Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Agree with Oak that Cizzle quoted £100/Test and this was against a competitor with much less Accuracy (Although our Accuracy is not yet corroborated). However / Since then we have had Global inflation. So I would say very unlikely to meet that £100 Target.
I find it bizarre how Allan states “and other Cancers”. Comes across as if “Other Cancers” is just a sideshow. It’s MASSIVE if they can apply the mechanics of Ciz1b Test to other Cancers inc Breast. So I think this has a lot of potential. Hey / They’ve started with the Highest death rate in Lung Cancer.
Should Allan ever name and be more specific on the “Other Cancers” then that would be tremendous in terms of potential.
No RNS for coming up to 6 Months..
It’s typical of the MM’s not allowing a Free Quote beyond 150.000 shares. Only 1 Trade over 150.000 since 9:45am this morning. It’s hardly a Free flowing Market is ? It will certainly Flow free if they can give good news on Working Capital / coupled with a production start date. Don’t want to say too much beyond that.
Whoever Buying and Selling / to me it looks like they are Accumulating. It took a Net 2 million to go from 2 to 2.5. Someone with Level 2 would be well served Noting every trade over 2.5 to see what Net is required to take it to 2.75 and then to 3. No need for excitement yet as Allan has not laid out Working Capital position. Either way if it’s 2 million Net to move this every 0.5 / then that’s absolutely very little. GLA. LT holder here until the end.
One reason for the multiple buys and sells capped around 250.000 is that the Investor could probably not get a Live Quote if he/she/they wanted say a net million. And with there only being 2 million in the pot 2 to 2.5 / surely all set for take off on any good news ?
Market behaviour was a proven concept yesterday. We know 2 million Net Buys takes this to 2.5. Repeated again today. Beyond 2.5 we don’t know what’s there yet. Interesting. Cannot see it breaking 2.5 / 2.75 until Allan confirms Working Capital position for next 12 month.
Between the Team they hold some 48 million Shares as Options so I’d say they are all well placed and aligned with achieving a successful conclusion. Allan on a cool 14 million and Dawn 17 million ? RNS back in March 23 off memory.
Personally I’m ok with CEO not buying on open Market as he remains solely aligned via his Options.
Also regard dealing with Cancer I think it important it remain that way - Conservative approach to Shareholding by CEO ie : Just via Options / to buy on open Market could lend itself to skewed decision making regard deals and self interest / where as as now it’s all aligned to the Company outcome. Just my take on things.
He holdeth no shares. IMO Allan is purposely not communicating with the Private Investor. Only the bare minimum via RNS. Following advice from the Americans ? Radio Silence. The Significant Shareholders will be communicated to regularly. So there is a split.
Looks to me like a Day Trader who saw opportunity after 3 month decline to purchase 2 million and probably end up retaining 1 million of it by end of the day. Net profit around £2/£300 Good work imo esp considering the spread.