Aerte Grp Share Discussion Threads

[callumross] 30/3/2012 12:43

More production delays, more sales in the future blah blah blah. More shares to be issued no doubt! Seen it all before. Change of name but same old company. Sell at any price basically.

[topinfo] 08/2/2012 07:56

Trading Statement
Print
Alert

TIDMAER

RNS Number : 9913W

Aerte Group PLC

08 February 2012

AERTE GROUP PLC (the "Company")

Trading Update

Aerte Group PLC, a leading environmental technology group, is pleased to provide the following trading update.

In November 2011, the Company successfully raised GBP1.7 million (net of expenses), to fund the launch and marketing of the new product range and the continued development of the miniaturised AD. The Company can confirm that both updated versions of the AD, the AD 2.0 and Klean, are now in production. The AD 2.0 is designed for commercial and professional use and Klean is designed for small commercial and domestic use.

The Company can also confirm that the first order for 3,200 devices, 1,600 AD 2.0 and 1,600 Klean, by our proposed distributor in China, has been secured and is worth GBP0.22 million.

As announced last year, the Company has outsourced the manufacturing of all devices, increasing the speed and significantly reducing the cost of production. 5,000 devices are currently in production with capacity to increase significantly, subject to demand. In addition, the Company has secured a CE marking for both products ensuring that they meet with all relevant European Directives.

As previously reported, the launch of the new product range has meant that sales of the original AD product declined in the first half of the financial year to GBP0.05 million (2010: GBP0.20 million). Sales will now recommence with the delivery of the Chinese order for the new products. As at 31 December 2011, the Company had net cash of GBP1.7 million (2010: GBP2.4 million).

The development of the miniaturised AD for use in the domestic home is progressing and this work has been critical also to the development of the new AD 2.0 and Klean products.

Javier Segura, Managing Director of Aerte Group PLC, commented: "We are excited by the first sales order and the start of production of the new range which represents a significant step change in design, cost and speed of production whilst retaining all the technical strengths of the original AD. We are now very focused on selling the new product range and expanding into further territories."

For further information:

Aerte Group PLC

[schrodingers_cat] 08/2/2012 07:38

Trading Update

Aerte Group PLC, a leading environmental technology group, is pleased to provide the following trading update.

In November 2011, the Company successfully raised £1.7 million (net of expenses), to fund the launch and marketing of the new product range and the continued development of the miniaturised AD. The Company can confirm that both updated versions of the AD, the AD 2.0 and Klean, are now in production. The AD 2.0 is designed for commercial and professional use and Klean is designed for small commercial and domestic use.

The Company can also confirm that the first order for 3,200 devices, 1,600 AD 2.0 and 1,600 Klean, by our proposed distributor in China, has been secured and is worth £0.22 million.

As announced last year, the Company has outsourced the manufacturing of all devices, increasing the speed and significantly reducing the cost of production. 5,000 devices are currently in production with capacity to increase significantly, subject to demand. In addition, the Company has secured a CE marking for both products ensuring that they meet with all relevant European Directives.

As previously reported, the launch of the new product range has meant that sales of the original AD product declined in the first half of the financial year to £0.05 million (2010: £0.20 million). Sales will now recommence with the delivery of the Chinese order for the new products. As at 31 December 2011, the Company had net cash of £1.7 million (2010: £2.4 million).

The development of the miniaturised AD for use in the domestic home is progressing and this work has been critical also to the development of the new AD 2.0 and Klean products.

Javier Segura, Managing Director of Aerte Group PLC, commented: "We are excited by the first sales order and the start of production of the new range which represents a significant step change in design, cost and speed of production whilst retaining all the technical strengths of the original AD. We are now very focused on selling the new product range and expanding into further territories."

[schrodingers_cat] 08/2/2012 07:34

RNS today.

[ih_317353] 13/1/2012 08:30

seller done now?
up 2%

13/01/2012 08:05:22 AER 0.95 O 150,000
12/01/2012 15:35:06 AER 0.92 O 100,000

[ric5111] 25/11/2011 18:12

a quiet little one - I have a modest holding

If they make some solid sales with the new distributors and refined product, there is promise for the share price.I like the fact that there target market seems to a large part to be far east/india where we can still expect good economic growth. In densely populated cities in those parts of the world this product must make sense if it does what it says.

Might take a while for people to notice the potential in this tiny one though..

[jermaine77] 18/11/2011 14:11

Aerte launches revolutionary free-radical based air disinfection device

14 November 2011

Milton Keynes-based disinfection specialists Aerte have launched a revolutionary disinfection device that emits free radicals into a room to neutralise 99.99% of bacteria and viruses in the air.

Aerte's AD 2.0 is specifically designed and proven to continuously eliminate airborne healthcare associated infections (HCAI) in clinical settings - including MRSA, C difficile and Norovirus.

The wall-mounted system can disinfect a room up to a volume of 300m3 and has been proven to not only remove virtually all airborne pathogens but also to target bacteria and viruses present on surfaces (over 20% reduction on most materials). Each unit can be controlled remotely, with automatic notifications alerting staff when the cartridges have run out and on the unit's current status (eg working, sleeping, off) - making monitoring of this system very easy and largely labour free.

The unit (see image on right) is designed to be used with a consumable cartridge containing a reagent, which is ionised and reacted with traces of ozone, resulting in the generation of hydroxyl 'free radicals'.

Hydroxyl radicals work by neutralising any dangerous bacteria and viruses, altering their molecular structures so that they become nonviable - neutralising 99.99%. The reason the process is so effective is because hydroxyl radicals are highly reactive molecules missing a hydrogen atom, meaning they can traverse an entire room virtually instantly (in under a second), continuing its search until it encounters a hydrogen atom - forcibly removing it from any organic material and inexorably changing the compounds molecular structure.

Prof. Hugh Pennington, Emeritus Professor of Bacteriology at the University of Aberdeen and an independent advisor to Aerte, said: "Over the last 10 years we have made enormous strides in tackling the spread and prevalence of HCAIs. However, whilst large scale operations and protocols are now in place to ensure the cleanliness of a hospital's clinical surfaces, no universal strategy has been trialed for the air - leaving it as the last major source of transmission. By using products that eliminate airborne pathogens we will then have a complete solution where all possible causes of transmission have been addressed."

Javier Segura, CEO of Aerte: "We launched the AD2.0 as we realised there was no 'active protection' within healthcare environments from airborne infection - by using free radicals we eliminate pathogens as they appear, vastly reducing the risk or these preventable illnesses.

"The cost of HCAI safety programmes now pay for themselves by reducing the number of bed days and staff sick days, so there is little excuse for airborne transmission routes not being eliminated in the coming years. As pathogens continue to mutate its now not enough for infection control teams to ensure the safety of surfaces - if we want to address the risks of nosocomial infections and increase the safety of hospitals, airborne routes of infection must be also be eliminated."

[andrbea] 18/11/2011 13:42

Formerly Mid-States PLC

[schrodingers_cat] 15/11/2011 14:25

formerly Mid-States plc (MST)

[energyi] 25/6/2003 14:24

No.
There are better ways to take Diamond Exposure, I think

[interglobe] 25/6/2003 07:41

Floats on AIM today !

[interglobe] 25/6/2003 07:40

Floats on AIM today !

[interglobe] 25/6/2003 07:35

energyi

Many thanks !

InterGlobe

P.S. - Are you in the next new AIM float....African Diamonds ?

[energyi] 25/6/2003 07:23

symbol?: AFE.
Have created new thread, clone of this one.

New thread:

[sharestriker] 25/6/2003 07:13

African Eagle Resources plc Newstrack Announcements 24/06/2003

AFRICAN EAGLE RESOURCES PLC

SHARES TO WITHDRAW FROM OFEX

African Eagle Resources announces that with effect from Wednesday 25th June
2003, its ordinary shares will commence trading on the AIM market of the London
Stock Exchange. Consequently, the Company's shares will cease trading on OFEX
from close of business on Tuesday 24th June.

[sharestriker] 25/6/2003 07:12

African Eagle Resources plc Newstrack Announcements 24/06/2003

AFRICAN EAGLE RESOURCES PLC

SHARES TO WITHDRAW FROM OFEX

African Eagle Resources announces that with effect from Wednesday 25th June
2003, its ordinary shares will commence trading on the AIM market of the London
Stock Exchange. Consequently, the Company's shares will cease trading on OFEX
from close of business on Tuesday 24th June.

[energyi] 24/6/2003 11:33

AIM trading starts.... ? Is it tomorrow?

Anyone know the new SYMBOL?

[energyi] 23/6/2003 10:29

P.,
Maybe this thread can help you monitor what's happening.
Here's Minesite's review of the Mining Week:

[porthos] 20/6/2003 11:17

energyi

Thanks may well get the prospectus, just thought as the annual report was so recent it may not be much more detailed but probably is, due to them raising money on the basis of it.

Will do a bit more research and maybe post again. I dont have much money in this one so dont keep that close an eye on it.

[energyi] 20/6/2003 11:06

P.,
Why not. Things have moved on.

= = =

For Release at 12 Noon 19TH JUNE 2003
AIM ADMISSION AND FUND RAISING
African Eagle Resources plc ("African Eagle" or "the Company") has applied to the London Stock Exchange for its ordinary share capital to be admitted to trading on AIM. Concurrently, the Company is raising £1.46 million before expenses by way of a placing at a price of 6p per share valuing the Company on AIM admission at £3.5 million. The net proceeds will be used to progress the Company's minerals exploration programmes in eastern and southern Africa. Trading on AIM is expected to commence on or about 25th June, 2003 at which time the Company's shares will be withdrawn from trading on OFEX.
...
The AIM admission document is available from the Company's registered office and may be downloaded from its website:

[sharestriker] 20/6/2003 08:09

African Eagle Resources plc Newstrack Announcements 19/06/2003

AFRICAN EAGLE RESOURCES PLC

AIM ADMISSION AND FUND RAISING

African Eagle Resources plc ("African Eagle" or "the Company") has applied to
the London Stock Exchange for its ordinary share capital to be admitted to
trading on AIM. Concurrently, the Company is raising GBP1.46 million before
expenses by way of a placing at a price of 6p per share valuing the Company on
AIM admission at GBP3.5 million. The net proceeds will be used to progress the
Company's minerals exploration programmes in eastern and southern Africa.
Trading on AIM is expected to commence on or about 25th June, 2003 at which
time the Company's shares will be withdrawn from trading on OFEX.

African Eagle explores for and develops gold and other mineral deposits in the
eastern and southern African countries of Tanzania, Zambia and Mozambique. In
Tanzania, African Eagle is in partnership with major gold producer Gold Fields
Ltd and in Zambia with AngloVaal Mining (Avmin).

The African Eagle Board and management combine considerable experience in
minerals exploration and mining with excellent local knowledge of the region
through direct involvement over many years, a high-tech approach to exploration
and an up-to-date understanding of the geology and economics of mineral
deposits. Members of the African Eagle team have track records of taking
projects from grassroots exploration through evaluation and feasibility, then
into operation or joint venture with major mining companies.

Nabarro Wells & Co. Limited is the Company's Nominated Adviser, Durlacher Ltd.
the Broker and VSA Resources the Placing Agent.

The AIM admission document is available from the Company's registered office
and may be downloaded from its website: www.africaneagle.co.uk.

John Park
Chairman

[porthos] 19/6/2003 13:25

Can I ask the following question.
I have held these shares since the year 2000 and recently recieved the annual report. Would it be worth getting hold of a prospectus for the placing merely to see the latest up to date information, or would this not add much more info than contained in the report.


Things seem to be moving on at last,but quess that the £1.4 million wont last that long and further fund raising would be needed in about a year ?

[interglobe] 17/6/2003 20:16

Goes on AIM next week !

[energyi] 17/6/2003 16:55

SOME VERY ROUGH GUESSES...

Asset Cost/ Valuation........:?-Guess-? (purely guesswork: not reliable)
Cash (after AIM listing exp?):£ 1.00 mn :Raised maybe £1.4mn, cost:£0.4mn?
Miyabi (T: 90%.Au with Gflds):£ 1.00 mn :140K oz.$12x90%= $1500K
Sasare (Z:100%.Old Au mine..):£ 1.00 mn :old mine: IOCG deposit?
Mkushi (Z:100%.Cu.Au Deposit):£ 1.50 mn :30Mt at 1.23% reported
Others in T. and Z.......... :£ 2.50 mn :& Further Potential?
Total Guess-timated Value... :£ 7.00 MN / 57.5= 12P w/o Dillution