Sign up UNITED KINGDOM
Proactive Investors - Run By Investors For Investors
Markets

Proactive news snapshot: Sirius Minerals, Collagen Solutions, OptiBiotix Health …

A glance at some of the day's highlights from the Proactive Investors newswire
Newspapers
Your daily round-up from the world of Proactive

Sirius Minerals PLC (LON:SXX) has struck an offtake deal to sell a large volume of the fertiliser product that will be produced from its North Yorkshire mine. The mine developer has agreed a deal with Wilmar Group, a Singapore listed agribusiness group, for the use and resale of the POLY4 exclusively in South East Asia.

Medical-grade collagen manufacturer Collagen Solutions PLC (LON:COS) has hailed the “strength and quality” of its sales pipeline ahead of what it expects will be a busy second half of the year. The AIM-quoted company has said all along that it expects this year’s results to be second-half weighted, a point it reiterated again on Thursday.

One of the world’s leading microbiome scientists is to present OptiBiotix Health plc’s (LON:OPTI) latest research at a large industry conference in San Diego next week. Professor Bob Rastall will speak at the Microbiome R&D and Business Collaboration on 2-3 November.

Vast Resources PLC (LON:VAST) told investors it intends to raise ‘a small amount’ of equity capital to maintain its ongoing operational activity. The company, in a statement, highlighted that it has been presented with a number of potential non-dilutionary finance options from metal traders and debt providers.

Flying Brands Limited (LON:FBDU) is hoping to use the data from its StoneChecker kidney stones medical imaging software product for a wider range of commercial applications than originally intended. There is also a higher level of interest than expected in publishing post-marketing research on the clinical usefulness of the StoneChecker software, the company said.

Giant observation wheel specialist Challenger Acquisitions Ltd (LON:CHAL) remains confident that full construction of the New York Wheel (NYW) project will recommence in the near-term. A court hearing is scheduled today in New York where the New York Wheel and the former wheel contractor will discuss the transition matters related to the extensive work done by the various subcontractors for the NYW Project.

Kin Group Plc’s (LON:KIN) return to AIM has been delayed after  the group decided first to carry out a share consolidation. Shares in the shell are suspended and trading had been expected to resume this week but the share consolidation will require the approval of shareholders in general meeting.

Anglo Asian Mining Plc (LON:AAZ) chief executive Reza Vaziri on Thursday told investors that the junior miner has been “extremely busy” on the ground in Azerbaijan. As production from the Gedabek mine has been ramping up and output has started at the Ugur open-pit, the company has turned attentions to exploration.

Jubilee Platinum PLC (LON:JLP) has seen a big increase  in revenues and profits  as platinum production from its tailings operation at the Hernic mine ramped up. Output from Hernic, in South Africa, rose to 2,874 ounces of platinum (PGM) in the three months to September compared to 808oz in the previous quarter.

Cadence Minerals Plc (LON:KDNC) revealed that its investee company  Auroch Minerals is now half way through its Tisová drilling program in the Czech Republic and has intersected the sulphide blanket as predicted in its 3D model.


No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

© Proactive Investors 2017

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use