Member Info for CrustyPete

So we will all now get an opportunity to ask some very pertinent and pointed questions to Roland and the BoD in just a few weeks. And at a venue only 10 minutes walk from my offices.....

Who might be going?

Quite right McNol, same old hackneyed, vacuous drivel from the slacking slacker - he is now resorting to Copying and Pasting his own tripe.....

Come on Slacker you need to up your game man, I want to buy some cheaper shares before the ML approval!

Unfortunately no-one is listening to his pathetic attempts at scaremongering; they recognise them as the empty and facile threats they are.

Oh and Slacker the shares are currently worth £63million and NOT "worthless" and they will be worth even more once the positive inbound news that you refer to actually arrives..... and there is a lot of it to come.

What a waster....

AS you say EE, Funds such as Investec will need to grow or reduce their holdings in the underlying shares as Investors reduce or increase their individual fund holdings. Is this a reflection of Investec's opinions of Scancell or, more likely, the exodus of investors from Investec's / Calculus Capital products.

I note that Calculus Capital are specialists in EIS and VCT Funds so once any end investors have been invested for the requisite time to get tax relief they can withdraw their initial capital. It would be interesting to understand which Funds this 2% withdrawal applies to in order to understand how long the fund or funds have been established. Another thing to say is that EIS and VCT schemes have become increasingly peripheral as a consequence of their reputation as generally being underperforming - though that is not a comment that may apply to Calculus Capital schemes, they could be very good for all I know.

Slacker you ask "What will the discount on the next raise?" Well if you wait until April or after you might find out.... and by then the sp will be 2p plus.

Actually two Corporates in two different jurisdictions and relevant assets in the US - even more complex!

"Last chance"? Good grief, buyers have had all day to pick up stock and never cheaper than the during last 10 minutes 🤣

I am sure the BoD will want to concentrate on prep etc for the summit BUT at this stage of proceedings McNol they will only be talking about the "small print", the key terms will have been agreed in principal long ago. That "small print" will be in the hands of their legal eagles now with the BoD simply consulted when needed. Though that still may be a very protracted process as the deal involves Corporates in two different legal jurisdictions and, believe me US Corporate Law is very complex and markedly different from UK Law at even first principals level.

Ssccss - "attracting attention"?! Total trade value circa £9k..... and that includes the SELLS - That'll get the market moving eh? Come on Ssccss pull the other one 🤪

Thankfully much of today's drop has been reversed - a temporary hiccough only methinks.

Emptyend, me neither, quite odd actually.... Maybe to take the close of AGM proceedings beyond Friday's Market Close? Something to hide? To bury bad news? Or contrarily to give attendees and shareholders a heads up before a Monday 7:00 RNS?

And, no, I am not being serious. I only wish I could be there.

I would doubt it violindog, our shiny new CEO hasn't even started yet. Give him a month or two! 😉

You and me both voilindog.... both hoped and expected. Not sure why anyone would want to sell into any rise in Scancell unless they are simply selling all and sundry ahead of the Budget next week. No alternative logic that I can think of.

Yes Skippys, that makes sense and there is a very good chance that you are correct.

Thanks all, out now for the rest of the trading day. See you all tomorrow am.

Similar Skippys but not quite on the same page as you. Yours is a totally feasible outcome but I think they will await completion of funding negotiations before release, which may well not complete until sometime after ML approval. As one is likely to be contingent on the other before signing off on the final version of any agreement.

But littlered I am not sure if, or indeed if so, which of those categories a Feasibility Study would fall into? It could equally be argued that, without a mining licence or funding a Feasibility Study is just that, a "study"; until it is possible to implement it (ML license) and is executable (funded) it is not price sensitive as it is purely theoretical.

Understood and accepted.

I won't be expecting much, if anything, prior to ML approval unless it is US related.

But McNol, approval and public circulation are two different things. There may be a strong assumption about the first but no BoD commitment to the second. It may well have been considered not to be in the Company's interests to circulate that Feasibility Study with negotiations concerning Funding, JV's etc to follow. Yes of course those involved in conversations would need to see details of the assets and plans but to show the whole market your petticoat may not be considered a good idea. I have first hand experience of this and it certainly wasn't in that instance..

Before the ML approval H4H but alongside a Cap raise? No I am joking BUT, the problem with announcing the Feasibility study is that it will no doubt set the hares running about how it is going to be funded.....? So they need to release details of putative funding options, conversations, negotiations or, ideally, solutions with that Feasibility study or it could end up having a negative impact on the sp methinks.

Agreed dvh. As Roland says "Andrew's background is an ideal fit to Synergia Energy, and I look forward to working with Andrew through the Company's next phase of its development."

So as that background includes "instrumental in several acquisitions and placings for Getech" which of the two do you think it is most likely to be?! Acquisitions galore no doubt?!

No, not.... 😖

Well I hope you are right EGTP and I would agree that even if not yet totally cleared it cannot be far away.

Fingers crossed.