George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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I'm intrigued by Sareum's phasing in the SRA737 section: "Identification of partner"
Do they expect it to come to light sooner rather than later? Fingers crossed we get plans of a phase 2 or 3 combo trial with concrete timelines for milestone payments - i.e. securing funding for SDC1801 phase 2 in the process
So what's stopping it going to £1 + considering it was £1.47 a year ago , look where Sar is now :)
More expert analysis
Nothing in the way now :)
Thank you for the link. Very useful.
In a nutshell..
https://sareum.com/wp-content/uploads/2024/03/Sareum-Company-March-2024-for-website.pdf
Now digest, Sareum survived the fiasco!
Good riddance to RF, now let the fun begin
GLALTH's ;)
August- see RNS- death spiral begins with SP around 100p
March- placing at 10p
April-death spiral finishes and recovery begins.
Simples.
Crest
We took a very poor finance deal with Riverfort which along side some questionable motives from Peel? And spivs battered the SP. We have now cleared the finance deal that was hurting us and are cash in the back and waiting results which should propel the sp back towards £1:50 at least IMO
Have been at a funeral most of day so catching up on price movements and banter. Won’t sell any till this gets back to where it should be at the moment which is £1.
Indeed Joey...it's as though the RNSes are invisible at top of page...🙄😁
Zzzzzzzzzzzzzzzz....never ending array of numpties over the last 2 weeks
Hi All,
Sorry to be asking this but theres too much info to wade through here and the RNSs don't really make any sense to me.
I've had quite alot going on over the last couple of years and haven't really looked at this but noticed today that the SP has moved and the board has lit up.
Can somebody please briefly explain what I've missed and what were expecting :)
TIA
Cobalt
Yes so I suggest metaphorically 😂😂
HE1 was a laugh. I bought back into it at 0.060 and watch it hit 3p when I bailed.
Only wished I had more funds to buy in at that low SP. Two days of 100% SP increase and the a following day of cooling down. It will go again when it gets closer to Q3.
As you say, SAR feels the same I'm hoping that with RF gone, investors will want to load up whilst it's still under 50p.
Although I didn't catch this at 10p, I do think it has the legs to run up to 75p and over £1 on new news.
Do you know what a Warthog looks like?🤣🤣
This has moved like HE1
A Huge placing filled well below the go to market price. Of which a decent whack of that subscription was from institutions….
If there is news tomorrow/this week we might be have a real monster on the risers board. HE1 15 bagged in the space of two weeks. Of which it had 3 days on the bounce where 90-130% daily gains. Feels a little similar.
Might not happen of course. But does feel the same with the buzz that’s coming.
Also with HE1, I sold after it did 300%. I then had NT as it flew through multiple pennies. If you are out this now, be prepared you very well might have to wait a while before you can rebuy
#talesfromthetradingfloor
lol
Best
BigE
Warty
He wasn’t being nasty.. you two should kiss and make up 🙄
Aha! I see a filtered message! Must be CBlue having one of his periodic outbursts of vitreol!
I would expect that this is the beginning of the rerate rather than the beginning of the end with plenty more news to come. On thing is certain and that there is never certainty, but the omens are positive.
We have been through the mill on this and I believe the trap door was being prepared. I think the forces of darkness thought that with the sp on the floor and funding withdrawn, probably as planned, that SAR would fail. Perhaps a share price of aprox 2p was being prepared for the investors on a take it or leave it basis, after which the company would go private and be set up, after the completion of P1a, to be flogged at a massive markup to a pharma.
We deserve to be informed by the BOD who it was who suggested RF and who knew their form. It must have been well known as Puma was telling us all about how it would pan out. Without shareholder participation it is unclear whether we could have survived.
We need to know for the simple reason that how can we be sure thatsuch a scenario won't be hoisted on us again in the future.
Issues like consolidation were imposed on us with no regard for the views of the owners of this company, the shareholders.
I believe that the BOD, while negligent, they did shape up when heel come to shove in organising the recent funding arrangement.
I'm about the same warthog I tend not to look to much when it's rising , I certainly can't call this one I thought RF was priced in.....
Well done Carrots - that's a tidy profit :-)
Enjoy.
My dear boy, a profit is not a profit until the cash is in the bank. Well done carrots.
That's because you're such a pessimist.
.. total credit for the rapid rise to today's closing!
I am the kiss of death when it comes to dealing. Bearing in mind Sareum's SP volatility I sold my Wrap, albeit for a tidy tickle, since which time the SP has forged ahead. Shudder to think what would happen if I put my toe in the water again tomorrow.
Loads more to come, I may consider selling from £1 to £2…..GLA