Member Info for BigDave13

At the moment this is going nowhere! However recently there does seem to be the beginning of what may soon be some progress on the Coal and Gold fronts. I would like to think that by April/May we will have some positive news flow on both fronts.

Just topped up on Barclays. No luck on Quote and Deal for an hour so tried At Best and dealt with straight away (well a few mins wait whilst it was processed and only then was price known).

Well said

Newco = Bixx Ltd

You have misunderstood the re-org transaction.

Vela shareholders at the time of the re-org retained ownership of the Group 2 assets (incl ARB) so will benefit from its SP uplift.

New shareholders buying into Vela post re-org bought in on the basis that Vela did not own ARB and therefore the SP was set accordingly.

It is not as simple as saying they should not have sold ARB. Read the relevant RNS for details.

The Company is currently facing two challenges. Firstly, the Company has a current requirement to repay the Company's outstanding Bonds to the amount of £550,000 on 17 August 2020, details of which have been previously announced by the Company. Secondly, the Company has an ongoing requirement to raise additional funds in order to continue to implement its investing policy and add to its investment portfolio. At the current time the Company does not have sufficient cash resources to repay the Bonds nor does it have sufficient funding to enable it to continue to implement its investing policy and add to its investment portfolio.

Sold part of KNB stake

Gotta be an opportunity for another meeting :-)

Oh Dear !!!

Once the last of the 150 patients enrolled, will then require a further 28 days for the trial completion and final reviews. 33 hospitals now part of the programme so they only need a few more patients each to hit that level. Best estimate if all patients on boarded by end of Feb, I reckon we are still looking mid April earliest.

james normand

nuff said!

dyor

Refer RNS dated 31 July 20, outlines assets disposed of as part of re-org

Just hit 2.90 EUR, I make that £2.50

https://www.tradingview.com/symbols/SWB-K4H/

The article states "Tests of the Astrazeneca treatment are running at 15 sites across Britain and has enrolled 82 patients." According to recent updates, there are now 33 hospitals in the study including 10 in Czech Republic and 8 in Romania. SGS will also be undertaking another safety assessment once 80 patients have completed the trials so news on that should be announced shortly.

Northern Zone drills will soon be upon us.

Whoop, Boom!!

Bear in mind that Vela is an Investor in this treatment and will receive a profit distribution based on pre determined formula compared to SNG that I understand owns the relevant IP of their treatment. Still expecting material impact on MC on positive news soon

Just listened to the last Proactive interview with NM (19 Jan). In response to question on drilling in Northern Zone, NM said she expects drilling to commence soon or hopefully in 1st Quarter or soon after. So covering all bases there but news within next 6 - 8 weeks is possible. Boom!

On HL, I type Kanabo (not KNB) and it shows up as SOP

More meetings but it does sound like progress

https://mobile.twitter.com/Naheed_Memon/status/1361568012235603968

I subscribe so may be behind a firewall

https://www.telegraph.co.uk/business/2021/02/15/cannabis-market-high-kanabo-lists-london/

Spicey, yeah I was buying on those spikes! Hoping for a triple play in next couple of months, Northern Zone drills, LOI and CTG/CTL approvals. That should put a rocket under the SP.