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2024.05.14 14:24 TheLotStore Navigating the Market for Low-Cost Land in Arkansas
Navigating the Market for Low-Cost Land in Arkansas submitted by TheLotStore to u/TheLotStore [link] [comments] Exploring the Marketplace for Economical Land in Arkansas Arkansas, famously referred to as "The Natural State," is a sanctuary for nature lovers, history enthusiasts, and individuals seeking refuge from the fast-paced urban life. With its varied terrains, abundant wildlife, and affordable cost of living, it's no surprise that numerous people are interested in acquiring land in this picturesque state. Nonetheless, maneuvering through the market for low-priced land in Arkansas can be a challenging endeavor, especially for those unacquainted with the region. In this piece, we will delve into the intricacies of purchasing inexpensive land in Arkansas, covering aspects to mull over, strategies for spotting the perfect plot, and the advantages of investing in land in this emerging state. Key Aspects to Ponder When Acquiring Land in Arkansas Before immersing yourself in the market for budget-friendly land in Arkansas, it's crucial to contemplate a few pivotal factors that may impact your purchase verdict. Here are some elements to remember when seeking economical land in The Natural State: Locale: Arkansas is segmented into six regions, each offering a distinct blend of sceneries, attractions, and conveniences. From the verdant woodlands of the Ozarks to the fertile farmlands of the Delta region, there is a myriad of options available when scouting for land in Arkansas. Ponder on the type of environment you prefer and the activities you relish, as this will aid in narrowing down your search. Zoning restrictions: Before procuring land in Arkansas, it's imperative to acquaint yourself with local zoning regulations. Zoning statutes can govern what activities are permissible on your property, so ensure to scrutinize any constraints that may be applicable to the plot you're eyeing. This will help in averting any unforeseen surprises in the future and guarantee that your property aligns with your requisites. Accessibility: When on the hunt for low-priced land in Arkansas, contemplate the accessibility of the property. Is it situated close to major thoroughfares and urban centers, or is it secluded in a remote location? Accessibility can influence the value of the land and its feasibility for development or recreational utilization. Take into account transportation alternatives and proximity to amenities while evaluating prospective properties. Natural attributes: Arkansas boasts of its picturesque landscapes, encompassing undulating terrains, rivers, lakes, and woodlands. While scouring for land in this state, deliberate on the natural attributes that hold significance to you. Do you desire a property with water access for angling or boating? Or are you seeking a wooded parcel for trekking and camping? By pinpointing the natural features you treasure the most, you can narrow down your search and pinpoint the ideal piece of land to suit your necessities. Local economy: The local economy can also influence your decision to invest in land in Arkansas. Contemplate the employment scenario, cost of living, and overall economic well-being of the region where the land is located. Investing in land in a locality with a burgeoning economy can escalate the value of your property over time and present prospects for growth or resale. Strategies for Discovering Economical Land in Arkansas Subsequent to considering these factors, it's time to initiate your quest for budget-friendly land in Arkansas. Here are some strategies to aid you in discovering the perfect parcel at an affordable rate: Peruse through online listings: The internet proves to be a valuable tool for unearthing low-priced land in Arkansas. A multitude of websites and online platforms specialize in real estate listings, including land for sale in Arkansas. Look out for websites that enable you to filter your search by price range, location, and other criteria to streamline your options. You can also set up email alerts to receive notifications when new properties that match your criteria become available. Engage with local real estate agents: Collaborating with a local real estate agent can be a beneficial approach to finding affordable land in Arkansas. Agents possess access to exclusive listings and can guide you through the purchasing process. They can also furnish valuable insights into the local market and assist you in identifying properties that meet your specific requisites and budget. Reach out to multiple agents in the region where you intend to purchase land and arrange a consultation to discuss your aspirations and preferences. Attend auctions or estate sales: Another avenue for discovering low-priced land in Arkansas is to participate in auctions or estate sales. These events can serve as a means to stumble upon properties being vended at rates below the market value. Keep a lookout for announcements regarding forthcoming auctions in your desired vicinity and contemplate attending to peruse the available properties. Be prepared to engage in competitive bidding and have financing arrangements in place if you intend to procure a property at an auction. Contemplate owner financing: Certain property owners may be amenable to extending owner financing for their properties, offering a viable alternative for buyers who may not qualify for conventional financing. With owner financing, the seller serves as the lender, permitting the buyer to remit payments directly to them over a period. This can prove to be a more adaptable and economical choice for procuring land in Arkansas, particularly if you're operating within budget constraints. Engage in negotiation with sellers: While on the prowl for low-priced land in Arkansas, don't shy away from negotiating with sellers to secure a more favorable deal. Sellers might be open to lowering the price of their property or extending incentives to expedite the transaction. Be prepared to articulate a compelling proposal and highlight any attributes that render you an appealing buyer, such as a swift closing schedule or the capability to provide cash. Through adept negotiation, you may succeed in clinching a reduced price on the land that captivates your interest. Merits of Investing in Land in Arkansas Investing in land in Arkansas can present an array of advantages, both in the immediate and distant future. Here are some reasons why delving into buying low-priced land in this state can be a shrewd investment: Cost-effectiveness: One of the prime benefits of acquiring land in Arkansas is the cost-effectiveness of properties in contrast to other states. Land rates in Arkansas are relatively modest, rendering it a financially prudent choice for buyers seeking to delve into real estate investments. Whether you aspire to construct a vacation abode, initiate a farm, or merely relish a tranquil retreat, you can identify budget-friendly land in Arkansas that aligns with your financial plan. Potential for appreciation: Although land prices in Arkansas are presently economical, there exists potential for property values to appreciate over time. As the state continues to allure new inhabitants, enterprises, and tourists, the demand for land in sought-after locales may surge, leading to escalated prices.By making a wise investment in inexpensive land now, you can seize the opportunity for possible future growth and enhance the worth of your property. Leisure possibilities: Arkansas caters to nature lovers and outdoor enthusiasts, offering a plethora of options for trekking, angling, camping, and various recreational pursuits. Owning land in this state provides convenient access to these natural charms, allowing you to establish your personal sanctuary. Whether your goal is to construct a cabin in the wilderness, develop a hunting domain, or simply relish the serenity and calmness of rural life, Arkansas presents limitless avenues for outdoor enjoyment. Revenue prospects: Apart from recreational utilization, land in Arkansas presents opportunities for generating income. Depending on the property's location and attributes, you might have the chance to lease the land for agriculture or hunting, subdivide it for expansion, or rent out sections for recreational vehicles or camper parking. By earning profits from your land, you can offset ownership expenses and potentially realize a financial gain in the long term. Fiscal advantages: Investment in Arkansas land can also yield tax benefits for purchasers. Depending on the land's purpose, you could qualify for tax deductions or incentives linked to land possession. For instance, utilizing the land for agricultural activities might make you eligible for a property tax exemption or a discounted tax rate. It is advisable to seek guidance from a tax consultant to comprehend the specific perks accessible to you as a landowner in Arkansas. In summary, maneuvering through the realm of budget-friendly land in Arkansas can prove to be a gratifying journey for those looking for an exquisite and economical residence. By contemplating factors such as location, zoning regulations, accessibility, natural characteristics, and the local economy, you can locate the ideal land parcel that fits your requirements and financial plan. Utilize online listings, engage with local real estate professionals, participate in auctions, explore owner-financing options, and engage in negotiations with sellers to secure a favorable deal on land in Arkansas. Keep in mind that investing in Arkansas land brings with it numerous advantages, including cost-effectiveness, the potential for appreciation, recreational possibilities, revenue prospects, and tax benefits. With thoughtful analysis and strategic planning, you can acquire your own corner of paradise in Arkansas and relish the various benefits of land possession in The Natural State. View our amazing property deals at TheLotStore.Com. Additional Information: https://thelotstore.com/navigating-the-market-for-low-cost-land-in-arkansas/?feed_id=10230 |
2024.05.14 14:11 Mkyhhd U.S. bans Russian uranium imports
2024.05.14 14:09 SilveroFoxy What is thematic essay?
2024.05.14 14:08 Then_Marionberry_259 MAY 14, 2024 SVB.TO ARRAS MINERALS COMMENCES 2024 FIELD PROGRAM ON ITS 3,300 SQ KM LICENCE PACKAGE IN PAVLODAR, KAZAKHSTAN
https://preview.redd.it/or2ebwhqud0d1.png?width=3500&format=png&auto=webp&s=f30c6f662ac86e6fb01ff75e24575cb4c117e005 submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] VANCOUVER, BC / ACCESSWIRE / May 14, 2024 / Arras Minerals Corp. (TSXV:ARK) ("Arras" or "the Company") is pleased to announce the commencement of a regional field program across the more than 3,300 square kilometre license package it controls in Pavlodar, Kazakhstan. Highlights of the Planned 2024 Regional Field Program:
The 2024 field program has the potential to be transformative for Arras. We expect to drill at least three new porphyry prospects this year, which when combined with the Beskauga Project which we have under an option to purchase, means we potentially have at least four porphyry prospects controlled by the company. The project portfolio is close to incredible infrastructure and the country is quickly becoming a tier-one destination for copper and gold exploration globally as demonstrated by many of the copper and gold majors establishing a presence in Kazakhstan over the past 6-12 months." Arras's licence package is located within the Bozshakol-Chingiz metallogenic belt, a belt of rocks that includes the Bozshakol Mine, as well as the Beskauga copper-gold-silver porphyry deposit currently under option by Arras. The licence package is composed of 17 licences and covers just over 3,300 square kilometres in area and is shown in the map below. https://preview.redd.it/v7rw44mqud0d1.jpg?width=1425&format=pjpg&auto=webp&s=984ca4ef4c1bd19e4105fd1c2e1ebd740a1d4d98 A budget of approximately US$2.5M for 2024 has been established for the Alliance package and will include airborne and ground geophysics followed up by mapping, soil sampling, and targeted KGK and potentially diamond drilling. The initial focus will be on Package "A" with work on Package "B" expected to commence in the coming months. The Elemes Project - the Berezski and Aimandai Targets: The Berezski and Aimandai targets are located within the 531 square kilometre Elemes Project. The Berezski Target is an 8.8-kilometre-long copper anomaly which was announced in February 2024 and contains shallow historical drilling that has yielded notable results such as 132 meters at 0.80% CuEq and 108 meters at 0.94% CuEq from surface. The Aimandai Target is a 14-kilometre x 3.2-kilometre NE-SW trending coherent copper ("Cu") anomaly (>100ppm) which was announced in March 2024 that is parallel to Berezski and approximately five kilometers to the east and has had no known drilling. https://preview.redd.it/iw64wwnqud0d1.jpg?width=1430&format=pjpg&auto=webp&s=4270407cdd4aa0fda0e2632c4cc653075f757e9c Over the coming months, both targets will be mapped in detail along with ground geophysics to better refine the drill targets. A diamond drill program is planned to follow to test these two exciting new targets. The Tay Project - The Tay IP Target: The Tay IP Target is a 6.5-kilometre x 2.1-kilometre East-West trending coherent Soviet-era Induced Polarization ("IP") chargeability anomaly located 28 kilometres north of the Bozshakol open pit copper-gold mine, and 85-kilometres from Arras's operational base in the city of Ekibastuz. The entire prospect is masked with unconsolidated cover believed to be 10-40m deep and has received no systematic modern exploration to date. https://preview.redd.it/qpi7ebpqud0d1.png?width=942&format=png&auto=webp&s=efc58a6cdd1e08dac7fbee34c1d6d96cda187873 The Tay Prospect is strategically situated with outstanding accessibility and local infrastructure, including nearby high voltage power lines, railway, and roads. Plans are underway to follow up the chargeability anomaly with a KGK drill program which will drill through the overburden and test the top of bedrock to understand the geology and then follow up with a diamond drillhole program to test the chargeability high. Qualified Person: The scientific and technical disclosure for this news release has been prepared under supervision of and approved by Matthew Booth, Vice President of Exploration, of Arras Minerals Corp., a Qualified Person for the purposes of NI 43-101. Mr. Booth has over 19 years of mineral exploration experience and is a Qualified Person member of the American Institute of Professional Geologists (CPG 12044). On behalf of the Board of Directors "Tim Barry" Tim Barry, MAusIMM CP(Geo) Chief Executive Officer and Director INVESTOR RELATIONS: +1 604 687 5800 [info@arrasminerals.com](mailto:info@arrasminerals.com) Further information can be found on:
Arras is a Canadian exploration and development company advancing a portfolio of copper and gold assets in northeastern Kazakhstan, including the Option Agreement on the Beskauga copper and gold project. The Company has established the third-largest license package in the country prospective for copper and gold (behind Rio Tinto and Fortescue). In December 2023, the Company entered into a strategic alliance with Teck Resources Limited ("Teck") in which Teck will sole fund a US$5 million generative exploration program over a portion of the Arras license package in 2024-2025 focusing on critical minerals. The Company's shares are listed on the TSX-V under the trading symbol "ARK". Cautionary Note to U.S. Investors concerning estimates of Measured, Indicated, and Inferred Resources:* This press release uses the terms "measured resources", "indicated resources", and "inferred resources" which are defined in, and required to be disclosed by, NI 43-101. The Company advises U.S. investors that these terms are not recognized by the SEC. The estimation of measured, indicated and inferred resources involves greater uncertainty as to their existence and economic feasibility than the estimation of proven and probable reserves. U.S. investors are cautioned not to assume that measured and indicated mineral resources will be converted into reserves. The estimation of inferred resources involves far greater uncertainty as to their existence and economic viability than the estimation of other categories of resources. U.S. investors are cautioned not to assume that estimates of inferred mineral resources exist, are economically minable, or will be upgraded into measured or indicated mineral resources. Under Canadian securities laws, estimates of inferred mineral resources may not form the basis of feasibility or other economic studies.* Disclosure of "contained ounces" in a resource is permitted disclosure under Canadian regulations, however the SEC normally only permits issuers to report mineralization that does not constitute "reserves" by SEC standards as in place tonnage and grade without reference to unit measures. Accordingly, the information contained in this press release may not be comparable to similar information made public by U.S. companies that are not subject NI 43-101. Cautionary note regarding forward-looking statements:* This news release contains forward-looking statements regarding future events and Arras' future results that are subject to the safe harbors created under the U.S. Private Securities Litigation Reform Act of 1995, the Securities Act of 1933, as amended, and the Exchange Act, and applicable Canadian securities laws. Forward-looking statements include, among others, statements regarding plans and expectations of the exploration program Arras is in the process of undertaking, including the expansion of the Mineral Resource, and other aspects of the Mineral Resource estimates for the Beskauga project. These statements are based on current expectations, estimates, forecasts, and projections about Arras' exploration projects, the industry in which Arras operates and the beliefs and assumptions of Arras' management. Words such as "expects," "anticipates," "targets," "goals," "projects," "intends," "plans," "believes," "seeks," "estimates," "continues," "may," variations of such words, and similar expressions and references to future* periods, are intended to identify such forward-looking statements. Forward-looking statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond management's control, including undertaking further exploration activities, the results of such exploration activities and that such results support continued exploration activities, unexpected variations in ore grade, types and metallurgy, volatility and level of commodity prices, the availability of sufficient future financing, and other matters discussed under the caption "Risk Factors" in the Management Discussion and Analysis filed on the Company's profile on SEDAR+ on February 28, 2024 and in the Company's Annual Report on Form 20-F for the fiscal year ended October 31, 2023 filed with the U.S. Securities and Exchange Commission filed on February 28, 2024 available on www.sec.gov. Readers are cautioned that forward-looking statements are not guarantees of future performance and that actual results or developments may differ materially from those expressed or implied in the forward-looking statements. Any forward-looking statement made by the Company in this release is based only on information currently available and speaks only as of the date on which it is made. The Company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments, or otherwise. SOURCE: Arras Minerals Corp. View the original press release on accesswire.com https://preview.redd.it/jr4pw4tqud0d1.png?width=4000&format=png&auto=webp&s=ba5a7e4b24e2096db05540a17a0d6f730af74c5c
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2024.05.14 14:05 tempmailgenerator Resolving Unusual ID Assignment in Div Elements for QRCode.js within Ruby on Rails Emails
Command | Description |
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QRCode.toDataURL | Generates a data URL for a QR code representing the specified text. |
ActionMailer::Base | Used to create and send emails in Ruby on Rails applications. |
Sends the email constructed using ActionMailer::Base. | |
image_tag | Generates an HTML img tag for the specified image source. |
ActionMailer::Base.layout 'mailer' class UserMailer < ActionMailer::Base def welcome_email(user) u/user = user @url = 'http://example.com/login' attachments.inline['qr_code.png'] = File.read(generate_qr_code(@url)) mail(to: @user.email, subject: 'Welcome to Our Service') end end require 'rqrcode' def generate_qr_code(url) qrcode = RQRCode::QRCode.new(url) png = qrcode.as_png(size: 120) IO.binwrite('tmp/qr_code.png', png.to_s) 'tmp/qr_code.png' end
2024.05.14 14:01 Zappingsbrew A post talking about 400 words
2024.05.14 13:49 Then_Marionberry_259 MAY 14, 2024 FDY.TO FARADAY COPPER INTERSECTS 0.41% COPPER OVER 42.02 METRES EXPANDING NEAR-SURFACE MINERALIZATION AT AREA 51 WITHIN THE COPPER CREEK PROJECT
https://preview.redd.it/kexz4zycrd0d1.png?width=3500&format=png&auto=webp&s=684020fcf83866c3ff43bc87f3ac344b08fe8954 submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] VANCOUVER, BC / ACCESSWIRE / May 14, 2024 / Faraday Copper Corp. ("Faraday" or the "Company") (TSX:FDY)(OTCQX:CPPKF) is pleased to announce the results of five drill holes from its Phase III program at the Copper Creek Project, located in Arizona, U.S. ("Copper Creek"). One hole was drilled to test a new target area 275 metres ("m") west of Keel and one hole was drilled to test the westward extension of Old Reliable. Three holes were drilled at Area 51 as a follow-up to the recent Starship and Eclipse breccia discoveries (announced on January 16, 2024 and March 4, 2024). Paul Harbidge, President and CEO, commented "The Phase III drill program continues to demonstrate the exploration potential of the Copper Creek Project on a number of fronts. At Area 51, we continue to intersect and expand near-surface mineralization. At Old Reliable, mineralization is being further delineated outside of the mineral resource pit shell. Additionally, the first reconnaissance hole drilled at depth, west of Keel, confirms our thesis that there is the potential for significant mineralization to be discovered below the Old Reliable breccia complex. This new data will enable us to vector to high grade zones for further drill testing". Highlights
Area 51 was identified as highly prospective by integrating airborne versatile time domain electromagnetic (VTEM) geophysical data and short wave infrared spectral data together with geological mapping and sampling. Area 51 encompasses a porphyry intrusion with nine mapped breccia bodies over an area of approximately 400 m by 400 m, including Starship and Eclipse. The breccias are interpreted to have been emplaced at a shallow crustal level in the hanging wall of the northwest trending Holy Joe thrust fault, which brought Proterozoic metamorphic rocks in contact with younger sedimentary rock units to the east of Area 51. This fault is also thought to have controlled the emplacement of the Paleocene Glory Hole volcanics and Copper Creek granodiorite which host the mineral resource. Drill hole FCD-24-056 was collared northeast of the Eclipse breccia and drilled to the southwest to increase drill coverage for the Eclipse breccia (Figures 1 and 2). Mineralization is associated with chalcopyrite and minor bornite breccia cement. The hole started in granodiorite porphyry and intersected hydrothermal breccia from 28 m to 108 m followed by granodiorite porphyry to 131 m. The remainder of the hole to 187 m is in Glory Hole volcanics. The alteration in the breccia domain is quartz-sericite-pyrite with an interval from approximately 50 m to 70 m where tourmaline is abundant. Drill hole FCD-24-051 was collared 250 m north of the Eclipse breccia and drilled to the southwest into the Ziltoid breccia (Figure 1). The hole intersected Glory Hole volcanics in the first 180 m, followed by 4 m of granodiorite porphyry. From 184 m to 247 m the dominant lithology is hydrothermal breccia. Alteration at the start of the breccia is sericitic but K-feldspar and biotite dominate from 190 m to the end of the hole. Drill hole FCD-24-055 was collared southeast of the Eclipse breccia and drilled to the Northwest (Figure 1). The hole intercepted Glory Hole volcanics from surface to 49 m, followed by a series of granodiorite and monzogranite porphyries. From 136 m to 327 m the hole intersected hydrothermal breccia cemented by quartz, pyrite and specular hematite. Alteration within the breccia is intense quartz-sericite. Minor copper mineralization is associated with chalcocite near the upper contact of the breccia. Keel West is the area between the Keel zone and Old Reliable. This area coincides with a prominent untested geophysical anomaly which extends westward from the known mineralization at the Mammoth breccia and Keel zone to below Old Reliable (Figure 3). Drill hole FCD-24-053 was collared east of Old Reliable and drilled to the south-southeast (Figures 1 and 3). Mineralization is associated with bornite and chalcopyrite bearing veins with narrow sericite-biotite-K-feldspar alteration halos and the hole ends in mineralization. This type of bornite-rich, vein-hosted mineralization is known to be associated with high-grade mineralization and elevated gold grades at Keel and suggests the potential for other high-grade mineralized centers at depth below known near-surface mineralized breccias in the area. Old Reliable was the site of small-scale underground mining for copper and molybdenum prior to World War II. Starting in the 1970s, an experimental in-situ leach operation recovered some of the near-surface copper oxide mineralization. The sulphide-hosted mineralization remains in place. During the 1990s, densely spaced vertical drilling led to resource definition to approximately 200 m below surface. Several of those drill holes end in mineralization and the resource is open at depth and laterally. Additional follow up drilling is planned for this area. Drill hole FCD-24-054 was collared north of Old Reliable and drilled to the southwest (Figures 1 and 4). The hole was designed to test the westward extension of the mineralization outside of the open pit used to constrain the MRE. Mineralization is associated with disseminated and vein-hosted chalcopyrite within granodiorite porphyry. The drill hole intercepted Glory Hole volcanics from surface to 50 m and granodiorite porphyry to 208 m, returning to Glory Hole volcanics to 295 m and granodiorite for the last 12 m. Dominant alteration associated with the mineralization is sericite with kaolinite. Similar alteration is present in the Old Reliable breccia (as discussed in a news release dated April 10, 2024). Figure 1: Plan View Showing Surface Geology and Location of Drill Holes https://preview.redd.it/k3a8ev1drd0d1.jpg?width=1029&format=pjpg&auto=webp&s=1dd30f01638787c8d36ec0cde786c7170e0c6120 https://preview.redd.it/yskgh23drd0d1.jpg?width=997&format=pjpg&auto=webp&s=1948953710726727686ee4a97a698c90320972cb https://preview.redd.it/n3zfl34drd0d1.jpg?width=1350&format=pjpg&auto=webp&s=6f37c03cbb7429067f229b5577f60951e8dac938 Figure 4: Cross Section Showing Drill Hole FCD-24-054 at Old Reliable https://preview.redd.it/bxnpq85drd0d1.jpg?width=1126&format=pjpg&auto=webp&s=8dea1a1b8ef1b063acaf5d447be5f33f6ede0e7f Table 1: Selected Drill Results from Copper Creek https://preview.redd.it/srrqad6drd0d1.png?width=720&format=png&auto=webp&s=ead50c719f4bf3668d40d845838c109a373787ca Note: All intercepts are reported as downhole drill widths. Mineralization includes bulk porphyry style and breccia mineralization true widths are approximate due to the irregular shape of mineralized domains. N/A: Not analyzed. Table 2: Collar Locations from the Drill Holes Reported Herein https://preview.redd.it/f0ytu97drd0d1.png?width=720&format=png&auto=webp&s=6c5414f5f4b43b473f4a6e70c62c81886462a098 Note: Coordinates are given as World Geodetic System 84, Universal Transverse Mercator Zone 12 north (WGS84, UTM12N). Next Steps Phase III drilling continues and is focussed on three objectives:
Sampling Methodology, Chain of Custody, Quality Control and Quality Assurance All sampling was conducted under the supervision of the Company's geologists and the chain of custody from Copper Creek to the independent sample preparation facility, ALS Laboratories in Tucson, AZ, was continuously monitored. The samples were taken as ½ core, over 2 m core length. Samples were crushed, pulverized and sample pulps were analyzed using industry standard analytical methods including a 4-Acid ICP-MS multielement package and an ICP-AES method for high-grade copper samples. Gold was analyzed on a 30 g aliquot by fire assay with an ICP-AES finish. A certified reference sample was inserted every 20th sample. Coarse and fine blanks were inserted every 20th sample. Approximately 5% of the core samples were cut into ¼ core and submitted as field duplicates. On top of internal QA-QC protocol, additional blanks, reference materials and duplicates were inserted by the analytical laboratory according to their procedure. Data verification of the analytical results included a statistical analysis of the standards and blanks that must pass certain parameters for acceptance to ensure accurate and verifiable results. Qualified Person The scientific and technical information contained in this news release has been reviewed and approved by Faraday's VP Exploration, Dr. Thomas Bissig, P. Geo., who is a Qualified Person under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"). About Faraday Copper Faraday Copper is a Canadian exploration company focused on advancing its flagship copper project in Arizona, U.S. The Copper Creek Project is one of the largest undeveloped copper projects in North America with significant district scale exploration potential. The Company is well-funded to deliver on its key milestones and benefits from a management team and board of directors with senior mining company experience and expertise. Faraday trades on the TSX under the symbol "FDY". For additional information please contact: Stacey Pavlova, CFA Vice President, Investor Relations & Communications Faraday Copper Corp. E-mail: [info@faradaycopper.com](mailto:info@faradaycopper.com) Website: www.faradaycopper.com To receive news releases by e-mail, please register using the Faraday website at www.faradaycopper.com. Cautionary Note on Forward Looking Statements Some of the statements in this news release, other than statements of historical fact, are "forward-looking statements" and are based on the opinions and estimates of management as of the date such statements are made and are necessarily based on estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors that may cause actual results, level of activity, performance or achievements of Faraday to be materially different from those expressed or implied by such forward-looking statements. Such forward-looking statements and forward-looking information specifically include, but are not limited to, statements concerning the exploration potential of the Copper Creek property. Although Faraday believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements should not be in any way construed as guarantees of future performance and actual results or developments may differ materially. Accordingly, readers should not place undue reliance on forward-looking statements or information. Factors that could cause actual results to differ materially from those in forward-looking statements include without limitation: market prices for metals; the conclusions of detailed feasibility and technical analyses; lower than expected grades and quantities of mineral resources; receipt of regulatory approval; receipt of shareholder approval; mining rates and recovery rates; significant capital requirements; price volatility in the spot and forward markets for commodities; fluctuations in rates of exchange; taxation; controls, regulations and political or economic developments in the countries in which Faraday does or may carry on business; the speculative nature of mineral exploration and development, competition; loss of key employees; rising costs of labour, supplies, fuel and equipment; actual results of current exploration or reclamation activities; accidents; labour disputes; defective title to mineral claims or property or contests over claims to mineral properties; unexpected delays and costs inherent to consulting and accommodating rights of Indigenous peoples and other groups; risks, uncertainties and unanticipated delays associated with obtaining and maintaining necessary licenses, permits and authorizations and complying with permitting requirements, including those associated with the Copper Creek property; and uncertainties with respect to any future acquisitions by Faraday. In addition, there are risks and hazards associated with the business of mineral exploration, development and mining, including environmental events and hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins, flooding and the risk of inadequate insurance or inability to obtain insurance to cover these risks as well as "Risk Factors" included in Faraday's disclosure documents filed on and available at www.sedarplus.ca. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction to any person to whom it is unlawful to make such an offer or solicitation in such jurisdiction. This press release is not, and under no circumstances is to be construed as, a prospectus, an offering memorandum, an advertisement or a public offering of securities in Faraday in Canada, the United States or any other jurisdiction. No securities commission or similar authority in Canada or in the United States has reviewed or in any way passed upon this press release, and any representation to the contrary is an offence. SOURCE: Faraday Copper Corp. View the original press release on accesswire.com https://preview.redd.it/e730g88drd0d1.png?width=4000&format=png&auto=webp&s=ed3fd532b874b6f0b0d29bf7abceecfedba8b77d
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2024.05.14 13:35 AdInteresting2401 Controversial views and perceptions of the clinical picture of MCAS - Free university of Berlin
2024.05.14 13:31 hyjug17 I was banned from r/rant (TW: Transphobia)
2024.05.14 13:14 Winter-Lie-9628 Downgraded from Metal to Standard - flexible savings details
2024.05.14 12:54 Nexgen_composites How Multilayer Composite Pipe Technology is Reshaping Industries
https://preview.redd.it/xol6u21ehd0d1.jpg?width=1224&format=pjpg&auto=webp&s=fb3564f7d635c2c365cc4becc67869640bb3bf8d submitted by Nexgen_composites to u/Nexgen_composites [link] [comments] IntroductionMultilayer composite pipe technology, a novel technology is a driver of the revolution in industrial processes and transportation of water and fluids via pipelines around the world. Nexgen Composite Services, a leading company manufacturing Multilayer Composite Pipe Manufacturers Company in India, is spearheading this revolution in the field.The undisputed player in innovation and quality, Nexgen is on a mission to revolutionize industries and enhance workability by producing some of the most advanced pipes in the world, which are specially designed to suit the unique needs of the different sectors. By concentrating on being the first to implement new technologies, Nexgen’s devotion implies that enterprises have best-of-class products that help improve endurance and productivity. Serving as an integrated partner, Nexgen Composite Services recreates, remaps, and reimagines the internal landscape of the oil and gas, water, pulp, and paper industry to a sustainable, robust, and prosperous future. The Evolution of Multilayer Composite PipesThe two-layer composite pipe structure signifies a major advancement in the piping system as the components are not only inherently durable but also, more flexible than many other existing pipes.These pipes show up in different sections, with each serving its own operational need as part of the composite whole. The inside layer, which is normally made of protein cross-linked (PEX), provides friction-free flow of the fluid; the outer layers, however, give the tube strength and protection from damage. Developing cutting-edge design, multilayer composite pipes can cater to high pressure and temperature fluctuation, thus this makes them among the best products to be used in diverse fields. Advantages of Multilayer Composite Pipe Manufacturers Company in IndiaSwitching from the currently used multiple piping methods to composite multi-layer piping technology creates a huge number of advantages for industries. Another advantage of this is improved resilience since pipes reduce corrosion, abrasion, and chemical wear.Besides, their lightness and easy installation are the factors that make their installation simple and low cost concerning both time and labor. Composite-layer pipelines also have high thermal insulation intrinsic to their structures, meaning that they can dispel the heat they are generating well and are electricity-efficient. Offering the benefit that they will surpass the lifespan of the piping materials of the past, this takes care of cost savings and overall sustainability. https://preview.redd.it/t3h4m42hhd0d1.jpg?width=1224&format=pjpg&auto=webp&s=06adf43e67043c99e48a65a22806cd9a8760cc47 Applications across IndustriesMultilayer composite pipes are best known as very punctual and effective pipes with a wide range of applications both in industries and beyond. The pipes for residential constructions especially for plumbing systems are a sort of preference since they can withstand corrosion better and flex easily in case of the need.Since they are capable of tolerating many adverse conditions, their use in residential areas should be promoted for long-term dependability outcomes are needed. In commercial buildings or industrial facilities, multilayer composite pipes play a fundamental role in heating, ventilation, and air conditioning (HVAC) systems compressed air lines, or process piping. Their bulky designs allow them to cope with high pressures and temperature varying, and they cannot be replaced by any other devices in an extremely regulated environment. Businesses for example, oil and gas, chemical processing, or marine engineering fields widely benefit from these multiply layered pipeline approaches because they offer efficiency and sturdiness of the materials. For whatever purpose, multilayer composite pipes can always be mixed with the versatility and performance features of the pipe systems which can frequently be found in residential, commercial, and industrial settings as well as other fields of application. Environmental Impact and SustainabilityBeing environmentally friendly has become an essential that has made the use of multilayer the material pipes as eco-friendly substitutes to conventional materials. A notable eco-friendly and carbon-reducing feature of the structure is its lightweight construction.Transport and installation processes emit less carbon, which has a positive effect on the environment and eventually lowers the overall carbon footprint of the project. In addition, because of the durability and life service of multilayer composite pipes, there will be fewer replacements and as a result waste production has been reduced. The use of recyclable materials and reduction of waste through this may thus put the fluid conveyance systems on the ‘sustainable’ foot. With the help of resource conservation and energy savings, the multilayer composite pipes are seeing the day of the day in achieving a green tomorrow. Factories that value sustainability may show extensive gains via piping application, which can be seen not only in the realization of environmental goals but also a long-term cost savings and operational efficiency. Nexgen Composite ServicesNexgen Composite Services is the pioneer in setting in motion the Multilayer Composite Pipe Manufacturers Company in India revolution and comes up as the first-ever Multilayer Composite Pipe Manufacturers Company in India.The company achieves this by integrating advanced production methods with best-in-class materials creating a resultant pipe that not only meets the strictest quality and performance standards but also exceeds them. Their broad range of products has different industries such as construction, plumbing, HVAC, and utilities, a characteristic which shows product adaptability and versatility in meeting different needs because of their client’s requirements in various sectors. Nexgen is unique from other competitors in that it has a forever big ambition in the index of customer satisfaction and technology innovation. With client needs first in priority and the piping technology always at the front, Nexgen is a go-to and trusted partner of all businesses forged to supply their dependable piping needs. In a world where industrial practices continue to adapt and improve, Nexgen Composite Services itself will remain the reliable and innovative pilot that will steer multilayer composite pipes toward becoming the most advanced technical solution for pipe-related systems in the industry. https://preview.redd.it/xii3gmdkhd0d1.jpg?width=1224&format=pjpg&auto=webp&s=41176acaf50f5f35636a9f16991be3e164fe5b51 FAQs about Multilayer Composite Pipe Manufacturers Company in IndiaQ1. How does Nexgen Composite Services ensure product quality and reliability? Nexgen Composite Services ensures that there is no detour from the normal quality standards throughout production; thereby the quality control is constant. Compliance with industry standards and protocols is ensured by their selection of first-grade material, starting from raw material selection to the final product inspection process. They guarantee that every Multilayer Composite Pipe Manufacturers Company in India is manufactured according to the highest quality criteria as a result. Q2. How do multilayer composite pipes beat the traditional piping materials? Plastic composites, particularly multilayer pipe, possess properties like corrosion resistance, flexibility, and thermal insulation, unlike monolayer pipe made out of metal materials. In contrast to single-layer materials of a conventional type such as metal or PVC, Multilayer Composite Pipe Manufacturers Company in India systems not only give the best performance but also the most durable, which makes them suitable for industrial use that is more complex and demanding. Q3. Multilayer composite pipes advancement impacts industries in these ways: What benefits do industries get from multilayer technology adoption? Industries are set to benefit from several advantages by embracing Multilayer Composite Pipe Manufacturers Company in India technology such as reduced cost, greater improvement in the durability aspects, and enhanced sustainability consideration. Through the application of Nexgen Composite Services’ innovative piping systems, companies will get the best efficiency and will keep their leadership position in a competitive market. ConclusionThere are no doubts left that the emergence of Multilayer Composite Pipe Manufacturers Company in India technology brings about implementation in different industries and leads the conveyance systems of fluids to innovative phases.The Nexgen Composites Services with a reputation for excellence in the field of Nigeria holds a front seat in this transformation-inclined journey. In pursuit of perfection and by using constant innovation, Nexgen becomes a driving force in all industries leading to overcoming difficulties and embracing new horizons. With the rise of people’s awareness about efficiency and environmental sustainability, the demand for multilayer composite pipes will be always high. As a result, these pipes will remain among the essential infrastructure elements that will lead the world to a more resilient and connected environment. |
2024.05.14 12:49 Soninetz Visual Quiz Builder Reviews: Features & User Experience
Looking for honest visual quiz builder reviews? Dive into our comprehensive guide where we contrast the top contenders in the market. Uncover the pros and cons of each platform to make an informed decision that suits your needs. Whether you prioritize customization options, user-friendly interfaces, or robust analytics, we've got you covered. submitted by Soninetz to NutraVestaProVen [link] [comments] Discover which visual quiz builder aligns best with your goals and budget. Say goodbye to endless searches and conflicting information - streamline your selection process with our expert insights. Make the right choice effortlessly and start creating engaging quizzes today! Useful Links: Key Takeaways
Exploring Visual Quiz BuilderKey FunctionalitiesCreate engaging quizzes quickly with drag-and-drop features. Customize quiz designs to match your brand's aesthetics. Incorporate various question types like multiple choice, true/false, and more.Visual Quiz Builder simplifies the quiz creation process with its user-friendly interface, allowing users to design interactive quizzes effortlessly. https://preview.redd.it/uogqw4vngd0d1.png?width=772&format=png&auto=webp&s=3bd555811e1f4a67a83a2973b9239a2d2e38ffa6 Captivate your audience and drive conversions like never before! Experience the power of Visual Quiz Builder with our Free Trial. 🌟 Standout FeaturesInteractive elements like images, videos, and GIFs enhance user engagement. Real-time analytics provide insights into participant responses.Compared to traditional quiz-building tools, Visual Quiz Builder offers a more dynamic and visually appealing experience for both creators and participants. Business BenefitsBoost audience interaction and retention through visually stimulating quizzes. Collect valuable data on customer preferences and knowledge gaps for targeted marketing strategies.Using Visual Quiz Builder can elevate your business's online presence by creating interactive content that resonates with your target audience. Deep Dive into Features and FunctionalityAdvanced FeaturesVisual Quiz Builder offers a range of advanced features that elevate the quiz creation experience. Users can incorporate multimedia elements like images, videos, and audio to make quizzes visually engaging. The platform supports various question types such as multiple-choice, true/false, and fill-in-the-blank for diverse quiz formats.Customization OptionsCustomization options play a crucial role in enhancing user engagement. With Visual Quiz Builder, users can personalize quizzes by selecting different themes, colors, and fonts to align with their brand identity. Furthermore, the tool allows for custom feedback messages based on quiz performance, adding a personalized touch to the user experience.Simplified Creation ProcessesVisual Quiz Builder streamlines complex quiz creation processes through intuitive design and user-friendly interfaces. The drag-and-drop functionality enables seamless arrangement of quiz elements, making it easy for users to build interactive quizzes without extensive technical knowledge. Moreover, the platform provides pre-designed templates for quick quiz setup, saving time and effort.Useful Links: Analyzing User ExperienceUser InteractionMerchants find Visual Quiz Builder intuitive, enabling them to create engaging quizzes effortlessly. The drag-and-drop interface simplifies quiz creation.Integration with E-commerce Platforms Visual Quiz Builder seamlessly integrates with popular platforms like Shopify and WooCommerce. This allows merchants to embed quizzes directly on their websites. Enhanced Data Collection By utilizing Visual Quiz Builder, merchants can gather valuable customer data through quiz responses. This data aids in understanding customer preferences and behavior patterns. Benefits of Enhanced Analysis
Merchant Opinions and SatisfactionPositive ExperiencesMerchants praise Visual Quiz Builder for its seamless integration and intuitive design. They appreciate the simplicity in creating engaging quizzes that resonate with their target audience.The app's ability to boost conversion rates and lead generation has left merchants thoroughly impressed. By leveraging the interactive nature of quizzes, they have seen a significant uptick in customer engagement and sales. User-Friendly InterfaceMerchants value the user-friendly interface of Visual Quiz Builder, which allows them to effortlessly navigate through the platform. The drag-and-drop features make it easy to customize quizzes according to their branding needs.Customization options offered by Visual Quiz Builder enable merchants to create unique and tailored experiences for their customers. This flexibility plays a crucial role in enhancing brand loyalty and driving repeat business. Understanding Pricing and SubscriptionsPricing StructureVisual Quiz Builder offers a transparent pricing structure, enabling users to select plans based on their needs. The basic plan provides essential features, while the premium plan includes advanced functionalities.The pricing is flexible, allowing businesses to scale up or down based on their requirements. Users can choose between monthly or annual billing cycles, providing flexibility in budget management. Subscription PlansVisual Quiz Builder offers various subscription plans tailored to different user needs. They range from individual plans for small businesses to enterprise solutions for larger organizations.Each subscription plan comes with a set of features and benefits designed to cater to specific user requirements. Users can easily upgrade or downgrade their plans as needed, ensuring scalability and cost-effectiveness. Cost-Effective NatureVisual Quiz Builder's cost-effective nature makes it an attractive option for businesses of all sizes. The platform's pricing is competitive compared to other similar tools in the market.Businesses can leverage Visual Quiz Builder's affordable pricing to create engaging quizzes without breaking the bank. This makes it a viable option for startups, SMEs, and large enterprises looking to enhance their audience engagement strategies. Final RemarksYou've now gained valuable insights into the world of visual quiz builders. From exploring features to understanding user experiences and pricing, you're equipped to make informed decisions. Remember, your choice should align with your specific needs and goals. Take your time to assess what matters most to you and your business before diving in.As you continue your journey in finding the perfect visual quiz builder, keep in mind the importance of user satisfaction, functionality, and pricing. Your decision holds the potential to enhance engagement and drive success. Stay curious, explore further if needed, and trust your judgment when selecting the ideal tool for your quiz creation endeavors. Say goodbye to guesswork and hello to personalized recommendations! Try our Visual Quiz Builder for free and see the magic happen. ✨ Frequently Asked QuestionsWhat makes Visual Quiz Builder stand out from other quiz tools?Visual Quiz Builder offers a user-friendly interface with customizable templates, multimedia support, and interactive features, making it engaging for both creators and participants. Its intuitive design sets it apart for hassle-free quiz creation.How can Visual Quiz Builder benefit content creators?Visual Quiz Builder streamlines the quiz creation process with its drag-and-drop interface, saving time and effort. The tool's visual elements enhance engagement, leading to higher participation rates and increased user interaction.Is Visual Quiz Builder suitable for beginners in quiz creation?Yes, Visual Quiz Builder is beginner-friendly with its easy-to-use features and intuitive design. Creators without technical expertise can quickly navigate the platform to create visually appealing quizzes that captivate their audience.Can users expect reliable customer support from Visual Quiz Builder?Visual Quiz Builder prides itself on offering responsive customer support to address any queries or concerns promptly. Users can rely on the dedicated support team for assistance with using the platform effectively and resolving any issues that may arise.How does Visual Quiz Builder ensure data security for users?Visual Quiz Builder prioritizes data security by implementing robust encryption protocols and secure storage measures. Users can trust that their information, including quiz content and participant data, is safeguarded against unauthorized access or breaches.Useful Links: |
2024.05.14 12:40 Specialist_Bake6514 Vapiano P3: Italian Food Made in Germany
The kitchen is on fire. Welcome to the final part of the Vapiano story where the tables are turning. In the first two episodes we followed Mark Korzilius' journey from setbacks to founding Vapiano, a groundbreaking restaurant concept, highlighting its fresh ingredients, dynamic atmosphere, and data-driven operations that drove rapid success. While achieving initial profitability and garnering attention from industry giants like McDonald's, Vapiano's global expansion has led to stellar revenue growth. However, it has also resulted in the emergence of numerous side projects (or distractions), operational challenges, increased costs, significant investments, and a notable accumulation of debt. This underscores the prioritization of top-line growth over profitable growth. We will continue on this thread and see how the story ends, but I would encourage you to read part one and two for better context. Vapiano P1: Italian Food Made in Germany (substack.com). Let's dig in. submitted by Specialist_Bake6514 to unpackbusinesses [link] [comments] Before Going Public We are now in 2015 and the year is a disaster for Vapiano's PR department. Employee time stamps are being manipulated, endless overtime for employees and high turnover in managerial roles are reported; mice in the kitchen and even rotten food allegedly found. The company is confronted with allegations of exceeding working hours among trainees in an article published by Welt am Sonntag, while the same outlet accuses Vapiano of manipulating punch times. The auditing firm PwC is commissioned to investigate the allegations and finds that there is no systematic approach but rather misconduct by individual employees, a mistake that’s being corrected. Internal however, investigations into stamp times are carried out regularly now and beyond its obvious reputational impact, this sucks up valuable management time and attention. In the summer of 2015 CEO, co-founder and investor Gregor Gerlach, who has been running the group since 2011 is stepping down and Jochen Halfmann is taking over. A new Vapiano People Program with an App is being developed with the aim to better interact with customers that will incorporate innovate features such as mobile pay. The German website sees a launch of new magazine to further promote the brand and there is now a full inhouse blogger and Instagram team being installed. In October the company buys seven restaurants from original co-founder, former co-investor and ex-president previously responsible for internation expansion Kent Hahne (2x Bonn, 3x Cologne, 1x Koblenz and one in Cologne that’s under construction). This package of Vapiano restaurants is very successful and generates net sales of more than 20 million euros in 2014. Hahne opened his first Vapiano restaurant in Cologne in August 2006 and in 2015 with his company apeiron AG, Hahne operates six L'Osteria franchise restaurants, a direct Vapiano competitor, and two self-owned restaurants GinYuu. Then in November of 2015, the next public relations bomb goes off with allegations regarding the company's quality standards. The company immediately investigates the issue through internal and external specialists but finds no evidence of any quality issues. Nevertheless, knowing that the group is now being closely watched, the company’s already in place hygiene standards are being reinforced. Additional audits and inspections are performed nationally. Further, all Vapianos worldwide are being audited twice by the partners SGS Institut Fresenius and SAI Global. Auditing software is purchased to simplify the implementation of the audits and the resulting measures. Apart from the external examinations, there is a food sampling plan in place being performed continuously. Again, all of this sucks up costs, management time and attention. With all these tumultuous developments the company’s growth engine is undeterred. Revenue grows by a whopping 50 million euros to 202 million euros, an increase of 33%. Impressive. While average spent per customer increases in all countries, the number of customers per day in Germany decreases by 3.3% partially due to the negative press towards the end of the year. Five own, four JV and 19 new franchise restaurants are added that year to the group, the total number of own managed restaurants grows to 51, there are 31 JVs and 84 franchises which bringing the total to 166 Vapiano restaurants. Global restaurant sales are now above 400 million euros. But while revenue grows by an astronomical 50 million euros, operating profits, alarmingly, shrink again. Gross margins are staying perfectly healthy above 75% but operating costs keep growing disproportionately fast. The Company’s outstanding debt jumps by almost 30 million, close to 85 million euros by the end of the year. With operating profits at 9.5 million euros, alarm bells should be going off right now. In Q4 of 2015, new CEO Jochen Halfmann introduces Strategy 2020. The new strategy includes five essential points. One, profitable growth in the newly defined core markets of Germany and Austria as well as in the UK, Netherlands, France and USA. Two, operational excellence through strict “best practice” management. Three, further development and digitalization of the concept considering guest feedback. Four, greater focus on long-term employee retention and five, building a modern and sustainable IT landscape. Sound’s good on paper but let’s see how things pan out. Vapiano's investments (capital expenditures) that year are primarily directed towards new restaurant openings, renovations of existing establishments, and share acquisitions in other Vapiano restaurants from franchisees or JV partners. A significant portion of funds is allocated to the digitalization of the guest experience, including the development of a new app scheduled for market release in 2016 and the implementation of a time recording system across all group restaurants. The world's first standalone Vapiano restaurant with a delivery service that year is built in Fürth, Germany. The company keeps expanding its presence in both inner-city locations and international markets, such as Shanghai, China. To finance all of this, the group has its own operating cash flow which comes in at 18 million while capital expenditures are 26 million euros plus 14 million for acquisitions. The funding gab is filled with 26 million euros of new debt and a seven-million-euro equity raise. At that end of the year and after the equity raise Gregor Gerlach (through his AP Leipzig GmbH & Co. KG entity) holds 30.1%, Hans-Joachim and Gisa Sander through their Exchange Bio GmbH hold 25.5% and the Tchibo heirs, Herz through their Mayfair Beteiligungsfonds II GmbH & Co. KG hold 44,4%. But for the first time the restaurant’s concept that was so successful to date is being questioned. Some customers are starting to mislike the operational flow of the concept itself. If you want pasta, you must queue for pasta. If you want pizza you stand in a different queue. A small side salad, yet another queue. "You spend more time carrying trays than an actress in Berlin-Mitte. The audience in the pasta limbo can only consist of people who have worked for an insurance company for a long time and, like Stockholm syndrome, they can no longer get away from the industrial canteen feeling," writes TV host Beisenherz provocatively. While overly harsh in his assessment he's not entirely wrong judging by customers venting their frustrations in forums and social media channels. It isn’t uncommon for those who ordered pizza to have already finished eating while there is little movement in the pasta queue. Long term that doesn't go down well, QSRs competitors like L’Osteria are handling this process differently, with much success. https://preview.redd.it/6cas01oked0d1.png?width=1200&format=png&auto=webp&s=2da6e0b4bc0e07dbee558de412feb414cd598d4a Tipping PointWhere are now in the year 2016 and things start to deteriorate visibility. Perhaps not for the leman’s eye but any business minded observer can see that there are problems under the hood. Yes, revenue grows yet another whopping 50 million to almost 250 million euros but half of that growth, comes from acquisitions of restaurants that the group didn’t already own 100%, which is now being fully consolidated within the group’s accounts. Here is a concrete example. In the past, Vapiano SE, the group’s top holding company held an indirect 50% stake in a French subgroup via the subsidiary VAP Restaurants SA, based in Luxembourg, and included this as an associated company in the Vapiano SE consolidated financial statements using the equity method. Due to the acquisition of additional shares in September of 2016, Vapiano SE's indirect share in the French subgroup increased to 75%. This means that Vapiano SE takes control of the French subgroup, which is therefore included in the group’s financial statements as part of the full consolidation. The revenue from the acquired subsidiary now recorded in the consolidated income statement amounts to 12.8 million euros. While that’s great for the top line, the loss of the fully consolidated entity equates to 0.2 million euros. Yes, you are buying revenue, but there are losses attached to them, not profits. A similar case is the Swedish entity that runs eight restaurants with revenue of 11.5 million euros but has losses of 235 thousand euros. So much for Strategy 2020 and “profitable” growth.That year the group’s operating profits are absolutely tanking, halving to 3.5 million euros. Operating profits are now a mere 1,4% of revenue. Remember original founder Mark Korzilius who talked about operating margins of 25% to 28% at the restaurant level? Yes, there are overhead costs for the organization that sits above the chain of restaurants, but operating margins that low indicates a course correction is needed. What’s telling is that in the annual report, in the management discussion section, the company starts talking about EBITDA as a proxy measure of profitability, rather than operating profit or net income. This wasn’t the case in the years before. Is this window dressing for an upcoming IPO? EBITDA is short for earnings before interest, tax, depreciation, and amortization. How can you measure profitability of a restaurant chain that absolutely and unequivocally needs capital investment to maintain its restaurant operations, the very source of cash generation, by simply excluding this maintenance charge (depreciation in the income statement)? Vapiano’s own annual report talks about the fact that existing restaurants must be rejuvenated from time to time and that new interior designs have to be implemented every few years. These things wear and tear, they go out of style, kitchen equipment breaks and needs replacement. This business absolutely needs maintenance capital expenditure, why anyone talks of profits before these maintenance costs is beyond me. Fun fact: in the previous annual report EBITDA is mentioned seven times, mostly around restaurant acquisitions and financing, not however as a profit indication for the group. In the new annual report, EBITDA is mentioned 28 times. Maybe it’s just me but belated Charlie Munger liked to call EBITDA: bullsh*t earnings. When in doubt I stick with Charlie. Interestingly, EBITDA for Vapiano keeps growing while operating and net profits keep falling. Operating cashflow for the group that year is about 21 million euros, but capital expenditure is 30 million and acquisitions for subsidiaries another 20 million. To finance these expenditures another 28 million euros of debt and 16 million of equity is raised. Net debt rises above 130 million euro. The operating cashflow of the group before any capital expenditures is 21 million euros. I am not sure free cash flow would be significantly positive after maintenance capex is paid out; it’s not broken out so we can’t be sure. Granted, I am not on the ground during this time, and I am not in the board room, I am simply reading what’s in front of me, but to me this is starting to look like a distressed situation. Regardless, the following year the company goes public. IPOWhere are now in the year 2017 and its Vapiano’s first year as public company. The company’s annual report reads the following “Sales revenue, like-for-like growth (LfL) and the earnings figures EBITDA and adjusted EBITDA are used as the most important financial performance indicators for controlling operational business activities.” The very same report however also says: “The majority of the group's investments regularly go towards opening new restaurant locations and modernizing existing restaurants. The latter are differentiated into regular replacement investments that occur during ongoing operations (Maintenance CAPEX) and fundamental investments in the renovation of a restaurant (Remodeling CAPEX). On average, a restaurant remodeling takes place nine years after opening.” It says it right there in their own report; every nine years a remodeling is taking place. Remodeling and updating is not cost free, so why exclude depreciation charges which reflect capital expenditures? I understand that perhaps you would want to strip out one-off opening costs, that’s fine and fair, but don’t go overboard.The number of restaurants increases by 26 (previous year: 13) to a total of 205. The increase consists of 27 new openings and one closure. Group revenue grows to an astonishing 325 million euros but here comes the shocker, operating profits turn negative to 25 million. Fine, strip out foreign exchange losses of 3 million, IPO costs of 5.8 million and new opening costs of 6.1 million and you still have 10 million euros of operational losses. All the while the debt load of almost 130 million hasn’t materially changed, so those operating losses are before a six-million-euro interest payment. 184 million euros are raised through the IPO of which 85 million go to the company. This money is earmarked for further expansion as the group has ambitions to almost double the footprint to 330 restaurants by the end of 2020. The company is currently not profitable on an operating basis, and still wants to expand aggressively? I don’t get it. The remaining 100 million euros of the IPO money raised is distributed to co-founder Gregor Gerlach and Wella heirs Hans-Joachim and Gisa Sander. The family office of the former Tchibo owners Günter and Daniela Herz with a 44% stake, don’t sell a single share. After the IPO, 32% of all the company’s shares are now in free float. One year later, in 2018, things get even worse. Revenue grows to 371 million, but operating losses mount to 85 million euros, that’s before interest expenses of 9 million. Even the beloved EBITDA figure turns negative, meaning the operating business before any expansionary or even maintenance capital expenditures is loss making. All regions are experiencing significant deterioration in their earnings profiles. Like for like sales are down 1% across the board. That’s revenue, not profitability. The question naturally arises: is the Group approaching its natural saturation point here or this operational by nature? The operating cash flow is now 9 million while financing cost are close to 7 million. That leaves 2 million for maintenance capital for 74 own restaurants and 76 joint ventures ones. Describing this as financially tight, would be an understatement. Things are not looking good at this point. Yet the company still grows restaurants by 26 new sites. 64 million euros are spent on acquisitions, new openings, and maintenance costs, financed through a 20 million-euro equity raise and 72 million of new debt. The Company now has net debt outstanding of over 160 million euros. After the equity raise and by the end of the year 2018, Mayfair owns 47.4%, VAP Leipzig, Gregor Gerlach’s entity owns 18.9% and the Sander couple own 15.5% of the company. Yes, the Sanders and Gerlach may have taken 100 million euros off the table, but they still have substantial skin in the game. Plus, Mayfair hasn’t sold a single share and instead injects more money into the company through the equity round. The stock has now fallen from its IPO price of 23 euros per share to under 6 euros by the end of 2018. Something must be done here. And indeed, there is pivot in strategy and a hard push for change. At last, the management team abandons its aggressive growth plan and curtails new openings significantly. Additionally, the team wants to run a thorough analysis of weak locations to then either discontinue or sell sites. In Europe, the operating focus will be put on corporate restaurants and joint ventures in major cities to ensure the ideal size and location to match the respective demographic target group. Outside of Europe, the franchising business is being expanded and at the same time a consolidation of the existing corporate and joint venture markets is being sought. All future investments will be reviewed to achieve higher rates of returns on new openings. Investments are also being made in the renovation of older restaurants. The goal in the future is to also open smaller formats, like Mini-Vapianos (less than 400 square meters) or Freestander at prominent transportation hubs outside city centers (currently in Fürth and Toulouse) to cater to individual location requirements, and to enter new partnerships. I am not sure why management hasn’t stopped all expansion altogether, bringing the ship in order first, getting profitable, clean up, all hands-on deck before considering any further expansions whatsoever. But again, it’s easy to comment from the sidelines; maybe they saw white spaces that would be covered by competing concepts if they weren’t moving fast and aggressively enough. Although pushing internationally means competing with local players such as Jamie's Italian, Prezzo, Pizza Express, Wagamama, Nando's and many more which brings in its own dynamic. Management also aims to enhance guest satisfaction. This involves refining operational processes, reorganizing the support center, and refocusing on the core offering: providing fresh and high-quality Italian food at affordable prices for a broad audience. The group also aims to reduce waiting times, especially during lunch, while also improving the evening atmosphere. There is even what I would call an evolution, away from Vapiano’s original concept, reorientating the customer journey. The ordering flow is being changed, offering guests synchronized preparations of all dishes while eliminating wait times at the cooking stations. The open show kitchen remains, staying true to original mantra of freshness and transparency but now guests can choose their preferred method of ordering through a mobile app, using a digital order point (kiosk), or by personally placing an order with a waiter. Guests can still freely choose their table and are then informed about the complete preparation of their order through a pager or their smartphone. This is a substantial deviation from the original concept, but a needed one. The group is also exploring and implementing the expansion of take-away and home delivery services but only at suitable locations, not universally across new openings. I am not sure why home delivery is even a priority here; it adds operational complexity. It’s better to clean up shop first and get back to the basics before adding new complexities. To be fair management does try to simplify. There are 49 different permanent dishes on the menu and additional 10 seasonal ones. Customers can choose from eleven different types of pasta. There is simply too much choice, and it makes orders complicated. The company announced to slim the menu down to its most popular and typical Vapiano dishes. There’s no need for an Asian salad at an Italian restaurant. "We have to go back to the roots, i.e. classic, honest Italian cuisine" says COO Everke. Regardless, in November of 2018, the supervisory board pulls the plug on CEO Jochen Halfmann and replaces him with Cornelius Everke. Everke himself has just become COO five months ago. Since 2017 he was responsible for international expansion. From 2011 to 2017 that role was filled by Mario Bauer – put a pin in that name, he’ll play a key role in the groups fate later. Then nine months later, in the middle of 2019, Cornelius Everke quits. He essentially concludes that his skillset and experience in the areas of internation expansion is no longer needed in the foreseeable future. To put it differently: Vapiano has moved from a growth story and has become a restructuring case, and other skills are required for that job. In June of 2019 Everke says the following “(we’ve) made a bit of a mistake when it came to foreign expansion”. No sh#t. Vapiano postpones the presentation of the 2018 annual financial statements three times in the spring of 2019, citing negotiations over an urgently needed loan of 30 million euros. It’s not until the end of May that a binding loan commitment comes through from the financing banks and major shareholders. We are now in August of 2019 and the corona pandemic is just around the corner. Supervisory board chief Vanessa Hall takes over as interim-CEO and things are unravelling. Visitor numbers are declining; originally, it was planned to sell the US business but halfway through the year the buyer cannot come up with the money. But not all restaurants are performing poorly. The group's poor figures contrast starkly as an example with the experiences of the Swiss-German franchisee, who runs six restaurants. The Sodano family in Switzerland pays Vapiano a royalty of 6% of sales for the use of the brand. Enrico Sodano explains in an interview that they operate largely autonomously from the licensor. If an “accident” were to occur, he could immediately replace the Vapiano sign with Sodano, he says. The family concluded the rents and contracts with employees and suppliers independently. The Sodano family have six locations in Bern, Basel and Zurich, around one million guests every year and 350 employees. Things are going well on the ground. The delivery service they’ve built is offering them a second income stream. Expansion into Winterthur, St. Gallen and Lucerne are being planned; small locations with 150 to 250 square meters and an attached delivery service. Originally, Vapiano restaurants used to be huge but for such a large restaurant to be profitable, 800 to 1,000 guests per day are needed. That’s possible in medium-sized cities, but not in smaller towns which is why the Vapiano group now also supports smaller formats. Back to our corporate drama. The 2019 annual report would be the last report the group files. By the end 2019 the outstanding debt of the company is at an astronomical 450 million euros. Revenue has grown by another 7%, produced by four net new openings through two JVs and two franchise restaurants but operating losses come in at 317 million euros. That sound like an absolute shocker at first but depreciation and amortization charges are 345 million, so that operating cash flow is actually positive but unfortunately capital expenditures and interest payments are so large that they are eating up all of the company’s operating cash flow. Then in the beginning of 2020 Corona hits with full force and the world shuts down. As a result of the measures to prevent further spreading of the virus, the group is forced to cease all global business operations (except in Sweden). While all these shutdowns are happening, the group is the middle of negotiating with its lending banks and main shareholders. There are additional financing needs for restructuring measures, even without a pandemic happening in the background. The situation is so dire that the company starts pleading to the German government to roll out the package of financial help more quickly. Unfortunately, it’s to no end. The rapid closure of restaurants and the resulting lack of operating cash inflows in conjunction with the additional financing requirements, lead to the company’s final knockout punch. In April of 2020, the Vapiano group officially files for insolvency proceedings. The end of an era. New BeginningsBecause of the pandemic, the majority of the group's subsidiaries in Austria, the Netherlands, Denmark, the United States, Sweden, and China also file for insolvency or seek liquidation. The US business never gets sold in the end and is wound down. In the summer of 2020, significant group divestments occur, including the sale of 75% shares in the group's French subsidiaries, shares in franchisor companies, Australian subsidiaries, German subsidiaries, associated companies, self-managed restaurants in Germany, and insolvency-related sales in the Netherlands, Great Britain, and Sweden. The buyer of the Vapiano brand and one of these bundles of Vapiano restaurants is company named Love & Food Restaurant Holding, a consortium led by Mario C. Bauer – a name I told you to remember. Bauer was a former Vapiano board member and led the national and international expansion, opening 200 sites in 33 countries from 2011 to 2017 until he was succeeded by Cornelius Everke. Bauer didn’t feel comfortable with the IPO at the time but clearly has a lot of managerial and entrepreneurial talent.The buyer consortium is an absolute A-Team comprised of European QSR top league hitters, including the founder of the Pret A Manger chain Sinclair Beecham; Henry McGovern, the founder and Ex-CEO of the giant international restaurant and foodservice operator AmRest; the Van der Valk Family that runs hotels and Vapiano restaurants in the Netherlands, and co-founder and ex-CEO Gregor Gerlach. The acquisition value is 15 million euros and entails 30 Vapiano restaurants in Germany, albeit that’s just the purchase price which comes on top of any capital investment needed to refresh and return the sites to its former glory. Nevertheless, just as a thought experiment, if you can get each site to 2 million euros of revenue and 400,000 euros in operating profit on average, which wouldn’t be an overly aggressively assumption given the company’s history, you’ve got yourself a package that can deliver restaurant-level operating profits of 12 million euros or more. It’s not disclosed how much capex was needed to refresh the operations, just that fact that the overall investment plus purchase price was a middle double-digit million-euro figure. Stil, it probably was a decent purchase. The same consortium buys Vapiano’s French business for 25 million euros just two weeks prior. After the transaction concludes, the master franchise is given to Delf Neumann and his Gastro & Soul GmbH. Neumann is an experienced operator, and he is ambitious to revitalise the brand with new services and products. For example, instead of pizza, the restaurants will be serving pinsa - a flatbread made from sourdough, wheat and rice flour, topped similarly to a pizza. It targets a more health-oriented customer base looking for a less calory heavy option. The menu overall is expanded by including a variety of vegan and vegetarian dishes. https://preview.redd.it/kpt7ea6red0d1.png?width=1242&format=png&auto=webp&s=c9930ced85ee364e9df414547cae06b47a03fc19 Today Neumann’s Gastro & Soul GmbH operates 18 Vapianos on its own account and has 29 franchise sites, amongst other brands. By the year 2021, Vapiano operates 191 restaurants in 34 countries. This is around 50 fewer sites than before the bankruptcy. The number of branches is particularly thinned out in Germany – from 80 to 55. Nevertheless, Vapiano's home country remains by far the largest market, followed by France with 35 restaurants and Austria with 15 locations. “We have shrunk ourselves to health,” says Bauer in the aftermath and there is no further shrinking planned. Quite the opposite, the smell of expansion is in the air again – pun intended. Not as aggressively as before and with a new menu and ordering process. Overall, the team around Bauer is filled with industry experts with knowledge and networks gained over decades who have a great track record, a long-term view, and the staying power to let Vapiano breath and finds its way back to success. The pressure of being a public company with all the associated quarterly, half-year and yearly disincentives have been removed. The menu is changed and extended with new types of pasta and sauces with significantly more vegetarian and vegan dishes available. Guests can order with restaurant staff, at terminals or on their phones and there are barcodes attached to the tables identify the respective seat. The food is brought to your table, all at the same time if you are in a group, no more annoyances with waiting in line. There is a plan for smaller, 350 square meter locations, with half the number of guests and significantly fewer staff and less set-up costs required to make the economics work. Locations that capitalize on remote work and increased demand for local lunch options, higher population density with shorter delivery routes and therefore cost-effective in house delivery services are targeted. And Bauer is testing the concept of ghost kitchens, which operate without a dining room or service staff, focusing solely on preparing food for delivery services, which for obvious reasons have a very different operational set up and footprint. Original founder Mark Korzilius however is not entirely convinced. He is not a fan of the pinsa for instance and he considers Vapiano's pizza as its cash cow, flagship product and believes that the core Vapiano proposition of Pizza, Pasta, Bar that has given the company its original success is being diluted. He instead admires the competitor L'Osteria, saying they’ve done a better job by focusing on Italian classics, especially the impressively large pizzas that sticks out beyond the plate is leaving every customer in awe. The guys who run L’Osteria are the same guys who have built Vapiano with him in the first place. Bauer on the other hand, like a true business leader, remains undeterred, stating that he is frequently asked whether Vapiano's restart was bold or foolish. He believes in entrepreneurship, franchising, in his experienced fellow partners and importantly the Vapiano concept. By the year 2024 you can find over 140 Vapiano branded restaurant in 27 countries across the globe, including locations far away from its birthplace like Australia, USA, Columbia, Chile, Bahrain, and Saudi Arabia. And why not? Italian food is, and will remain to be, incredibly popular. Vapiano offers fresh and tasty food at affordable prices in a good atmosphere. This combination of attributes should attract a lot of customers. It certainly has in the past. For more stories: WIP Thomas Weitzendoerfer Substack |
2024.05.14 12:27 Flamewakerr To EA and whom it may concern, sincerely, from one of us
2024.05.14 12:24 Obvious-Cost-7101 Other things to consider when buying or building your own PC. (For Beginners)
2024.05.14 12:23 go-forma What are Limited Company Dividends?
what are dividends submitted by go-forma to u/go-forma [link] [comments] What are Dividends?Limited company dividends refer to the distribution of profits that a company makes to its shareholders. In the United Kingdom, a limited company is a business structure that has its finances separate from the personal finances of its owners (shareholders). When a limited company generates profits, the directors may choose to distribute a portion of these profits to shareholders in the form of dividends.Who are Dividends For?Dividends are typically intended for the shareholders of a limited company. Shareholders are individuals or entities that own shares in the company, which represents their ownership stake. Dividends are a way for shareholders to receive a return on their investment and a share of the company’s profits. It’s important to note that not all profits need to be distributed as dividends — companies often retain some profits for reinvestment or future use.How to Issue Dividends?The process of issuing dividends involves several steps:a. Determine Available Profits: Before issuing dividends, a company must ensure that it has sufficient distributable profits. These profits are calculated based on the company’s financial statements, taking into account factors such as retained earnings, reserves, and any other legally available profits. b. Hold a Board Meeting: The board of directors must convene a meeting to discuss and declare the dividend. The decision should be recorded in the meeting minutes, specifying the amount of the dividend, the date of declaration, and the names of the shareholders receiving dividends. c. Notify Shareholders: Once the dividend is declared, shareholders must be informed in writing of the amount they will receive and the payment date. d. Transfer Funds: On the agreed-upon payment date, funds are transferred to the shareholders’ bank accounts. Dividend PaperworkIn the UK, it’s crucial to maintain proper documentation when issuing dividends. This paperwork includes:a. Dividend Vouchers:Dividend vouchers are legal documents that confirm the dividend declaration, specifying the amount and date of payment. These vouchers should be provided to each shareholder receiving dividends.b. Minute Records:Detailed minutes of the board meeting where the dividend was declared must be maintained in the company’s records.Tax on DividendsIn the UK, dividends are subject to tax. As of the 2024/2025 tax year, there’s a tax-free dividend allowance of £500 per year. Any dividends beyond this allowance are taxed at varying rates depending on the individual’s overall income tax band.Understanding and managing limited company dividends can be complex, especially in relation to tax implications. To ensure your business is handling dividends optimally and in compliance with tax regulations, consider hiring professional small business accountants. Our UK-based accounting experts can provide tailored advice, guide you through the dividend process, and help optimize your tax obligations. Book a free consultation today to elevate your financial management and ensure the success of your business. |
2024.05.14 12:16 smartybrome Udemy Free Courses for 14 May 2024
2024.05.14 12:16 smartybrome Udemy Free Courses for 14 May 2024
2024.05.14 12:15 Yurii_S_Kh Albanian religious council, chaired by Archbishop Anastasios, protests “Sexual and Reproductive Health” bill
https://preview.redd.it/14z8a57ead0d1.png?width=700&format=png&auto=webp&s=37360a330bf5995f9c4865110107317d4b99ad04 submitted by Yurii_S_Kh to SophiaWisdomOfGod [link] [comments] The Interreligious Council of Albania issued a statement last week, outlining its objections to the “Sexual and Reproductive Health Draft Law.” The Council, chaired by His Beatitude Archbishop Anastasios of Albania, also includes Catholic, Evangelical, and Muslim representatives. The Council established a working group of jurists, sociologists, theologians, and medical professionals to examine the bill, and its new statement is a result of their work. In particular, the Council objects to the fact that public consultation on the bill was initiated without prior consultation from religious communities and other interested parties. The Council also objects to particular stipulations in the bill, as explained in its statement, addressed to Parliament, the Prime Minister, the Minister of Health, and the President: Esteemed Recipients, Based on its statutory rights, the Interreligious Council of Albania, having been informed by the media about the draft law "On Sexual and Reproductive Health," has established a working group comprised of representatives from five religious communities, consisting of specialists: jurists, sociologists, theologians, and medical professionals, and has worked to review it. Following the analysis of the work of this group, through this letter, the Interreligious Council raises concern, before the Parliament and the Government, regarding the initiation of public consultation on this draft law without prior consultation with stakeholder groups, including Religious Communities, as well as for the lack of public presentation of the arguments that have led the Ministry of Health and Social Affairs to propose a draft law with negative effects on the health of individuals, children, families, and Albanian society as a whole. The numerous legal, medical, ethical, social, and theological arguments (attached) constitute the basis of our opposition to the draft law in the form it has been presented and call for its reconsideration based on:
May God bless Albania and all its citizens! Success and prosperity in your work! |
2024.05.14 12:06 Dangerous-Educator28 SBI card cancellation difficulty - Rant