Member Info for CaveatEmptor

Sorry, should read Mankayan. Pesky auto correct.

I guess that one or more of the Chinese mining majors that LR and CB visited a few weeks ago wanted to see what was on offer?
If so then at least there was some interest shown, so the trip may have been worthwhile after all.
A quick sale of Mancanyan for £15M + would be the perfect scenario IMO, allowing other projects to be fully funded and a reasonable cash dividend.

But just pie in the sky at the present time, let's see it comes to anything...

I might also add that I have recently started to add to my holding because the science is sound and the company is approaching a pivotal point.

You may not believe this, and that is your absolute right to do so, but please remember that it is people's lives that you are playing with, both of investors and numerous future patients.
Statistically this includes close friends and relatives of mine, yours and all others that contribute to this board. I am sure you already know this and apologise if the reminder was not needed.

ATB.

You can

Hello January,
You are almost right on all counts.

Had you been an investor all those years ago you would know that the SP increased about 500% with the consolidation.
I, like many others at the time, took the opportunity to derisk, so I would say that my investment was opportune.

It is sad that, as a non-holder, you feel the need to contribute to the decline in SP.

Not sure what the 90% of shareholders that still have faith in the company will make of that, but I hope they will look kindly upon you.

ATB.

Sorry to hear that, Bob. I hope you are having a successful voyage and look forward to seeing you some other time.
I will certainly pass on your best regards to Colin.

ATB.

January,

You are too kind, thank you for your generous comments.

I am so sorry that VAL has caused you such grief over such a long time.
I have been invested in VAL since well before the 125:1 consolidation 4 years ago, but have been patiently watching the progress of the company. I own many millions of shares here and am keen to see a return on my investment. Is that so bad?
Why do you put up with it when it obviously causes you so much pain?
If you really feel so bad about VAL would it not be better to sell up, move on and have a happier life?
If you can't bear to think of a life devoid of VAL (and I can easily see why that might be) then maybe you could consider speaking better of it?
Let's remember the SP directly reflects the sentiment of investors and if, as you say, you and others have been vocally disgruntled for years, then it is hardly surprising the SP is so low.
Many AIM shares have soared and made a lot of money for their shareholders with far fell substance than VAL.
I am a microbiologist by training and know that the development of new drugs and getting them to market is full of complications and can be tortuously slow.
However, after many years VAL is now approaching an end game, so I too have decided to become more vocal. The only difference between us is that choose to be optimistic about the now near term potential of the company.
In the final analysis, nothing that you or I say on this BB will affect the effectiveness or commercially of the drugs being developed, it can only affect the level of the SP whilst we wait for the final result, in which we have all invested.
ATB.

Perhaps we are wind buddies?
LOL.

And, sadly, I yours.
But I still wish you all the best.

Hello H5O,

I will certainly be there, and I also think that Yoshie will be joining us.

CB and I go back some time. I have a significant shareholding here and Colin has always, at least to me, been open and honest. I expect no less at the AGM.

Sadly I missed last year's AGM, so did not meet you. Hope to see you this year.
Captain Bob, if you are reading the BB at the moment, will you be able to make it?

So another balanced day of trading with very low volume.
Obviously no appetite to sell at this level whatever the doomsayers rant on about.

Refreshing to see that there is an AIM share that does not over-react to gloom-mongers, so probably has well informed investors, and just as well, as I hear that the professional investors that took part in the placing are looking at multibagging in the next few weeks. No wonder the share sales have been limited to those who were spooked into selling by the insidious naysayers on various public bill boards.
There is never a valid reason to publically trash a share, IMHO, other than to get cheap shares at the expense of others.- Not quite sure how they sleep at night, but there again, it does take all sorts.

Good luck to those that have sold for good and considered reasons, but for those of you that have been duped, I hope you never let the guilty parties forget it. Not that I am in any way suggesting that fleeced shareholders should be vengeful - LOL.

For my own point of view I have tried to be balanced in my posts. I hated the terms of the Subscription agreement and did not hide the fact - often describing it as a "debacle " but on the other hand I believe in the product being produced and the profit that can be obtained. Yes, the BOD has, on occasion been a bunch of B*****ds, but in their position I am not sure that I would have made different decisions.

What it comes down to, IMO, after 15 years of existence for the company, is 'can the company come good?'
My personal belief is that it can, so I am holding /accumulating shares. Your opinion may be the opposite, in which case why not sell up and move on?

As I said earlier, persistent negative posts just show a contempt for the 90%+ shareholders that have decided to back the company.

Volume speaks volumes, but, as always, caveat emptor!

ATB.
,

Mandates given at AGMs have an expiry date that allows for a delayed AGM the following year or the date of the following AGM, whichever comes first. 150M shares is the current headroom and that is what happened. QED, as Boris would say...

Hello Borgie,

" why raise money now when they got £1m two months ago"

-Because this is the maximum equity issue they are allowed to do before the next AGM. They will be asking for a new mandate to issue more equity at the AGM and at that point last year's mandate will become null and void so if they haven't used it they will lose it.

I guess the BOD is going for the 'a bird in the hand' approach...

I was told by somebody earlier today that an update is due within the next 14 days - that would put it just before the AGM.

Now wouldn't it be nice to have something positive to discuss at the AGM?

It would certainly make a change...

or 64p just 4 years ago...

And some trades do not exist at all...

Facts are difficult to argue with - unless you are called Donald Trump or Boris Johnson, that is...

In which case you would probably say that all 150M placing shares have already been sold and there is a conspiracy to cover it up, um, er, quore, QED, nil disperandum, Boris is here, what, what...LOL

SP beginning to tick up nicely - sellers washed out?

Volume sold so far today equates to only about 10%-15% of the shares taken up in the placing - and reading some of the posters here, most of that must be down to them ( unless posters are advising people to sell but not doing so themselves? - not likely is it as they are all such honest folks!).

Volume over the last week has been very low so no pre-selling of any significance can have happened (also it would have been illegal).

The placing was made to professional investors. I hear that a single investor took up half of the offer.

So, regardless of what anybody says on this board, the professional view demonstrated by the sales volume today is to hold tight in order to make serious profits.Of course they were given insider information before they committed to make the trades, which we did not know about at the time.

I am not saying they are right, just that the facts point clearly towards the view taken by the professional investors and who am I to argue with them?

MathsProf:

"The Company understands that the Investor no longer has a holding in the Company."

So what 213m shares are you referring to?

A prime example of 'double talk' WT? LOL.