The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
They are recruiting lots of volunteer to help with the rollout. I have joined St. Johns. Ambulance as a volunteer vaccinator and should be starting in a few weeks, they will need this as the NHS is running on fumes.
Let them work on getting the trial sorted instead of updating shareholders, I know which matters more to me ;)
RNS is due before EOY once the trial starts, let's try and be patient. I am over 50% down here but looking at the fundamentals i'm not too worried.
Well, we're all in it together pal. I think the 'act greedy when others are fearful' quote may apply here. I guess we'll see in retrospect. I just keep reminding myself of the science (which is really all that matters long term)
being down 10% here compared to a few weeks ago means I am losing less money per day :)
Roll on Q2 2021. Everything else is just noise imo. Lesson learned from me to not go to heavy in the beginning as i'm already over invested here and can't avg down any more. Happy to be at just over the placing price, we'll be back there at some point. Just remember the product's effectiveness, the multiple revenue streams, and the oversubscribed placing.
I found this part interesting. Are they aiming to get the UK part of the trial done first (within 6 months) with the rest of it taking upto a year? Maybe some interim results once the UK is finished and this may be enough to move things forward?
E.8.9 Initial estimate of the duration of the trial
E.8.9.1 In the Member State concerned years 0
E.8.9.1 In the Member State concerned months 6
E.8.9.1 In the Member State concerned days 2
E.8.9.2 In all countries concerned by the trial years 1
E.8.9.2 In all countries concerned by the trial months 0
E.8.9.2 In all countries concerned by the trial days 16
No more days like yesterday. I came close to selling to preserve capital and it would of been a bad move. Long term outlook for sng is unchanged imo but its easy to get caught up in the emotions of the moment when you see £10k's evaporating from your portfolio (albeit paper losses).