Top 5 Most Read RNS's on Vox Markets for Wednesday 25th January 2023

Episode 1142,   Jan 25, 2023, 08:13 AM

Top 5 Most Read RNS's on Vox Markets for Wednesday 25th January 2023

5. Predator O&G #PRD - MOU-2 Drilling Update

MOU-2 well suspended above Moulouya Fan target.

Re-evaluation of drilling mud programme required for unexpected geological formation before re-entry is considered.

4. IOG PLC #IOG - Corporate update

Rupert Newall, CEO of IOG, commented:

"At the Southwark A2 well we have now taken the production logging data and are preparing to isolate three of the six stimulated zones. Two of the three exposed gas zones will then be re-perforated with a view to improving productivity and the well will then be re-tested. The learnings from A2 are being assimilated into the A1 stimulation programme.

3. XP Factory #XPF - Trading Update

A transformational year of growth:

Strategic target of 27 open Boom Battle Bar sites achieved by year end - 11 owner-operated and 16 franchised

Group revenue of £21.9m was more than 300% of 2021 (2021: £7.0m)

Escape Hunt owner operated revenue of £9.9m was 64% ahead of 2021

Boom Battle Bar owner-operated revenue of £8.8m in its inaugural year

2. hVIVO #HVO - Trading update

Record revenue, up 30% year-on-year to £50.6 million

EBITDA margins of no less than 17%, significantly ahead of guidance

Cash of £28.4 million as at 31 December 2022

Strong contracted orderbook of £76m, up 65% year-on-year

1. Greatland Gold #GGP - Havieron Exploration and Development Update

Greatland Gold provides an exploration and development update for Havieron, its flagship gold-copper project located in the Paterson region of Western Australia.

Development of the decline has accelerated with 1,519 metres advanced (as at 18 January 2023)

Improved ground conditions and the transition to drilling and blasting of the development face has seen an acceleration of development with project record rates of advancement achieved

Drilling has continued to define both high grade material within the Eastern Breccia and Northern Breccia