Member Info for DamayHill

Oops, THINK somebody forgot WHICH user they were SUPPOSED to be for a minute THERE.

Thanks Bluebelly. So just to check my understanding, if I held TILS, it’s TLSA shares these will be converted to (albeit 2 for 1)? What’s the relevance of Accustem? I can see it’s a subsidiary but these are not what TILS are being converted to?

I don’t wish to exacerbate any pain anybody is feeling but I am unsure whether my TILS shares are being converted (I still don’t have them) into NASDAQ listed TLSA shares or info Accustem shares. The only information I received prior to the delisting stated ‘You’ll receive 1 share in the new Bermuda incorporated Tiziana Life Sciences in place of every 2 shares held’ so I have always assumed it would be TLSA (Tiziana Life Sciences). Can anybody help clarify?

Hi Fevertreeman, I don’t see these things as being contradictory. One statement refers to likelihood of announcing contract wins and the other the SOP timings related to contracts already secured. You’re absolutely right about the vagaries of actually SOP and ramp up. Personally what I’m focused on is another major contract win, which really ought to shift the share price to a permanently higher range.

“What i say and what i do are different things”

Or to put it another way, you can always retrospectively change the narrative to make it appear that you always win and never lose face which, by the way, you are spectacularly failing to do!

If it makes you happy then go for it but I think you’ll find most people think it’s pretty tragic.

Eh? Fugazi, your two unequivocal statements this morning have both proven to be utterly wrong. If you think you can style it out now by being even more obnoxious then that makes three times you’ve been completely wrong today. Why can’t you just be big enough to admit it? If you’re going to be so forthright, at least front up when you’re proven wrong.

aware what’s suddenly driven this up?

Well done to all of those who have seen a nice return here today or a reduction in losses. I kept my powder dry as I did think this may fall further but (for the time being at least), I was wrong.

It’s a shame that the poster (Fugazi) who was so certain this was sinking further and would certainly close sub 1000p today - and who was fairly unpleasant about it - doesn’t have the balls to admit that they were wrong. Zero credibility.

Hey, who needs fundamental analysis when we’ve got “these things come in 3s”. Come on man, you’re clearly better and brighter than that!

First of all, I feel for those who have been affected by the share price crash on Friday.

The issue I wanted to raise is that I think it once again highlights whether broker ratings and targets have very much value at all. Right up until the moment the RNS was released, a variety of brokers were advising their clients that this was a buy and had been advising such for months. In some instances, this advice immediately changed to a sell. I’ve no problem with a broker altering their rating over time, particularly as a share price increases and the valuation begins to look over-cooked. But what we saw this week was akin to a broker advising their clients that they thought Manchester City were going to win the FA Cup and then after a third round exit saying “we no longer believe Manchester City are going to win the FA Cup”. Brilliant. What level of expertise does that require? Time and time again I see precious little correlation between broker ratings/price targets and then what actually transpires. Sometimes, it’s so far wide of the mark that you wonder how they managed to get it so wrong. Broker notes seem to wield a large influence (look at Peel Hunt and DARK very recently), but rarely if ever do I see them held to any sort of retrospective account. It must be the easiest job in the world next to being an auctioneer valuer!

You might say that they don’t have a crystal ball and couldn’t necessarily have predicted events this week any more than anyone else. But that’s kind of my point.

Full disclosure, AVON is a share I’ve liked and tracked for about five years but have never held and felt I’d probably missed the boat. I do feel this may have a little further to fall, though I’d be surprised by anything sub 750p. I’ll be watching for a little longer but may then take a position.

Looking spot on. Having another go!

Thanks for immediately illustrating my point so perfectly!

Thanks KSH, I think that’s a great perspective and a valuable post. I too am impressed by the CEO and I suspect you’re right that her personal credibility and contacts are critical in this instance. Please do keep asking questions. AIM is strewn with disappointed investors who should have done but didn’t. Countering any inquiring mind with ‘jog on fool’ is so utterly facile, it’s frankly embarrassing. Thanks again for your post.

Anyway, irrespective of whether you believe I’m entitled be asking the question I’m asking, I think you’ll find that the market agrees with me. There were people on here over the weekend who were confident about ‘fireworks’ in the share price on Monday. If those same people are now scratching their heads wondering why the share price is the same as it was on Friday, I’m telling you the reason is because the RNS was bereft of any meaningful detail at all and so the market didn’t know how to react. Sorry if that’s uncomfortable for some of you. Let’s all hope the forthcoming assay result RNS is actually worthy of the name RNS. I’ll leave it at that.

Hi KSH, yes you’re right but this forum is also supposed to be a space to debate such questions. The basis of my investment here was Thar Block VI. I cautiously welcome the mining ventures that have emerged since. Don’t get me wrong, I am also delighted if ORCP are going to play a meaningful part in this green hydrogen project (it’s unclear at this stage whether that’s so). I’m reminded of the episode of Big Bang Theory where Amy says that she enjoyed Raiders of The Lost Ark but points out that the entire outcome of the movie would have been just the same without India Jones’s character. I feel the same about this. It’s good news but everything that’s described is perfectly achievable without ORCP’s involvement. Why is everybody so terrified of asking legitimate questions? It’s such a desperately immature level of investing.

OK angry sheep man. I tell you what, I’ll keep questioning and you keep doing doing whatever it is you do. ‘Big boys’? Seriously? I’m actually blushing on your behalf.

Matty56, that’s fair but my question remains, put a downer on what? An RNS has been released today which has given us no information at all about ORCP’s part and role in this massive undertaking and as a consequence I’m not surprised that there wasn’t a big market reaction today because it’s impossible to know what it is we’d be reacting to. I think the incredibly vague RNS therefore does ORCP and it’s shareholders a disservice. Believe me, I welcome positive news here and I look forward to the drilling assay results in November as well as continued news flow around Thar - I’ve been invested here for well over three years. I appreciate that there are people on LSE boards who seek to make trouble, but it’s a great shame that genuine shareholders can’t critique or question without some feckless idiot calling them a de-ramping shorter. I notice nobody has actually proposed a valid reason why ORCP has been invited to participate in a major project in which it has zero expertise. Being a supportive shareholder doesn’t have to mean being a bleating cheerleader. It’s OK to ask questions. It’s your company too. That’s what being a shareholder means.

I don’t understand the question guyc? ORCP have an interest in an enormous lignite coal resource and have subsequently acquired two mining licences in Australia. The only connection between the proposed green hydrogen facility and Thar is energy and local geography, nothing more. If you’re able to glean anything from the RNS other than that Naheed Memon was invited to a ceremony (you know, maybe why, for what) then you’re a better interpreter than I am! I’m not trying to put a downer on it, just trying to understand what’s going on with hardly anything to go on. RNSs are supposed to be informative, after all. Sorry if my inquisitive investing nature offends you.

To be honest, I’m not surprised by the muted reaction today. The RNS and the media coverage is mystifyingly opaque about what role ORCP will play in this partnership and why they have been invited, given the company has absolutely no experience, expertise or track record in developing green hydrogen. I am a shareholder here and want to see ORCP do well like the majority, but announcements like this don’t really help when they raise many more questions than they begin to answer. Perhaps one of this board’s relentless cheerleaders could help me to understand why a London-listed company with a tiny MC has been invited to partner in a high-profile new partnership in ****stan, to which it brings nothing obvious to the party? Perhaps I’m overreacting but I feel the lack of even the most basic information in today’s RNS is disrespectful and disingenuous.

Perhaps Flag, if that’s the intent then the article really doesn’t make that clear or even reference it.
As James says, we’ll see in due course. I just don’t like not being immediately able to see the rationale.