Category: News
finnCap Research Company Notes – 22 July 2019
Categories: NewsfinnCap Research Company Notes – 22 July 2019 Tri-Star Resources (TSTR) : Corp First antimony metal produced Key data Tri-Star Resources has announced that the SPMP antimony plant in Oman has produced its first antimony metal. It is not yet at the required purity for commercial sale but this is expected to improve as production…
finnCap Research Company Notes – 4 June 2019
Categories: NewsfinnCap Research Company Notes – 4 June 2019 Frenkel Topping (FEN) : Corp A smart move helping the company to achieve scale Key data Outsourcing elements of the DFM allows Ascencia to scale, while simultaneously retaining investment management fees for AUM managed in-house. Nik Lysiuk nlysiuk@finncap.com KRM22 (KRM) : Corp Managing financial risk Key data…
finnCap Research Company Notes – 24 June 2019
Categories: NewsfinnCap Research Company Notes – 24 June 2019 Tri-Star Resources (TSTR) : Corp Operations update Key data Tri-Star has released a further update on progress being made with the commissioning of the SPMP antimony and gold production facility in northern Oman. Tri-Star’s principal asset is its 40% shareholding in SPMP; this in turn owns the…
finnCap Research Company Notes – 19 June 2019
Categories: NewsfinnCap Research Company Notes – 19 June 2019 KRM22 (KRM) : Corp New partnership agreement Key data KRM22 has announced a further partnership agreement, with Neotas Ltd, allowing distribution of Neotas’s enhanced due diligence application over KRM22’s Global Risk Platform (GRP). Neotas has been developed to complement existing processes following regulatory changes with regard to…
finnCap Research Company Notes – 18 June 2019
Categories: NewsfinnCap Research Company Notes – 18 June 2019 Castleton Technology (CTP) : Corp Prelims Key data Castleton’s prelims report performance in line with the trading update: EBITDA of £6.3m (vs £6.3mE) from revenue of £26.4m (vs £26.5mE), with operating cash conversion of 97%, and free cash flow of £4.8m. With the maiden dividend reaffirming the…
finnCap Research Company Notes – 14 June 2019
Categories: NewsfinnCap Research Company Notes – 14 June 2019 M.P. Evans (MPE) : Corp AGM update: good start to the year Key data MPE has released an AGM trading statement covering the first five months of the financial year (to end May 2019). The statement highlights a solid start to the year with 5% y-o-y growth…
finnCap Research Company Notes – 13 June 2019
Categories: NewsfinnCap Research Company Notes – 13 June 2019 Iofina (IOF) : Corp CBD oil licence approved Key data Iofina has taken its first step towards developing its new CBD business, IofinaEX, receiving conditional approval for its Hemp Processor/Handler Licence Application. This business is seen as a natural fit for Iofina, both operationally and geographically, with…
finnCap Research Company Notes – 12 June 2019
Categories: NewsfinnCap Research Company Notes – 12 June 2019 Avesoro Resources (ASO) : Corp Youga operations update Key data Avesoro Resources has reported an update from its Youga gold mine in Burkina Faso. Further to Monday’s announcement about various operating problems, it has now reported that negotiations continue between its former mining workforce and the new…
finnCap Research Company Notes – 11 June 2019
Categories: NewsfinnCap Research Company Notes – 11 June 2019 iomart (IOM) : Corp Prelims – as steady as ever Key data Prelims show FY19 to be in line with the April trading update, generating free cash flow (before a freehold acquisition) of £17.5m from adjusted PBT of £25.5m and revenue of £103.7m. Having cleared £100m revenue,…
finnCap Research Company Notes – 10 June 2019
Categories: NewsfinnCap Research Company Notes – 10 June 2019 Avacta (AVCT) : Corp PD-L1 candidate selected Key data Avacta announced that it has selected its first clinical candidate Affimer against the cancer immunotherapy target PD-L1, to take into Phase I clinical trials, thereby remaining on track to submit an IND/CTA application by the end of 2020…
