Member Info for chester18

DRB83 I agree with most of your positivity but on the subject of when the Iron Ore JV or Deal could happen, I disagree that it “could happen anytime”.

My reasons are several, firstly Bruce saying judge me in 12 months, I think was broadly aimed at Hanc0ck. The 50% performance deal with Winfield must be causing problems in negotiations because Iron Ore at $100 dollars may not leave enough meat on the bone if you have to contractually give your bit of profit away to someone else.

I don’t think all the native title issues have been completed according to what I have learnt from posts on this board and finally, by combining Vivash and Brockman ( if they are solid high grade Iron deposits ) with Hanc0ck actually creates a much more attractive proposition for the majors solely based on economics.

I think if he could be totally honest Bruce would say that circumstances in the past have prevented Hanc0ck from being packaged in such a way that UFO could make a decent return. Iron Ore prices, Road Access, Native Title or even the volume of Iron Ore in Hanc0ck not being exactly what the other parties considered practical.

I don’t know for sure but most of those things could change in the next year.

Finger crossed 🤞

Ray

We’re all just busy getting on with stuff because we know something is brewing at Scancell.

There are many positives to be resolved and Phil had a very smiley demeanour in that Lumanity debate.

So we’re all ‘chillin’

and hopefully very soon

we’ll all be ‘grinin’.

See what I did there - proper rapped it up…….😎

I don’t think today’s announcement has anything to do with a fund raising. UFO has enough cash in the bank to cover their stated aims for 2026.

However I do think Smiller is correct in his assessment of letting the 50% performance payment lapse.

Hanc0ck, Vivash and Brockman rolled into one JV or Sale is on the cards but not in 2026.

Update from GRE on Munni Munni anytime in the next 2/3 weeks.

This is why Bruce Garlick said 'give me 12 months' same as EH he will systematically prove up the Iron Ore portfolio and move it on in one piece.

Munni Munni and Elizabeth Hills will develop during 2026 but the big prize will be the Iron Ore in 12 months time.

Just my opinion based on what he said when he arrived at Alien Metals.

Having just had the opportunity to sit and listen to the whole debate I would agree that our CEO was not there to big up or disclose exactly where Scancell are at the moment.

I think if it were 6 or 13 months ago and Phil was still unsure where the iSCIB1+ or Modi1 data was heading he may well have been more forthright in his statements.

I hope others watching and listening pick up on the fact that Phil was assuredly concise in his words and posturing.

Gives me even more confidence that the SCOPE trial has created enough positive data in late stage unresectable melanoma that there will be a partnership taking it forward. Plus any mention by Phil of ModiTope was ‘convincingly confident’ of both the modality and effectiveness of that discovery, ( Post Transitional Modification ).

Let’s hope it was a case of the commitment to take part was already in place but with what is happening in the background causing him to be careful about what he said.

The alternative is not worth contemplating.

Unfortunately WCE investors are not impressed at the opening ??

West Coast Silvers price will influence UFO not the silver price.

If WCE doesn’t move UFO will not move.

So how impressed are the investors on the ASX, that the important question ?

Ibm

The AirCore drilling has achieved exactly what Bruce Garlick intended it to do.

It proves there is silver close to ground level which could lead to an open pit and a quick route to revenue. It also suggests that the EH mine footprint can be extended to the North and the South.

AirCore drilling has been used here to point the way forward and give confidence to design a new drilling campaign for deeper investigation.

Also confirms there are other metals and minerals in the area.

All part of the development process.

SC134 looks so strong as a candidate for clinical trials. When we finally find out which path the board have chosen to finance the SCOPE Ph3, the fate of SC134 will probably be wrapped up in the details.

It will either feature as the asset that brought in the cash or the reason we gave away a high percentage of iSCiB1+ potential future revenue.

Lindy has spoken about the huge potential for patients with Small Cell Lung Cancer and the laser like precision of SC134. Powerful and extremely precise.

When all the horse trading is finalised I don’t think we should be surprised if the numbers eventually disclosed run into the hundreds of £millions.

Scancell’s patented technologies and its technical expertise in understanding how the immune system functions are perfectly aligned to the needs of the global sized pharma / biotech industry.

If iSCIB1+ is the opening gambit then Modi1 and SC134 may well be the headline acts.

Great information thank you Berm and Marcus.

Question : Taking into account all said about 2026 M&A activity increasing and the rise in popularity of Immune Oncology.

What percentage would you put on the likelihood of Scancell matching up to Large Pharma shopping list ?

Really interesting insight into the workings of the silver market and what could happen if out of the current March contracts more than 88million ounces are actually required to be delivered. The March contracts total stands at over 200millon ounces but it’s normal for that to sharply decline as we near this coming Thursday. The whole market has many moving parts but at this moment in time there is a very good chance that the COMEX will have to provide delivery of 125million ounces. If that actually happens there will be a spike in the silver price as the ‘naked shorts’ will have to buy back there contracts at whatever price the market says ……..

Sounds like there’s not enough silver being mined to me ……..

I’m sure the Scancell team will be in constant contact with both regulators, hopefully not shooting their way in though…… 🫣

I also think we can be quietly confident that both MHRA and EMA will approve our trial submissions. Any discussions we are having will not be held up because the approvals will be expected by all concerned.

My money is firmly on BMS taking a prominent position to support the phase3. It would be very interesting if Merck also made a bid because it would help increase the value of our shares. ‘Which would be nice’….

Morning C11

Considering the speed of the FDA approval I expected either MHRA or EMA by the 1st week of March.

I’ll be very surprised if we don’t hear something by early April as the standards required must be very similar to what we submitted to the FDA.

There will be a tipping point where Institutional Investors start taking a position but that point will only happen once the path to the phase 3 is defined and financed.

Bermudashorts did point out that Scancell just needs sufficient funds to start the trial and set up the early clinical centres. As the size of the patient population increases more finance will be required.

So in reality we can borrow the capital, we can sell an asset, we can license out some more GlyMabs, we can fund raise enough to get started or sign a deal with a partner.

Our board will be discussing all avenues trying to figure out which is best for the whole company especially with Modi1 building up data, Modi2 in the wings and even more assets sat waiting for phase 1 starts ie: SC134.

I think it’s going to be the Insto’s or Big Pharma who will provide the catalyst to move the SP massively in one day.

I my opinion ……

Pictures being shown of native silver chunks picked up recently from the surface of the Elizabeth Hills mine, a new Technical Director appointed and AirCore drill results arriving either this week or next.

Why add a Technical Director if the anticipated lab results are showing the absence of silver at values needed to progress the mine.

So what happens to UFO if the silver lode is shown to be distributed in multiple pods and spread out away from the existing mine footprint ?

I would suggest that the stock price of West Coast Silver will increase rapidly. UFO’s holding will increase rapidly in step with WCE.

So all this ‘looking back in anger’ will become pointless. The current situation with both EH and Munni Munni means that UFO will rise in value as those results land.

GLA

Wild

You have good options and they ring true with many readers of this board. What would be nice is that there are CEO’s of large pharmaceutical companies co’s that also agree with us lot.

We’re obviously very bias.

Each day is a sunrise closer to finding out ….. 🤞🤞

Ray ,

Nice Hat 🎩

That was 0.25 %. Not 25% —— I wish 😉

If we just compare Scancell 2016 with Scancell 2026 it’s chalk and cheese.

The share price may not have risen as we would have liked but the potential certainly has. I think I had a 1/4 percent of the stock back in 2016 and I wish I had that volume today 🤣🤣