Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
DTW, don’t worry on that score. I was on another group (Eve sleep) and could see people’s mobile phone numbers. I assume ‘your’ group is set up differently but I won’t be testing.
Not insecure at all Donald. Just wouldn't want to be a member!
But I notice you don't answer Saints question as I guess you like the exclusives in life. As an experiment I just searched telegram and can't see a group – unless it's Avacta Baby (with 2 members!)
'I find it very odd and even embarrassing that if you are correct a few people on a group have direct access to openly validate if questions can be asked and then what they are.'
First Strangy post I up-ticked.
'Do you have a link to the group please ?' – a question that's I've seen asked before but never answered..
Seems the Telegram group isn't for the Hoi polloi. I can visualise members preening themselves each morning (before remembering their losses so far).
If anyone could join – and at a cost of just 50p it would seem – what would be the point? It'd just be the same as here.
Anyway, who needs telegram when we have good old egalitarian LSE :-)
Maybe there's a spectrum of compliance and more kudos for the highest compliance standards (eg shifting 'going concern assessment' from date of a financial statement to *approval* date of the statement) :
KPMG:
https://assets.kpmg.com/content/dam/kpmg/in/pdf/2023/09/chapter-1-enhanced-requirements-proposed-for-going-concern-assessment.pdf
Key revisions proposed in ISA 570
The key revisions to ISA 570 are given below:
Management’s going concern assessment
Timeline over which management’s going concern assessment is being made
One of the significant changes proposed in ISA 570 is a change in the commencement date of the period of managements’ going concern assessment. Management is now required to perform a going concern assessment for a minimum period of
12 months from the date of approval of the financial statements. The current ISA 570 requires the management to perform a going concern assessment for a minimum period of 12 months from the date of financial statements.
Some jurisdictions globally4 have already adopted such a commencement date, accordingly, this change would aid to align the
global practice and thus abet comparability and consistency among jurisdictions. It would also benefit users of financial statements, as management’s going concern assessment would be based on more current information, and from a date when management and Those Charged With Governance (TCWG) have taken responsibility for the financial statements.
(CJ, why would you think that because I post half a dozen times on the AVCT bb I don't like Avacta? I didn't post for several days in the last week or so. Did that prove the opposite? Where have a criticised AVCT today?
Https://www.google.com/search?client=safari&rls=en&q=auditor+sign+off+12+months+cash&ie=UTF-8&oe=UTF-8
Not that I know anything other than from googling, 12 months seems to cover 'going concern'.
I've mentioned I'd invested in Tiziana Life Sciences in the past. They went to the Nasdaq as that was the place to be. I just noticed this post regarding their spin-off, Accustem (which was heralded as being the owner of Stemprinter, the best test, by 30%, for a breast cancer indicator:
Poster BoNidel
'Accustem27 Mar 2024 21:19
“ As of December 31, 2023, our cash balance is $21,481 which is not adequate for our current planned level of operations, through at least April 2024.”
Taken from the recent 10K filed on 22nd March 2024 covering up to Dec 2023.'
I sure as hell hope that AS is better at monetising AVA6K than the people at TILS / ACCU were at monetising their 'best test'.
Tim,
Have you read the opening lines? You say factually correct. I'd be generous and say designed to create debate among posters with differing views of the landscape ahead.
'Doxirubicin is already approved. Today 08:29
Definitely has the hallmarks of the of mal-intent here.
Like others have stated, strange activiy from a few obsessives given the facts.'
CJ. Glad you agree with Touk that 'How is “doxirubicin (sic) is already approved “ news in any shape or form?'. Touk never said Dox is not approved. He wrote that it's not news that it's been approved (for donkey's years).
Ice (I think to Wyn): 'Why are you here posting, constantly talking about the past'.
This is not the quote I was looking for but it'll do:
'As Sydney J. Harris once said, “History repeats itself, but in such cunning disguise that we never detect the resemblance until the damage is done.” '
'And you can be part of this. For 49 p !' Sounds good Watching. Maybe I should follow your advice..
But then again, I just checked your posting history. Randomly looked back 6 weeks. How did this go for you?
'81.00
No Opinion
Gift !22 Feb 2024 14:19
THat just keeps giving. Averaged down again !'
Undersubsribed REX offer.
Not true. I was told off for making the same mistake on the REX offer Rablalex
RNS 5 March:
'The REX Offer was limited to an aggregate value of £6.8 million and received total applications in excess of this amount. Avacta has determined only to allocate REX Offer Shares to existing Avacta retail shareholders and therefore a total of approximately £5.4 million (equating to 10,896,948 REX Offer Shares) is expected to be raised pursuant to the REX Retail Offer.'
'Sharing is Caring (but it also borders on theft🤫) 1.Best free streaming site ?also works on smart tv https://letflix.tv/. (Server vidcloud ) '
Looks good Alex, you have found it to be ok yourself? '(if too good to be true it probably is' etc.)
That last RNS has got me humming..
Though it’s the weekend, on a hunch they’d be at work, I called AS for clarification on EXACTLY what these 'Parallel lines' are all about. Not sure why but he kept me 'Hanging on the Telephone' for an absolute age.
Frustrated, I redialled and the switchboard 'Girlie Girlie' who answered (I have to say she sounded like a 'Pretty Baby') was told her in no uncertain terms that 'One Way or Another’ – I’m going to gonna find him. She replied that I should 'Picture This', the busy scene in Wetherby, with AS examining as his cohorts. TBH, it didn’t seem a very professional attitude and I am convinced she was just the 'Sunday Girl'.
Thoughts of first buying AVCT at 2.20p came into my head, I recalled how 'I Once Had Love' for the way the LFT was going to end the pandemic, and make me filthy rich. Finally, AS actually picked ups my call. I asked my questions and then AS dropped the bombshell; ‘I Just Don’t Know’. That was his answer to every query I posed.
“AS", I said, "your comms are rubbish. You’ve really got to up your game, REALLY 'Bang a Gong' (Get It On) for AVA6k. His weak reply? I quote 'What I Heard’ him say exactly: “I Know But I Don’t Know”.
Just pathetic I thought after all these £ millions, the fabulous family home bought during the 'is-it-us?' period. (I asked the name of the new detached house and gardens and it's 'Heart of Glass (without Cardio toxicity)’, so he did really buy it, even if the name is a bit long-winded. In fact, at the mention of his home he got fairly cross. Politely but firmly he told me to 'Fade Away and Radiate’ which I would not expect from any CEO. The cheek of it..
At least I had the last words: 'Just Go Away’ AS. Don’t come back till the SP is £200 ex China. He got the message.
A tweak to PL’s analogy. You could throw boiling water over thick ice on a car windscreen. Lots would splash off, only a small area of ice would melt, and the side effects would include a cracked windscreen from the thermal shock. Better to use a sustained rinse of luke warm water.
The Rex offer was undersubscribed. If they'd issued today's news earlier, AVCT would've received the maximum money under the offer. Doesn't make sense unless the ii money was more valuable than the pi money.
You might want to send him this link Kevin
https://www.cancerresearchuk.org/about-cancer/find-a-clinical-trial/trials-by-cancer-type
CJ62. You're right in that I for one feel pretty stupid.
If it's all gone 'to plan' and, having bought with an average of >130p when only yesterday I could have bought at 52p, then I am pretty stupid.
I only wish AS had told me 'the plan' earlier.