Member Info for HarChris

I’d give your take more credibility if the switch in discourse from STS to SGC had happened with plenty of 1b data in hand, but it didn’t, it came from the heavily pretreated 1a cohort.

That to me suggests that the signal from 1a has left management certain that SGC will be approved and it’s really as simple as that. Given one indication that’s likely to be approved and one where it’s near certain given the low hanging fruit they’ve pivoted to the latter.

In other words I imagine they still expect great results from STS but the heterogeneity makes it that little bit more risky and they are playing the percentages. The change in focus months ago tells us nothing of what the 1b data will show so there’s every chance that it *is* going swimmingly now, at this stage.

Even if it were a lifestyle company it’s one where one of the world’s largest miners is taking on all the risk and cost to attempt to discover billion dollar copper deposits with said lifestyle company eventually retaining 20% of the value of discoveries.

So whatever you want to call it there is potential for massive outsized gains to be had from this low valuation.

The big holder on here (CLSK) sold a good chunk of his GRL to buy the bitcoin treasury company Coinsilium.

Selling here around 0.9p to buy COIN at around 5p - the latter a month later is 31p.

Well done (not jealous at all!) and hope some of it finds its way back here if we get some good news.

They are sells, evidently. Nobody is picking up that many shares at 31p over the past few trading days.

Personally hoping it’s still Heights offloading.

That was very funny rob, bravo!

Well seeing as the time in which Anglo have to sink $24m into the ground is narrowing it can be assumed that the pace of drilling will be picked up at some point, most likely this drilling season ie now.

It *is* essentially the same as them buying shares. Let's assume instead they took a full salary in cash from the start and then bought shares on the open market... well that money would have needed to come from somewhere and so it would have meant more shares issued at each placing, so you end up in a similar place to them just issuing shares directly as remuneration.

Well the big seller appears to be out, whoever that was, and now it's a fair tussle at this 0.6p level.

Might build a little from here with the gold backdrop improving further.

I'm not ignoring it, I'm recognising that they've pivoted given the circumstances.

I don't see it as a negative that they've come to learn how much quicker and simpler it will be to receive AA for sgc and fast track approval than STS, unlike you. If they had totally sacked it off I would agree but it's still being taken through 1b.

No, you've just totally ignored the point about PFS. It is a much quicker and simpler option for gaining accelerated approval and with limited resources that is the sensible thing to do.

It has nothing to do with whether or not it's the 'holy grail' or whether it will in time prove to be a far better option for STS patients than the current standard of care and everything to do with investigating it after SGC as the former being quicker and simpler can open up greater funding avenues far sooner than sticking with the more drawn out proof that will need to come with the latter.

Again, no not true at all. Far more to do with the simple fact that demonstrating a greater progression free survival in SGC will take much less time than it will for STS’ 8 months. Surely that isn’t hard for you to understand?

SGC is low hanging fruit for a number of reasons, it doesn’t make it any less likely that ava6000 will also be approved for STS in time but this investment is all about making the best use of limited resources in the short-medium term. Something you’ve also banged on about incessantly.

She really didn’t say that by any stretch of the imagination.

Alsa will soon be a $2B revenue business, I suppose events like the below, despite being meaningful in aggregate aren't significant enough to require an RNS.

It’s a shame he needed to be prompted.

It's because like I previously pointed out a sector only gets wildly hyped once. That was bitcoin miners in 2021, now it's so called bitcoin treasury companies.

This phase will come and go to and at some point it'll be something else.

A 577k buy alongside some other large numbers is either going to be Cosmen or shorts reducing. We'll find out next week.

No one really knows what's going to happen, all we do know is that *if* they go on to eventually hit this 1000 ounce target in the coming months they'll now be generating ~$2.85m per month revenue... total operating costs come in well under $1m per month.

All the while this is still a possibility with just 900m shares in circulation many will hang on in hope like me. If that happens we see 5X in the blink of an eye from here, and if they even get more than half way to 1000 ounces we'll be alright with this backdrop.

We all agree on something for once!

What we can safely say is the fear that some tried to play into this morning following the Israeli strikes in Iran and subsequent oil rise hasn't materialise into a shar price crash - looks like the bottom is in for now pending news.

Mobico is heavily hedged when it comes to oil/fuel, short term oil price fluctuations don’t affect them.