David Talbot spoke at the London South East-Red Cloud Securities Global Mining Special. Watch the full video here.
Cannot buy on HL??? Bid /ask the same?
Only 41000 cases of COVID in USA today so massive downward trend - there is not enough cases now for what we would require to run a Trial - unless it does run until end of 2023 - which it could through next winter, but its a long way off and that is why we have the sell off - the penny is dropping I think. This is just gutting.
Its dropping like a stone!! Jeez screwed
If SAB are out, then we are out. If they not continuing with ACTIV 2 Phase 3 stage with them based on basically same objective, then same reasons will apply to us, thus they have not started the Phase 3 as yet. Writing on the wall - Bugger!!
No matter what the Phase 2 data says now, its gone! Only way forward now is more trials, we have missed the opportunity we were presented on a plate by a screwed trial!! Could not make this up really.....
Lets be honest here, Van Tammy Boy, when he gave that interview at Southampton basically stated all we needed to know looking back on it, he openly said that any treatment would be weighted against "benefit" to "cost" and that says it all. SNG for a Government/Tax funded National Health Service will always go for cheaper options, and stomach the increased death rates if that be the outcome of that policy.
However as I said before, SNG's target market is the Private Funded Hospital market where Insurance pays, or people with no insurance will spend £2k so they do not have to fork out Thousands of pounds for Hospitalization.
NHS were never going to purchase this, not in a million years. Certainly not en-mass anyway as they still have to top up the care with other drugs and medicines anyway. Yes I get the argument about freeing up Hospital beds, but the NHS do not think that way, they think at base point "what does this treatment cost" - That is why the whole focus was on immediately ramping up the USA "into market" prep.
And it is still the way to go, and AcTIV 2 Data is absolutely key for this to be a success still. We still have a lot of skin in the game. Hopefully the deep dive will give us some positive data back from the Hospital Trial, and then we kick on in the AcTIV 2 and maybe add-on a platform trial to prove it can be used in Hospital setting in other countries that would buy for this area of treatment and certain stage of infection.
I bought £20K more yesterday and took the plunge to vastly reduce my average, as I can see a bounce coming just on the positive data we have to come and direction of travel that will be communicated. SNG were super confident this was a goer, so I say, they must still believe this. Something gone wrong here (Bull**it end points for a start) and I think that moving forward, with clear direction of travel, with specific targeted stages of treatment for SNG to be administered, we will be Ok.
Ravenspuds - I am not going anywhere so sorry to disappoint. :)
Mani and others - I still hold like the rest, but really disappointed that nothing has been forthcoming and an update on where we are going with this. I do think we were owed some sort of update today even if very brief.
Like we have been saying we will just have to look on the positive side, no matter how small that maybe, until we can gage on what comes next.
I still stand by the slight rant below (forgive me) but we have been well and truly sucked in to this with nothing actually coming to fruition in any small part. Well apart from a s****y new website lol :)
Mr Tennis - you play between the lines, but obviously have difficulty reading between the lines - so not sure you have any worth with the "Intelligence comment" bud.
Ever feel like you have been stitched up?
1. Lots of medical papers released over past year prior to results stating IFN seems to be the answer to COVID (Mmmm - seriously)
2. Mid-Trial review - we obviously passed, or did we? and precisely what info was reviewed FFS (Mmmmm - seriously)
3. Delaware Office registered (Mmmmm - seriously)
4. USA High flying Jobs advertised (Mmmmm - seriously)
5. Hook up with Ashfield announced (Mmmmm - seriously)
6. Sparkly New all singing and dancing Website put up (Mmmm - Seriously)
7. RNS so negative it really beggars belief as NONE of the positive points were really bigged up, just we failed and, O Well suckers never mind (Mmmmm - Seriously)
8. Failed the 2 endpoints, but we past the mid-term review to continue, and I say again what precisely were they actually reviewing then if it was not the actual the end points stats at that stage being reviewed FFS (Mmmmmm - seriously)
9. Based on all the above positives I have listed how come the share price did not rise over the past 4 mths well above placing especially with POLYGON continuing to buy a huge stake and was kept within a very specific range? (Mmmmm - seriously)
10. Funny how POLAR started unloading approx 5.5% of SNG stock (11 million shares) after both SNG018 Hospital trial and ACTIV 2 Trial were announced and First patients were dosed and whilst both trials were being conducted - who owned those shares and why did they sell at that point after all that great news and how did Polar time it almost to the right month/week to sell that much down and then just stop? (Mmmmm - seriously)
11. AcTIV 2 Trial announced back in October last year that we had progressed to Phase 3? Yet that has not even started and as yet no Trial Data released to date! How can that possibly be in any realm of realism. If they know we were good enough to progress to phase 3 in October how come no one has seen the data! Beggars belief FFS!!
12. This all stinks to me. Even the uplift from POLYGON since the collapse could be some sort of smoke and mirrors here to cover the tracks of what has gone on here.
Seriously in a bad place with this now, no update from RM (Silence) and seriously wondering what I have been involved in here. Maybe paranoia, but then again looking at that little list above "Mmmmm" not too sure to be honest. I know I want some F**king questions answered that is for sure!
And that is Capitalism my friend! You take a position and take your profit and Bonus, and leave the rest in, as they did. Nothing wrong with that at all. They are not here as Directors to make no money or get rewarded for what they do and to go belly up because you see selling there Option shares as a negative sign. It is not. We all had "Options" to take profit when our shares rode higher? Did we or Did we not? it is a personal choice for all.
Anyone that did not sell on the Option would be an idiot not too at those levels. Don't be concerned about oj17, he does not understand how Capitalism works! The guy obviously has his £100.00 in here and cannot afford to lose it so comes out with these Pearls of wisdom that are at best pointless, and from a trading point of you utterly inconsequential.
RICH3R - It was more like riding a Donkey with a Pe**s extension on and it going in dry! We all went all the way down on it and it still 80% in!
Has anyone had thoughts that the RNS was soooo negative that a deal may have already been done to get it to buy out stage! If you read between the lines here.......
It has failed so spectacularly and almost by a miracle based on 15 years, and as Andybe4 says, YES 15 Years in development! That is a gaping whole in the info here that I cannot get my head around since Monday RNS, and certainly since POLYGON 4% uplift and still adding. Are we being Frigged in the "Rigging" as the song quite closely goes......
Woody - If that were the case why add 4% in one hit to the marker? Why not add a token 1% as this would of had same effect of telling us Pi's they were still onboard. Adding 4% and leaving another 2million on the table when trying to trade out is a bit far fetched to be honest and just makes makes no sense.
They could have spent 500,000 and had same effect and traded the other 2 million out, leaving it in, nada, as makes it even more complicated to get out.
I see Driftwood has come out with an absolute belter! Post of the day goes tooooooooo ?? ...... :)
Citadel closed out after the RNS of the 4% uplift from Polygon RNS'd. That is why price kept down this afternoon. Yay!
They increased Short up to 0.59% Monday. Reduced to 0.42% yesterday and closed out this afternoon. Done!
Citadel closed out after the RNS of the 4% uplift from Polygon RNS'd. That is why price kept down this afternoon. Yay!
They increased Short up to 0.59% Monday. Reduced to 0.42% yesterday and closed out this afternoon. Done!
They closed some yesterday down to
Same to you Manifesto - I wish us all some good luck and my hope here is that we will survive this. Never seen any of you, only communicated on here (and to get too sentimental) I am really pulling inside for us all that we get out of this and Polygon help us get back to something we can all sleep soundly at night with recovering.
And if we can get out alive and sort of intact, we can have an "End of the Nightmare Party" instead lol :)
MassiveRay - So did I lol (What do they say these days "I hear you Bro" lol :)
Yes Mani I did, and I did not comment on it as I feared being shot down as I believed what Beforegolf stated. It was detailed and the way it was written was plausible to me. I am with you on this, it maybe they have had a really positive and "detailed" chat. Something has definitely kept the fire burning under their backsides for them to carry on investing.
So its either / or. Take Out/AcTIV 2 Trial is showing excellent results.