"... the profitability jaws are widening" - Quoted Companies
Who said what, about what on Wednesday, 15 July. Here, we take a daily look at the impressive, inspiring and occasionally absurd executive commentary in the market.
Lending is growing at record levels, costs are flat, and profitability is increasing, the profitability jaws are widening.
— Rod Lockhart, Chief Executive
”
LendInvest (AIM:LINV), the AIM-listed alternative property finance platform, reported a profit before tax of £3.2m for the year ended 31 March, reversing a £1.2m loss the prior year.
Distil (AIM:DIS), the AIM-listed owner of RedLeg Spiced Rum, Blackwoods Gin and Vodka, and Blavod Black Vodka, announced board changes on Thursday as it plans its next phase of growth.
We continue to progress with the capital raise which is the most viable solution to mitigate the working capital shortfall,
— Lucio Genovese, Executive Chair
”
Ferrexpo (LSE:FXPO), the London-listed producer and exporter of premium iron ore products, said it now expects its cash reserves to last only until early in the fourth quarter, as a prolonged suspension of Ukrainian VAT refunds and constrained operations squeeze working capital.
It has been an outstanding first half, with another record crystalline iodine production, up 29% and beating our previously revised production upgrade
— Tom Becker, CEO, IO
”
Iofina (AIM:IOF) produced a record 393.3 metric tonnes of crystalline iodine in the first half, up 29% on the 305.5 tonnes produced in the same period last year.
The first JORC Reserve statement in any mining project is an important milestone the first of many
— Emanuel Proença, Chief Executive
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Savannah Resources (AIM:SAV) has declared its first JORC Ore Reserve Estimate at the Barroso Lithium Project in Portugal, a milestone the AIM-listed developer says will anchor the project's Definitive Feasibility Study.
The more results we receive the more I become impressed with the continuity and consistency of both grade and mineralisation which in this case are quite remarkable
— Colin Bird, Chairman
”
Kendrick Resources (LSE:KEN), the AIM-listed rare earths explorer, reported strong portable X-ray fluorescence channel sample results from five carbonatite bodies at its Teufelskuppe project in Namibia.
The strong growth in Q2 revenue is an early sign of the successful implementation of our revised commercial strategy
— Jan Groen, Executive Chairman
”
CelLBxHealth (AIM:CLBX), the AIM-listed circulating tumour cell (CTC) intelligence company, reported first-half revenue of £0.6 million, down from £0.8 million a year earlier, but said second-quarter revenue of £0.4 million doubled the first quarter's £0.2 million.
This disciplined approach of acquiring, developing and selectively monetising solar assets creates a self-reinforcing cycle of value creation,
— Andrea Cattaneo, Chief Executive
”
Zenith Energy (LSE:ZEN) has signed a memorandum of understanding through its wholly owned Italian subsidiary WESOLAR S.R.L. to sell a portfolio of solar development projects in Italy's Piedmont region for €12 million.
It is abundantly clear that early detection of a range of diseases can be transformative for both employee and employer,
— Chris Evans, Founder, EDX Medical
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EDX Medical Group (LSE:EDX) has launched a corporate health and wellbeing screening service in the UK, offering biomarker testing panels that assess risk of cancer, cardiovascular disease and metabolic disorders.
Black Star has the characteristics of a highly prospective exploration project and we're excited to commence the next phase of work,
— Hewie Rattray, Chief Executive
”
London BTC Company (LSE:BTC) has staked its fourth US gold project, Black Star, in Pershing County, Nevada, after due diligence sampling returned surface grades of up to 16.23 g/t gold and 49 g/t silver.
