George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
In a recent presentation RM hinted that SNG001 "needs a fire to put out". I think that was a bit of a pre-warning for what was coming with this RNS. In my view, this is now confirmed. We now have more clarity on what SNG001 is best at doing and we have more data too. Despite the market sentiment, long-term this is a half-decent RNS and could have been worse.
I'd have started the presentation off with what the big out-take is and framed it as good news. "What we're going to show you today is that this HT study combined with our previous study has shown that we have a drug that can help stop people with severe breathlessness develop a more serious and potentially fatal stage of the disease". They needed to tell a story, not run through charts!
For some strange reason I can't see any green on this message board. Well done to all the LTHs for holding out and for fending off excessive de-rampers. Now to wait for mainstream news to pick this up, any EUAs (India?) and beyond...
Sparky, from April 6th, I’m buying £7k shares in new ISA and selling £7k from S&S account at same time. Then when the money clears will repeat twice, til new £20k ISA allowance is met.
That way I won’t risk being out of SNG at any given time.
MF quotes this "City analysts have forecast that total revenue for 2021 will be around £150m, some £47m of which will be profit". Where's that figure come from? If it's approved before June, there's a potential 600,000+ units to sell for the rest of 2021 and they'll likely sell for quite a bit more than £250 each.
Hew. This shouldn’t be all about deaths / non-deaths. There are going to be a hell of a lot of people with fxxked-up lungs and other organs due to Covid. This is the big issue that Isn’t being talked about.