Member Info for Dibs61

Interesting that RS stake went from 5.29% to zero in a day. That’s 9.49 million shares disposed of. They can’t have all gone to retail investors that’s for sure.

Forecasts of £1-£2 SP on Monday are extremely far fetched. The release by CIGA was bullish. But feet need to be firmly planted on the ground for now. No MHRA approval -yet. No orders (bar the initial ‘surveillance’ one - yet.

Also reading the revenue - profit projections. That’s all well and good but the great unknown is, even if those numbers in themselves are reasonably accurate, we simply do not know how long demand for these tests - at a given level - will be sustained for. No one knows.

So I would caution one step at a time. 60-65p is perfectly feasible Monday morning but where it goes from there without any news isn’t so certain.

Now $1,892

Steadily clawing back the losses from the paper contract assault at the Crimex on monday by JPM and the other banksters. An ever more absurd attempt to convince people that 'Everythings OK' now that a vaccine appears to be on the horizon. Such blatant twisting of reality.

Surprised there is not more interest here. A historically high POG and the distinct likelihood of high grade drilling results next week. How many holes drilled, 23 is it we’re waiting on with more to come in December from Barns.

Could be transformational.

Hi Frank, apologies just me being all ‘wordy’

I just mean the list of the companies major/significant shareholders.

ATB

Serious growth story developing here along with brand development.

I agree that adding on any weakness/retrace would be a good move.

imac1 - thanks good to see you here also. Yes the more you look into this the more attractive proposition it becomes.

I think CM is being quite conservative in his assumptions re resource development but always better to underpromise and over deliver.

We will still have drilling results to come from Barns next month following the imminent news from BG, BGN and Clark.

So whether you are an Eva or a warrant holder I wouldn’t be too hasty in pressing the sell trigger here... ;)

Shockingly bad RNS. Badly written and very unconvincing.

Mikewinvest - Trades are often not printed as they are executed. Ostensibly MMs do this to keep an ‘orderly’ market. Instead they are delayed and printed later. If you think about it if you print up a batch of large buy or sell trades ‘as they happen’ in certain circumstances this could cause an overreaction, panic even. So they are hidden from view until safe to be displayed!

African - checked spreads at the time - one was a buy the other a sell. Not that it matters a jot.

Will add further here on any weakness. Really warming to the story. A lot of positives.

Matml74 - you make some good points and I see what you are saying. I hope for the sake of investors heavily down here that what you suggest materialises. It’s possible but politically the vaccine roll out will have to be seen as equitable as possible and will likely be provided free to some poorer countries. As I say there is still an opportunity here but it is substantially reduced from the summer.

To focus on your company rather than hoping for the possibility of the failure of a vaccine for one reason or another. Be that in terms of logistical issues, speed of roll out etc etc

Imo it would be wise to assume that vaccine roll out will happen in the timescales suggested because governments will move heaven and earth to make sure it does. And prepare for more vaccines to materialise and maybe quite soon.

With the gift of hindsight we can now see more clearly what happened in the past few months. It was staring at us in plain sight. Why, we wondered, WHY aren’t they talking about this wonder therapeutic? Why do they only ever talk about vaccines? And the answer was because all their focus, be that governments, big Pharma, research labs WAS on vaccines and not therapeutics. Their approach was that they wanted to tell people they can stop people getting the virus NOT to tell them oh well if you get it we can make you better!

Honestly where does this leave SNG? I have to say not in anywhere near as good a place as back on the heady day of 20th July. I don’t think the opportunity is completely extinguished but I do think it is substantially reduced. Assuming SNG001 passes P3 in, say, end Q1/early Q2 next year then it’s likely vaccines will by that stage being rolled out to larger numbers of people. Possibly millions of doses by then. The main virus season of winter will be drawing to a close and case numbers could, or should, be dropping. SNG001 will be entering a market where, yes, there will still be people infected who need treatment. But can we say it will be anywhere near the numbers we anticipated just a few short months ago? I’ll leave you to decide but I for one do not any longer see this as a £50 stock, not even a £10 stock. SNG still has a £200m MC. Forget about the £87m cash from the placing. That’s already effectively budgeted and spent. So if we are to take the current valuation how much sales do we need to warrant it? Sales to price ratio of, say 7 (which I think is generous for the s3 tor) would require £28m of sales next year. OK you might say that’s not a lot but the other point is how long could the sales be sustained for with a vaccine longer term?

Look I think there is something left potentially but it might now be best to downsize your expectations quite significantly.

Nice work Thompi. People were happily paying 81p here a few days ago. Nothing has changed.

Except this has got a bit cheaper and more attractive.

It’s got to be tomorrow. On the 30th Oct they said within two weeks.....

Took a few more this morning and am nicely positioned.

And now we know why Time Lord. Delayed 50k £17.75k buy just before four pm. MM’s must be short of stock and That’s quite a big trade for this rather illiquid stock.

mrmilky - thanks take your points on board.

Although its no guarantee of success this company is in eSports which is a massive growth industry and its hard to think they will screw it up with the money that will flow into this sector in coming months and years.

If he is he would have to declare to the market because he is on 3.11% currently.

In any case he's said he wants 3m shares in this and 3.11% is 2,488,000. And I'm sure he does want 3m because the growth case here is compelling.

Looking to exploit the dips.

JV must be tantalisingly close now. Will be utterly transformative for this company. Free carry on all exploration and other expenditure right up to 'shovel ready' mine development status. And this is going to be a HIGH grade mine make no mistake.

BUY. Current silly valuation. Get what you can before this really starts to move. Not easy to buy in quantity but hey I'm not surprised!

DYOR

But this looks like its still sliding back despite some interesting announcements. Seed Investors, VCT's(?) taking profits from IPO @ maybe 2.5/3p?

Will wait a bit longer. Impressive Share roster though.