The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Just more BS.
Can someone please clarify what 'final {conditional} approvals' are?
This guy is unbelievable. All this RNS does is push the boat further down river with a multitude of actions still to be completed before a spade hits the ground.
With that list H can continue prevaricating for another 5 years.
Where are the milestone dates?
Anybody notice China is suddenly in the Ethiopia game?
Last directors deal, according to LSE was over a year ago. Shows what confidence they have in the company.
Don't Avacta know that the thing that creates improvement in the share price is positive news of progress. We don't know if they have even sold one LFT test. Distribution agreements are meaningless without regular sales updates. I would suggest monthly or three monthly sales figures to keep the share price where it should be.
Today a report re a new treatment being used in Israel which comprises an inhaled protein, which when inhaled once a day for 5 days, cured 30 out of 30 patients with Covid, and of these, 29 out of 30 in two days.
https://mynorthwest.com/2567116/inhalable-covid-treatment-israel/
Where is today's other RNS?
NTOG is the same as many companies I have observed over some years. They are simply a vehicle to provide a comfortable living for board members whilst just doing enough to suck investors in who don't then want to sell from their losing position, myself being one of them. Time to get rid of the man at the top which is where the buck should stop.
In the last year while NR has been CEO the share price has dropped from 8p to 3.3p. Why the hell is he still in charge?
I notice that since NR joined the club the price has been on a downward spiral, and as someone with previous experience of the man, any optimism I had regarding the prospects of this company has vanished.
I wonder how much PL has pocketed in that time from this and all his other directorships? He doesn't really need to be successful in the business, just tell a good story.
which will come first, BMZ folding, or hitting sub 1p which I forecast two or maybe three years ago.
This is the third year production has been promised/intimated and we have nothing. I suggested over a year ago that the price would end up sub 1p and we are nearly there. The only thing PL has to estimate is how much longer he can go on promising and not delivering while he pockets handsome salaries from his different interests, before we no longer have a company.
Correction rtg - "yet another year gone by with the share price dropping" - some of us have been here a hell of a lot longer. No offence intended.
Can anybody out there remind me, when anyone from this circus of a board, promised production this year. They did last year, and the year before, I believe, but it never happened. What is it that makes you all so optimistic?
Anybody noticed on H/L site broker recommendations have changed from 100% buy to 50/50% buy/sell. I repeat my earlier statement that Landau will not be satisfied until the share price is sub 1p, however long it takes, and the longer the better for him as he continues to take the money. I do not believe we will see actual production this side of 2015 at the earliest, if ever. Just in case you are wondering, my only incentive in all of this is to see the share price recover to the point that at least I am not losing money.
In answer to your question - March 2013 - no, I havent got the year wrong. Just go back and read the RNS's around then. Reading recent RNS's, I dont believe he has promised a date this year - just more sampling and interminable testing. While the years roll by, PL is taking large remunerations out of at least six companies. Why do you need to produce when you are comfortably makings your millions without the hassle?
I quote 'Excellent progress made towards imminent commencement of low cost high grade silver production at the New Departure and Conjecture projects in Q1 and Q2---------------------------2013'. We are being given the self same b------t as we were given exactly one year ago. Note, he doesnt say production will commence on any given date, only that they are progressing towards it. There will be more and more sampling, and more bits of drilling, and then hey presto, winter is drawing in and production will maybe start in Spring 2015. And all this time they are drawing fat salaries, or in other words, how to become a millionaire. Comments Mr Landau/Mr Ryan?
Just looking at video of John Ryan on 10.12.13, on Proactive Investors, who states that production at New Departure will commence early April 2014. Early in 2013 an RNS stated that they were 'just weeks away from production at New Departure', which would have been early April 2013, so that promise was a year out. How do we know that this latest promise will not slip by the same time? How are we to believe anything they announce? At this rate the SP will be sub 1p before they produce a single ounce.