George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
30p end of day
Check this out!
Bachem AG - a huge Swiss pharma attending IMAP 2019 at the end of August will be talking about LIBICORE!!!
Partner? Results have to be signed off and confirmed before this would be possible
boom incoming!!
Production will commence with Licence approval... This is what we are waiting for. Its never a year away.. Just weeks
With the success of Russia'a Licence, The US & EU will just be a formality. See Note from Biorasi recently.
Boris Reznik, chairman of Biorasi added: "We are very excited to begin this project with Ovoca/IVIX. Their BP-101 drug candidate has shown promising performance in clinical trials so far, and we believe there is high potential in bringing it over to the EU and US markets."
MM's Games after yesterdays rise. They need to balance their books. Anyone that has read and digested the news of the phase 111 trials can not dismiss this is a massive change to OVB. From R&D to now a full production company selling its products to 10'M's in a Billion plus market. This product is huge for them. Russia is exceptionally hard to get approval and they have.
With their Licence granted, You can not dismiss a multi-million buy out.
OVB already have over £16M in assets which does not include this product. A M/C £25M-£50M on News
Anyone experience missing posts ?
Looks like overhang gone with those 2 huge sells 1.05 M & 750K
Fireworks tomorrow if this is the case. MM's may open this up to 12p if confirmed by mornings RNS.
I diffidently would't want without share at this price.
copied from Adfvn post sep800
Asset Cash Value over £76M
Owner of the 3RD Largest Diamond Mine in the world
Revenue £150M - £200M to 2021
Debts all under control
CEO Buys a few weeks ago at 21.6p per share.
You really think this is going BUST !
The CEO knows what's coming hence why bought .... Simple
Once ROWE has stopped selling ( Imminently ) this will be back to 14-16p then 20p plus
on next news
AT are so unpredictable, Stops and limits being constantly taken without any consideration how far they will drop or rise.
One thing is for sure this level is way overdone. I expect further Rns due soon and wouldn't surprise more Directors buying prior to News.
CEO will re-confirm with positive news regarding its current status. He has already confirmed excellent Turnover for the first 6 month of which were ignored after this huge drop to 10p from 20p. Remember he bought recently at 21.6p days before the drop. No CEO/BOD's would buy at this level unless positive transformation news will be released in due course.
I would expect this news will come much earlier than expected hence why the constant AT grabbing as many shares as possible.
Expect this news very soon and as we witness the other day, Good News locked everyone out and re-rated from 10p - 12.5p in no time. Next set of News this time be straight to 15p plus.
The Diamond market has being hedged down for a while, Now with tight squeeze from limited supplies being released to the markets as De Beers & Co. control the market supply, We will see a reverse in Diamond value.
Some info for the markets to wake up too.
RUSSIA - Once the filed licence gets the approval, production will commence. This product is massive, can't see M/C at this level for much longer. Only 81.56M shares in issue. Even at 30p that's only a M/C of @ £24M. Plenty cash in the bank too.
EU & US - Boris Reznik, chairman of Biorasi added: "We are very excited to begin this project with Ovoca/IVIX. Their BP-101 drug candidate has shown promising performance in clinical trials so far, and we believe there is high potential in bringing it over to the EU and US markets."
In case you all miss this from the CEO last Rns
Letter from the CEO:
28/06/2019 7:00am
UK Regulatory (RNS & others)
With the successful conclusion of last year's acquisition of IVIX LLC ("IVIX") and the re-admission of the enlarged group on Euronext Dublin and the London Stock Exchange, the foundation was put in place for establishing Ovoca as a recognized developer of novel therapeutics for women's health, especially in the area of sexual dysfunction. Our colleagues at IVIX continue to build out our successful BP101 program, which you will have seen in March 2019 comfortably exceeded the efficacy and safety hurdles in its Phase 3 trial in Russia. As a result, we are now preparing to file for the drug's marketing approval in its first country, the Russian Federation, and actively pursuing discussions with potential licensing partners to commercialize there.
Weak sellers never learn ! Licence is Imminent for Russia's supply to commence production. Trail phase 3 is not required as the testing was so positive that it was not necessary to continue and Licence to be granted on this basis.
Read the RNS... appears to many not digestive the news correctly.
Re-Cap....
Go ahead for the Russian market for full production, Just awaiting confirmation of news as no more testing required.
Russia's market is huge.
US & rest of Europe will follow suit in due course but the main positive here is Russia. This is one of the hardest Countries in the World to get any new product approved and OVB have been given the go ahead.
As mention previously these 25K batches are being accumulated, MM's forcing the SP down whilst mopping up
Again you're given another opportunity before news but buying can be difficult at this level.
I still believe huge upside on news.
MM's were caught out heavily yesterday, Sp was 10p previous day and making up the difference of avg 12.5p they are keeping this down to balance their books. Once this has happen which could be at any time then we see the next rise 14-16p before making its way back to 20p plus.
Yes possibly, The 25k & 50K sell batches are either stops being taken out for limit orders to be filled or we have a seller.
Either way its good for liquidity otherwise there is no market.
The crucial element here is those that understand the huge impact on the SP when production news is release for Russia, The SP will re-rate without any notice. Take this opportunity to buy on the dips if you can. Otherwise this 10 -12 p scieno won't last.
MM's forcing weak sellers to accumulate shares in a very limited supply.
Buy, Hold and see £25m-£50M re-rate on next news
Well all buys today including 10.45p. Was the MM's taking out portions to fill these ? Hence the price drop.
I still stand @ £25M-£50M for Patent rights without reservations.
Markets at their best. They knew the companies last RNS had areas where the median a and broker took advantage.
This morning's RNS just clarifies the drop from 20p to 10p was orchestrated. Sorry for whom all sold and even all those positioned MM's took out. Shorters now panicking as this unexpected news will see us back to 15-18p very quickly.
Well done all those that believed in PDL and took advantage of this scam
25k batches being sold again.
Bought in today after over reacted drop by the mm's. Asset's if needed to be sold outweighs the current M/C.
This is certainly value for money and would expect sp not to last at this level for too long.
Recent Director's buys at 21p should give a clear indication the companies was good value a week or two ago.
I be surprised not to see the sp back to 15-18p until further news.
The drop in Diamonds are always for a reason, Shut down/Slow down production = Short stock = Prices increase.
Nevertheless drilling has started and Majors will be in negotiations as TOM proves its method. Only a few weeks before confirmation so not much time left to conclude a contract and value for Tom's patent method
Quote
Further to the Company's announcement of 4 July, the Company is pleased to announce that the Field Test is running to schedule, with drilling works having already commenced and the Field Test team is due to arrive on site next week ahead of commencing the live testing phase of TurboShale Inc.'s RF technology in early August.
Andrew Jones, Chairman, commented: "I'm sure shareholders will agree, this is a very exciting time for the Company. I would like to thank John and the team for all their hard work and we look forward to providing further updates over the coming weeks as the Field Test progresses."