Member Info for jam2morrow

If it was nailed on then surely sp would be higher @ Jonesy ? what's this worth with full approval ?
From what I can find on internet: re-submissions will be designated a class1 or class2 status or they can be thrown back straight away if deemed not to address issues. Class 1 re-submissions will be acted upon within 2 months ; class 2 re-submissions within 6 months. So @Waydans post below would seem correct. POLX would surely have to notify us how the re-submission has been classified ......does that mean we would then have a fixed decision date or does that mean that the decision would be within that time frame. I suspect we are looking at Sep/ October before a decision is given

'expect to go to £1 before FDA decision' - agreed, but we don't have a date for the FDA decision. The first submission was different because there was a provisionally fixed date of 5th October and so investors/traders had a timeline for their involvement - the historical price action is there for all to see.
It is possible that a decision comes out of the blue in, say, 3 months when sp is still at these levels. . Its difficult to call, the company seems to be pretty watertight news wise (no price changes prior to re-submission date) so not likely to be any clues. It really depends how confident you are on approval. I think a lot of people will be investing after approval, and not before.
Cash position I would think is good, but they were hiring marketing and sales people on expectation of approval last October. I am quite confident no cash call before any FDA decision though.

£66k sold vs £0 bought today, probably not totally accurate. Trickle or river @PJ, Its not just my feet getting wet, I'm deep under water !

info on this site here: https://www.lse.co.uk/news/in-brief-first-tin-to-list-on-london-main...
Will be developing mines in Germany and Australia. EMH's cinovec project in czech rep is a planned Lithium mine located on old Tin mine and they will also look to sell both metals.
How long before the cornish tin mines start producing again ?

Timely mention for the potasium sulphate by-product. Potash could become a much more strategic asset as Russia is/was a big supplier. Not sure about the hydroxide route because those batteries will require nickle/cobalt /manganese for cathodes which could cause price and political issues; whereas carbonate could be used with Fe cathodes. This is my understanding and welcome any more knowledge on this. I've said before, but roasting process energy requirements will take some skilful planning with the current Russian situation

re-submission due this month? do u have inside information @Dulyred ?

will certainly be an issue @bnzltn. Will they revise/re-engineer roasting process to step away from gas? The only positive i can take from it is that countries will see more need to source local raw mats, and not rely on supply chains thru China and Russia.
I understand why Merkle wanted to step away from nuclear, but to be so reliant on Russian gas was not clever

Amati fund manager Paul Jourdan speaks to vox markets quite regularly. Here is latest you tube:
https://www.youtube.com/watch?v=0nJJIpsI9Uo
they've taken a big hit with the crl and talks about it here from @30mins

go ATM ! looks like sp could be a bit volatile short term.....stand by my 10p or more sometime this year tho'. I have few worries on this one medium/long term

and again 5mil ......TR1 please

the kit is good and continues to be used but the FDA most certainly do have issues ! How much they are being finicky bu##ers and how much naivety was shown by our bod we probably wont know. It wouldn't have hurt today to add some sort of holding statement to the RNS......'we are progressing with our resubmission of the NDA .....etc' or perhaps i'm being naive as well

was posting the other week about the big trades that pop up from time to time. I think 2 lots of 2Mil and one lot 3Mil ;and again today, dwarfing volume and yet no sp movement. My reasoning for this: they are arranged trades.... ie they are not dumped onto the market buy or ask, but instead arranged between two parties. So in effect they are buys and sells ? Happy to be corrected on this and also note abscence of Tr1's

i had them down as sells @copper.....and noted that they had only pulled the price down slightly. Not a lot of action here but also not uncommon for large trades to pop up........which seems a bit odd

I'm guessing you're a BMN holder @audio ! It's a good call but there has to be a reason(s) why redox flow is lagging behind. Efficiencies for LI are better on small scale but become less so as size increases? I'll do more research, but most of what i've read has been partisan towards one or the other.
I would say that there is an awful lot of lithium on this planet, it is one of the more abundant minerals. The problem has been that there has not been the will or the vision to get the stuff mined and processed (apart from by the Chinese maybe).
There was a reluctance to finance lithium mining, now they're playing catch up. Redox flow still seems to be in the reluctance stage for a lot of folks

Was July last year. More a case of where tho'. Durham County North Carolina. This is really more of a US company than a UK one, hence the FDA route to approval......unfortunately

@EV- from the TRR RNS:
The Royalty applies in proportion to Bacanora Minerals Limited (Canada) ownership of the concessions comprising the Sonora project, including to La Ventana (Concession No. 235611), Buenavista (Concession No. 235613), El Sauz (Concession No. 235614), and San Gabriel (Concession No. 235816), as well as a 5km area of interest.
El Sauz is part of the JV areas.
This Trident RNS has been the most definitive info on the subject and more specific than anything BCN or KDNC have provided. Can we assume that El sauz 1, El Sauz 2, Fleur and Fleur 1 have no royalties over them ?...... maybe. I suspect nothing will be absolutely clear until a final court ruling

''The method, development and clinical applications of hyperpolarised xenon MRI was pioneered by Professor Jim Wild and the Pulmonary, Lung and Respiratory Imaging Sheffield (POLARIS) research group at the University of Sheffield. The team performed the first clinical research studies in the UK and the world’s first clinical diagnostic scanning with this technology.''

The media coverage I have read/heard doesn't mention any organisation by name, but dig a little deeper and Jim Wild's name comes up, along with an EXPLAIN study into long covid at Sheffield, Manchester , Oxford and Cardiff.
POLX are involved with studies at Oxford and Nottingham i believe

Yes Bob, discussion about this on KDNC board. Its complicated, because ''the buyer'' is Sonoroy holdings. It looks to me as tho' Sonoroy holdings has been set up by the COE Estate and TRR (50/50). The Estate will hold their half thru a company called Marmottes Capital.
The Estate has always believed in the value of the Sonora resource. I guess this arrangement gives them access to monies 'up front' if the courts rule in their favour with the appeal. It will mean Trident pay them $25M by the end of 2023 (if I've understood correctly)

Now I've had time to read thru properly: Sonoroy Holdings looks like its been set up by the COE estate and TRR; the estate will hold 50% thru Marmottes Capital Ltd and Trident the other 50%.
I don't know about Colin Orr Ewing, this is more like J R Ewing !
The good thing for Cadence is it shows there is third party interest in the resource.
The bad thing is that a Royalty is very different from a JV that could be many years off being mined and would/could be subject to toll treatment. If TRR are prepared to pay 25M US for 1.5% royalty can we infer a value of Cadence JV areas?.........tricky.......but this Trident buy in has to be a positive for KDNC.

@Barksy - Absolutely he should know. If Sonoroy are paying $ 52M then u would assume they knew what applied to the last square metre. If TRR have RNS'd those concessions and they're saying El Sauz is included then he should update us ?