Member Info for AquaeSulis01

https://www.cnbc.com/2020/10/20/uk-strikes-deal-with-open-orphan-for-coronavirus-challenge-study.html

Woolworth, share your dismay at the wider domestic economic outlook which is why it is so important to select your sector and company. Opti have an international partnership portfolio (Australian company appear the equivalent of lighter life in UK which is highly lucrative) so don't get too hung up on the domestic situation.

Little downside here with the promise of "green hydrogen" to come, suspect by the size of some of the sales, IP Group are in the process of offloading their remaining 9.4 million ordinary shares in Ceres Power, now that the lock-up which ended 90 days after completion of the Placing in May has expired, after which the sp should rise considerably

woolworth, re skinbio, I can only offer my experience with Open Orphan who did a similar placing to grow the business at an appropriate time, not to keep the lights on. The OO share price whilst suffering short term from the raise has subsequently rocketed so let's hope for similar with skin. Re the Covid situation, areas of the market that have done well are those businesses with a strong online presence, and as Opti sales are predominantly geared up to online rather than stores, and there are obvious health benefits to losing weight, no reason to think that Opti wont thrive going forward.

Yes, if the first four drill targets prove productive then there are a further 13 promising targets

https://www.kalaharikey.co.uk/mopo-farms-project/kkme-exploration-to-date/

Amazed the sp didn't open a lot higher on this news but not disappointed as provided a buying opportunity post this announcement. Wonder if IP are selling the remainder of their holding into this news and hence why a slow burner?

This is certainly a growth share and the 1000 target is conservative over the coming months.

https://www.proactiveinvestors.co.uk/companies/news/931694/hydrogen-investment-101-what-s-all-the-excitement-how-will-it-work-which-companies-are-involved-931694.html

https://www.proactiveinvestors.co.uk/companies/news/931745/ceres-power-inks-fuel-cell-manufacturing-deal-with-doosan-931745.html

Captain, you are correct in so much as there will be a market for oil for some years to come, but it is a diminishing market and the price is only being held at today's modest levels whilst the OPEC+ agreement holds good. I enjoyed the thrill of the exploratory days here even though I paid for that excitement big time as production disappointed. I have been out at a huge loss at circa 12p and have not been tempted back in. That said, my appetite for exploratory companies and the potential riches has not diminished, but I have switched to precious metals where the sp is soaring in the current climate. One company, Powere Metal Resources, has just started drilling on one of several projects across different countries, looking to confirm the size of a Nickel Sulphide deposit in Botswana. What I like about the company, is that the CEO has invested heavily himself, and regularly updates the market on progress, including a gallery of pictures and short videos in near time. Exciting times but I have kept my investment small. I guess the point I'm making is that if people are looking for black and white shares, why would you choose a product near the end of its life cycle rather than one enjoying a renaissance ?

Are we talking about the same picture that appears in the gallery? The samples shown in the gallery are marked with depths of only 17.16-18.60 metres. The 4 planned drill hole depths range between 525m - 710m.

Worth mentioning at the link in previous post at 33.30 onwards mentions that regards the Molopa Farms Complex drill the:-
Geologists are very competent
Drilling has not been rushed; 18 original targets narrowed down to 4
Until put holes in the ground cannot be certain of the geological make-up
Don't worry if the first hole is unsuccessful, the knowledge acquired will be used to improve the geological model for the next hole drilled.

These Director buys are significant as they dwarf the average trades and hence will unilaterally drive up the sp whilst they continue. The Botswana drill news whilst exciting, plays second fiddle to any news surrounding the start of drilling in Tanzania where the Nickel Sulphide deposits, as well as being much nearer the surface, appear to be over a much larger area. This podcast featuring an independent Geologist, Charlie Stephonson, is well worth a listen

https://stockboxmedia.com/podcasts/charlie-stephenson-si-capital-geologist-on-the-prospects-of-power-metal-resources/

Gallery now updated

Cracking RNS, fingers crossed everyone

Many thanks woolworth, much appreciated

You're welcome woolworth. No I'm not a lemming member.

..and as for last year Opti are likely to issue a Trading update in Jan 2021 to provide a financial sitrep

Woolworth, if you read the RNS thoroughly you will see that the FY and Calendar year are one and the same for Opti

"OptiBiotix results for six months ended June 2020 are set out below. The results are compared with the six months ended 31 May 2019 following the change in our financial year-end from November to December in 2019." and hence will end Dec 2020 this time around

Brief podcast

https://twitter.com/PowerMetRes/status/1316380199269863425?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

I am relaxed. this is by far my biggest holding

Apple's move to 5G Technology has got to be good for Fedwireless

That hockey stick is looking more like a lacrosse stick now