Member Info for colbaltblue

Thoth2, I'll be whatever fantasy you want if we get to 30p!

In defence of the Government, the most serious mistake Boris made was to trust the good sense of the British public. A sizeable minority of people in this Country are stupid, arrogant and selfish. I would admire a politician who would have the guts to say that.

Thanks Potnak. I hope our trial will produce a similar outcome.

Are we in this league in the fight against Covid with our trials using SDC-1801? Share price on SNG went from 6p to 250p this year. I'm sure there's a few holders of both on this forum. I'm aware that SNG only has 200 million shares in issue.

"Infamy, infamy. They've all got it infamy!"
I know how he felt!

Do you think IF or the others from the BOD took part in the placing? That would have sent a very strong signal to the market!

I don't think they did unless someone can correct me.

But the PI's weren't privy to the nod & wink were they?
Makes you wonder where IF acquired the placees and why he has absolutely no interest in rewarding shareholders who have paid his very generous salary for a number of years.
Yes, things are beginning to take shape but there's a long way to go. Maybe in 12 months time we can look forward to a profit.

So it's a nod and a wink to the chosen ones invited to take part! The PI is shafted as usual. Mind you, previous placees must rue the day they took part.

Hold on. How can anyone be given inside information legally?

Hope they've opened their S & S ISA's!

If the report strongly suggests that there are sufficient funds until profit and production is happening in China, then happy days. Investors need to see firm projections not cut & paste platitudes.

Complete and utter indifference I would say.

DP, should have gone to Specsavers. Have another look.

A massive fund raise and hopefully the last one but we won't know that unless an indication is given in January. Would have been nice to have been invited to contribute but that was not to be. Clearly delaying results until the last minute in the hope of a positive report from China as the accounts would probably take about an hour to compile so no other reason that I can think of. Perhaps Ford is considering a salary deferral scheme until the company makes a profit! (What was that? A flying pig!)
Maybe a new floor under the SP but 3/4p after 10/11 years is not exactly a success story is it! Neither is 2.3bn shares in issue.

From the finals:

..........................."We were pleased to sign a global licensing deal for our FLT3+Aurora inhibitor programme targeting blood cancers with a China-based specialty pharma company during the period. Progress is being made by the Licensee in line with its development plan. Further good progress would enable us to receive a success-dependent milestone payment by January 2021 from this agreement.".................

I think this will be the next news and could be worth £900k. A tidy sum to help with working capital but also a very important morale boost. Keep everything crossed!

"Turning to our licensed programmes; in March 2020 we announced a global licensing deal for our FLT3+Aurora kinase inhibitor targeting blood cancers with a China-based specialty pharmaceutical company. Sareum received an upfront payment and is eligible to receive an additional c.£0.90 million dependent on certain milestones being achieved by January 2021 and the Company will provide an update in this regard in due course. Sareum is also eligible to receive a further development-based milestone, and revenues upon the commercialisation of any products resulting from the agreement."

This was part of the AGM statement yesterday and this is likely to be the source of our next source of funds. The date given is January 2021 but does anyone interpret this bit ".....and the Company will provide an update in this regard in due course" as an indication that the outcome is known? It's almost as if they're thinking of a way to announce it. I also think it's unlikely that any disappointing news would be left until the last minute.
I'm possibly over-thinking this on a dark, windy and wet morning!

I sincerely hope sentiment isn't about to change on the basis of what is only a formality. No new info is ever given at these events as far as I'm aware.

No problem. It's just that sometimes politics can swamp a board!

I feel quite relaxed about this share as I have great faith in the people running the company. Also, I have an average of 23p and originally intended to leave at 50p but greed took over and I stayed. If I can get to 50p again, I will be gone as this is part of my "exit AIM" strategy. My golden nugget is Sareum and that will probably be my farewell to AIM share. I hope I've picked the right one but the house isn't on it! After 10/11 years of ups and downs in this casino, I think enough is enough! Too much hassle and the odds are staked against the PI.

Can't we keep politics off this board...............please?

"I fully agree with about the CEO. It will be total disaster to remove IF and bring somebody from outside to make a deal"
So what you're saying DP64, is that it would be a disaster to bring in someone who could make a deal?
A very bizarre conclusion as there are many that wish someone on the BOD was actually capable of making a decent deal as the track record to date is pathetic IMO. The SP and lack of activity seems to confirm that the market is of a similar view!