3 Companies Rising on Good News for Thursday 20th April 2023
Episode 1346, Apr 20, 2023, 10:19 AM
3 Companies Rising on Good News for Thursday 20th April 2023
1. Ondo InsurTech #ONDO - Ondo and WNS sign go-to-market channel partnership
Ondo InsurTech announce a new go-to-market partnership with WNS Ltd, a world-leading business process management (BPM) company quoted on the New York Stock Exchange (NYSE:WNS) with a market capitalisation of over $4BN.
The partnership represents a significant milestone for Ondo; WNS are working with some of the largest insurers in the world and Ondo's innovative 'escape of water' claims mitigation technology has the potential to bring material financial benefit to WNS's household insurance clients globally.
2. Alkemy Capital Investments - Corporate Update
Alkemy Capital Investments and its wholly-owned subsidiary Tees Valley Lithium Limited ("TVL") are pleased to provide a corporate update on recent activities and milestones.
HIGHLIGHTS
· Macro outlook for lithium processing remains extremely robust with 700GW of gigafactory capacity planned for Europe with currently limited lithium refining capacity in the UK and Europe.
· TVL's world class Wilton lithium hydroxide refinery, one of Europe's largest and most advanced, has received environmental and planning permission, is shovel ready, with final FEED engineering studies now underway.
· Project financing discussions advancing with multiple potential providers of debt, strategic equity and green bond finance.
3. Dekel Agri-Vision #DKL - Q1 2023 Cashew Operation Update
The Raw Cashew Nut ('RCN') buying season commenced around mid Q1 2023. The quantity and quality of RCN available to purchase has been in line with the Company's expectations and the pricing of RCN has been slightly better than the Company's expectations.
Lincoln Moore, Dekel's Executive Director, said: "We are excited to have entered the commercial phase of our Cashew Operation and to report our first period of producing and selling commercial quantities of cashews. The short term focus now is to materially increase daily production during Q2 2023.
1. Ondo InsurTech #ONDO - Ondo and WNS sign go-to-market channel partnership
Ondo InsurTech announce a new go-to-market partnership with WNS Ltd, a world-leading business process management (BPM) company quoted on the New York Stock Exchange (NYSE:WNS) with a market capitalisation of over $4BN.
The partnership represents a significant milestone for Ondo; WNS are working with some of the largest insurers in the world and Ondo's innovative 'escape of water' claims mitigation technology has the potential to bring material financial benefit to WNS's household insurance clients globally.
2. Alkemy Capital Investments - Corporate Update
Alkemy Capital Investments and its wholly-owned subsidiary Tees Valley Lithium Limited ("TVL") are pleased to provide a corporate update on recent activities and milestones.
HIGHLIGHTS
· Macro outlook for lithium processing remains extremely robust with 700GW of gigafactory capacity planned for Europe with currently limited lithium refining capacity in the UK and Europe.
· TVL's world class Wilton lithium hydroxide refinery, one of Europe's largest and most advanced, has received environmental and planning permission, is shovel ready, with final FEED engineering studies now underway.
· Project financing discussions advancing with multiple potential providers of debt, strategic equity and green bond finance.
3. Dekel Agri-Vision #DKL - Q1 2023 Cashew Operation Update
The Raw Cashew Nut ('RCN') buying season commenced around mid Q1 2023. The quantity and quality of RCN available to purchase has been in line with the Company's expectations and the pricing of RCN has been slightly better than the Company's expectations.
Lincoln Moore, Dekel's Executive Director, said: "We are excited to have entered the commercial phase of our Cashew Operation and to report our first period of producing and selling commercial quantities of cashews. The short term focus now is to materially increase daily production during Q2 2023.