Member Info for CrustyPete

They would have to notify the market if they received an offer, even a low ball one - it would be price sensitive; their own share position is an irrelevance. Sorry douve, on the move, have to go. Back tomorrow.

Piddling maybe EE but mazingly we are now ranked (changes by the minute) 65 on the list of AIM companies by Market Cap and only three above us have zero revenue!!

But agreed £2m minimum and with a lot more head room even then.

Over 7 million shares traded so far today - a big day for SCLP, not too many days with higher volumes in recent history.

Have to dash. Until tomorrow. GLA

Sorry, meant UK/European platform "trials"....

I fully take your point on the speed of delivery of our platforms; scale and capital would, at least, should speed up the process but it is a moot point as to whether a sale or, perhaps, a partnership would achieve that best. Certainly now, with now large scale trials taking place in the US, domestic funding and or a partnership would help and that might throw off could some capital over the fence for the UK/Euro platforms - though it would help if we had fast-track status and approvals here too, methinks. Although,, and as was mentioned earlier, a GT deal might do that to a large extent.

It is also a moot point as to whether any of our platforms, outside of SCIB are sufficiently well advanced to monetise for significant sums? And in the theme of optimising shareholder value, it would be a shame to sell the off prematurely.

But yes, I do expect a "deal" of some description and I am intrigued to see what form that deal will take. Fingers crossed

The MM's are current;y bidding 24.50p in all sizes up to 300,000, 24.0769p for 500,000 but no price for 700,000+. And those Bids are for "round numbers" and "odds and ends" too.

Volumes have picked up again after something of a lull over "lunchtime". And most on the buy side :0)

Douve, as EE reminded us earlier even as long ago as November (AGM) the BoD notified us that they were in discussion with 30+ entities with a view to JV's, partnership and funding of various descriptions, so until and unless any of those progress to the point of formal offer/terms I would not expect to see anything. Talk is cheap and without "terms" would offer nothing material to the market, whilst fuelling speculation and conjecture.

Speaking of a GT deal, and other than a "deal" in the offing, what possible reason could there yet be for us still not having heard about further "milestone" payments?

TF, I fully appreciate your sentiment but realistically, Scancell have managed to develop each of their three mainstream platforms quite capably to date. The move to a large scale iSCIB1+ phase 3 trial in the US will be a challenge and will need resourcing but until such time as they get to "production", particularly at scale, which would be stepping into a very new province for them, I think they have proven that they are more than capable of ploughing their own furrow.

I fully understand the preference for a partnership, sale or part sale or one or more of the platforms but, personally, I want the outcome that optimises Shareholder value and, with the development of all platforms now going well and looking very positive, I can why see the deferment of a sale might bring about that optimisation. Even if that means further dilution from a raise on AIM or Nasdaq, that could be in our longer term interests.

FWIW I fully expect to see funding for iSCIB1+ coming from a sale or partnership but would not be dismayed by an alternative that pushed a sale out beyond the completion of the trials - success would surely prove to be very lucrative.

But yes the next Broker note should be very interesting.

But what proportion of the 32p price target is attributable solely to the iSCIB1+ Phase 3 trial? Quite a lot, of course, but presumably the 50% increase in the COS for Phase 3 and the resultant increase in the 32p price target will only relate to the iSCIB1+proportion?

Ha! No great surprise but the Offer has just ticked up - spread now back to "normal".... When will that Bid do the same?

Spread now tiny. Being bid 21.9125 for 100,000 and 21.965p for 50,000. But only 21.675p for 200,000

@pjmcgra "do I see a problem with that"? With what? Finding a Farm-Out partner? Do I think that is possible? Yes but it ain't done yet and so, to your original assertion, Songwe is not the JV partner..... it is the vehicle.

"Songwe Helium Ltd" That is. Is that what you were talking about?

"It's been 3 months in negotiating a joint venture partner , we now know is SONGWE ."? pjmcgra what do you mean by that? SONGWE is, surely, simply the Tanzanian vehicle set up by He1 to hold the license rights, facilitate the JV with Tanzanian Authorities and any future Farm-Out partner(s).

Doh! Bidding 21.71p for up to 100,000. Apologies.

Indeed rich and MM's currently bidding (for the pompous pedants) 21.55p for stock, albeit for only up to 100,000 currently.

Nor do I believe them douve and certainly not unless they are "UT"'s....

Well the timing would be about right - one every two months - and the sp movement seems to support the idea. Though to be honest the trade volumes over recent days / week has been fairly insignificant. But yes I have been expecting to see another raise in the continued absence of material news; it is/ was only a question of when and not if. Hence my recent sale of 60% of my holding - in part to provide additional liquidity for another dilution.

Lol! PPA GOAT.