Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
I think they have been a bit anti rampy with this rns - the detail of the good part is almost hidden and you have to do a bit of reading to decipher .. I’m sitting on a small loss now - wrote these of until the next RNS and intention was to bail out as beennunderwater since the day I bought in .. but that RNS alongside the cash makes to hard to ignore .. It’s just so illiquid so I won’t chase it up..
Also - Couldnt MAFL now include the 5% Rights into thier portfolio NAV calculations? Even on old NPV numbers the companies NAV would now be pushing past $20 million or 60p a share and that could double+ with those drill updates
Or have i got this wrong ? its been a while
with $2.5million coming in this month and 5% rights over an asset that is going to have an NPV subject to a significant upgrade.. which at last count was be worth $14 million net to MATL but could push anywhere from $20-$40 million + on top those drill results .. six months doesn’t look to bad for a 5-10 bagger.
just trying to work out in my mind what this is worth, i thin ki may wee add if this drops down as its very cheap and can just sit back and wait for the updated resourse and FS
yeah .. you cant buy anything
Woke up with these today been in the bottom drawer for a while .. I think the NPV Lagoa was approx £340 million as of last results, but as drilling has gone so well .. I assume much higher , so 5% would make this a multibagger and its still trading belwo net asset value anyway - see below
fter the end of the period under review, Redcorp and Ascendant secured a mine development permit agreement from the Portuguese government. In addition, on [date[ Redcorp and Ascendant also completed a second PEA indicating that the Lagoa Salgada Project has, based on 100% ownership, a pre-tax NPV(@8%) of US$341.6M resulting in a pre-tax IRR of 68.2%, with a 1.3-year pre-tax payback based on its planned 14-year life of mine (see announcement dated November 8, 2021)
Im pretty sure it wasn’t sell- when the bid was 20.3 -20.5 I could sell my entire holding online - something was up. It’s always worth testing the limits of you have the cash or a larger position ..not one for mm manpulations etc etc - but how can you be 10% down with more sells and they willing to take 50 grands worth above bid .. CEO bought today also
AT this point in time i agree - willing to take £46k in one go ..
It will be what it will, the sp could spin on a sixspence in either direction.. after such a big move last week
Evening
I think after 4 days sp is looking very strong .. volume droping , but i kinda get the feel that these churs are finding home.. sp is above the closing price on Weds it looks good to me .. a good sign a solid news
GLA
I think they are valid (if somewhat repeataivte) questions and from what we have read fromHW the answers are going to be robust ..
Morning - I had a gut feeling that it would be spiked down this morning as per 99% of AIM 100%+ risers, but market keen to take the shares and looking very strong. the fact that its even the slightest bit blue is very poisitive. Im sure there are lots of lurkers waiting for a technical move to buy/add so will be an interesting week.
That assumes the large player are all aligned and not a competing force ..? The increase in stake look more like protectionism to me
Morning - is the news this moring that Glencore upped its stake from 9% to 17.9% as part of the placing an interesting development? - or was this already anticipateted.. not a holder just researching
orning
Been reading through the back story . One thing that’s clear is , that as great as the ASD is , it was not factored in as anything other than a minor sideshow to the main prospects .. should have an MBC update o. The Manchester studies at any time and can’t help thinking after listening to the presentation that p3 agreement is more advanced than we currently are aware of. I do like the management approach not your usual AIM rampy BOD. Currently worth less than the cash runway.. cheap as chips
Stalicla deal is worth £165 million (Plus royalties in low to mid double digits on sales of SFX-01)
Hi All Worth Reading Stalicas stance on this deal - take a look at thier team also - one thing the caught my eye is the end royalties are over and above the £160m milestones? They are perpares to fund this fully also - its a big deal IMO
GENEVA, Oct. 10, 2022 /PRNewswire/ -- STALICLA SA, a precision neuroscience clinical stage biotech, advancing the first precision medicine platform (DEPI) for patients with Neurodevelopmental Disorders (NDDs), today announced the worldwide in-licensing of SFX-01 from Evgen Pharma plc (Evgen) in neurodevelopmental disorders and schizophrenia, with a first indication for a biologically-characterized subgroup of patients with Autism Spectrum Disorder (ASD).
STALICLA's unique approach addresses a major weakness in the drug development process for NDDs and neuropsychiatric disorders: behaviour is a terrible biomarker. Thanks to DEPI, a proprietary platform aggregating molecular data and human genetic information, STALICLA pushes the frontier of precision medicine further into precision NDDs. DEPI has already reached validation through the clinical identification of biologically defined subgroups of patients with ASD, and their respective candidate treatments. SFX-01 will strengthen STALICLA's pipeline to advance precision medicine for a new subgroup of patient with Autism Spectrum Disorder.
SFX-01 is a patented composition of sulforaphane and alpha cyclodextrin, and the only grade of sulforaphane suitable for clinical research and possible approval as medicine. Thanks to DEPI, STALICLA identified SFX-01 as the best treatment candidate for its second subgroup of patients, ASD-Phenotype 2. SFX-01 in-licensing follows the completion, in early 2022, of Phase 1b for STP1, Stalicla's lead candidate tailored to ASD-Phenotype1, a first subgroup of patients identified by DEPI.
Hi all - from memory of the Jurys instructions - jury will rule on the wilfullness but only apply a value of amount due to nanoco over a model attenpted to be proven by nano but not be concerned with punishing Samsung ... depending on the extent wifull ruling the judge may apply then apply muliplyer
No love lost between these pair now- glad AAQ are gone .. total self inflicted **** up by greedy spivs.. nice to see AAQ go through the pain .. Boom much better position without them
nice small piece of news