With three material contracts secured (Cory phase 1 at £8.5m Cory phase 2 at £9.6m and the M55 Regeneration Programme at £55m), management remains comfortable with the guidance of revenues between £65m and £75m for FY22. The company focused on strategic infrastructure projects and physical asset lifecycle management, provides a trading update for the year ended 31 December 2022 (FY22) and aspirations for FY23/FY24. Harland & Wolff Group 11.3p £18.3m (HARL.L) The revenue share arrangements give Edenville $10 per tonne of washed coal sold at the minimum price of $35 per tonne, plus 60% of any sales revenue above $35 per tonne of washed coal (profit share). The net target sales price for Rukwa coal delivered at the gate is currently estimated to be between $35-$50 per washed tonne. The mineral exploration and development company announce that it has signed an agreement with Brahma Energies Limited for production and sales of a minimum of 4,000 tonnes of washed coal per month at Edenville’s Rukwa Coal Project in Tanzania. The second interest, the Hussar Prospect is 100% owned by the Company and is located in the Officer Basin in Western Australia. The first, the Mount Winter Prospect is located in the Amadeus Basin in Northern Australia, which the Company has a right to earn an initial 75% interest. Georgina Energy has two principal onshore interests. Georgina Energy, an early-stage resource company with a strategy of actively pursuing the exploration, commercial development and monetisation of helium, hydrogen and hydrocarbon interests located in the Amadeus and Officer Basins in Northern and Western Australia intends to join AIM. The Company acts as the holding company for its wholly-owned operating subsidiary, Unitape Limited and its 60% owned operating subsidiary, Unigel (UK) Limited. The Group exports to over 40 countries and is a key supplier to almost every leading fibre optic cable manufacturer worldwide and is the industry’s only organisation with multiple manufacturing facilities spread across 3 continents. Thixotropic gels and laminated steel tapes are essential components to the rapidly growing global fibre optic cable market. The Company is also a supplier of laminated steel tapes to the fibre optic cable industry in the US. Unigel Group is a pioneer in the field of thixotropic gels for the fibre optic cable industry. BLZE shot up to as high as a $22.25 intraday, up 39.1% from the stock’s $16-a-share IPO price.Backblaze (NASDAQ: BLZE) soared nearly 40% intraday Thursday in its first trading session following an IPO that valued the cloud-storage firm at just under $500M.Unigel Group, intends to join the Aquis Growth Market. Techmeme: Cloud backup service Backblaze climbed 24 in its Nasdaq debut on Thursday and 12 on Friday, after raising 100M in its IPO, giving it a market cap of 650M (Jordan Novet/CNBC) The essential tech news of the moment. The firm’s initial public offering raised $100M by selling some 6.3M Class A shares at the midpoint of their expected $15-$17/share range.Shares later pulled back, but still ended the day ahead 24.4% at $19.90. so now they include mirroring to The Cloud T00:38:27. BLZE also granted underwriters the option to buy 937,500 extra Class A shares for overallotments. The rise of the small-business cloud This Thursday: Backblaze's IPO could usher in the small-business cloud, why Twilio is going after the customer-data platform market, and now really might be the time to start crying, Argentina. The company also has Class B shares for executives and pre-IPO investors.if you can get 700mil you can IPO at a billion and the directors believed. Backblaze ( BLZE) will have a total of about 29.3M Class A and B shares outstanding going forward.one vote for Class A shares, giving insiders about 97% of BLZE’s voting power. Assuming both carry the same price, that valued the company at about $468M on a non-diluted basis as of its IPO. BLZE offers cloud-based computer storage and backup services to both businesses and consumers.Thursday’s rally boosted that up to about $582.5M. BLZE’s pre-IPO investors include London-listed financial firm TMT Investments, which owns about 25% of the company.The New York Times’ Wirecutter review site recently lauded BLZE as “the easiest to use and the best cloud backup service for most people.”.The company’s subscription-based products compete with larger rivals like the S3 service from Amazon (NASDAQ: AMZN), Azure from Microsoft (NASDAQ: MSFT) and Google Cloud from Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL).
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