich. Do you think the current price rise is due to a potential resource upgrade, or a realignment to match their assets ? Either way, think I will have a little dabble. GL
Researching, and found this in Proactive Investors. Helps me, don't know if it is of interest to anyone else. Thursday, September 30, 2010 Ovoca Gold Confident it Can "Add Ounces" to Olcha Project Ovoca Gold (LON:OVG) said it is confident it can continue to “add ounces” to its Olcha gold project in Russia. Last month the group unveiled a maiden Jorc inferred resource of 344,000 ounces at the Olcha project, in the Magdan region of the country. “Operationally, things have been going well,” said chief executive Tim McCutcheon. “At the Olcha gold we have completed almost 8,000 metres of drilling and the season has until the end of this month for active operations. “Ovoca produced a JORC resource for Olcha... under the inferred category. “This resource only takes into account data collected before Ovoca acquired the property and will be updated with new data later this year. “At the end of August we announced some preliminary results of drilling at Olcha, which were very positive and demonstrate that the resource has the grade and interval to be economic. Our main task now is to continue to define the ore body and "put ounces on the books." The company also said its share consolidation and stock buy-back programme were having the “desired effect” as it gave an upbeat assessment of prospects after a solid six months of progress. The period to the end of June included the purchase of three companies that own the Nevsko Pestrinskoye, Stakhanovsky and Rassoshinskaya licences in Magdan. It also sold its Norplat operation in Murmansk to Black Foxes Resources for US$1.25 million. The sale proceeds will add the company’s coffers. Currently it has cash and equivalents of US$47.3 million, after offloading its Goltsovoye silver asset last year. This has allowed Ovoca to bankroll the repurchase of 10 per cent of its equity base. The company has also initiated a share consolidation on a one-for-five basis. Ovoca posted pre-tax profits of 926,000 euros in the six months ended June 30 compared with a 6.2 million euro surplus a year ago. The Russia-focused gold explorer made a number of boardroom appointments during the first six months of the year. Svetlana Radchenko comes in as chief financial officer and Kirill Golovanov has been appointed corporate secretary. Don Schissel, an ex-BHP Billiton regional exploration manager, has been becomes a non-executive director. Haven't bought in yet, but looks too good to be true. Can anyone with more knowledge than me clarify a point please ? In line / para 4, it is stated OVG have until the end of the month (September) for operations to be completed. Is this due to weather conditions or some other reason ? GLA
Morning Everyone. Looking at the trades for 8.06 & 8.24, each for 25000 shares, and again at 8.24 & 8.25 each for 41222 shares, does anyone think we are looking at duplicate transactions that will be reversed later, or should we be treating these as 4 separate transactions ? Personally, I hope they are correct.
Hi ! Does anyone know the total buys v.sells for today so far ? Thanks
Thanks. Sounds like you are 2 years or so ahead of me. Gut feeling & looking at graphs has made me some income, but it obviously is not the best. As with all things, you do need something on which to base decisions. Technicals have obviously worked for you - one of the more recognised traders on the board. GL - please keep the help & advice flowing ...........
Thanks. Will look. Are you a statistician by trade ? Always good to know who is who ........
I'm same as JJ. Just reading about medieval rabbits & their effect on stock market predictions !!!!!
RNS re takeover talks. Good luck !
I hold no shares in this company but have been stupid enough previously to be a customer of their's. I ran a company with 10 vehicles, each with trackers. You were OK whilst you sent Minor Planet money, but god help you if you had a problem with the equipment. They had pretty sales people (both male & female) who were well versed in smooth talking, but engineers who were unable to correct simple faults. They had all the explanations, but not the capability to cure recurring problems. Their engineering director made site visits, promised the earth and delivered nothing. He even went to ground and refused to return calls or reply to registered (and signed for) letters. His colleagues even confirmed he was in the office but would not speak to me. Not the signs of a good company. If you decide it wise to invest in this company, it may be worth asking whether they have improved the quality of their equipment & personnel. Otherwise, they may be entering administration again. GLA
Found this in the Liverpool Daily Post datred 13/5. Perhaps some financing has been arranged & we don't know yet. Delayed RNs, etc maybe ? Yes I have been stung witrh this one, no I dont hold any shares in this. Just curious. GLA Eatonfield threatens administration ahead of shareholder vote to access critical funding May 13 2010 By Alex Turner Add a commentRecommend Rob Lloyd of Eatonfield Group CHESHIRE property firm Eatonfield Group has called on its shareholders to save it from administration by voting through resolutions that will allow it to draw down funds. The company, led by The Secret Millionaire’s Rob Lloyd who is currently fronting a consortium interested in buying Portsmouth FC, has been battling severe financial problems in public for three months as it fights for its survival. Its problems stem from the withdrawal of its overdraft facility because of “a deterioration in the future cash flows of the group”. It has drawn down £600,000 for working capital and now needs shareholder permission to allot a sufficient number of ordinary shares be able to access another £650,000. It is holding a general meeting on May 28 when a vote will be taken on the plans. In a letter to Eatonfield’s shareholders, executive chairman Paul Williams said: “If shareholders approve the resolutions thereby enabling the directors to draw down the remaining funds available under the facility, as previously notified, the directors expect that this would provide the company with sufficient working capital to mid July 2010. “If Shareholders do not approve the resolutions, the directors will not be able to draw down the remaining funds available under the facility and there is likely to be a shortfall in funding and it is possible that the company would be required to cease trading shortly after the general meeting and enter into administration. “Accordingly, it is extremely important that shareholders vote in favour of the resolutions.”
Don't know about that. Could ring the tax office & ask one of their technicians. Would it be B&B though, as you would be holding the second batch of shares, and selling the ones with a loss to offset this years gains ?
One possibility would be to buy a corresponding amount of ASM now, then sell the existing (first) holding. That way you would not need to buy back. Good luck.
Hope you are right ! Current sell price at RBS 4p.
Was offered 0.0775 to sell, now 0 .08.
See the spread has widened. Hopefully this will slow down the sp decline.
Cut & Paste here - taken from Reuters. Reliance Life Sciences Pvt Ltd Increases Stake In GeneMedix plc-Mint Wednesday, 30 Dec 2009 Mint reported that Reliance Life Sciences Pvt Ltd, a biotechnology and pharmaceuticals company owned by Reliance Industries Ltd promoter Mukesh Ambani and his family, has increased its equity holding in its UK-based listed subsidiary Reliance GeneMedix Plc to 79.58% from 74%. This has been done by converting 34,777,032 warrants issued by GeneMedix Plc in 2007. Reliance Life acquired GeneMedix Plc and renamed it Reliance GeneMedix. Also, Reliance are in the top 40 manufacturers of biosimilars. I understand biosimilars are under discussion in the US, & congress are "sorting out" regulatory framework, Whilst I do not think this was the reason for yesterday's performance, it may go some way to explaining it. Reading generally, it seems Biosimilars are about to come to the fore as, when patents on medicines expire after their 20 years, that part of the market is unprotected. What I do not know is whether GMX have something about to fill a gap. Picking up on Epostim, GMX have supplied Reliance with a quantity of this.
Dropped 0.625
Has anyone found out much about this company that could account for the rise ? The only information I have does not shed any light on current activities. Perhaps I have just got bad research.