Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
nm
IMHO they are after cheap shares pre-wednesdays meeting as that is the last time PH Clients etc will be getting any this cheap ; .... but I may be wrong but its nice to have a dream !!!! GLALTHERS and here is to smelling some burning shorts
Many thanks for the info RMM ; Could it be that releasing the news on monday which is exactly 7 business days before the investor meet (from your 5-7 day statement on their website) means that we might just get a great update next wednesday .. that really would be something 'exciting'; .. We can all hope that is the case in which case that should become the catalyst for a SP rise
Fingers now tightly crossed as if it is the case then PH etc only have a few days to get further cheap shares for their clients
Many thanks RMM ; lets hope its so
You never know - maybe 1801 in AUS and if MHRA pull fingers out then 1802 in the UK
SAR come out with a RNS which simply states CTA approval some time in Q2 ... so we all know from that which way the SP goes
BUT : RMM finds details saying approval within 7-30 days in Australia !!!
So if our IR Lady had assisted to put that in the RNS then I would think we would be in a different place this morning with the SP;
I dont believe that the BOD would want the SP down for PH clients etc BUT they certainly are helping PH's clients to obtain cheaper shares once again
ARGHHHHHHHH !!! Holding tight for Q2
We are only 2 weeks away from Q2 ....
1 - MHRA need some serious reorganisation
2 - SAR now leaky via 3rd Parties ( Ref 30K sell yesterday which wont be investigated)
3 - Happy that it is now looking to be back on track in april (fingers crossed)
4 - Funding may now go further with the Tax Rebates &
5 - Utah you short mate
I said last week that SAR are more leaky than they used to be based on the large volume of buys a week yesterday (Friday) prior to Monday mornings RNS
BUT ... anyone else other than me think there were a lot of buys again this Friday just gone
Another RNS due on Monday ? ... I feel that there will be based on fridays afternoon trade pattern
Lets see what happens over the coming months with the 737 and CTA negotiations ... but if nothing materialises then, rather than sacking the BOD, I feel that we simply need TM to make the Company decision to step sideways into a 2nd CSO position and concentrate on supporting the science and a NEW DEAL MAKING CEO aswe cannot rely on Dr Owen and S Parker to perform this role since they both have jobs with 3 other companies and so are only part time at SAR;
This would not be a removal of TM ... but rather he acknowledges his weakness in senior management and takes a hit on his pride for the sake of the company .... then he can help said deal make to finally materialise some long overdue shareholder parties
All just IMHO and open for anyone to disagree with ... but we cannot go on like this indefinitely as we really need those deals to start materialising ASAP
And if we needed to save a little money on the way then just get rid of the ridiculously expensive IR Lady !!!
GLALTHERS
nm
After Monday's RNS; Volume has dropped off a cliff and the 5K buyer has disappeared ... very strange as i expected a SPIKE this week given the potential for a 737 deal which could deliver excellent funds to progress 1801 and 1802
Also just to pass the time of day ......
1) SAR have many 3rd parties now so they are no longer LEAK FREE ... look at friday afternoon buying frenzy ... so some were aware of the Monday RNS and
2) looks like our 5K and 10K buyers have held fire the last few days which is also surprising given the RNS
Afternoon Bailiff - I sometimes feel the same way, especially now that we know they are actively looking to move 737 onwards .... BUT if we look at the trades over the two days since the RNS i feel the market are not seeing it with the same view ..I feel that having been burnt so many times with the roller-coaster SP pattern, no one feels willing to risk SAR now until the good news actually materializes .. so we just have to continue to wait
Gone are the days when a Tweet caused a ripple in the SAR SP; Nowadays they get read without reaction as there is little explanation to go with it; Maybe the tweets should be written by SARs IR GURU .... sure that would make a difference (NOT).
They were rapid through into phase II and excellent to the point where they placed the compound on hold due to the lack of funding to move forwards from there ... but from that point they became a frustrating burden on SAR as othewise this might have been fast-racked to market by now ... some some excellent followed by some bad IMHO
Do you guys seriously think that the BOD would spend days writing a RNS in such a way that no words or phrases can be mis-constrewed by this BB's expert cryptographers ...
Give it a rest - It's back, it's moving forwards and shortly we will get an update ... lets not try to break words down and find hidden meanings where none exist
Time for a brew ... we all need a little more patience as the news is getting closer day by day .. this is a positive step forwards to retirement for many !!!!!!!!
SP not reacted quite the way i was expecting this morning - my mindset was in the space whereby over the next couple of months, given that they will have been speaking with interested large pharmas already, was that this could well be sold off within a couple of months for A LOT of money ... hence i was expecting a fair spike this morning - AIM always surprises
Utah - You SHORT man ?
Possibly i am over-simplifying this but IMHO they state they are focusing on TYK2 as it feels like SRA737 will get sold on to the highest bidder which is excellent for SAR as it puts cash in the bank to progress TYK2 into PII .... and the fact they state they are focused on TYK2 is also positive as it shows that they still have confidence in resolving the CTA progression
So all good by me - GLALTHERS
Its obvious that the two 19K sells was a Bed and ISA transfer .. so sells/buys should be fairly equal