Member Info for CrustyPete

Furthermore as Selan is now the operator of the license we are totally dependent on them for any news updates; if anything were available that was price sensitive Roland has an obligation to issue that to market.

World of difference indeed but I am comforted by the knowledge that if they were adopting software algorithms into their processes as long ago as 2019 I can be confident that they are cognisant of the increased benefits of doing the same with AI.... It also needs saying that AI is not a universal panacea, it makes significant errors, so whilst it may well be able to crunch huge amounts of data very efficiently its conclusions are far from reliable and SCLP's platform will not be made redundant by AI at any point in the near future and the process of trials will never be "bettered".

Oh and Chelsea, regarding your statement on recruitment position of the SCIB Cohorts? I would agree whole heartedly, certainly right at the top of the priority list.

Damn

Just popped in to check on c ock screw colon 😩

Unfortunately the pathetic loser has turned up. I had hoped for his and everyone's else's sake that maybe he had found himself a friend.

Well if that is the case Zoffy, the BoD deserves congratulating, they are evidently planning many months in advance....

I doubt that £73,000 of shares will have caused the recent fall...... so where are the rest coming from? Recent placing? Forward selling?

And why oh why would you "love to see that" FUBAR? What perverse pleasure would that provide you?

Oh and I forgot to mention - I don't feel confident of any significant short to medium term improvement.

I think the current fly in the ointment is Medway CCS, the infinite cash pit. WE need news of a new Farm-In partner or suspension of any ongoing work programme otherwise we are at risk of any upside from the workovers and additional revenue from Cambay being eaten alive. No-one can see the current cash flow "equation" and without that no-one in their right mind would be investing here now.

It's been my worst ever investment, nothing has lost me so much, so quickly.....

But McNol, when do you stop that process? If they were to update it today but then find they have to wait another month for the ML approval they will then have to do it a again - it is a ever changing target. Galactica timescales remains "fixed" but anything and everything on Rukwa is a moving feast, methinks.

Though an update would be useful and I don't think we will have to wait long.

And yes Chester I do largely agree with you on the state of the market and Calculus, I certainly hope you are right and the sooner the better. That said I do not think the 9th Jan trial data in and of itself will play significantly, if at all, in to that equation. It is further proof that the "platform" is fit for purpose, so in that regard you make a good point.

I am talking specifically about the Modi trials not the remainder of the various trial results but anyway Chelsea you win, I give up. Yes they were fantastically significant, after all it is difficult to argue with someone who's logic dictates that, when discussing recent newsflow, one ought to take into account RNS's that have yet even to be delivered.

Night byes.

Well they had zero significance or importance for the sp Chelsea whatever you believe. Why because anyone looking at them would need to see them corroborated by subsequent data sets; until they have been substantiated by a full trial programme they will remain insignificant. They are circa two years away from being meaningful.

Bobbins? Take a look in the mirror....

But Blubay, when does "reality" get in the way of a good melodrama?

But the trade volumes are so pitiful as to be meaningless. Total trade volumes of less than £2500 by value... even if they had all been sells, dropping the bid by 10% would have saved / earned the MM's about £250! And then only if he can sell them on.

If you say so Chelsea. I still maintain that the trail results were of little consequence because of the small sample size. But hey each to their own....

And we still await the meaningful news....

Our posts "crossed" rw - but yes I would agree with you 100%

Yes, they were very positive as far as they went but for such a small sample size and so far from completion, of little significance. Reason for optimism but hardly conclusive.

The trial results issued on the 9th were of little consequence as they were for such a small sample size and only for a subset of what we had been led to expect - where are the rest of the trial results?

Oh and "what about the interim results" LOL as you stated yourself they haven't arrived yet! Until they do we will remain without news....

I think it is very simple John. "Progress" is what we need. Most importantly news of the Pipeline initiation and secondly boots on the ground for the NT2 "re-working". Only these will provide evidence to the very many sceptics who believe that this looks like "groundhog day" for AEX - and how many times have we said similar things over the years? It looks very familiar eh?

Once we see these the CH1 drill will follow but the pipeline initiation is the all important catalyst for further development. Without that ARA have little to no reason to start their own work programme; they will not want to prep NT2 for production until they know they have an outlet for the gas and any thoughts of drilling CH1 are just a "pipedream" 🤭.

"on the next positive rns"

But when will that be? End of 2024 was the suggestion and here we are towards the end of January and nothing.