Read the story here. Advertise at Before It's News here.
Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views
Last hour:
Last 24 hours:

K2fly gains new substantial holder in Tribeca Investment Partners

% of readers think this story is Fact. Add your two cents.

K2fly Ltd (ASX:K2F) has gained a new substantial holder in Sydney-based Tribeca Investment Partners Pty Ltd.

Following a series of on-market purchases in May and participating in the company’s placement in April, Tribeca now holds more than 7.62 million shares for a 5.56% stake.

There were 6.8 million shares purchased in the placement with a total value of A$1.972 million while Tribeca made eight separate on-market purchases last month.

Five year contract with Roy Hill 

K2fly secured the first contract for its full Mining Technical Assurance suite from Roy Hill in May since acquiring the full suite of SATEVA applications in the December quarter of 2020.

The five-year contract with Roy Hill, a world-class iron ore operation and the largest single ore mine in Australia, has a total contract value (TCV) of A$2.44 million.

Roy Hill ships more than 60 million tonnes per annum of iron ore, with approval to move to 70 million tonnes per annum, and among the many benefits in adopting this suite of products will be an improvement in critical mine geology processes through automation – resulting in improved short-term scheduling and excavation of the ore body.

In large-scale open-pit mines, such as Roy Hill, small improvements in grade recovery or excavation efficiency deliver significant additional value to the operator.

Story by ProactiveInvestors


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.