Updates and financials:
AUSMEX MINING GROUP LIMITED (ASX: AMG) - From the 100% owned, ‘The Trump’ granted Mining Lease ML2549 within AMG’s suite of Cloncurry, Queensland assets, Ausmex Mining Group has announced exceptional RC drilling results. Including a 6m gold zone within oxide material from 75 – 81m, averaging over 1 Ounce per ton of Gold, Bonanza gold grades were intersected in the extension of drill hole TR17RC07 with grades of up to 172 g/t gold. The company’s cash and cash equivalents stand at $2.077 million. The stock was trading at a market price of $0.053, with a daily price change of $0.019 or a percentage change of 55.882% as at August 28, 2018.
COLLABORATE CORPORATION LIMITED (ASX: CL8) - The most lucrative program for the company is that its DriveMyCar business unit has entered into an affiliate program agreement with Airbnb and is a pay-for-performance program for partners who promote hosting on Airbnb. A 21% increase in receipts from customers, was concluded for FY18. Lowest cash used in operating activities for the year was in the June 2018 Quarter. The stock was trading at a market price of $0.021 and with a daily price change of $0.004 and a percentage change of 23.529% as at August 28, 2018. The stock has however, undergone a performance change of -46.88% over the past 12 months.
PRAIRIE MINING LIMITED (ASX: PDZ) - To facilitate substantial and more advanced discussions regarding any potential co-operation or transaction(s) options in respect of Prairie’s Polish coking coal projects, during the quarter June 30, 2018, Prairie and JSW continued to exchange technical and commercial information. Prairie is in a strong financial position to progress with its planned activities at Debiensko and Jan Karski, with CD Capital’s right to invest a further A$68 million as a cornerstone investor. Prairie also has a cash reserve of A$11 million. The stock was trading at a market price of $0.525 and with a daily price change of $0.095 and a percentage change of 22.093% as at August 28, 2018. The stock has undergone a performance change of -17.31% over the past 12 months.
JIAJIAFU MODERN AGRICULTURE LIMITED (ASX: JJF) - For the financial year ended 30 June 2018 the group recorded total revenue of $52,538,501, compared to $39,682,173 for the corresponding period of 2017, representing 32% increase. Due to the increase in gross profit by $4 million, from $1,760,052 in financial year 2017 to $6,000,935 in financial year 2018, the net profit after tax from continuing operations has increased reflecting a strong performance. The stock was trading at a market price of $0.120 and with a daily price change of $0.020 and a percentage change of 20% as at August 28, 2018. The stock has undergone a performance change of -60.00% over the past 12 months.
PHARMAUST LIMITED (ASX: PAA) - The business has been progressing successfully on several fronts. A canine Phase II clinical trial protocol with the assistance of its Clinical Advisory Board, has been developed by PharmAust, during the past three months. An additional 500,000 shares each on-market at a combined cost of $40,000, during the quarter Messrs Bishop and Wright purchased. The cash and cash equivalents stand at $1.876 million as at June 30, 2018. The stock was trading at a market price of $0.043 and with a daily price change of $0.005 and a percentage change of 13.158% as at August 28, 2018. The stock has undergone a performance change of -38.71% over the past 12 months.
ACROW FORMWORK AND CONSTRUCTION SERVICES LIMITED (ASX: ACF) - To 30 June 2018, the company business performed very strongly for the 12 months period. It has recorded highest number of revenues since 2013 with $65.3 million. The company’s sales contribution margin is of 60.2% while sales contribution is of $39.3m. It has Strong Operating Cash Profit of $9.0m and ending cash balance of $4.9m which shows the decent financial position of the company. The stock was trading at a market price of $0.420 and with a daily price change of $0.075 and a percentage change of 21.739% as at August 28, 2018, the stock is trading near its 52-week high. The stock has undergone a performance change of 35.29% over the past 12 months.
WINCHESTER ENERGY LTD (ASX: WEL) - For the June 2018 quarter, gross oil production was 12,660 barrels of oil. The total revenue was US$357,807 for the June 30, 2018 quarter. Out of which oil revenue was US$337,092 and total gas sales revenue was US$20,715. In eight producing wells, Winchester currently has a 50% working interest. The total cash and cash equivalents for the June 2018 quarter stands at $1.150 million. The stock was trading at a market price of $0.021 and with a daily price change of $0.003 and a percentage change of 16.667% as at August 28, 2018, the stock is trading near its 52-week high. The stock has undergone a performance change of -77.50% over the past 12 months.
SCHROLE GROUP LTD (ASX: SCL) - To provide comprehensive recruitment services to international schools, Schrole has entered transformational alliance with ISS. As at July 31, 2018. Representing a year-on-year increase of over 58%, Schrole has continued its sales of the Connect platform with the number of active licenses increasing to 160. From customers for the period of June 30, 2018, the company had receipts of approximately $438,000 and has a cash balance of approximately $1.7m. The stock was trading at a market price of $0.016 and with a daily price change of $0.002 and a percentage change of 14.286% as at August 28, 2018. The stock has undergone a performance change of -56.25% over the past 12 months.
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