We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Evocutis | EVO | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.0425 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.0425 | 0.0425 |
| Top Posts |
|---|
Posted at 01/6/2016 10:24 by tomboyb EVO AT 0.05P?Capped at 600k - 700k cash followed by 2% of Horse Hill and 10% Brazilian Tungsten mine - could be an easy doubler - However - loads available at 0.052p! |
Posted at 25/4/2016 15:09 by lazygun Although Evo does look undervalued now. It has around £650-700k cash (bank balances, plus recent fund raisings), plus its investments in other stocks are now worth around £200k or so, plus circa £200k per annum (from horse hill investment- so payback in slightly less than 3 years once horse hill starts production, plus a 10% interest in a tungsten mine....Mkt cap circa 0.7 million... L. |
Posted at 22/3/2016 09:12 by scotty666 p@, what do you suppose drove the increase in AP in the last financial statements?hxxp://www.evocutis. I think you need to edit your post to "accrued" clover! |
Posted at 03/3/2016 17:15 by rwauu Evo is like EU, all these companies will have to caugh up cash for "common good". Ha ha ha!!! |
Posted at 23/2/2016 14:31 by comedy question is how much of placing is shorters closing???and will h deliver a biggie for next zone??if not then evo will drop...if biggie then evo may take off...but wont now do what i was hoping for.:( |
Posted at 22/2/2016 18:51 by deltalo Im sure that EVO is a hidden gem in AIM. Allot don't realize EVO has interest in the horsehill oil find. Small mkcap with other interests it looks like investers are starting to find us. |
Posted at 05/6/2015 15:07 by moreforus news today or next week:-Evocutis PLC Update - Tungsten Mining Operations, Brazil Alert TIDMEVO RNS Number : 7178M Evocutis PLC 11 May 2015 11 May 2015 Evocutis plc ("Evocutis" or the "Company") Update - Tungsten Mining Operations, Brazil Evocutis PLC (LSE AIM: EVO) is pleased to announce that the exclusive option to increase its holding in Brazil Tungsten Holdings Limited to 20% by investing a further US$1million towards mine expansion, as referred to in the announcements of 12 February 2015 and 18 December 2014, has been extended to 5 June 2015. All other conditions of the option agreement are unchanged. |
Posted at 11/5/2015 07:08 by moreforus HH upgrade for Portland from 8 to 20 mill...Tungsten RNs...option extended ...more negotiations ... Evocutis PLC Update - Tungsten Mining Operations, Brazil Alert TIDMEVO RNS Number : 7178M Evocutis PLC 11 May 2015 11 May 2015 Evocutis plc ("Evocutis" or the "Company") Update - Tungsten Mining Operations, Brazil Evocutis PLC (LSE AIM: EVO) is pleased to announce that the exclusive option to increase its holding in Brazil Tungsten Holdings Limited to 20% by investing a further US$1million towards mine expansion, as referred to in the announcements of 12 February 2015 and 18 December 2014, has been extended to 5 June 2015. All other conditions of the option agreement are unchanged. |
Posted at 24/4/2015 09:22 by ryan83 Whichever way you look at it, EVO have 55m shares in ALBA which at todays price of 0.66p = £377k to EVO.Then, dare I repeat myself £650k cash £425k HHDL cost £700k Bodo cost £250k Venn holding £?? Venn Royalties £60k NMG holding £337k ALBA holding £2.4m total Now, is Bodo or HHDL worth more than what it cost? UKOG = 21% interest in HH and £50m mar cap. EVO, taking into account direct HHDL investment and ALBA holding = 1.7%. UKOG valued at £2.38m per 1% of HH. Therefore EVO = £2.38m x 1.7 = £4m so revised £650k cash £4m HH investment (based on HHDL and ALBA holding using UKOG value as benchmark) £250k Venn holding £?? Venn Royalties £60k NMG holding £5m total Now - what about the VENN royalties? looking over the last few VENN RNS's they have a $18m sales figure for the current year. 23 Dec 14 "the Company already has contracted revenue for next year in excess of €6m, as well outstanding proposals for new contracts worth a total of €18m" and since then 30 Mar 15 "Venn Life Sciences (AIM: VENN), a growing Clinical Research Organisation (CRO) providing clinical trial management and resourcing solutions to pharmaceutical, biotechnology and medical device clients, announces today the signing of new contracts worth over €4.1m with a leading US based Biotechnology client" and 2 Apr 2015 "Venn Life Sciences (AIM: VENN), a growing Clinical Research Organisation (CRO) providing clinical trial management and resourcing solutions to pharmaceutical, biotechnology and medical device clients, announces that InnoVenn, the skin science division of Venn, has extended its product line and seen first sales in the US" I dont know the split between labskin (7.5% royalty) and SYN1113 (25% royalty) but if we took the lower case 7.5% of the $18m = $1.35m or £1m. Then there is Bodo - "The Bodó mine is currently operating at approximately 50-60 tonnes of ore per day from the Pajeù incline Shaft on a 6 day per week operation. The last shipment of tungsten concentrate from Bodó was on the 5th January 2015 with estimated gross proceeds from this shipment of $150,000. At an APT Price of $290/mtu, this translates into a gross sale value per tonne of standard export concentrate containing 68% WO3 of approximately $15,000/tonne" "Bodó is a high-grade tungsten operation employing 96 people, and is currently operating at the rate of about 50-60 tonnes of ore production per day from underground operations. The ore is being processed through an onsite treatment plant with a current capacity of about 200 tonnes per day. Tungsten concentrates are sold to the global export market under an existing sales agency agreement with Wogen Pacific Limited." So at 50-60 tonnes per day making $150k a month. and "It is intended that the funds provided by Evocutis will be specifically used to provide the necessary working capital to expand and improve the existing operations. For the mine, funds will be utilised to refurbish an existing incline shaft and advance underground development so that daily ore production can be tripled" so thats revenue of $450k per month or $5.4m. also "For the mill, funds will be utilised to modify the plant, which is expected to improve tungsten recoveries from approximately 65% to an anticipated recoveries of over 80%, by adding grinding equipment to fully liberate the tungsten mineral." so thats a 25% improvement in recovery, so that becomes $562k per months or $6.75m annually. Interestingly they think that 200 tonnes per day can be achieved ansd at recovery rates improved by 20% so could be as much as $450k / 50 current output * 200 potential output * 1.25 improvement in recovery = $2.25m per month or $27m annually. EVO have 10% of this for £700k, if the $27m per year is achieved this is $2.7m to EVO (£1.8m) So current 'base' value is £2.4m and potential of upto £7.8m, but even then royalties bieng royalties come each year. Current market cap of £1.6m is quite simply staggering. |
Posted at 18/12/2014 09:17 by liquid millionaire Evocutis PLCInvestment in Producing Tungsten Mining Operation RNS Number : 1168A Evocutis PLC 18 December 2014 18 December 2014 Evocutis Plc ("Evocutis" or the "Company") Investment in Producing Tungsten Mining Operation, Brazil Evocutis Plc (AIM: EVO) is pleased to announce that it has signed a Binding Term Sheet ("BTS") to acquire an initial 10% interest in Brazil Tungsten Holdings Limited ("BTHL") which owns a 25 year lease over (with the option to extend) the producing Bodó Tungsten Mine in Rio Grande do Norte, Brazil, by investing US$1m in new capital in BTHL for the specific purposes of mine expansion. Evocutis will acquire the 10% interest by subscribing for new shares ("Subscription Shares") that represent a 10% shareholding in BTHL. Evocutis also has an exclusive option to increase its holding in BTHL to 20% within 60 days by investing a further US$1million towards mine expansion, subject to certain conditions. David Lenigas, the Company's Chairman, commented: "Evocutis sees the specialty high tech metals sector as an exciting place to invest and these funds will be specifically directed at increasing tungsten production over the coming year from the Bodó Tungsten Mine in Brazil." About the Bodo Tungsten Mine, Brazil: BTHL is headed up by mining specialists Stephen Fabian, Paul Berndt and Mark Burridge. BTHL owns, through its wholly-owned subsidiary, Bodó Mineracao Ltda, the Bodó Tungsten Project ("Bodó"), which is located in Brazil's Seridó Tungsten Province in the State of Rio Grande do Norte. The Seridó Tungsten Province is Brazil's most important tungsten producing region and hosts the majority of Brazil's tungsten reserves. The project is located adjacent to highway RN203 and is 200 km west of the State capital of Natal. Bodó is a high-grade tungsten operation employing 96 people, and is currently operating at the rate of about 60 tonnes of ore production per day from underground operations. The ore is being processed through an onsite treatment plant with a current capacity of about 200 tonnes per day. Tungsten concentrates are sold to the global export market under an existing sales agency agreement with Wogen Pacific Limited. Total tungsten tri-oxide (WO3) mined from January-November 2014 has been 4,351 metric tonne units ("MTUs") with 2,722 MTUs recovered. It is intended that the funds provided by Evocutis will be specifically used to provide the necessary working capital to expand and improve the existing operations. For the mine, funds will be utilised to refurbish an existing incline shaft and advance underground development so that daily ore production can be tripled. For the mill, funds will be utilised to modify the plant which is expected to improve tungsten recoveries from approximately 65% to anticipated recoveries of over 80%, by adding grinding equipment to fully liberate the tungsten mineral. Beyond this, the directors of Evocutis believe significant further growth potential exists from both continued underground development and several potential open pit mining areas already identified which have the potential to support continued cost-effective growth to levels of production a multiple above current levels. BTHL's holdings consist of one mining lease and two exploration licenses totalling 189.6 hectares. The Bodó mining lease 000.894/1944 is surrounded by the adjacent exploration licence areas; 848.129/2006 (9,965 ha) and 848.129/2006 (281.75 ha). The Departmento Nacional de Produçã The Bodó Mine when acquired by Brazil Tungsten Holdings Limited had a Simplified Licence (Licença Simplificada) which allows extraction of 4,500 t/m (approximately 185 t/d). This Simplified Licence was granted on the 26th March 2012 and is valid until 22nd September 2016. Brazil Tungsten, after consultation with the local authorities, intends to convert this to an unlimited operating licence (Lincença de Operaçã Tungsten Overview: Tungsten is a rare metal and is classed as a critical raw material and a strategic metal due to its concentration of supply from China (83% of world supply) and due to its importance to industry, aerospace and defence. The main end-use application for tungsten is in the manufacture of cemented carbides, also known as hardmetals. Cemented carbides accounted for around 55% of tungsten consumption in 2010 and are, therefore, the main driving factor behind tungsten demand. The steels and alloying sector represented around 23% of global consumption with tungsten used in tool, stainless and full alloy steels, as well as in superalloys. Tungsten-based alloys are also a significant market for tungsten in this sector. Mill products manufactured from tungsten metal, which are mainly used as filaments in the lamp industry, and for electrical and electronic contacts, had a 14% share of the tungsten market in 2010, while other uses, principally chemical applications and products, such as catalysts and pigments, accounted for the remaining 8%. (Source: Roskill information Services 2012; hxxp://www.mmta.co.u Transaction details: The consideration for the initial 10% interest in BTHL shall be paid as follows: 1. Evocutis will pay BTHL US$250,000 within 7 days of signing of this BTS, which was executed yesterday. This sum will be a deposit for the Subscription Shares. 2. Immediately on satisfaction of the conditions precedent, Evocutis will make a further payment of US$750,000 to BTHL towards the costs of expanding the operations at theBodó Mine. On payment of this sum (and taking account of the deposit paid), the Subscription Shares will be issued as fully paid up Shares in BTHL, which represents a 10% shareholding of BTHL. The transaction is subject to the condition precedent that the obligations of the parties under this BTS being finalised into a formal Investment Agreement within 60 days of signing of this BTS. Glossary: MTU metric tonne unit the unit by which tungsten raw materials are bought and sold, equivalent to 10kg. WO3 tungsten tri-oxide the chemical entity by which the grade of tungsten products and their mass is usually measured |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
