Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAdm Energy Regulatory News (ADME)

Share Price Information for Adm Energy (ADME)

Share Price is delayed by 15 minutes
Get Live Data
0.0225    -0.004 (-15.09%)
Bid:
0.02
Ask:
0.025
Spread: 0.005 (25.00%)
Market Cap: £1.08m
ADME Live PriceLast checked at - London Stock Exchange

Intraday Adm Energy Share Chart

Trading Update

18 Oct 2010 07:00

RNS Number : 5196U
Pan Pacific Aggregates PLC
18 October 2010
 



 

Press Release

18 October 2010

 

Pan Pacific Aggregates plc

 

("PPA" or the "Company")

 

Trading Update

 

Pan Pacific Aggregates plc (AIM:PPA), an operator of quarries in British Columbia, is pleased to provide the following update on the Company's operations.

 

Highlights

Q3 has seen a 79% increase in revenue compared to Q2

Q3 has seen a 60% increase in tonnes sold compared to Q2

Q3 has seen a 12% increase in the average aggregate selling price compared to Q2

Recent Daily volumes now averaging over 2,000 tonnes and peaking at over 3,000 tonnes

 

PPA has seen increased sales at Quadling Quarry ("Quadling") which has been led by the introduction the main processing plant in June 2010 and the sale of higher specification products. Quadling has performed to management's expectations and trading in September and early October 2010 has created the critical mass where Pan Pacific Quadling Quarry Ltd is now covering all its operational costs.

 

Due to increased sales, the secondary processing section of Quadling's main processing equipment is now nearing production capacity. Production also meets the Ministry of Transport road specifications. This recent progress at Quadling will provide the solid foundation for PPA to continue moving towards profitability in the new financial year.

 

Meanwhile, greater Vancouver's robust economy continues to see buoyant market conditions and increased development activity, which through numerous infrastructure and construction projects, remains beneficial for PPA.

 

- Ends -

 

 

 

For further information:

Pan Pacific Aggregates plc

William Voaden, Managing Director

Tel: +44 (0) 20 7096 9580

 

Nomad and Joint Broker:

Matrix Corporate Capital LLP

Louis Castro / Tim Graham

Tel: +44 (0) 20 3206 7000

 

Joint Broker:

XCAP Securities PLC

John Grant/Tim Burge/David Newton

Tel: +44(0)20 7101 7070

 

Media enquiries:

Abchurch Communications Limited

Henry Harrison-Topham / Nick Probert

Tel: +44 (0) 20 7398 7715

nick.probert@abchurch-group.com

www.abchurch-group.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTLLFITILLDLII
Date   Source Headline
5th Jul 20187:00 amRNSPublication of Research Note
29th Jun 20187:00 amRNSFinal Results
19th Jun 20187:00 amRNSAssessment of the Turonian Development Potential
1st May 20187:00 amRNSUpdate on the Aje Field
20th Feb 20182:30 pmRNSPlacing and Update on the Aje Field
6th Feb 20187:00 amRNSUpdate on the Aje Field
2nd Jan 201811:14 amRNSHolding(s) in Company
2nd Jan 201811:13 amRNSHolding(s) in Company
2nd Jan 20189:14 amRNSUpdate on Aje settlement
29th Dec 201712:06 pmRNSHolding(s) in Company
18th Dec 20177:00 amRNSConversion of debt and issue of equity
10th Nov 201710:06 amRNSHolding(s) in Company
3rd Nov 201712:25 pmRNSUpdate on Nigerian investment
29th Sep 201712:56 pmRNSResult of General Meeting
28th Sep 20177:00 amRNSHalf-year Report
12th Sep 20174:01 pmRNSNotice of GM and Revision of Investing Policy
24th Aug 20179:57 amRNSUpdate on Nigerian investment
24th Jul 201711:53 amRNSResult of AGM
29th Jun 20177:00 amRNSFinal Results and Notice of AGM
24th May 201712:07 pmRNSMarket update - Nigeria investment
9th Mar 20179:41 amRNSHolding(s) in Company
15th Feb 20173:15 pmRNSCompletion of Placing
15th Feb 201710:46 amRNSProposed Placing
20th Dec 20167:00 amRNSMOU with the Government of Grenada
17th Nov 20169:24 amRNSHolding(s) in Company
17th Nov 20169:11 amRNSUpdate on Nigerian investment
16th Nov 20169:00 amRNSHolding(s) in Company
4th Nov 201611:24 amRNSHolding(s) in Company
19th Oct 20167:14 amRNSUpdate on Nigerian Investment
12th Oct 20162:46 pmRNSHolding(s) in Company
6th Oct 20167:00 amRNSHolding(s) in Company
29th Sep 20161:48 pmRNSHolding(s) in Company
29th Sep 20168:45 amRNSHolding(s) in Company
28th Sep 20169:55 amRNSHolding(s) in Company
23rd Sep 20167:00 amRNSHalf-year Report
16th Sep 20169:05 amRNSHolding(s) in Company
12th Sep 20163:26 pmRNSHolding(s) in Company
9th Sep 201610:26 amRNSHolding(s) in Company
26th Aug 201612:02 pmRNSHolding(s) in Company
25th Aug 201612:00 pmRNSHolding(s) in Company
12th Aug 20161:43 pmRNSDirector/PDMR Shareholding
10th Aug 20162:25 pmRNSUpdate on Nigerian investment
26th Jul 201610:16 amRNSDirectorate Appointment
25th Jul 20161:23 pmRNSResult of AGM
19th Jul 20168:20 amRNSUpdate on production at Nigerian investment
30th Jun 20167:00 amRNSFinal Results and Notice of AGM
24th Jun 20162:59 pmRNSHolding(s) in Company
16th Jun 20169:13 amRNSHolding(s) in Company
10th Jun 20167:00 amRNSRedemption of Loan Notes
9th Jun 201610:26 amRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.