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My last post on here was 2/8 and Im still invested and like many others still waiting patiently
Back then I highlighted the application for a mining license had been applied for in July which was important from my perspective as the election wete looming in Nov altho we all knew at the time the Esia had still to be finalised and that being granted usually comes first b4 the ML is issued
I also pointed out my frustration at the time it’s taken to resolve financing as the company have been churning out the same message from late 2019 that discussions are ongoing blah blah but still nothing as yet ... with the required amount being tiny in relation to its proven npv altho it’s reasonable to expect financing to follow once the ML is in the bag and that’s fair enough
It’s been quite a journey seeing so many different posters over the past 18 months all say we are on the cusp , it’s imminent and with good reason tbf as the economics here are mind blowingly excellent but it’s now feb 2021 and yet here we are ..still waiting so it is frustrating there’s no doubt about that so safetrader , jsd, dambala , and the many lths here respect fellas genuinely mean that
Here’s an extract from October’s Rns to highlight the hope we all share
“With project financing, a mining licence and commencement of mine construction all imminent, Mahenge, and indeed Armadale, is on the cusp of transformation. Ultimately, Mahenge’s value potential is clear, and it is our responsibility and focus to convert this into meaningful returns for our stakeholders. To deliver on this, we have devised a staged development plan giving a fast-tracked, low-cost route to production. This is truly an exciting time of development.”
I couldn’t agree more but this is mining and mining in Africa and it all takes time that’s plainly obvious so imminent and on the cusp mean nothing like what they normally mean ... but patience is needed in spades ... anyway fingers crossed it’s soon whatever that means GLA
I’ve been here longer than u u muppet look back on my posting history
It’s an absolutely ridiculous concept to think or remotely imply that the company or the CEO in some way would be holding back any info data news or anything else without good reason for doing so ...
Let’s take the example of the Vaccine situation where we now discover that the PM set up the vaccine task force last April and immediately set about drawing up a plan so that within no time they had secured millions of doses of the stuff b4 anyone else and look now ...over 10 million vaccinated more than the whole of Europe put together
Point being it’s only now we know the full background to it as it was all done behind the scenes and yet to many it’s still a **** show and no credit will be given as that’s the way it is .
It’s also pretty clear the U.K. will be announcing very soon that we have our very own fully fledged.diagnostics industry with the full infrastructure set up and. designed to ensure we will never be in this position ever again hopefully
But to do that it needs foresight u need secrecy as Agent B as just pointed out , this type of stuff is highly sought after and u need everyone in the chain maintain the highest standards of discretion until such time as it’s all done and dusted
There’s far too many people imho who simply thrive on negativity short termism and being a captain hindsight as anyone can be smart after the event . There’s so much to admire about Avacta and what they are doing but the options are clear and they are if u don’t like it .. get out of here ,move on to something else as it’s clearly not for u .Simples
Fwiw I’ve never been so convinced about any share I’ve held than this, but thats just my take on it ... our time is coming me thinks very soon . GLA stay safe keep well
Up 50% now but tbh that’s not unrealistic on that news today ... $5.80 do the maths ... it’s got some catching up to do over here yet based on that price
After that today and the interest it will generate it’s quite incredible that any one would consider selling any amount of shares in Tils today given the magnitude of that news and the impact it will have if not today then tomoz or the next day or sometime soon
The pre market price atm in the US is equiv to ÂŁ2 here so why sell ? Look Each to his own and a profit is a profit for sure but ur potentially mugging urself off at these levels imho GLA .
I’m not sure that in a trial of that size, in the midst of a global pandemic like this ,where the world is absolutely desperate for a remedial interim treatment for folk with severe cases of covid ...that there has been any better Rns this year as that today ...stunning ...there’s nothing in that whatsoever that is anything but positive, inspiring and packed with real tangible and exciting possibilities to fight this bloody awful disease ..
Not only that ,but don’t forget this is just the start for Foralumab it’s totally unique...the real journey hasn’t even started yet ... .Awesome possibilities here ..well done Tils GLA
Taken from the Rns 4/1
“The topline data from the trial is “expected” to be available in January 2021.”
I believe he repeated the same info at the fireside chat last Thursday on the 21/1 (from memory ) that they were expecting the top line data by the month end ...which may very well be the case ...but whether it’s received and then been able to translate into an Rns within in the same timescale ...is another matter completely I’d have thought
Either way it’s going to land pretty soon and when it does it should be worth the wait from what’s been implied so far. ... if it is ..I can’t see this being at 150 but that’s just my take on it as always . Anyway a great weekend to all invested here stay safe keep well ...come on u Tils !!! GLA
For anyone who missed this last night Axe Caoital posted this which explains shelf funding ... perfectly for any unfamiliar with it ...thanks fella
Talk about foresight !!! all the pieces are coming together here and we are potentially entering a golden period these next 12 months ....GLA
RE: $250,000,000 Securities Raise according to the LINK FFSToday 00:28
Diasydias - you are correct buddy, just read up on it to educate myself on this type of offering state side.
Found this-
helf registration, shelf offering, or shelf prospectus is a type of public offering where certain issuers are allowed to offer and sell securities to the public without a separate prospectus for each act of offering and without the issue of further prospectus. Instead, there is a single prospectus for multiple, undefined future offerings. The prospectus (often as part of a registration statement) may be used to offer securities for up to several years after its publication. A shelf registration statement is a filing with the SEC to register a public offering, usually where there is no present intention to immediately sell all the securities being registered. A shelf registration statement permits multiple offerings based on the same registration
So if I am reading this right this facility provides Tils with an ongoing background funding facility or war chest of 250 million dollars ...that enables them to raise a maximum at any given time 40% of that sum up to $100 000,000 by the issue of new shares /Adrs via B Riley with whom they just had the fireside chat
What’s not to like about that ? It what this doesn’t say is the most exciting bit for me , as no company dies that without knowing they’re into something defo imho ... it may be start the car time very very soon GLA
Good news about the cash situation as this appears a strong enough endorsement that no imminent fund raising will be required according to this (unless the picture changes dramatically ) as u can never say never with pharma but a useful pointer at this stage to state our position
“The Company's budgeted expenditure for the full year 2021 remains $30m and budgeted expenditure for 2022 remains $28m; in both cases the expenditure totals include all clinical and general and administrative expenditure. Cash and cash equivalents as at December 31, 2020 stood at US$62m.” Sounds good to me that !!
As for the next update I thought the top line date was confirmed as being available by month end ...and there is no mention in that today that that has changed ...but whether it’s released via Rns by Friday is another matter .
Either way I don’t think it will disappoint when it does come out so I’m not sure why there has been a sell off .. but that’s just in my humble opinion as always .
GLA stay Safe stay well folks
Just join the dots here and all the cryptic clues contained within last nights update , Kunwars video found by Astro and the Proactive Iv with Dr Weiner and then add in the confirmation they’ve now said the data will be out by month end so that means by next Friday at the absolute latest
The U.K. govt spending on covid related matters is 22 billion alone in the next 12 months so do the maths by adding every other country’s spend to that on such things as testing ,ppe and vaccines ... but equally imperative as any of those ..is the pressing need for an interim treatment for saving the lives of literally millions of folk who catch it with a real bad dose where currently there is no recognised market leader to my knowledge I might add
Point being there will be a huge demand for what Tils may be able to offer here in just this one aspect aloneness and better still it’s so easily administered to patients of all types and ages there are no other antibody treatments like it in those formats . Furthermore it’s entirely unique to Tils and for me that’s what sets it apart
If it does do the business it will catapult Foralumab and Tils on to the world stage at the optimum time as the world is desperate for remedies such as this could offer
Look I realise nothing in this game is a shoe in but I reckon they’ve given as many clues as they could have that it’s going to be good news which makes this sell off bizarre to say the least with what we’ve got coming ... unless of course u bought in at 80-100 p like the guy yesterday who sold happy with his 60% profit in which case fair enough . Anyway GLA stay safe stay well stay humble ...exciting times await hopefully
Sorry mate I hadn’t realised u had posted that link
Credit to the main man Astro for finding this tweet from Dr kunwar who seems to be implying to me at least ,that maybe the treatment we are providing in the Brazil trial may just be the answer to combating the new South African strain of the virus ...which the new vaccines appears to be struggling with ... if so ...that’s proper start the car time here GLA
https://twitter.com/astrobrook/status/1351995399893086209?s=21
Some crazy things happening today the bid offer has just gone to 158-160 and as pointed out below U can sell lots at 160 and yet u can’t buy a bean
Now that usually means the mms are short of shares and want yours off u .... once they’ve got them they will almost certainly move the price upwards and the person selling gets mugged off ...as had they waited a little while longer they could almost certainly have got more for their shares by simply holding until the price goes up ...
I was always told not to sell my shares if the corresponding dummy trade to buy ...was resulting in a NT ...as it’s a racing cert the mms are trying to mug u off
Just looked now ...it’s 163-165 .... keep hold of these beauties they are golden tickets for sure GLA
Spot on and don’t forget u will all be paying stamp duty at 0.5% on all ur purchases after the main listing which is one small reason why I’ve taken some more today as using a £10k purchase or about 6600 shares it’s another £50 on top of ur trading charge ... a much better reason however is that it’s a fair bet with the right news here next week this current run has still got some legs in it yet but that’s just my take on it of course . A great weekend to all invested here with lots to look forward to . GLA stay safe stay well
Great detective work Bermuda shorts ...put urself forward for the next inspector role on death in paradise with skills like that son ! Good work inspector and thanks for sharing
Quality posts fella thank you !
I posted recently to say if u had been invested here 12 months u would have doubled ur money a week later u would now have trebled it ... but for many a couple of months is a lifetime a coupe of weeks is tbh but just shows u how quickly it can all change ... it’s been said many times b4 but if u have done ur research here and are prepared to give it the time it needs ..it will deliver simple as .That appointment today btw top class speaks volumes for where this heading ...well done the BOD GLA
Happy new year to all ... just a couple of thoughts here and look I realise we all have our views and opinions on a whole multitude of aspects relating to Tils and rightly so ,but for me I’m in the Shiraz school of thinking and ultimately if we are patient enough here the returns here will be plentiful .
That said i fully accept we could be a lot better as pointed out pretty succinctly below and it’s something the company need to look if they want to be even better
Paradoxically though despite their shortcomings the reality is had anyone actually been invested in Tils for even 12 months ...which from a true investment time period is not that significant in truth is it ? but if u had , ur return here would be over 100% which is pretty impressive in truth
I for one would ideally like to bag big time and the sooner the better for all of us no doubt but this is pharma and it takes time but even so these unprecedented times could change all that as we need breakthroughs here and now and so if anyone of our multiple shots come in it could happen sooner than we think
I was here early in 2020 when J Adam and man about town had huge holdings here but they both bought in early doors and no doubt at getting close to 3 quid they both multibagged and cashed in their chips and who could blame them ...but they hadn’t been here for just a few months and that’s maybe worth remembering .
Anyway Gla stay safe stay well and exciting times here are coming imho so keep the faith
https://price.metal.com/mobile/RE-Metals/spot
Looking good