Member Info for Isthisawinner

Under the new management team, and with cash on the balance sheet, we have seen a significant improvement in customer confidence. The pipeline of opportunities that are at advanced stages of discussion currently stands at a healthy £3.3 million across 28 unique projects (subject to commercial and scientific attrition). Since the completion of the refinancing, we are encouraged to have added 128 new leads to a growing pool of opportunities which gives management confidence that significant orders will be signed before the 2023 calendar year end.

Is looking more like Metro Bank....desperately seeking finance instead of pumping oil from the ground.

A positive, lights get kept on for a while longer...

I'm talking about Mast, don't understand your reply

The writing is on the wall, Mr C has fooked up again ...total disaster !!!, can't say I ever seen another company announce so many deals/partnerships only for them to disappear with no real explanation. Anyway, what now for Mast ?, I'm guessing bankruptcy due to lack of funds, happy to hear other views..

The can just got kicked further down the road and possibly into the tall grass never to be seen again..along with all our other cans !!!

How long is a piece of rope..."expected around the 21st"

Copl's share certificates are digital and not old style paper, half the amazon forest would need to be cut down to make the paper for them...lol

Looks like a placing been forward sold....just my view

And yawn again...

Tombil......come on, you know its not going to come this month.

Beware.. of what ?

Just makes you realise it's not all about money, enjoy life while you can...wishing a speedy recovery to our new partner...gla

As I posted before, they needed money now or they would run out, the placing mentioned below was last August....do the maths

The following statement is from last year after the last placing.

The net proceeds from the Placing will be used to strengthen the Company's balance sheet as partnering discussions progress and provide working capital to continue to develop the Company's portfolio of early-stage, high-value small molecule programmes. The net proceeds of the Placing are expected to provide the Company with at least twelve months cash flow.

Stop with all the waffle....nobody willing to fund them, so a fire sale on their lead drug.. just my opinion, sounds like your happy with the smoke and mirrors, good for you.

Yep, sold for beans...

The most advanced drug they had and sold it for little more than the grant Indivior got, this money will be gone by next year and we'll be back in the same position....

Not a good deal by far...

Whatever you say about LC, you can't say he isn't consistent......he's forever giving timeliness theat he never meets.

Will LC come up with the goods this time, lots of false promises up to now....guessing an Rns after hours, no point drawing it out till Monday...gla those still alive.. lol

It's a scam if it doesn't re-rate on completion of the first phase as Mast will be seriously derived, gla