Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Good luck dusty, must be a pain to have to post the same thing across multiple shares over the past four years.
My heart bleeds.
I'm really sorry the way you lot took me but Most of the people on here have not got a clue and have about 3 or more accounts . I work 21 hour in a supermarket for tax reasons and most of you have not got a clue why I DO THAT. . investing is a game but sometimes you get people who can spread untrue storeys to make money but good luck to you but I think the chairman been left in the **** and he will do his best to make it right. ,do your own research please.
Joanne Holland - Feel your pain and understand why you would choose to post under the DustyMop moniker!
Good god, give me strength!! Lol
We all feel your pain Dusty; I myself had a lovely one bedroom in flat in Scarborough but I sold it and put all the money into NFX with a view of making 10% profit over 4 years and finally buying my dream property, a 2 bedroom flat in Scarborough with a balcony. Alas the perpetual financial agony NFX has caused me has also seen me working anywhere I can just to get some money to buy a tin of beans to survive, the dream is still alive though because people on LSE forum say it will all be OK and you can't lose with NFX unless you actually invest in NFX
Dusty: "Sorry about spellings because I'm on the wine again" ... Could this perhaps be a major contribution towards your pecuniary embarrassment?
Not another nut job lol
See you at Aldi
I hold a lot of shares but the share price keeps falling WHY?. I have been investing a very long time and lost lottery money and now I fill shelfs in a supermarket part-time.. I lost money on companies just like this and the CEO left and people ramped it. The difference I think we will make money and hope this management can sell Nuformix and also the listing which as a lot of value.Sorry about spellings because I'm on the wine again. DO YOUR OWN RESEARCH ,because you could end up stacking shelves with me.
Just to correct one of the facts I got wrong in my last post. I think most of the current directors of Trx were appointed in May 2021 (not October 2020) so, if DG was also a co-founder (as mentioned on their website) then it could have been around then.
October 2020 was around the time when the Oxilio deal was first mentioned in an RNS. It is also around the time when DG set up his consultancy company, LSHS, which he recently sold to Oxilio in exchange for shares.
Apologies for the mixup
Trombone, I don't recall many posts from you before this year so I'm guessing you perhaps got in late last year while all the expectations were high?
Most of the damage to the sp had been done by then. The boardroom exodus had occurred, Vistagen & Ebers had come to nought, JH & Keegan had flitted and Brindley was working her notice. It had just emerged that DG, who left us unexpectedly in June 2020, was a co-founder of Trx Biosciences (which appeared in its current form around October 2020?) and was involved in brokering the Oxilio deal which involved handing away phase 1 ready CINV in a deal which capped our upside to a paltry 2m a year.
When I came in back in late 2019, NXP001 had undergone a bumper year in terms of progress, NXP002 was on the verge of a mega deal, Ebers were promising 51m in future business and we had what appeared to be a strong, ambitious and heavily-invested board telling us how promising everything was and how quick to market it would be. It looked like a good time to invest. How wrong I was.
Given all that, you were quick to judge it insane to not consolidate losses and get out if you felt misgivings at this stage. Was it any saner to get in when you had the benefit of all that in hindsight?
I hope it does turn around and you do make your money here. The rest of might just hope to reduce our losses if something magical occurs.
I don't have an agenda other than to hopefully make some money. I see plenty of potential in Nfx but also plenty of risk so I've invested enough to make some decent profit but not enough to severely dent my finances if it goes tits up
Oh dear, I got it wrong then.
Someone should tell Nuformix. The investor presentation on their own website shows a diagram on page 15 which has phase 1 readiness by mid 2022 and phase 2 commencing in mid 2023.
They're even further off than I am
The last Allenby report released alongside the half yearly in December had NXP002 phase 1 ready by H2 2023
SSM, Chab & Hale. All good points that I agree with.
SSM, it's not the products that I doubt. My main worry is that they could be taken off us for a knockdown price because BD doesn't yield anything. At the end of last year we were of the understanding that NXP002 would be phase 1 ready at the end of 2022. We're almost half way through the year and we have heard nothing on progress let alone word of the delayed data. If we're not vigilant we might just end up funding the development of these products until they advance far enough to be poached off us by vultures.
I'm watching with interest to see what happens next.
I'm with ForFX - no point taking a 5 figure loss for taking a few grand out if it makes no major difference in your bank balance. The game is still in play at the moment.
The plus side might mean a 6 figure gain if sold for £100m's etc which does happen in pharma.
If you invest in biotech you have to be ready to risk losing it all to become lucky for those 1 in 10 successes.
Always the slight chance that somehow from somewhere somebody will pull something out of a hat and the sp will hot my average of 2.5p and I can finally after years recoupe my hard earned.
Just like FFX it's basically xxxx or bust atm
Fx I think most of us feel pretty unnerved by the price movements in to new lows. At times like these it's important to remind yourself of why you originally invested and has the position changed with the company fundamentals or is the price movement irrational. The market is continually irrational and is by no means an accurate reflection of a company or its underlying value 100% of the time. I recommend rewatching some of the proactive videos. You mentioning nxp001 again, I wrote a post recently on my belief in why the commercial terms were poor, but why not hear it from the prior ceo, YouTube the interview with Anne, Sept 2021 1m44s in
I've lost so much money here that I might as well leave what's and see what happens. Not much more to lose.
Sorry if that doesn't suit agendas
Any sane person with so many misgivings would have sold out and moved on a long time ago
You don’t trust the BoD, yet you continue to leave your money invested, rather than move it out?
Don’t get it!
"ok, so you're upset they're not releasing news that might be negative?"
No, I want honesty, truth and a plan
I've said before that I find it difficult to trust a board that seems to put the interests of 'partners' above those of its own shareholders.
I struggle to see why so much effort has been put into hiding the details of the Oxilio deal from shareholders when there is so little in it for us. Why can we not know how much Oxillio need to make in order for us to make money. Why are we happy to let them delay without being able to amend the terms or seek licensing with others? What happens to the NXP001 IP if we go under in the meantime? Do Oxillio get it for free? What % of Oxilio revenue are our royalties worth exactly?
As a shareholder, don't you want to know?
ok, so you're upset they're not releasing news that might be negative?
They may have received it, but it might not be news they want to announce.
ok, so why do you think they haven't released news of durability data coming back? Do you honestly believe they aren't doing anything or haven't received it?