OnTheMarket, Blencowe Resources & Vadim Alexandre on, Novacyt, Polarean, Diurnal & Feedback
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On today's Vox Markets Podcast: OnTheMarket, Blencowe Resources & Vadim Alexandre on, Novacyt, Polarean, Diurnal & Feedback
Clive Beattie, Acting Chief Executive Officer of OnTheMarket #OTMP discusses some of the highlights from their interim results and future outlook.
OnTheMarket plc, the majority agent-owned company which operates the OnTheMarket.com property portal, is a leading UK residential property portal provider. Its objective is to create value for shareholders and property advertiser customers by delivering an agent-backed, technology enabled portal - offering a first-class service to agents and new homes developers at sustainably fair prices and becoming the go-to portal for serious property-seekers. With almost 3,800 estate and letting agents as shareholders, or under contract to become shareholders, operating 6,800 offices, OnTheMarket provides a unique opportunity for agents to participate in the equity value of their own portal. Agent backing and support enable OnTheMarket to display "New & exclusive" properties to serious property-seekers 24 hours or more before agents release these properties to other portals.
Mike Ralston, Chief Executive Officer of Blencowe Resources #BRES provides an operational update on their graphite project.
Orom-Cross is a substantial graphite project in northern Uganda. Blencowe Resources acquired 100% of this asset in April 2020 following extensive due diligence and a capital raise of £2 million in the UK. These funds will be utilised to advance Orom-Cross through to a maiden JORC Resource, followed by a feasibility study and ultimately to a decision mine. Orom-Cross has several key characteristics that suggest it can be a standout graphite project; namely considerable size and scale, significant graphite near to surface that suggests low strip ratio for mining and a low cost operation, predominantly large flakes which may yield a high grade, highly sought after concentrate as its end-product, and a lower sovereign risk location as considered in relation to many other similar large graphite projects in Africa. (Interview starts at 14 minutes 37 seconds)
Vadim Alexandre, Head of Healthcare at SP Angel discusses
(Interview starts at 23 minutes 55 seconds)
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