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Lol, shall we agree it is nearer to Feb 2021 than to April 2020!!! LOL

Yeah, I think with those tax credits and vaccine costs it just takes through to Feb 202, and the potential for so much to happen is high, in that time. So it is not just not discussing the possibilities of a placing just a bit erly todo so as a matter of impending emergency. A good reminder though as to where we stand.
Catch yer tomorrow guys, good talking.

Thanks Bermuda, there looked to be a missing amount since I last looked, that is it. The BOD were very confident of that early 2021 cash flow at the time.

Good question, I have asked numerous times how we are funding the MOD1 Trial this last year. I was under the impression the cash burn was under £500k a month, exraordinary items paid i.e SCIB1 and SCIB2 vaccine costs, patents, licences etc.

Seems a very confident statement re funding until early 2021, and indeed a very confident view MOD1 will be funded and monies from a commercial deal with the Third Platform, Glycans and Mabs will be realised. Again one heck of a statement to make unless they are as sure as they can be on incoming funds, which at the same time will move the M/Cap North to accomadate any funding further needed.

Much discussed at the time, and yes I likened it to to the confidence Scancell showed in having necessary funds in place to follow the stratagy six months ago. I stated at the time of the first tranche a Plan B would have been put into place, and still believe that to be the case. Anyway, night for now, just the one MM on 5p bid in the morning................hmmm!!

Ruck made an observation earlier which caught my eye and on face value made sense,,,,,,,,,,,,,,,,,,,"" For example why do people frequently and optimistically talk about “deals” (that never materialise) but are reluctant to talk about fund raising (that frequently do)?""

Your argument for a raising in April 2020 some 10 months before the BOD have said we are OK for funding until 2021 surprised me. On what basis would the BOD do that particularly in mind with a SP valued at 5p when the possibilities for building momentum for all trials is so high and could well value us considerably higher, as it does after reaching the 3s with City Financial and motoring onto 10p in a very short time.

Lol, Ruck, we can all do better and try harder in certain areas, appreciate that.

Nomlungu, if I can do nothing but urge a follow up to the UCLH that is an important step, thanks for your concern.

No I wouldn"t expect that from , anybody as you should know, but it is sure annoying being singled out as the one behind them all. I am sure you would feel the same buddy.

Tony Fawcett, Nomlugu brought to my attention your earlier post, and I just wanted to wish you everything you might wish for yourself. I have been diagnosed three times at UCLH, Under a Prof Sam Janes, if you want to send Me a message you are welcone, I cannot recommend thim highly enough. Been atending for six years, entering the 7th and another possible diagnosis could be on its way, my thoughts with you and any help I can offer I gladly will. ATVB.................C7

Nom,

Yes I am aware of him, will take alook. Thamks.

Fair dos. Ruck I think also we had a good debate over the weekend on important issues cordially, open and honest opinions. Can you acknowledge that again ore and more these good threads seem to end witj personal rows with Inanaco, which I find a shame and only serves to putmany off joining in. Can you confirm you understand that and will do all in your power to avoid further such situations as they are cropping up just about every day again??

So at 15.44 SCAP moved off the bid, leaving just WINS on 5p.

Ruck, you made this comment................ ""For example why do people frequently and optimistically talk about “deals” (that never materialise) but are reluctant to talk about fund raising (that frequently do)?"" Do you really think after the BOD has said we are funded until Feb 2021 that from out of the blue a claim based on nothing suggests a raising in April 2020 is credible enough to focus our attention on?? Why would the BOD bring forward plans to raise some 8 months earlier than expected based on a weak shareprice but more than enought time to get momentum going with MOD1 trials ready to go?? That word momentum is a word I have seen CH used on three occasions now.

We spend a fair bit of time discussing what we need to attract new PIS and what it would take to see some more buying from existing LTH, well been speaking to a few LTH this weekend who have at least doubled their holdings to the 1.5/2.5m mark this past year. BB sentiment might be low but confidence certainly isn"t. GN All.

Sells 148k

Don"t forget Wednesday 529k Volume, all of which were buys, a 250k buy, and yes since CFEP came of the bid last Monday large sells i.e.100k+ has ceased. Long may that continue.

Good night guys, Finding the Election a bit stressful, and the UCLH runs incresing, so looking forward to Xmas like never before as I am sure a few of you guys are too as well.

Hi Rats, I have no issues with Knowlesi, he has been pretty consistent saved for a few timelines in his beliefs, we just all need to be as accurate as possible when using figures to back up our claims.

Mystified more by nomblugu for raising his points now, which I feel are baseless for now, and in any case if funding needs change dramatically becase trials are above schedule it will be hardly negative to provide funding accordingly and lets remember funding is necessary to accelerate plans which will also seen positively by the market.

Knowlesi on the 16th Nov I posted this is to buys/sells over thre previous two wee k period...............

CHELSEA7 Premium Member

Posted in: SCLP

Posts: 38,354

Price: 5.05

No Opinion

RE: Knowlesi16 Nov 2019 17:01
Afternoon Ruck, not really about agreeing with Knowlesi, I didn"t disagree with him, jut said.........""well if they couldn"t do something about it, why continue in such a way,"" Seems rather daft to continue if they have missed the boat??

Those trade figures I posted yesterday for the last two weeks...............

Last Two Weeks Trades/ Volume 2511Fri 20:14
Buys 1654k

Sells 987k

Incidentally the 2 black trades totalling 225k around 5.20/5,25 i have included as sells in those figures.

So your comment..............I see an awful lot of selling and not much buying interest

Is simply not true. Check it out if you want

""Those who are "looking to buy cheap" must have been asleep for 6 years....I see an awful lot of selling and not much buying interest""

Simply not true last three weeks volume, volume 4000k, buys 2619

Feel the same!

Ivy, you posted this.......................

C7 this is a link from a couple of years ago but may be of interest.

https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=4&ved=2ahUKEwj97fu574DmAhUTrHEKHb78B2cQFjADegQIBBAB&url=https%3A%2F%2Fwww.share-talk.com%2Faim-for-success-part-1-a-blog-by-aim_chaos%2F&usg=AOvVaw0kJgs6hnK1HaKQVnjr67bT

Yeah a good read, thanks.