Member Info for CrustyPete

Besides which Rojo since when has your judgement inspired any confidence; the man who's portfolio is 98% large cap, blue chip entities but who spends all of his time and emotional energy posting about the one dismal failure in the portfolio - AEX. Hardly an expert in small caps yourself Rojo then eh?

No Rojo neither hope nor expectation but a realisation and acceptance of an attractive risk to reward ratio... oh and being in for a free ride helps.

Actually Odysseus only SOME people were saying by end of Q4 2024 - others, then the so-called negative, pedantic and ill-informed, were suggesting that nothing was likely to happen in December and that we might well have to wait until January. I hope and expect that we will hear more before the month is out.

Doh, 700 million of course!

24th January 2024 - 0.195p

7th January 2025 (less than 1 year later) - 0.92p

What a fantastic share.

And yet down on the day and after the early morning GBP dividend too. Disappointing. Maybe the market have taken a lead from the GBP delays and are extrapolating for TRP?

As I said earlier the sooner they close this out the better; continued delay will simply add to negative speculation

There is no suggestion that they ought to be managing expectations of frustrated shareholders EE, simply that they should not be holding onto price sensitive trial information so as to conveniently package it all up in one announcement. If the had info on Modi, for example, they are honour bound to release it. The fact that they haven't more likely suggests that they have nothing meaningful to say rather than that "intriguingly" they are packaging it all up for some slam dunk announcement.

"constant drip selling"?!

Bloody hell, less that £5k traded all feckin' day..... absolutely and totally trivial.

"no news I guess is good news"

No news is never good news for the share price I am sorry to have to say.... and not just for Scancell but for all AIM shares.

"Intriguingly-quiet so far this year"

Intriguingly or worryingly EE? Yes we are expecting news on the Modi1 but not, as was anticipated in 2024, unfortunately. If we have to wait yet longer for news on the SCOPE trial and GenMab antibody I would rather they announced separately and this month is vital in my view; goodness only knows what the sp will be if we have radio silence until February.... many, including me are already wondering why on earth we bought into that recent raise at 10.50p? We will be averaging down on that price if we have to wait much longer for trial news.

FWIW worth FUBAR, I think there are very few long term investors that would be surprised if there wasn't further dilution in the future, however most will believe, as I do, that it will be second only to JV and debt funding and will be minimised and deferred until a time when, with all other building blocks in place, can be executed at a far higher SP and MC. No-one will be worrying about it as it will be both accretive and easily "swallowed".

I couldn't agree more Dickbat and at the same time provides He1 additional sources of funding and investment in the US where access to such funds is a lot easier than it is in the UK.

So sorry if I have misunderstood you but, in short, you believe that the ML approval will create a 100+% sp increase? Mmmm, but if so, and if it hasn't already been "priced-in" why would the share price drop when not approved? No, the market assumption currently is that the ML will be approved and hence any rise on that approval will be muted in my view. What the market wants to see is the prospective P&L and ROCE of the Rukwa development, and the funding plans for it - without these the ML in itself achieves nothing.

Galactica is very good news but again is only likely to provide incremental sp rises as all income in the short to medium term is committed to reinvestment in the project and which itself has a longer term and incremental game plan. However the transition form pure "explorer" to "producer" will be an important milestone for He1 and will open up He1 to the US and start to bring in Institutional Investors, which in itself could be significant for He1 and shareholders. That said Galactica is small potatoes compared to the potential for Rukwa so will not, in itself, be transformative, in my view.

I know that you addressed that problem to BSR, over the limit but, fwiw, I do NOT believe that at all. However I do think that today's news from GBP ought to be a warning about the potential for delays on any farm-out arrangement. These things rarely run according to plan. How long can we wait for a improved offer to crystalise? Will we end up going back to the original offer?

I would love to see this concluded asap - any further delay can only be a negative in my view.

Just out of interest KAM what piece of news that we could possibly anticipate with the next RNS is likely, in your view, to provide us with a 100%+ sp increase? Indeed what do you anticipate being that next piece of RNS news?

Personally, I expect that to be news of the initiation of the Galactica drill programme but have absolutely no expectation of it producing a 100% sp increase.... indeed I am struggling to think of any single piece of news that is likely to achieve that on it's own, with the possible exception of the Feasibility Study and I think that will only follow several other intermediate news items.

I think it far more likely that we will see a series of incremental sp increases with successive news items over coming months.

However unless TRP equity forms part of any Farm-Out arrangement (a possibility if the Farm-Out partner wants a stake and TRP needs capital) I would suggest taht any Consolidation would follow a Fram-Out not preceed it.

Did "Stocktrooper" explain their rationale?

If anything a consolidation would be positive at best and neutral at worst. Positive because more people, including institutions, would be likely to look at it if the sp was in the pennies rather than fractions of pennies and a consolidation would likely reduce the effective spread.

Some existing holders taking advantage of this mornings GBP "dividend" with some profit taking / top slicing methinks..... once they have disappeared I hope the upward momentum will return and build.

Similar on II - moreover I have just been offered 0.9165p for 5 million.

That said, we could do with news otherwise this sp will simply drift at the lower end of its range until we do. Unless the MM's decide to spice things up a bit with a shake....

It is the Elon Musk / Donald Trump strategy; self - interested misinformation - throw enough fake news at the wall in the full knowledge that some poor mugs will actually believe it....