Member Info for chester18

I'm just wondering how long it's been since anyone on this board actually discussed, SCIB1 or Moditope ?

I used to enjoy the scientific revelations that inspired me to invests in Scancell.....

Just my self isolating musings .

Chester.

With four weeks left I'm inclined to accept any avenue that leads to Tissue Regenix staying in business. I was invested before they bought CellRight and the business was suffering growing pains but the deficits weren't to great.
The board with the backing of Woodford decided to go for the big time by buying CellRight, having a base in the US and getting to breakeven in 2020. Well the numbers just didn't stack up because they needed more cash to build the infrastructure to accelerate the output. So it would be a pity if the CellRight part had to be sold but so be it if it keeps the core going.

How I long, nay yearn, for an RNS saying "Funding Resolved"

Chester.

These types of collaborations can take years to investigate and prove up to a potential candidate for trials, they are worth nothing until then.
Rene signed a similar one to this in January 2019 and we haven't heard anything since. It could be that in the next two months or so we find out it has worked and a deal in the offing.

What is positive is that there are parties out there that see the commercial potential of exsomes as a very effective nanoparticle delivery vehicle.

Rene is definitely going to be once to watch for the future and one to invest in early because once they do cross the 'Rubicon' the price will very quickly be multiples of today. It's already had a surge to £3.30 on the early results of their RP stem cells.

Chester.

Hi SB,

Lots of speculation on here as to Newcrests intentions once the update is done end if the month.
What's your take on the question of NC offering to buy the whole of Havieron or do you think they would want to take over GGP?

Be interesting to hear your views.

Chester.

Just a comment on yesterday's RNS.

The whole of the Biotech industry is built on Non Disclosure Collaborations.
They all want to keep other industry competitors in the dark.

This is nothing other than a normal agreement where the potential client / customer agrees to try the technology in their own labs and promises by agreeing and signing the NDA to keep what they learn to themselves.

These types of collaborations are common place.

Chester.

Scancell are the experts in 'Binding' so any Pharma or Bio company using Mabs can use AvidMab as a gear change in potency, for any medical purpose.
Which would include CV-19 research, it's a possibily and that's all it is.

Scancells expertise and proprietary technology is not solely bound by the realms or cancer treatment.

Chester.

We do seem to be a period of radio silence from Scancell.

Could it be that one of our collaboration partners are currently investigating CV-19 with an antibody boosted by Avidimab... that would be welcome news.

From what we know there shouldn't be any detrimental reason why SCLP cannot give a CV -19 update.

Chester.

" Ace Cards"

In my opinion GH will not let Havieron go for less than $1B. We don't even know how big the find is so the deal would have to be agreed on the upside.

Who is holding the race cards?
Defo it's not Newcrest....

Chester.

Why do people think it will take Newcrest 2 to 3 years to build a decline and actually mine Havieron.
The speed they are attacking this development is way faster than normal to get the project fixed and the deal done.
At that point they're not going to put their feet up it will be double time straight underground.
Once they reach 70% ownership documents and licences approved it be no more than 18 months, because Telfer needs the feed stock.

GGP should hold the 25% and go mining!!

Chester.

Hi Sinden

Could you say how much was bought at 0.83 not everyone has L2 so we will have to wait 15mins to catch up with you.

Many thanks.

Definitely some forces at work that we are not seeing in these few smallish trades. If someone is looking to take a position buying up shares will take a long time and affect the price considerably.
My instinct tells me that it's either 'finances sorted' or one large investor coming on board.

Let's just hope that's what it is and this flourish does not wither away like my tolerance for looking at four walls....

Chester.

If there was a din on the radio you would just turn it off.
Well that is what the Filter is for, "Just it off".

There is no need to read anything you find rude, intrusive or stupid.

Chester.

Great post Ruckrover

Says it all...

Chester.

I posted this earlier in the week but with what CB has said about further stepouts on todays Sat Image I thought it was even more relevant.......

"In our conversations over the weekend I took an average of all the predictions flying around.
The upshot was as follows :

We definitely already have a minimum resource of circa 10m ounces, probably more.
The average price paid for High Grade gold in the ground is approx $250.
So, 10m x 250 = $2.5b 30% of which is $750m.
Divide that by 4206m total shares = $0.178 ÷ by dollar / pound rate 1.24 = finally 14.4p per share.
That is the absolute minimum bedrock value based on all the facts we know to date.

For Numis to publish their updated notes after the 30th April they had better put new batteries in their calculator......."

Chester.

Depends on the level and terms of any agreed financial package.
What we know is that turnover was reaching £18-£20m and cost were very roughly £9m pa prior to Nov 2019.
At that time the estimated point of breakeven was between £26-29m turnover.

Due to all the disruptions since November last year the company has reduced current operating costs but when it can start planning for future expansion the costs will have to rise.
Breakeven may now happen at £24m turnover.
If we have a partial placing that could affect the base price per share. So those are some of the knows and unknowns.

On the announcement of a comprehensive financial deal my take would be 2.2p to 2.5p within a matter of days.

Hope that hasn't muddied the waters too much...

Chester.

Hi Paddy

It also tells us something about what has already been found regarding the HGZ and the rough calculation of MRE ounces if they can pull one rig to do this Decline investigation at this very early stage.

I hope I've explained my thinking clear enough.

Chester.

Maybe the MRE will be 12,650 ounces.........now that would be Spooky........

Chester.

To many good sized buys for this to be guess work prior to bad news. Either the world has turned reckless or something is afoot Mr Watson......

Chester.

That's a good call Sandhopper.

It was Woodfords three pronged rush to pour money into TRX that gave them the opportunity to buy CellRight.

We also know that Woodford has been canvassing in China to create a new international investment fund.

So between Jesus Hernadez and Woodford we would be sorted...if only

Chester.