At the other end of the spectrum, Backblaze made news with another IPO. The market cap went past $105 billion for Rivian Automotive afterward, putting it ahead of General Motors and Ford. Yet, the company made headlines, raising almost $12 billion with an IPO. 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.īanquet Buffet Edenville Energy 12.0p £2.6m (EDL.Rivian Automotive, a leading electric vehicle manufacturer, currently has negligible revenues. The net target sales price for Rukwa coal delivered at the gate is currently estimated to be between $35-$50 per washed tonne.
Cloud backblaze thursday friday 100m ipo plus#
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). Harland & Wolff Group 11.3p £18.3m (HARL.L) #CLOUD BACKBLAZE THURSDAY 100M IPO PLUS#
Cloud backblaze thursday friday 100m ipo update#
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. #CLOUD BACKBLAZE THURSDAY 100M IPO UPDATE# 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. Given the contracted revenues, the stability of the cruise & ferry and ship repair markets and confidence around potential orders within the defence and renewables markets, management has an aspiration of generating revenues of between £100m and £115m for FY23 and between £200m and £230m for FY24. The life sciences and sustainability technology investment and commercialisation company, announces the completion of its acquisition of a 30% stake in Vortex. With the core technology in the capture and isolation of high quality Circulating Tumour Cells (CTCs) from blood samples, Vortex is focused on developing its position in the dollar oncology liquid biopsy market. Additionally, Vortex has recently appointed Paul Jones as its new Chief Executive Officer.
The executive search and interim management firm announces its unaudited interim results for the six months ended 30 June 2022 (H1 2022). #CLOUD BACKBLAZE THURSDAY 100M IPO PLUS#.
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