Member Info for fundraiser222

We also have the farm in wildcard and the Italian license news thrown in for good measure. Taken 1m shares and fully expect to be harvesting them above 4p one way or another it’s a very safe bet imo risk reward is second to none

Here Friday and a few more today, happy to let them run for the various drilling campaigns, a sniff of oil and the gbp mcap bags a few times very quickly imo given its strong cash position and CPR numbers

I sold and am giving my reasons for doing so no agenda at all. I expected better efficacy than 4 out of 20 patients not having disease progression, and feel with full results not until the end of the year it will drift back to where it came from. Be wrong of me to sell out while pretending I am positive on the results when I am not. If you are positive about the results I wish you all the best and don’t wish to trash a share I have a deep knowledge of as you know but I am within my rights to express my disappointment average results don’t cut it in this market there is too much competition I’m afraid, last post from me now on Evg GL all

That was the interim breast cancer update, 4 out of 20 patients had no disease progression after 24 weeks which is the trial end point, so a 20% efficacy rate, as the results say it’s encouraging but not particularly exciting imo anyway

Trial results arnt for another 7 months, not a chance most aim traders will hold for 7 months

Starting here, the results are encouraging but not particularly exciting imo but then again I didn’t expect them to be what some were building them up to be. I sold half my holding today as a placing will be required imo and no more trial news now until the end of the year at the earliest will see the price drift lower imo. Well done to all those like myself who got in at 13p nice bagger for us

Not a chance no, can prem meet these requirements in the final results reporting? “Going Concern These consolidated financial statements are prepared on the going concern basis. The going concern basis assumes that the Group will continue in operation for the foreseeable future and will be able to realise its assets and discharge its liabilities and commitments in the normal course of business.” I will be interested to read the going concern statement

Agree prem will have to be suspended on 30 June 2018 if they don’t release the final results for the year, they will make for grim reading imo all that cash raised and yet they don’t have any left! Could be a very sorry tale here if they get suspended on 30 June will they ever return? GR has already guaranteed himself the ARCM shares if they do get suspended quite clever really

They won’t license after a bit of interim data they will want to see the full results at the end of the year, a small placing is all that’s needed to complete shouldn’t be a problem

The interim breast cancer data will most likely be released towards the end of this month, it’s final results out on Wednesday think some are getting a bit confused

Looking good, will need to raise funds though to complete the trials as 300k cash burn a month and will only have 2.1m left at year ended March, don’t expect it to be a big raise though

No just admin costs the full year loss was 3.5m, They will have to slash the admin costs imo and that starts with high wages, apart from that the rns reads well

All good apart from the ridiculously high admin costs of $2.1m a year, these will need to be slashed if they get a farm in partner as it is too high for a company of this size, if they find oil then it’s justified

Once funding for drilling is secured it will be interesting to see the well target numbers. 75% working interest so let’s say we farm out 40% of that to a farm in that’s 35% net to rose on hopefully a 30m bbl target so 10m bbl net perhaps to rose which is excellent considering the tiny mcap. If they do a $8m placing to fund its 75% net so either option is attractive imo but obviously farm in would be preferable

Certainly looking rosy, patience required though for the real gains once funding for the drill is secured by placing or a farm in $7-8m required to fund drilling a well this is a 6 month trade for me. Obviously a farm in is preferable over a huge placing but let’s see a placing wouldn’t be a disaster if it was done higher

South your time is better spent researching a share you are interested in, or short rose if you think it will drop, nothing positive comes out of moaning trust me life’s too short it all goes back in the box so enjoy love and take risks as one day all wealth any of us own is lost

Too many to list but my best short term tips I always put on twitter, this game is all about helping each other and sharing ideas

Very nice but not unexpected to see this rise, once you know what to look for this game is fairly easy to pick winners and make a very good loving from. Built my position now I wait for the bumper harvest

So many sellers, clearly some placing overhang to clear but shouldn’t take too long to clear imo

Looks like a farm in could be close... CPR imminent will re rate this imo can see this bagging when the CPR lands especially with interest building