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Top 5 Most Read RNS's on Vox Markets for Wednesday 18th January 2023
5. IOG PLC - Southwark update
The Southwark A2 well has progressed through the hydraulic stimulation phase and currently remains in the clean-up phase, which has taken longer than planned
Following stimulation of six reservoir zones, gas rates observed from A2 to date have been lower than expected.
4. MyHealthChecked - Confirmation of Capital Reduction
The reduction of capital, involving the cancellation of the Deferred Shares, the Share Premium Account and the Capital Redemption Reserve of the Company, has been confirmed by the High Court of Justice of England and Wales
3. Rambler Metals & Mining - Q4 2022 Operational Results
For the quarter ended 31 December 2022, the Ming Mine averaged ore production of 1,045 dry metric tonnes per day (Q3 2022: 998 dmt per day). Broken ore inventory on surface at year end was 6,047 dmt (Q3 2022: 4,741 dmt).
Discussions continue with several groups, including Newgen Resource Lending Inc as the Company's principal secured creditor, to restructure the finances of the Company.
2. Kistos Holdings - Benriach & Operational Update
Cash of €211MM as of 31/12/22
Gross debt reduced to €82MM (from €150MM) through repurchase of €68MM of bonds in the market, resulting in net cash position of €129MM as of 31/12/22
Pro-forma production for the full year to 31/12/22 was 10,700 boe/d from the Greater Laggan Area (GLA) and Q10-A
1. Omega Diagnostics - Trading update
Whilst demand for Omega's food sensitivity tests remains strong and the order book continues to grow, the Company has faced a several headwinds that have impacted the ability to fulfill orders ahead of 31 March 2023. Whilst the current order book is £2.5 million and further orders are expected, a number of orders will move into FY24.