Top 5 Most Read RNS's on Vox Markets for Thursday 2nd March 2023
Episode 1225, Mar 02, 2023, 08:06 AM
5. Metro Bank #MTRO - Results for Year ended 31 December 2022
Underlying profit in Q4 achieved.
Underlying revenue increased by 31% to £522.1 million.
Underlying loss before tax for the year improved by 70% to £50.6 million.
4. Totally #TLY - Trading Update
Totally continues to deliver strong revenue growth against the prior year and in line with consensus market expectations.
The Company has however been impacted by the combined impact of high inflation, national strikes.
Totally now expects EBITDA for the twelve months ending 31 March 2023 to be c. £6.3 million which is below current consensus market expectations.
Cash at period end is expected to be c.£5.5 million and the Company intends to maintain its dividend in line with previous expectations.
The Board remains confident in the prospects of the Company and expects continued growth moving forward.
3. Orosur Mining #OMI - Operational Update
US$2m Anzá JV option payment received.
Anzá JV structuring advancing.
Mapping and sampling at El Pantano Project in Argentina yielding positive results.
Major regional mapping campaign at Ariquemes Project in Brazil now complete - results pending.
2. Poolbeg Pharma #POLB - Positive Results POLB001 LPS Human Challenge Trial
POLB 001 resulted in a highly significant reduction in p38 MAP kinase driven cytokines
POLB 001 treatment exhibited a marked reduction in multiple markers of systemic and local inflammation compared with placebo
Trial results demonstrate expected utility in severe influenza and other acute inflammatory conditions
1. Angus Energy #ANGS - Saltfleetby Drilling and Corporate Update
The drilling of the SF7v sidetrack at the Saltfleetby Field has concluded, reaching a total measured depth of 2746 meters in the Westphalian 1D reservoir. The well bore has been secured with 4.5" liner to that depth, slotted across the reservoir.
Following the setting of the well completion production tubing, well clean-up operations will be conducted in the middle of March once coiled tubing equipment becomes available. Flow testing will follow shortly afterward and, assuming coiled tubing services are available at the scheduled date, the additional flow from this well should be available for export from 1 April.
Underlying profit in Q4 achieved.
Underlying revenue increased by 31% to £522.1 million.
Underlying loss before tax for the year improved by 70% to £50.6 million.
4. Totally #TLY - Trading Update
Totally continues to deliver strong revenue growth against the prior year and in line with consensus market expectations.
The Company has however been impacted by the combined impact of high inflation, national strikes.
Totally now expects EBITDA for the twelve months ending 31 March 2023 to be c. £6.3 million which is below current consensus market expectations.
Cash at period end is expected to be c.£5.5 million and the Company intends to maintain its dividend in line with previous expectations.
The Board remains confident in the prospects of the Company and expects continued growth moving forward.
3. Orosur Mining #OMI - Operational Update
US$2m Anzá JV option payment received.
Anzá JV structuring advancing.
Mapping and sampling at El Pantano Project in Argentina yielding positive results.
Major regional mapping campaign at Ariquemes Project in Brazil now complete - results pending.
2. Poolbeg Pharma #POLB - Positive Results POLB001 LPS Human Challenge Trial
POLB 001 resulted in a highly significant reduction in p38 MAP kinase driven cytokines
POLB 001 treatment exhibited a marked reduction in multiple markers of systemic and local inflammation compared with placebo
Trial results demonstrate expected utility in severe influenza and other acute inflammatory conditions
1. Angus Energy #ANGS - Saltfleetby Drilling and Corporate Update
The drilling of the SF7v sidetrack at the Saltfleetby Field has concluded, reaching a total measured depth of 2746 meters in the Westphalian 1D reservoir. The well bore has been secured with 4.5" liner to that depth, slotted across the reservoir.
Following the setting of the well completion production tubing, well clean-up operations will be conducted in the middle of March once coiled tubing equipment becomes available. Flow testing will follow shortly afterward and, assuming coiled tubing services are available at the scheduled date, the additional flow from this well should be available for export from 1 April.