Member Info for Dibs61

Not sure if anyone posted - apologies if so - but article talks about the battle against COVID not yet won and we will, in any case, inevitably still require treatments. SNG gets a good mention inc quotes from Stephen Holgate.

Chin up chaps SNG is still very much in the picture.

https://www.theguardian.com/world/2020/nov/22/why-the-race-to-find-covid-19-vaccines-is-far-from-over

Average is now 13.99

I’ll wait now, maybe I can get it lower still.

Held my nose.... and plunged in with another 30k @ 13.6675

Gulp lol amongst the falling knives...

Something that no one seems to be considering in today’s vaccine market hysteria is the following possibility dare I say likelihood. That the virus will mutate and the vaccine effectiveness will be reduced or possibly require a new vaccine, such as in influenza. There is already evidence of this happening.

But not to worry, treatments aren’t needed anymore! “Everything’s OK’ folks lol

And I’ve taken another 4K @ 94.85. I think anything under a quid is a bargain atm.

Black Friday is now Black Monday.

You can buy AND sell for 7.8 here atm

To put my money where my mouth is ;)

It’s all over. The games up. But the market can be highly inefficient and irrational at times and the SP reaction today imo is just such a time. COVID-19 is not going away. It’s here to stay now. And vaccine or no vaccine people around the world will still get the infection and still need to be treated for it. The idea that it (COVID) will be eradicated by the vaccine and no one will get it in the future is absolutely absurd and ridiculous.

So, stay calm, keep your nerve and wait for this to turn as reality slowly sinks in. But it may take a while!

And off we go. Nice intraday reversal.

Looks like ticking higher to me.

Can’t get a price - gone to NT

I’ve said it once, I’ll say it again, once that JV drops you will not be able to get anywhere near this price.

And if you doubt what I say check the SP chart. HoT for JV announced in July and the SP has not declined (in typical AIM style) at all since then. Remained stable. Market is just waiting for that all important transformational JV.

Come on Prof give us it!

Nolupus - according to recent holdings RNS’s we have three different shareholders reducing their stakes. Most recent was Spreadex who had reduced to 2.2% by 2.11.2020. So they may now be out completely. But we also have Intertrader and Richard Griffiths reducing. Down to 8.92% and 2.84% accordingly. It looks as though they were not reducing as aggressively as Spreadex so I’m hoping that Spreadex are either out or on fumes now and the other two have stopped reducing further (it wouldn’t make any sense to with the SP so low unless RG bought much lower?

Even at 50p the MC is just £16m.

They are sitting on a massive high grade gold deposit with a free carry on exploration to mine ready status. Up to a potential 20m ozs + potential. That’s the size of gold deposit the top global miners get interested in.

Is that or is that not the Holy Grail for gold mining investors? I mean, what more do you want?

Not a problem for me. Undeterred. Seller is simply providing canny buyers with an opportunity at this level.

If you want to sell at sub 8p I will snap your hand off!

This will do very well in such a scenario. However even if there isn’t such a rally this will still do fine since they have shown impressive resilience in lockdown and restrictions.

Moneymunch - good morning - and good news - who wrote the last paragraph in quotes in your last post? Was it broker

A new study suggests that individuals who have previously had COVID-19 are highly unlikely to contract the illness again, for at least six months following their first infection.

The study, done as part of a major collaboration between the University of Oxford and Oxford University Hospitals (OUH) NHS Foundation Trust, was published today (20 November 2020) as a pre-print.

Despite an estimated 51 million people infected with the virus worldwide, with high levels of transmission ongoing, reports of patients becoming re-infected after already having had COVID-19 are rare. However, up until now there have not been any large-scale studies of how much protection from re-infection people get after COVID-19.

The study, part of a major ongoing staff testing programme supported by the NIHR Oxford Biomedical Research Centre and Public Health England, covered a 30-week period (April to November 2020) with 12,180 health care workers employed at OUH.

The health care workers were tested for antibodies to the virus that causes COVID-19 as a way of detecting who had been infected before.

The hospital tested staff regularly for COVID-19, both when they became unwell with symptoms and also as part of regular testing of well staff. The researchers then followed whether staff who had been infected before had the same number of new COVID-19 infections as those who had not been infected before.

During the study, 89 of 11,052 staff without antibodies developed a new infection with symptoms. None of the 1246 staff with antibodies developed a symptomatic infection. Staff with antibodies were also less likely to test positive for COVID-19 without symptoms, 76 staff without antibodies tested positive compared to just three with antibodies. The three healthcare workers with antibodies who tested positive for the virus that causes COVID-19 were all well and did not develop symptoms of COVID-19 again.

This suggests that most people are unlikely to get COVID-19 again if they have already had it in the previous six months. Additionally, the opposite also proved true - healthcare workers who did not have antibodies against COVID-19 were more likely to develop the infection.

One of the authors on the paper, Professor David Eyre of the University of Oxford's Nuffield Department of Population Health, said:

"This ongoing study involving a large cohort of healthcare workers has shown that being infected with COVID-19 does offer protection against re-infection for most people for at least six months - we found no new symptomatic infections in any of the participants who had tested positive for antibodies, while 89 of those who had tested negative did contract the virus. This is really good news, because we can be confident that, at least in the short term, most people who get COVID-19 won't get it again.

"We know from a previous study that antibody levels fall over time, but this latest study shows that there is some immunity in those who have been infect

Nolupus give it a rest. Please.

Hmmm Blackrolie just checked your posting history and you do have a strange negative fixation about esports. One suspects you’ve lost money there previously. That’s normally the cause of such emotionally driven vindictive posting.

I mean it’s not like you’ll necessarily be wrong about further cash raising. They probably will but the acid test will be whether they’ve succeeded in creating shareholder value in the meantime ie. a rising SP. You cannot argue they have BIG financial backers for such a tiddler.. They don’t normally bother with stocks of this tiny valuation. We’ll see who’s right won’t we. But I can tell you I’ve noted many times people carping away on the sidelines while others are making money

Phase 2/3 Trial due to start imminently to treat up to 300 patients with ARDS and COVID-19. Full gold standard trial - randomised double-blinded placebo. Amazed there’s not more interest here. Interim analysis highly likely - results after treatment for 15 days - early new year? . I guess it’ll all come down to speed of patient recruitment but with high numbers of hospitalised patients shouldn’t take too long.

What I find most surprising is the MC here, just £10.8m. Very cheap. This drug already has a proven safety profile and has been through a PII trial for MBC which showed safety and efficacy. Also the file is part funded by LifeArc. - see below link. When you compare to MC £200m @ SNG which is also to start a PIII trial v shortly it’s amazing that there is a £190m difference in valuation! I would expect that valuation difference to narrow!

https://www.lifearc.org/funding/covid-19-funding-2/sfx-01/

So we need 10p for a full break out?