Member Info for chester18

Both sells as the buy price at 11.23 am was 7.67 / 7.69p

Chester.

I was just looking back at the MCap and share price before the November RNS. At circa 7p a share it seemed then to be a cheap price for the products, the signed contracts, the clinical demand plus all the approvals and international patents.

With these two US loans, we have an extra 3 months revenues to add to the pot and added some welcome time to decide which finance agreement is best going forward.

In my humble opinion the risk to TRX has been greatly reduced.

I still see this price range of .8p to 1.1p as an opportunity to buy and will buy more as and when I have the funds.

Chester.

The original guess at the size of the mineralisation (10,000 ounces) and a fair price of $200 per ounce gave a solid base of 13.4p per share. Since then we have seen huge step outs and had amazing grades reported.

Havieron is now probably over 15 million ounces and the solid base level of probably 20p plus, for our 30%.

Anything above that is purely hype.

Chester.

I'll echo that "what a fantastic start to the day".

Even more positive that the finances will be sorted. Loads of time to get the right deal......

Chester.

Playing to the weak minded and pulling at the need not to lose potential profit.
Seems the comments are made to push sentiment in a particular direction of travel. When the truth is in a diametrically opposite direction.

The scientifically termed "Pump-patic Dump-pidic" its Latin for turning a quid or two ..........lol

Chester.

I have not formed a particular view on wearing masks in public.
There are as many positives as negatives. I think the quality of the mask is the main criteria, does it do its job and can you keep your hands off the potential hazardous areas once you get home or indoors.
It's been said that the surgical mask type are just above useless but may stop someone who is infected from coughing to any distance. But those people should be home anyway.

If a vaccine is not found and implemented for another 12 months then many many more people will contract the virus, how you stop it completely without a vaccine is unknown. The truth is we cannot stay in lockdown for that whole time because :
A) That would cause vast health and wellbeing problems along with long term mental health issues.
B) We would emerge to a broken society and non-functioning economy.

This all has to be accounted for once this pandemic has been dealt with.

Chester.

Violindog

My post to TF is solely aimed at discussing the present cabinet and not anything to do wity 'self interested NHS management'.
I've just read Adam Kay's book 'This is going to Hurt' and I couldn't believe how improper the life of a junior doctor is manipulated by the management. That was back in 2004 to 2010.

Government after government has not funded the NHS properly and just interfered making the situation worse.
We need to be taxed correctly and there needs to be an understanding from all of us just how much the system we all what costs to do properly.

You and all the NSH family are first in our minds every day. So thank you.

Chester.

Morning TF

In my post I didn't say that you were using hindsight, I pointed out 'what would your decision been at any given point, without the benefit of hindsight'.
What mistakes would you have made.

It's very simple for me, as a society we get the leaders we deserve, the newspapers hound every politician to the point where only certain types of people take on the role. We question every decision from every angle until there is never a positive or correct decision by anyone in power.

The people in charge made their decisions, that's what they are elected to do.
As long as you believe that they are not deliberately trying to kill people then you have to be more understanding when their intentions don't match the outcomes.
I am not a fan of slinging mud from the sidelines when the mud thats being slung is just made up of what has been written by the press.
Always read between the lines and take a balanced view, especially in times like now where fake news is used as a tool to undermine any opposing views.

We all need to step up and do our bit even if that is keeping out of harms way as best we can.

Chester.

Hi Paddy

I found the calculations table you did
and it did cover 6 grams per tonne plus adjusted copper content for the original footprint, Gives approx 18.5m ounces.

So the excitement on site must mean that the footprint is at least double the
size and the grades must be inconsistently high.

We all thought 20m ounces would be the 'Mount Olympus' find but it maybe that the ore body is now very capable of being 25 to 30m ounces.

Can't wait for the Quarterly Report on the 29th, we will all be hanging on each word SB uses when he talks about the current developments on site and the way he describes the future potential of Havieron.

7th stella core results in a row.....coming up.......

Chester.

Hi Paddy

You did some calcs once on the influence of average grams per tonne.
Did it include 6 grams?

Chester.

What if it's the high grade zones that has got them all excited on site.
We keep doing calls on 1 or 2 grams per tonne what if its nearer 5 or 6 grams as an average. Where would that put the figureson the original footprint?

Chester

Hi Volvic

The quarterly report at the end of this month reports on activity upto and including 31st March and at that time there were only 8 rigs that we new of.

The only evidence at the moment that there are 10 on site comes from the Sentinal 1 nightime images.

I far as I know, I don't think we have had any official confirmation that the other two rigs have arrived on site.

Chester.

May I ask what errors?

When deciding what to do at any given point there maybe a range of options.
You cannot know every single outcome so you chose the option based on best advice.
Those are not errors but informed actions. If you had been in charge what would you have done. When hindsight cannot be a factor....?

What our country needs is to reinvest in our own manufacturing and we need to pay UK prices for products made in the UK. Many of our shortcomings in this pandemic stem from buying cheap and not be able to call on our own resources. This is a massive wake up call.....

Chester.

Interesting Question :

At the last quarterly report (end Jan) we were told that a further 20,000 to 30,000mtrs of core drilling would happen over the next two quarters.
At that time of the report (included cores upto 31st December) there were only 6 rigs operating.

The cores announced that day were :
"Final assay results for HAD023, HAD025, HAD026, HAD028, HAD031, HAD032, HAD034 and HAD036 have been received and are announced today".

So upto the 31st March how many cores do we expect to be presented in the next quarterly (11.00pm 29th April in UK) ? HAD37 upto HAD ?

Also, how many of those 30,000 mtrs would we expect to have been completed with 8 rigs on site ?

Chester.

Hi Ray
Thank you for your reply.

We do need some insights as to what will happen post August / September when the cash in hand begins to dwindle.
Normally we have presentations happening and at each one you can glean a little bit of what's happening and clues to the direction of travel.

My main concern is that without an AvidiMab deal bringing in some much needed funding are we now left with another placement at 4 or 5p.

Our mantra here is that the science that Scancell have developed will be 'game changing' but now it might not happen for another 2 years.

Such a dam shame for us LTH's but mainly for the potential patients it can help.

My frustration is that we felt this way two years ago and got blocked by the FDA. If they had past the TriGrid device we would be in a much different place Scancell.

Chester.

Seriously though, is AvidiMab our one and only route to earned cash.

It's a very important point, I would have expected a more thoughtful debate.

Chester.

Hi Jambo

I said it's a free credit line because as long as you close out prior to the deadline you can virtually buy and sell without parting with a penny. You obviously have to have the assets to cover or cash sat in your account.
You can't just rock up and buy shares without an account or proven ability to settle. A trader could buy today sell out next week and buy again before the 29th.

Chester.

So my thought process that Traders will start to use T10 notes by today pushing us over the 6p line has worked out, but what will next week bring ? ?

I can see a lot of 10%ers bailing well before the announcement late on the 29th. So what happens then, when the drill core grades have that extra 'wow factor' and SB says that we are definitely on our way past 20m ounces and that they have stepped out another 600 mtrs trying to find a spot for the decline and now defo open to the SW, NW, North, East and at Depth.

This next week is going to be a rollercoaster ride anywhere from 5.5p on any crazy dips upto 10p if the buying gets even more crazy.

Considering all the doom and gloom we are all facing GGP is a sanctuary of excitement with that added extra of even more excitement.

Chester.

Sandhopper, great idea just tried it.

Emptied two 10lb potato bags and got them about half way up, 45 degrees, for 30 seconds.
So will keep going at it over the week.

Q : Does it matter if one bag is King Eddies and one Lincoln's ....... ??

Chester.

Serious question :

Are we stuck now with only a possible deal on AvidiMab to finance the company past August / September?

Chester.