Member Info for FreeTheCaterham7

I don't see why low turnover means it's a shambles

That’s listed under "Experience". It’s stuff he’s done in the past.

"I expect to hear of progress made then and a clear path forward at the AGM."
Are significant announcements often made at AGMs?
If the situation has changed before the AGM we’ll get an RNS. If it hasn’t , we’ll get the same vague platitudes at the AGM that we’ve been getting for the last year.

Personally I wouldn’t expect anything significant from the AGM

Not sure if that tells us much

"RMMCL has entered into a conditional DIP agreement for a loan of US$5.0 million with RMM Debt Limited Partnership by its General Partner RMM General Partner Inc., representing certain senior secured lenders to RMMCL."
It looks like the lenders of the keep the lights on USD5.0m are the existing senior secured lenders.

Finance department under Eason Chen completely failed to keep track of the financial situation. They literally admitted this. I am kicking myself that I didn’t sell as soon as they revealed this. What a silly sausage I was.

Grrr. Moon is that you

Mom is that you

"Assume you are saying phone em and try and agree a deal for larger amounts? Good advice if it works for AIM PIs I guess"
If they are any good at their job they’ll find the MM who has the order.
Although my (admittedly dim and distant) memory is that they weren’t much good in my day, and then they got closed down . "My day" was a few years ago though, it’s probably all different now.
MMs won’t care if you are a PI or Blackrock, if you have a decent order they want to hear from you.( Via your broker obvs.)

Who is your broker? If their dealers are any good they should be able to help in larger size

I’m sure you’re right that it’s a good idea to trickle a large holding into a rising market, and I agree that it’s unlikely that an MM took that size on risk. But I think it’s also unlikely that any deal was done directly between IIs

Please. How can it offer huge benefit?

"But I am always amazed, that all day I can test sell 1k shares at 1.51. But according to this the MMs will allow someone to flog shares equal to £1.4M quid at a flat 1.5.....emmmm"

I don’t get what the problem is Strummer?

*build up

How does an anti-viral help with a build of scar tissue

"Mani - Yes the clear message is the business has funds to see through another 12months of trading."
7 months if it only just gets us into Q4

"FTC7 - any guesses re the director of medical affairs job advert?"
After last Feb I’m not inclined to pay any attention to SNG’s hirings. You might say, "surely they wouldn’t do that twice?" and there is something in that, but also we should remember that companies carry on as if everything is going OK and they aren’t going bust, until they actually go bust. . SNG can’t be seen to be acting as though they have no hope of commercialising SNG001 because commercialising SNG001 is all their sole objective.

"Surely by now a specific strategy should have been identified and relentlessly pursued?"

Best bet is that a specific strategy has been identified and relentlessly pursued, but that it has failed. Which might be why we are reduced to begging for meetings at conferences and planting advertorials in SciAm.

"People who chatting rubbish don't have any idea about future of copper in coming years ."
I think that copper has a bright future, but there are no guarantees. Indeed it might be that the current price already reflects the benefit or global electrification and other factors, positive or negative. Lenders aren’t going to stump up based on a bullish forecast of the price of copper.

Our market cap at the price at which we were suspended is £9.0m. We need multiples of that for a secure future. 100% dilution is not the worst case scenario.

It’s not a good look to start defaulting so soon after the agreement is signed. It will make it harder to secure financing on bearable terms.