Member Info for JDF7

Let's see what the remaining assay results show and more widely hint at. And let's see after the second phase of drilling, what plans the BoD moot for the company post-JORC.

Desmond, was there any discussion on BOD's strategy and preferred options for the resource once proved-up?

Anyone going to the investor meeting at 5pm?

I kind of think that at some point the market weighs companies by hard evidence as opposed to being swayed mainly by sentiment and expectations. I hope MILA add more evidence of the resource size and quality and the relative cost-effectiveness of exploiting it to garner the attention of significant investors or bidders for the prospect.

No intra-day likely. Those boys will be in bed now, getting ready for the big trip to the UK over the weekend.

Ade, I remember you got some stick for selling when you did. But on present evidence, you called it right.

I will not pretend to understand the heavy downward revision of the share-price here, just as I could not explain what seemed like massive rises to me after I got in sub-£5 and cashed-out in early last December. Want to jump back in at some point, but not comfortable with wider market risks that may carry SMT lower still in months to come.

I imagine that they would want the outstanding assay results to be in-hand and to have reworked preliminary numbers as they meet potential investors in London next week. But who knows. I added earlier in the week. Lots of patience will be needed in the months ( and years?) ahead

What are the chances that we'll get the outstanding assay results ahead of the meeting next week Tuesday?

Zoom, my reasons for caution are (a) the detailed written judgement, even if positive, may give pause to DHSC and they may want or need time to consider it in light of other things; (b) some time will be needed between DHSC and ABDX to agree final sums to be paid and (c) given the profile of the case, final clearance for payment will go to the relevant senior civil servants and Minister at DHSC. All this may take more time than we expect. I prefer my caution to the optimism bias around payment/revenue timelines that many have on this board. But I'd be happy to be wrong. Either way, we will see...Good luck to all.

Pumpy, I'm pretty confident that DHSC will pay ABDX before the inevitable crunch match between England and Wales in the World Cup group stage. So setting my mind to wait 6 months though some dreamers may think we'll have the money within 6 weeks.

Roger, how about Priti? She's decisive, smart and has bags of empathy, no?! LOL. Or how about Penny Mordant, in the unlikely circumstances that we have to deal with a seaborne invasion from Russia? Or can't we just yield to the dark side of the force and finally crown the Sith Lord, Gove? The "good" possibilities are endless, for those with eyes to see., no??! Ignore all that PaddyPower and Betfair nonsense about Hunt having the best odds - you'll get better returns betting on ABDX!!!!!

Let us see how much this plummets today.

Many of us need the current sp to at least double to get our heads above water. Will DHSC payment and progress with Vatic EUA in US happen? And if so, by when and to what effect on the sp? Let us see.

Let's see what the next set of assays show.

I think any deal will be sub-£2. I can't on what basis the BoD would expect to get a 40%+ premium to the current sp, given where the retail sector, broad economic forecasts and the company's performance is. But I hope I am very wrong. At the moment, it feels like the market is saying "Not quite sure if a deal will happen or be accepted by share-holders".

I'm waiting for hard news on monies received by ABDX. Dreamy, rampy, detective-like possible stuff is all a distraction imo.

HappyDays, you have optimistic assumptions and timeframes. Not sure if they will be borne out in reality. Let us see....GLA.

Ade1234, who knows if you'll be proved prescient in your move to bank profits? As RNSs have said there is no certainty of a deal and the mood and data around consumer discretionary spending has markedly worsened since the sale process began. Who knows what the bidders may be thinking about forward earnings potential for TED at present or what concerns they may have about over-pitching compared to their rivals? At the end of the day, a profit is a profit and everyone knows what they are comfortable with in banking gains and reallocating their money at points of time that suits them. I do a hope a deal is done and for it to be north of 180p ( I just can't believe that it will be easily north of £2 like some here imagine). Anyhow, let us see....

Handy, I like your confidence of feeling like this is going to bag a few times through the summer. Let us see. Lots of variables in play.