Member Info for Billthebank

Whats happening at 0.43??

Yeah interesting that is for sure. Just reflecting on the purpose of the strategic review nad Orion. My view is Orion dont seem all that bothered and own nearly 30% of the company. I can't see them wanting Weatherly to fail. Of course the statement re being unable to service the loan repayment mentioned at the same time really spooked the mms and the sp nose dived. However when you consider that the company have been stating this for some time and Orion just seem to roll with it seems that the drop was an over reaction bythemaket. Dont have level2 so not bang up to date but it appears the mms are playing the share again and today the sp could go either way. Shame about Kitumba and I need to research that. For me the POC is tsanding at $7k/tonne so with C1 costs presently at Tschudi standing at circa $5200and the fact that Orion gave them a rolling facility of $10M to use if they wanted suggested that they were comfortable. All very unusual

Whats your take on this at present if you dont mind me asking as you always seem a sensible poster

are you really that confident there is a deal on the table? Surely the company would have to announce it if there was one?

Thanks TBH I hate this my dad is bigger than your dad mentality on these threads. Some years ago The Money Mail had a great board where people were like minded and were only there to help. On here and ADVFN soooo many people have an agenda and are very self motivated even to the point they will lie and cheat to get one over on you Disgraceful IMO Karma eh?? Try to be mindful of what I say and how I deliver it after all life is too short and we only get one shot at it Have a great day!!! As I sit here listening to The Doobie Brothers I am chilled!!

My point is that as Orion are so keen to extricate themselves allegedly how much would they expect or be happy to receive? Might they take �75M and walk?

Anyone buying the company would have paid the debt off. Some are intimating on here that Orion want out Yeah of course they do!!!! The question is How much will Orion accept to move on �75M seems reasonable don't you think? So that and �40M for whats left of the company(and we are not just talking about Tschudi remember would see �115M investment on a business with a rising copper rice very attractive indeed for a company with a view that copper could rise to $9/10k/tonne

1B shares in issue Pres value 0.4p X 1000000000 gives a c/v of �4M only so 4p equates to �40M so I reckon anyone with �120M who likes the copper prospects here would be content to make an offer. Tschudi only on a two year cycle only would cover much of that. OK It isnt all about Tschudi but hey ho whatever happens its going to be interesting. Cant wait to hear who the offerror is. As soon as that becomes known then boom!!!! I am in still. Will be an interesting afternoon as the bears and bulls battle it out Good luck all

have to pay off Orion so what will orion accept to extracate themselves. Would they take �80M? Tschudi is producing 17k tonnes and if the POC rose 20% and there are a lot of wealthy people out there who envisage the POC rising up towards $10k/tonne. Lets be conservative and assume a 20% increase and C1 costs of $5.4K/tonne to ease the maths? On Tschudi alone we have a mine with a profit of 17000X $3000. A wee return of circa $50M. So how much would someone pay for Tschudi alone even if the mine life has been reduced. The sp has recated as the drop has been overdone. I am in and can wait. One thing according to LSE WTI c/v is �20M not �5M!

For this long termer.

****** Only just seen the RBS Half asleep.What is going on.ztried to buy and had to pay 0.33!!! Didn't sell on drop but have a long way to go to recovery here.

If they had secured funding would they be allowed to buy with privileged information?

Nice set of results.Co valued at £12M presently.We have a contract worth £250k and as at end of last year £1.8M held in cash. When HEMO established the co was worth £9.6M so moving forward.Patent news awaited re humanized mice and CEO taking bulk of his remuneration in shares.Downside they have working capital that will last till end of this year and a placing may be required at that time? lets see how this amazing story develops over the next 6 months. Wouldnt invest my house here and it has risks but who knows. Any thoughts?

It's only been 3.5 years.Patience my friend

or so it appears Nice to see the sp beginning to rise again. I cannot quite believe how this share has been played to date since the release of that extremely strong RNS

I can wait as no reason not to but need 1p to get into the black

Totally agree.this is a time to buy!!!

Sir Marc has elected to receive most of his remuneration for his role as Chairman and as Chairman of the Scientific Advisory Board in shares in the Company.

SO................I revisited the final results for 2017 to re acquaint myself with my investment here. We do have ove �3M which will see us through until the end of the year and as I see it the company intends to increase its R&D this year but was not expecting an offsetting increase in revenue. The recent commercial contract has no value attributed to it revenue wise so i will assume that it is not a significant contributor to revenue. If it does though then good news. As for the latest RNS it stated that:- The Agreement covers the integration of Microsaic's compact 4500 MiD(R) mass spectrometry detector with Unimicro's Capillary Electrophoresis ("CE") Platform. Once integrated, the combined product will be sold directly by Unimicro in China via its extensive distribution network. So for me I would like to know will this integration take place this year and is it likely that this will increase our revenue stream this year. If not then funds will need to be raised in Q3 2018!!

This will happen eventually but as ever patience is needed. Is LSE broken? Says no trades since 10:30?