Short Term Trading Week Starting: 14 Sep

Originally posted by telamelo: ↑

Came across ScidevSDV @ 0.70c as really liking the potential noting below recent announcements.

SciDev is a leader in the development and application of services, chemistry and process control for solids-liquid separation. SciDev brings together world-class technology, chemistry, management & manufacturing capabilities to solve pressing operational & environmental issues for the Mining, Water Treatment, Oil & Gas and Construction markets.

Cashed up having raised $7M @ 0.65c with Director's buying large parcels on-market last week around .65c to .67c as well (great vote of confidence imo).

SciDev chemistry to be trialled at BHP's Olympic Dam

▪ SciDev has received a trial order from Olympic Dam, Australia’s largest copper mine
and one of the world’s most significant polymetallic deposits.
▪ The trial is scheduled to last for approximately 6-months, commencing in the
December quarter of CY2020.
▪ The trial includes an initial A$1m purchase order for SciDev’s MaxiFlox chemistry,
reflecting approximately 3-months of consumption.
▪ SciDev’s MaxiFlox chemistry and process applications are being used at a growing
number of key global copper mines reflecting the benefits of the Company’s bespoke
solutions.

SciDev Market Update – Activity Levels Returning in US Oil Sector

▪ Activity levels are normalising within the US oil & gas sector, driving increased
demand for Highland Fluid Technology (HFT) chemistry and professional services
▪ In the recent weeks HFT have executed several new contracts and business initiatives
including:
▪ Successful project commissioning to reuse oil field water for a major E&P
company using HFT water treatment technology and equipment
▪ Extension of a purchase order from a major South Texas E&P company for
completion fluids
▪ Commitment for HFT’s largest dry-polymer customer to shift from commodity
polymers and utilise SciDev bespoke chemistry offerings
▪ Major European Oil Company hires HFT to provide product development and
application support of new environmentally-friendly performance chemistry
▪ Continuation of chemistry development initiatives, with several HFT staff
working with a major American multinational oil & gas corporation
▪ The relationship with Flotek (ref ASX 21 July 2020) continues, with HFT fluids
being used on a multi-well drilling program in the Eagle Ford Basin and
expanded to the Unita Basin in Utah with positive initial results
▪ HFT is on track to deliver >A$2m of revenue for Q1FY21 (A$1m in Q4FY20) with
expectations for significant further revenue growth in 2H FY21
▪ The trial order between SciDev and Syncrude, one of Canada’s largest oil
producers (ref: ASX 26 June 2020) remains scheduled for commencement in
2H CY2020. SciDev chemistry has landed in Canada and is on track for trial in
September

DYOR as always .. Cheers tela

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SciDev SDV developments & revenue (below link explains it all)

https://www.smallcapinsider.com.au/ASX:SDV?utm_term=scidev&utm_source=adwords&utm_campaign=SmallCapInsider+Search&utm_medium=ppc&hsa_acc=4208083164&hsa_cam=6805602630&hsa_grp=80182075877&hsa_ver=3&hsa_kw=scidev&hsa_ad=390914669696&hsa_tgt=kwd-345822955132&hsa_mt=p&hsa_net=adwords&hsa_src=g&gclid=CjwKCAjwkoz7BRBPEiwAeKw3q-xJlWqg7Or6L-fT7KXMbZiPWNtm00uLbDuEKHFjBlBn1R70GWWYYRoCFCkQAvD_BwE