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On today's Vox Markets Podcast: Immotion Group, Prospex Oil & Gas plus Cadence Minerals
Martin Higginson CEO of Immotion Group (IMMO) discusses their agreement for the installation of a 12-station VR entertainment zone at The O2 in London.
Immotion Group aims to become a market leader in the western market sector of the “Out of Home” virtual reality market, through its “Create, Publish and Distribute” model, with the objective of creating recurring revenues from a large installed base of Virtual Reality (“VR”) Motion Platforms. The Group combines its Virtual Reality content and Motion Platform hardware to offer consumers in leisure destinations, such as shopping malls and family entertainment centres, state of the art Virtual Reality experiences, for a wide range of ages. The Group is headquartered in Manchester, UK, with a subsidiary in Los Angeles, USA, and a branch in Dubai, UAE.
Ed Dawson, Managing Director of Prospex Oil & Gas (PXOG) talks about the significance of the spudding of their Bainet-2 well in North East Romania.
Prospex Oil and Gas Plc is an AIM quoted investment company focussed on high impact onshore and shallow offshore European opportunities with short timelines to production. The Company's strategy is to acquire undervalued projects with multiple, tangible value trigger points that can be realised within 12 months of acquisition and then applying low cost re-evaluation techniques to identify and de-risk prospects.
(Interview starts at 13 minutes 42 seconds)
Kiran Morzaria, Chief Executive Officer of Cadence Minerals (KDNC) explains why they've conditionally raised £1.6 million in regards to the Amapa Iron Ore Project.
Cadence is a unique early investment strategy & development firm, within the mineral resource sector. We identify undervalued assets, with irreplaceable strategic advantages. We invest in them and help turn them into powerhouses. Lithium and other technology minerals must get to market in order to achieve the global green revolution. We uncover new ways and places to extract and process these minerals, so that burgeoning demand is met; and our tomorrow is better.
(Interview starts at 18 minutes 54 seconds)