Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Holders may do well to be cautious in terms of expectations on 1st June comments by Boris, this may refer to the antigen side of things rather than the antibodies. Either way, i'm confident Design Freeze is soon
You're welcome AJ, agreed, 2-3 weeks and we'll easy be in the triple digits for the SP.
You mentioned in youre post 'albeit they are ahead of schedule' - where was this coming from if you were not aware of the June reports?
additionally in communications with Shareholders Omega has mentioned Design Freeze itself is measured in weeks, not months
June timeline is from these reports:
https://www.bbc.co.uk/news/uk-wales-52510194
https://metro.co.uk/2020/04/29/antibody-tests-ready-month-12628756/
have been better*
thanks for your responses, even though it would have been had they come without the smart ass comments to accompany them. i'l evaluate and take it from there
ATB
PS. not everyone that questions value or investment case is a de-ramper
lol taf, as i said it was a genuine question as im looking to take a position, not much to deramp consideringits already 33% down fromt he friday high so if 2/3/6/10pm predicitions are all truethen even current levels would be a great entry, but as i said, *IF* its worth that much, which is what im trying to work out if you guys would address the points raised in my post
Adam, that was 11% of 75% and plus it was in CAD not GBP, you need to do the currency conversion, ive done the ccy conv and detailed what the % equal when taken as a %age of the 75% rather than absolute values in my message
thats all well and good and i did say i was for simplicity saying all G11 was, was Stonepark (obv its not) but bottom line is, Glencore bought 26% of Stonepark from G11 for £1M
faze, glencore valued what was in the ground aswell and then paid what they thought it was worth, and they paid less on friday than they paid in november - 5 cents a unit vs 12 cents per unit in October (mistake i said nov before)
adam - from the group eleven website in its news release section, link to it is on fridays rns
lets, for simplicity, say the entirety of Group Eleven is their c.75% of Stonepark project (its not, but for arguments sake).
glencore bought 11.6% of the 75% thus 8.7% of it for £585K in November and a further 25.4% of the 75% thus 18.75% of Stonepark for £439K (less than they paid in N£1ov). This brings total ownership of glencore of the Stonepark project to 26.5% for £1M.
ARK own 25% of it thus at the same glencore valuation ARK's share is worth £1M. If the recent uplift in SP is due to the glencore investment and last week the entirety of the company was at 0.5P a share, why is this now worth 10P a share? At 1P its worth 2M, StonePark is worth a 1M, thus at 1P a share, the price is covering all what glencore paid for the same amount plus 0.5P for the rest of the company which is more than it ws valued at prior to the glencore RNS.....
Genuine q....looking to get in so if anyone can elucidate would be great
Yes, an antibody blood test
Excellent points Dibs.
Bottom line the Professor from the ONS said it was an antibody blood test developed by Oxford University. The Abbot test is clearly not developed by Oxford Uni so it, even if adopted, by the UKG, is not what the Professor on Sky was referring to.
Unless someone can point to another antibody blood test developed by Oxford Uni, the test mentioned on Sky today can only be that of the Consortium.
the video was posted on youtube the 6th of May
Typo. Either way, not long at all
Thanks for sharing Dibs. And for the testing to be rolled out by June it means manufacturing must begin BEFORE June and for manufacturing to begin it needs Design Feeze, and with just over 2 weeks to go till June and the tweet only being 2 days ago, it means highly likely that if Design Femreeze has not already happened it is imminent, meaning so is its announcement
Closettrader,
aside from my earlier comments on why I think they are moving to home trials because their hospital trials have not delivered the result the other thing that concerns me is what you point out here - *when* they start showing symptons. If 24-36 hours is enough to make it 'not ideal' in the words of the company, then what to say of the *14 days* it takes for symptons to show up.
An individual will only know they are ill once they have symptons and it is known that Covid19 has a 14 day incubation, I do wonder if that 14 days is also a time period that is also too long to make it 'not ideal', the 24-36 hours certainly is, according to the company itself...
Crl123, appreciate your honourable comments and wish you the very best with your investment.
Far better to have a balanced board with reasoned opinions on both sides that allow one to truly evaluate their investment rather than just outright ramp/de-ramps/abuse. Personally quite surprised at the behaviour on here tonight, like a pack of hyenas
Goodnight
Oil, you're giving me investment advice? To sell?
I'm OK thanks, as I said I've derisked but maintain an interest here and the best way to ensure my conviction in the stock is watertight is to interrogate it with the bulls on here. If the thesis stands then I'll keep it or increase, if I don't get satisfactory responses then I'll hold and run the punt or reduce further. Simples, but for the time being, either way, I'm staying here :)