Member Info for HarChris

If you're talking about me I don't post on ADVFN, never have. Perhaps this is why you seem to hate me so much, you assume i'm some poster that you've previously had a run in with?

Take the LFT home tests for example. If you signed a contract for them in the full knowledge that they were going to be fairly tricky for everyday people to use correctly and it turned out to be the case that it therefore led to a high percentage of incorrect results you could easily argue that the tests, in a real life situation, failed at an unacceptable rate but that wouldn't lead to a conclusion of breach of contract most likely,, it would mean that the buyer essentially made the wrong call on the user's ability to follow the instructions correctly.

Those that have been saying 'if the copper price is relevant to ARCM why isn't the share price rising?' hopefully will have the integrity to admit they were wrong and shuffle off quietly rather than find a new narrative to bash.

It moves with the nasdaq and nasdaq just broke an all time high.

It's certainly not performance related - they just announced a $13m loss for Q1 with V now 10% lower than their average sales price in Q1 so heading for an even bigger loss in Q2... but they remain solvent and ready to benefit when V does eventually turn.

I don't think it really matters. If novacyt win the court case and the government appeals all it means is that the threat of being wiped out by this dispute is all but over and the full knowledge that eventually the payday is going to be even bigger.

In the meantime they'd carry on with the ample millions they already have in bank.

MLE clarity is a biggie in the short term but just getting to the July quarterly update will give a huge boost - we're talking 25000 ounces at $1100 aisc max (Naira devaluation helping here).

That's a clear $1100/oz margin for Q2, possibly as much as $1250/oz margin average across Q2 if this price of gold holds up... the cash being generated is going to turn heads, possibly close to 25% of the current mcap in ONE QUARTER!

Forward p/e is close to 1 now...

He didn't need to say anything at all, he chose to go out of his way to try to convince me that all was well behind the scenes by stressing his strong relationship with both Christian and Murat only for them to both (Christian as Optiva CEO) resign a few weeks/months later.

That's at least a bit embarrassing.

What I don't quite get is why would JW and Arun care all that much if the reports really are inaccurate and they are close to agreeing finance? Why such a dramatic post like I've just read on linkedin? The share price is, in a sense, an irrelevance in the intervening period if all the funding is coming via UKEF ?

Thanks. Was surprised to pop on here and see that random attack that appeared to come out of the blue.

Likely mental health issues from the poster in question so I shan't respond and make this board any messier, especially as it drives BBNs quality post further down the page.

'The fact TGR sacked Optiva is damning!'

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Could you point to where it says that in the recent rns?

Actually Shishir went to great pains to point out to me personally a few months ago that there was a good relationship still with Optiva (and Murat) by pointing to the images of them together (Christian, Optiva CEO) in Madagascar... a week later Murat resigned and then recently Optiva resigned (or sacked in your made up world).

Anyway that posts aligns with what I was saying on here a few weeks ago - all those NEDs resigned including a founder and family member for different reasons to what was shared by Shishir / TGR at the time

Saluc, for once try and actually engage rather than throw the conversation off in another direction.

If those are questions from Hemant then they are very damning wouldn’t you agree, considering he is the cofounder of TGR and part of the concert party alongside Shishir?

As for being part of the group I don’t think Hemant is unless you know otherwise? It’s difficult what with being joint owner of all those millions of shares with Shishir…

Everyone should be asking the same question: 'What mistakes have you made over the past twelve months and how are you going to rectify them going forward to win back trust of the market and investors?' because unless it's clear he understands how poor the performance has been under his watch and what a seriously steep downward trajectory TGR is on there is no chance of anything being done about it.

I'm pretty confident his response would be to talk up all the amazing progress and positives and then to say something like 'but it's never enough, we stride to do more, to do even better'

Great to see and looking forward to this next Thursday alongside the full year results: https://www.lse.co.uk/rns/NCYT/notice-of-results-and-agm-edp2q6eb4jbh3ju.html

THX doesn't have any tax to pay for three years so for every $100/oz gold rises as a 100k oz producer THX generates $10m additional free cash flow. If that price move holds for the three years that's $30m for every $100/oz gold increases.

Market cap is only $125m so each $100/oz move if it holds generates in cash almost a quarter of the current valuation!

What takes it 'up to say £3' is speculation of a TO offer, something that *will* grow and grow as Avacta progresses through the next six to twelve months. It took the share price to £1.65 last year despite the full knowledge that a takeover during P1 is rare and that funding was going to be needed within six to seven months.

The placing is still fresh but as distance grows and updates start landing alongside that speculation will once again force those on the sidelines to take a position so as not to risk missing out if TO news suddenly lands, especially as there is now no risk of being caught on the wrong side of a sudden placing/refinancing.

Yanfolila's production is largely hedged/collared due it being just that bit higher than 15k oz so HUM without Kouroussa sees no benefit from this sky high gold price - Kouroussa performance through Q3 and Q4 is make or break.

Exactly taufour but that just shows now, with hindsight, that six months ago was ‘sell the news’ time and today is the opposite, time to buy in anticipation for news flow to ramp back up alongside an improving tin and lithium price backdrop.

'Trouble is "improving" could be be from a place where its not very effective to a place where its just a bit more effective'

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You're implying that's a negative and yet 'a bit more effective' + vastly reduced side effects makes it SOC overnight...

March 12th two purchases by Lincoln More are announced, 500K followed by 1.16m. Average ~1.55p

April 15th one purchase by Aristide Achybrou announced, 1.1m shares. Price ~1.3p

Entering closed period with full year results expected within six weeks. Cashew operation signalled to see material improvement in volume and quality once shelling and peeling equipment arrives in June.

Hopefully we are close to a turnaround here.