Core Vct I Share Discussion Threads

[noirua] 23/8/2022 10:35

Tulla Resources - Presentation August 2022

[noirua] 22/8/2022 13:29

Purchased 60,000 more shares in ASX: BUX Buxton Resources at 10c.

Previous purchases were made last year at 8.8c which averages about 9.4c.

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Funds partly from the sale of 3.3m shares in Red Rock at an average price of 0.61p - profit 48% on Friday. Though most needed to cover an outstanding position that arrived a few days earlier than expected.

[noirua] 22/8/2022 13:28

BLU trying yet another run.

[sweepie2] 22/8/2022 07:27

22 August 2022

Hemogenyx Pharmaceuticals plc

("Hemogenyx Pharmaceuticals" or the "Company")

Appointment of Director of Quality

Quality System Expert Joins Hemogenyx Pharmaceuticals as Director of Quality

Hemogenyx Pharmaceuticals plc (LSE: HEMO), the biopharmaceutical group developing new therapies and treatments for blood diseases, announces the appointment of Mr Stuart Tinch as Director of Quality.

Stuart brings over seven years of Good Manufacturing Practice ( " GMP " ) expertise to Hemogenyx Pharmaceuticals. He will be instrumental in creating a culture and system of quality to ensure that the Company's therapies, such as HEMO-CAR-T, which is currently being prepared for clinical trials, are held to the standards of current GMP regulations. Stuart's appointment takes the Company forward toward its first clinical clinical trials.

Stuart joins Hemogenyx Pharmaceuticals from the manufacturing division of Expression Therapeutics INC ( " Expression " ) where he was the Senior Manager of Viral Vector Manufacturing. There he worked to set up Expression's GMP facility and to assist in the design and implementation of its quality systems.

Stuart previously worked at the Vector Production Facility ( " VPF " ) at Cincinnati Children's Hospital Medical Center where he progressed to be Senior GxP Specialist and Supervisor of GMP manufacturing of viral vectors. At the VPF he was involved in and supervised over 70 GMP manufacturing cycles both for academics and pharmaceutical companies.

Stuart received his BS in Biochemistry from Miami University.

Dr Vladislav Sandler, CEO & Co-Founder of Hemogenyx Pharmaceuticals, commented:

"We are excited to welcome Stuart as Director of Quality. His rich experience and deep insight into the cutting-edge GMP manufacturing of viral vectors and cell therapies as well as his expertise in establishing and maintaining quality systems will undoubtedly help to accelerate Hemogenyx Pharmaceuticals' product candidates. Stuart will help us to establish manufacturing of our lead product candidate, HEMO-CAR-T, as well as potentially other cell therapies, according to the highest standards of quality to facilitate their transition into the clinic."

Mr Stuart Tinch, Director of Quality of Hemogenyx Pharmaceuticals, commented:

" I have been privileged to join Hemogenyx Pharmaceuticals to establish its quality system. It is great to be able to facilitate the transition of brilliant science into the clinic for the benefit of patients. "

[noirua] 21/8/2022 09:09

August 19, 2022 ( weekend reading )

The Most Difficult Storm of All to Weather

[noirua] 21/8/2022 09:08

August 19, 2022 ( weekend Reading )

Buffett Still a Bull, Albeit a Slightly More Sheepish One

[the chairman elect] 19/8/2022 13:55

STOCK WATCH @ Lithium play Firering / LSE:FRG

[noirua] 19/8/2022 12:29

Sudden big trades going through on BLU. No idea why?

[sweepie2] 18/8/2022 15:04

Further re. FundamentalVR Fund Raise



In the Company's announcement dated 11 August 2022, the Company stated that FVRVS Limited ("FundamentalVR") had closed a second tranche of its Series B fund raising round, securing an additional £5 million in new investment (the "FundamentalVR Series B second tranche") from a new institutional investor at the same valuation as the first tranche, making a total of £13.2 million raised in Series B funding at this time.



The Company notes that in its press release dated 11 August 2022, FundamentalVR, an independent privately held company, stated that it "has raised an additional $20 million to significantly accelerate medical skill-transfer and increase surgical proficiency through its world-leading medical simulation platform, Fundamental Surgery."



Tern can confirm that all the information disclosed in its announcement dated 11 August 2022 is correct and understands that the figure of $20 million referred to by FundamentalVR includes committed contingent funding yet to be received by FundamentalVR. Such funding would be at the same valuation as the FundamentalVR Series B second tranche and would not affect the book value of Tern's investment in FundamentalVR.

[the chairman elect] 18/8/2022 08:15

KAVANGO RESOURCES PLC //// LSE:KAV

KSZ - Proof of Concept Drill Campaign Final Report

Botswana focussed metals exploration company Kavango Resources plc (LSE:KAV) ("Kavango") has successfully concluded its "Proof of Concept" exploration programme in the Kalahari Suture Zone ("KSZ"). This is the most comprehensive exploration programme ever undertaken in the KSZ and the results will guide the Company's future commercial strategy.

Kavango is pleased to announce that the Proof of Concept exploration programme has:

§ Provided geochemical proof of magmatic Ni-Cu-PGE mineralising processes (depletion and enrichment) throughout the KSZ, for both the Karoo and Proterozoic (Tshane Complex) intrusions

§ Identified previously unrecognised PGE potential in the KSZ South

§ Introduced new ore deposit models (Norilsk, Insiswa, Eagle, Tamarack, and Uitkomst), which will allow Kavango to vector towards the right host rocks and upgrade future targeting

§ Confirmed Kavango is using appropriate geophysical technologies and data analysis techniques to isolate potential mineral bearing targets in a scalable programme

Richard Hornsey, a leading authority on nickel sulphide and platinum group element (PGE) exploration, has completed a comprehensive review of all available exploration data on the KSZ on behalf of Kavango.

Mr Hornsey has provided the Company with three detailed reports on the exploration undertaken, drill core review, intrusion lithogeochemistry, and implications for prospectivity of the KSZ, with suggestions for optimising future exploration strategy (the "Reports"). The Reports will be made available to potential Joint Venture partners and other interested parties, subject to non-disclosure agreement ("NDA").

Highlights

In summary, the Reports detail:

§ Geochemical proof of magmatic mineralising processes (metal depletion and enrichment) throughout the entire KSZ:

§ Potential for Nickel-Copper-(Platinum Group Element) ("Ni-Cu-(PGE)") massive sulphide associated with the Karoo Large Igneous Province ("LIP") in the KSZ North

§ Potential for low sulphide Platinum Group Element-(Nickel-Copper) & Ni-Cu-(PGE) massive sulphide associated with the regionally extensive Proterozoic (Tshane Complex) encompassing KSZ North and KSZ South

§ Confirmation that Kavango is using appropriate geophysical exploration technologies to discover economic metal deposits should they exist within discovery range; including Controlled Source Audio Magnetotellurics ("CSAMT") and Surface Large Loop Time Domain Electromagnetics ("TDEM")

§ The new data has enabled assessment of potential variations of intrusion style and geochemical processes associated with the KSZ Project. Ongoing data collection will further focus model definition

§ Recommendations for improvements to Kavango's exploration programme

Mr Hornsey has provided a detailed executive summary of his review (the "Executive Summary"), which the Company will make available on its website via the following link:

hxxps://kavangoresources.com/media-library/technical-reports

Ben Turney, Chief Executive Officer of Kavango Resources, commented:

"Kavango has now completed the most comprehensive and successful exploration programme ever conducted on the Kalahari Suture Zone (KSZ).

When Kavango first set out on this project it was purely conceptual in nature. Today, we have assembled a significant data set that validates the discovery potential.

This is a regionally extensive project, but thanks to Richard Hornsey's detailed work we will be able to focus our programme. Specifically, we now have several exploration vectors to enable us sharpen future targeting.

We are the first company to demonstrate that mineralising processes have occurred throughout the KSZ, based upon evidence of nickel, copper and PGE depletion and enrichment. This suggests there is a high likelihood that potentially economic magmatic mineralisation may exist, both within the Karoo and the Proterozoic Tshane Complex. The main questions to answer now are where and at what depth?

Encouragingly, Richard's work confirms we are using the right remote sensing technologies (CSAMT & TDEM) to identify potentially mineralised targets. If mineralised nickel, copper and/or PGE deposits exist within range of detection and economic exploitation, we are utilising techniques that would identify them. Our objective will then be to rank any targets in order of priority and to drill them.

Meanwhile, the previously unrecognised PGE potential of the Tshane Complex is an intriguing development, especially considering regional variations in PGE endowment. This is an area Kavango will focus on in the coming months.

Our strategy in the KSZ will now involve two parallel streams of work. In the field, we will continue deploying CSAMT and TDEM surveys, while preparing to drill the B Conductors. At the corporate level, we will step up our efforts in search of potential JV partners. The technical review is a substantial piece of work that contextualises the project based upon our exploration results and enables Kavango to undertake much more informed discussions with interested parties."

[sweepie2] 17/8/2022 07:57

ValiRx PLC ("ValiRx" or the "Company")

Shareholder Communications

London, UK - ValiRx Plc (AIM: VAL), a life science company focusing on early-stage cancer therapeutics and women's health is pleased to announce the appointment of strategic marketing and PR agency, V Formation Limited and the appointment of Dr Adam Hargreaves as a shareholder representative. The appointments represent the Company's continued strategy to improve and enhance communications with its shareholders.

V Formation Limited is a Nottingham-based public relations and marketing communications agency that specialises in supporting clients in the life sciences sector, ensuring that news and corporate development updates are optimised and communicated in a clear, transparent and precise manner. V Formation will liaise closely with Dr Hargreaves in his role as shareholder representative, as well as with ValiRx's Nominated Adviser and brokers, to improve the interpretation and dissemination of Company newsflow following publication via a regulatory information provider.

Dr Adam Hargreaves has agreed to become a shareholder representative to help improve communications between the Company and shareholders. The Company's overall policy on shareholder communications is unchanged, with written quarterly updates and quarterly live Q&A events continuing. However, shareholders can additionally communicate with Dr Hargreaves directly to seek clarification of any details that have been publicly announced, or through a shareholder community. Dr Hargreaves will have regular interaction with the Company to ensure that shareholders' views are fully represented to the Board. Shareholders wishing to communicate directly with Board members are welcome to do so, with a prompt response when possible.

Quite a unusual move for an AIM company to have a shareholder representative added

[the chairman elect] 17/8/2022 07:50

London listed BID TARGET DARKTRACE / LSE:DARK

hxxps://www.thetimes.co.uk/article/darktrace-on-the-radar-of-rival-bidders-rjnpp0w26

Rival bidders for Darktrace are expected to join Thoma Bravo, an American private equity firm, in a £3.5 billion race to buy the British cybersecurity company.

Shares in Darktrace leapt by 24.2 per cent, or 110½p, to 515¼p after it emerged that Thoma Bravo, which specialises in technology investments, was in the early stages of takeover talks about a cash offer.

Cisco, Palo Alto Networks and CrowdStrike, three other American businesses, were tipped as potential candidates monitoring developments. Darktrace said in a statement on Monday that it had received “a number of preliminary and conditional proposals”, but disclosed only Thoma Bravo’s name.

[the chairman elect] 17/8/2022 07:40

Bidstack Group Plc (AIM: BIDS), the in-game brand activation platform, is pleased to announce the exclusive multi-year renewal of its agreement with Sports Interactive, the creator of Football Manager. This represents the second extension of the contract, which began in 2017. The success of the partnership between the Company and Sports Interactive results from the commitment by both companies to pioneering innovative monetisation streams for high fidelity gaming environments enabled by Bidstack's technology.

Sports Interactive is one of the world's leading developers of sports management simulations. Founded in 1994 and based in Stratford, London, it has more than 250 full time team members and approximately 1,300 researchers across the globe. It became a wholly-owned subsidiary of SEGA in 2006. The studio has enjoyed both critical and commercial success, having won a number of awards, including two BAFTAs, with titles selling over a million copies annually across platforms such as Steam, Microsoft Game Pass and the App Store.

Bidstack's SDK (software development kit) allows developers and publishers to deliver static and dynamic intrinsic in-game ads into mobile, PC and console games. It offers value beyond ad delivery when it is used to manage dynamic content, data collection and measuring viewability, coupled with the Company's AdConsole suite of supporting applications.

James Draper, CEO of Bidstack said:

"The success and longevity of our partnership with Sports Interactive illustrates the evolution of monetisation in video games and stands testament to the strength of our commercial relationship. It is also a clear validation of the robustness of our technology to ensure brand safety, viewability and reporting to enhance the player experience.

"I am looking forward to continuing to work closely with Sports Interactive to create value and evolve our product suite. We will also explore other use cases for our SDK such as marketing promotions through in-game placements to drive player acquisition and retention, as well as optimisation of developer resources."

Matt Carroll, COO of Sports Interactive said:

" In-game advertising, while an important commercial tool, has been specifically implemented in Football Manager in a way that supports the game experience for our players. By using pitchside LEDs, the ads which the Bidstack tech serves look just as they do in real-world football matches, preserving the 'suspension of disbelief' and tying our in-game experiences to real world campaigns and sponsors.

"For advertisers who are looking for passionate football fans for their campaigns, our realistic in-game experience can complement live activities by timing, leagues or countries across 17 languages. Over the next three years we look forward to using Bidstack's technology services in new opportunities and evolving our relationship further."

[the chairman elect] 16/8/2022 09:33

US private equity firm in swoop for British tech company Darktrace / LSE:DARK

The cybersecurity firm has benefitted from the rush to buy cybersecurity software

A US private equity firm has launched a multibillion-pound takeover bid for the cybersecurity company ­Darktrace in the latest American raid on British tech.

Darktrace said this evening that it is in the early stages of negotiations with Chicago-based Thoma Bravo, which previously bought fellow UK cyber company Sophos for £3.1bn in 2019.

ETC, etc....

Source: Daily Telegraph [today]

[noirua] 15/8/2022 21:27

Some slightly better news from Red Rock Resources RRR. Their interest in Elephant Oil Corporation ELEP is now ready to IPO on the Nasdaq.

[the chairman elect] 15/8/2022 14:33

Reference AIM listed POTASH play namely Morocco focused EMMERSON / LSE:EML //// the Morocco World News article [see links below] read as if all the potential barriers have been addressed which is clearly great news for LSE:EML

hxxps://www.moroccoworldnews.com/2022/08/350789/british-company-emmerson-to-launch-potash-factory-in-morocco

hxxps://www.moroccoworldnews.com/2022/08/350789/british-company-emmerson-to-launch-potash-factory-in-morocco

[sweepie2] 15/8/2022 08:56

Wyld Networks have sewn up Brazil from the look of things

Wyld Networks today announce a partnership to deliver IoT data in agriculture and utilities with Brazilian Internet of Things company, IoTMaxi. Wyld’s satellite connectivity will connect IoTMaxi’s sensor portfolio to the IoTMaxi analytics platform providing valuable data insights for their customers.
IoTMaxi, a company dedicated to the development of Platform Management monitoring, is seeking to optimize

preventive and corrective maintenance and significantly reduce costs and increase infrastructure uptime in regional power distribution networks and other utilities infrastructure. IoTMaxi reliably connects data from infrastructure assets to the people who need the data in order to make informed business decisions.



Working with major mobile operators and carrier companies, IoTMaxi are also seeking to deliver reliable and functional asset monitoring to manage the health of agriculture and the environment. IoTMaxi’s GPS integrated agtech sensors monitor temperature, NOC and humidity as well as dispersion of water and nutrients in soil. This data helps save significant costs per harvest and with Wyld’s 100% connectivity coverage will enable IoTMaxi to extend their market opportunities across the continent.



“IoT allows businesses to clearly predict and optimise potential efficiencies, profits and sustainability targets,” Said Eduardo Cozza, CEO of IoTMaxi. “With Wyld’s satellite IoT solution we can strengthen our solutions even in remote areas where there is no cellular coverage.”



“Remote infrastructure and agriculture are notoriously difficult to digitise,” said Alastair Williamson, CEO of Wyld Networks. “Wyld are delighted to be working with IoTMaxi to combine our solutions to solve these connectivity issues for the internet of things across 100% of the region.”

[the chairman elect] 15/8/2022 08:15

Tirupati Graphite plc (TGR.L, TGRHF.OTCQX), the specialist graphite and graphene company developing sustainable new age materials, is pleased to provide a progress update on three important workstreams. First, on the installation and commissioning of the Vatomina preconcentrate plant, secondly, on the progress to-date with regards to the rebuilding of the road infrastructure to streamline operations for the installed 12,000 tons per annum capacity, and thirdly, a progress update on the construction phase of the upcoming 18,000 additional capacity in Sahamamy.

Shishir Poddar, Executive Chairman, said:

"We are pleased to have substantially overcome the difficulties we faced in operations over the past few quarters. We have used the time as a learning period to better prepare ourselves for the future.

With the Vatomina operations coming back online and mobility restored across the two projects, we are well placed to push forward our progress and transform further as we plug in the additional capacity upcoming in Sahamamy."

[the chairman elect] 15/8/2022 08:12

Serinus Energy plc ("Serinus" or the "Company") (AIM:SENX, WSE:SEN), is pleased to announce its interim results for the six months ended 30 June 2022.

Financial

· Revenue for the six months ended 30 June 2022 was $29.3 million (30 June 2021 - $15.9 million)

· Funds from operations for the six months ended 30 June 2022 were $ 8.2 million (30 June 2021 - $ 5.3 million)

· EBITDA for the six months ended 30 June 2022 was $8.1 million ( 30 June 2021 - $5.5 million)

· Gross profit for the six months ended 30 June 2022 was $8.0 million (30 June 2021 - $2.1 million)

· The Company realised a net price of $154.83/boe for the six months ended 30 June 2022 comprising:

o Realised oil price - $101.63/bbl

o Realised natural gas price - $33.80/Mcf

· The Group's operating netback remained strong for the six months ended 30 June 2022 and was $113.38/boe ( 30 June 2021 - $26.72/boe), comprising:

o Romania operating netback - $171.01/boe ( 30 June 2021 - $28.73/boe)

o Tunisia operating netback - $63.49/boe ( 30 June 2021 - $21.85/boe)

· Capital expenditures of $4.2 million ( 30 June 2021 - $5.9 million), comprising:

o Romania - $3.5 million

o Tunisia - $0.7 million

· Working capital improved to $2.8 million (31 December 2021 - $0.6 million)

· Cash balance as at 30 June 2022 was $7.2 million (31 December 2022 - $8.4 million)

Operational

· Canar-1 exploration well commenced drilling on 4 August 2022

· Canar-1 will be drilled to 1,600 metres, targeting three prospective hydrocarbon zones and with success will be connected to the Moftinu gas plant, utilising current plant capacity

· Immediately upon completion of the drilling of Canar-1, the rig will be moved to the Moftinu Nord-1 location and will commence drilling of the Moftinu Nord-1 exploration well

· Moftinu Nord-1 will be drilled to a depth of 1,000 metres and will target a field similar to the Moftinu gas field. Moftinu Nord-1 is approximately five kilometres to the north of the Moftinu gas development project

· Management estimates 181 million barrels of mean unrisked resource are present within the Satu Mare concession area

· The Company has initiated a geological and geophysical review of the Satu Mare concession to high rank the 181 million barrels of oil equivalent prospects

· In Tunisia, production has remained stable in the first half of 2022. All material and consumables for the artificial lift programme at the Sabria W-1 well have been received in-field and the Company is awaiting mobilisation of the rig

· Workover at the CS-9 well at Chouech Es Saida is ongoing

· Production for the period averaged 1,006 boe/d, comprising:

o Romania - 485 boe/d

o Tunisia - 521 boe/d

· In April 2022, the Company performed a lifting of 42,000 bbls of Tunisian crude oil at a price of $104.79/bbl

· The Company has scheduled the next lifting and expects to perform this lifting in August 2022



About Serinus

Serinus is an international upstream oil and gas exploration and production company that owns and operates projects in Tunisia and Romania.

For further information, please refer to the Serinus website (www.serinusenergy.com)

[the chairman elect] 15/8/2022 07:55

Tirupati Graphite plc (TGR.L, TGRHF.OTCQX), the specialist graphite and graphene company developing sustainable new age materials, is pleased to provide a progress update on three important workstreams. First, on the installation and commissioning of the Vatomina preconcentrate plant, secondly, on the progress to-date with regards to the rebuilding of the road infrastructure to streamline operations for the installed 12,000 tons per annum capacity, and thirdly, a progress update on the construction phase of the upcoming 18,000 additional capacity in Sahamamy.



Vatomina Preconcentrate Installed and Plant Recommissioned



· The Company decided to divide its processing flow sheet into two parts (see RNS of 21 July 2022), shifting the first leg of processing, which removes 80-90% of impurities from the ore, to the mine pit heads referred to as the 'pre-concentrate' units.

· The construction and relocation of the first leg of Vatomina's 9,000 ton per annum plant was initiated in mid July 2022. This has now been completed and the preconcentrate and final concentrate plant recommissioned and synchronised in operation.

· As a result, the previous requirement for the transport of c.250,000 tons of ore per annum to the plant has been replaced by the pumping of c.30,000 tons per annum of 'pre concentrate' in slurry form to the main processing plant, eliminating reliance on roads and ore transport vehicles.

· The elimination of the transportation of ore and the transformation to the preconcentrate concept is expected to result in:

o a reduction of c.75,000 litres of diesel annually for the 9,000 tons Vatomina plant;

o a reduction in other costs related to the operation of the ore transport fleet estimated to be equivalent to the cost of diesel consumption saved;

o elimination of the necessity for building a high-cost metalled road from the mine areas to the main processing plant; and

o the possibility to enhance capacity of the Vatomina current facility to 18,000 tons per annum by installation of a second preconcentrate plant with limited additions in the mining fleet and main processing plant, which the Company is currently assessing.



Sahamamy 18,000 tons per annum facilities and road rebuilding update



· The construction of both pre-concentrate and main processing plants at Sahamamy continues to progress and remain on track for September 2022 completion.

· The 18,000 tons per annum plant is designed substantially using the scaled up equipment installed at Vatomina, and the Company remains confident that with the extensive ramp up activities and related modifications made over the past few quarters, these have provided enough inputs for the Company to ramp up the Sahamamy plant in more or less one quarter. This leads the management team to believe that from 2023 the Company will be well placed to operate at an estimated minimum 80% of installed capacity of 30,000 tons per annum.

· Over the past three weeks, the Company used its mining and earthmoving fleet to rebuild all the road network and has reached the stage that all road connectivity is now operational and steps are being taken to strengthening the c. 5 km weak points, which should help to counteract the effect of rain when the next wet season commences in January 2023.



The Company currently remains focussed on streamlining its operations and to complete the next 18,000 tons per annum facilities. Further guidance will be announced as soon as practicable.



Shishir Poddar, Executive Chairman, said:



"We are pleased to have substantially overcome the difficulties we faced in operations over the past few quarters. We have used the time as a learning period to better prepare ourselves for the future.



With the Vatomina operations coming back online and mobility restored across the two projects, we are well placed to push forward our progress and transform further as we plug in the additional capacity upcoming in Sahamamy."

[sweepie2] 12/8/2022 16:07

Well worth watching


12 Aug 2022 Video interview with EOG CEO

Europa are delighted to link with I3E and look forward to early September Serenity appraisal spud

[noirua] 12/8/2022 09:59

Bought EISB East Imperial for just under 4.3p.

[noirua] 12/8/2022 09:25

BLU Blue Star still available at under 0.21p. The video reference Amplitude is not widely known outside that sphere and BLU shares are being slow to react - Your Call my friends.