Member Info for DanielC43R

Apologies accepted Stas20. GLA, Dan

No need to be rude to posters. 'wow another one' and 'are you for real' - not polite. You will find many investors here with substantial losses today, rudeness doesn't cut it. Thanks for your advice though on abdx - already in there with a loss too btw. GLA, Dan

News was essentially already known (as in rns 25/11/21);

'Whilst we still remain confident that we are well-positioned for future growth, we recognise that many investors will be disappointed in the lack of progress with the DHSC, and uncertainty about their future utilisation of our manufacturing capacity. This is a disappointment that we share. Our contract with DHSC dated 12 February 2021 was made up of two phases. Phase one was a scale up phase, where DHSC furnished the Company with equipment and working capital in order to support its scale up activities whilst DHSC selected and licenced the chosen test to the Company. Unfortunately, DHSC did not provide the Company with a licence to manufacture an approved test and as such Phase 2 of the contract, covering manufacturing, has not been activated and therefore no orders have been placed. We now have confirmation that the contract expired at the end of Phase 1, although both parties remain in dialogue and DHSC are still providing us with access to their Government-funded equipment to provide the infrastructure to grow our businesses.'

So drop in SP today overdone IMO. Still awaiting some approvals I believe and hopefully some commercial contracts to follow. COVID will always be with us, so testing is likely to go on for a long time yet. Very disappointing day but the trading was not too shabby with nearly 32M shares changing hands. Stuff the UK gov and lets find some genuine customers/contracts. GLA, Dan

still pretty much even stevens (sells ahead slightly according to lse). A frequent 50K shares trader noticed. Whilst the rns is in poor form the trading is impressive. GLA, Dan

still plenty of trading going on with a nice even spread of buys/sells (buys still slightly ahead - according to lse). GLA, Dan

certainly the trading is perky currently which is a positive. RNS not deterred trading it seems. Buys (according to lse) currently ahead slightly. GLA, Dan

Slightly out - total traded should be 265,673,878 I think. Still a huge amount - nearly 3x the amount issued. GLA, Dan

I don't see Lekoil plc being able to get us any returns here. Will Olekan come up with a better offer ? I doubt it but who knows in this Pantomime of a stock. Less than two weeks to AGM - vote not yet made but still think, for me, the offer is a no brainer (due to accepting my losses previously - my loss being very small compared to the serious investors here). GLA, Dan

Only holding 4M but with an average of 0.055p. GLA, Dan

This part from the rns yesterday was quite key for me at least;

'As detailed in the announcement on 29 November, the product is being provided for review and evaluation to a range of potential commercial partners who have actively expressed interest in the product with regards to European opportunities.'

Hopefully the 'expressed interest' will turn into orders soon. GLA, Dan

The resolutions were listed on one of Dr_Krebs posts 19/11/21 as below;
'1. Finalisation of the agreement between the company and EHGOF (up to £50,000,000 for convertible notes)
2. Reimburse monies owed to creditors according to the CVA
3. Declare the company as a going concern, close the administration period and return the company to the BoD
4. Publish the FCA-approved prospectus
5. Hold a GM and pass resolutions to initiate the funding agreement with EHGOF
6. Relist the ICON stock'
Thanks to Dr_Krebs for the above. GLA, Dan

From Dr Krebs post on 30/11/21;
'Other recent comments have centered on the relisting deadline which is Tuesday 7th December 2021. If this deadline is not met, ICON will return to the market at a later date although this option is clearly not preferable for the BoD or shareholders and an announcement will be made on this over the coming days.'

Noticed that there was no announcement on this point. GLA, Dan

Same for a few stocks in my PF incl. this one. EUA down from 43p ish in Dec 20 to 22p ish now, GGP down from 37p ish in Jan 21 to 14p ish now. Less said about COPL, SYME, ICON and LEK the better (3 main market stocks there - who would of thought it lol). In a year my PF value down from £153K to £86K - yep, very depressing. I keep telling myself it is not the stock but the state of the world currently. Fingers crossed that 2022 brings glimmer of hope. GLA, Dan

From 15/11/21 RNS;
'As development in the lower mine continued throughout the third quarter, first ore was intersected in both the Upper Footwall Zone ("UFZ") and Lower Footwall ("LFZ") zones. The increase in mill feed grade through the period is largely due to high grade development ore mined in the UFZ, where development rounds have ranged from 2% to greater than 12% copper. Typically, gold grades in the UFZ are also elevated compared to the LFZ. First stoping from both the LFZ and UFZ is expected to begin in December 2021.'

End of Oct. 21 - 1097 tonnes remaining from forward sales contract with 521 tonnes mined in Oct. 21. Not sure if that helps, but expect hedge to be cleared YE hopefully. GLA, Dan

Can buy on HL ok (3k shares) but not sell - guess SP is going down. GLA, Dan.

Nothing here either. GLA, Dan

Can we actually trade in Lekoil Nigeria stock? Not seen a ticker code for them, just get Lekoil Ltd. GLA, Dan

A no brainer for me. Lekoil (very) Ltd needs to go IMO (I have accepted my losses now). Question is whether there will be enough votes in favour of the proposal from Lekoil Nigeria. GLA, Dan

You mean GGP? Do you know who the small miners are in the fund and how they are performing currently ? What areas are they mining in ? Might be more due to them rather than the product ? Not up on funds so could be talking nonsense here. GLA, Dan

Sorry, I needed to have read the start of thread before I posted. Post at 18:59 was a little misleading on its own though at a casual glance. GLA, Dan