Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I wish I'd asked this question: 'If a FAP rich tumour metastases to a low FAP area of the body (bones were mentioned) if there is such a thing, does it remain high FAP in nature (like the Primary) or turn to a low FAP tumour in the new part of the body?'
Any medical people here know?
Catching cancer early with AVA6k is probably still vital before it spreads. You want want it earlier rather than later anyway.
The 59 year old chap will be celebrating his luck anyway. Talk about 'just in time'.
Every time I press refresh the sp has fallen another 1%
Yesterday I watched LB's interview again and you'd never guess that we were set for such a collapse in the sp when she says they'll drill in January and no caveat regarding *if* or *so long as* we get the additional funds.
People selling now might stop if they knew the cash position. Are they just lacking awareness or is the position so bad they are unwilling to say?
'When she bought the rig she was sliced bread now she mouldy bread'
Yep, that's the way the cookie crumbles..
I'm trying to put myself in LB's position. Would she walk if she feels doesn't have what it takes? Maybe she's been persuaded to hang on. The fact that she's stayed; does that imply that she's working on something positive? We have a lot invested but she does too, in terms of her professional career and options of course. She won't want to go down as having been in charge of a company that failed on her watch. I had that with eve sleep. They got down to their last £500k or less before things really fell apart so we aren't there yet. The eve sleep former CEO hasn't been hired elsewhere but she has started her own enterprise (holiday club for children, last time I checked). It's a contrast from running a PLC.
Will she want to raise enough to finish the 2 drills, or rather more and so help HE1 have a future beyond January or Feb. From her pov I think the latter, which will take a bit more time than the former.
Not the first time I've posted this one.. It just continues to pop into my mind but I can't think why.
https://www.youtube.com/watch?v=waXec_80wkQ
Troaj, I did look it up the other day (not going to check again now) and the problem is if the sp falls as then the 'borrower' needs to convert more of the shares to receive repayment, and then the sp falls further and further and more and more shares / more dilution = 'death spiral'. But if the company is successful (strikes helium for eg) and the sp raises then that works well and fewer shares need to be given to repay the loan amount. Looks like the latter scenario at Dg Innovate (DGI) today.
Attary, Just looked at your history and you had a good day if you hold Dg Innovate Share Chat (DGI)
I see they had quite a rise after this, and other important news;
'£2.4 million Convertible Note Fundraise'
Didn't people on HE1 recently say that a CLN at HE1 would be the start of a death spiral? Are they the same things, Convertible Note Fundraise and CLNs?; I'm not that experienced with such instruments.
Anyway it looks like they can have their advantages under the right circumstances...
It was already obvious you follow your obsession around these BBs from your earlier post this week, NYsize. Rather proves my point...
I'm in R*A; wyn had never heard of it. Your point??
You are very thin skinned for someone who is prepared to dish it out. Anyway, Enough on the subject from me. Happier to look forward to next week's news.
Hi Joe,
I just don't know. Maybe they still have more money than we think. Unsolicited offer could have sounded quite tempting for the next phase and, naively, LB thought it wouldn't impact the sp as much as it has because the RNS brought other good news.
Just so long as they have money to drill in January and get back to Tai we don't seem to be in a very different position to before the RNS. Buying the new roughneck implied they weren't being super-careful with their bank balance. Or the original one was in worse shape than the due diligence implied.
'RUA Life Sciences plc have announced their intention to raise up to £4.85m via a Placing for institutional investors and a Retail Offer for individual investors.
Applications are due to close at 3:30pm on Thursday 07 December. Due to the nature of the fundraising, applications can close at any time and without prior warning.'
So less than an hour to go.
'don't even think they will drill again I'd say they will suspend trading before Xmas'
But not drilling would conserve the money they do have, and drag things out. So I can't see bankruptcy in the short term, unless someone knows different.
All this negativity could quickly turn to 'St Lorna' on a something clever. We live in hope.