Member Info for jdt1990

Absolute pleb Jiffy bag.....one for the green box with more than single digit posts, Sadly not a rarity on this bb nowadays. Someone must be nervy about their short or future prospects for £5 a deramp

continued sorry hit send early

-POG on its way up in the midst of global recession
-A good working relationship with NCM (who do seem to need HAV to keep Telfer going)
-GGP's strong indications of HAV being a larger resource hitting good gold in wider targets such as HAD066

Now could these "far out" drill holes from the bulk of HAV drilling be GGP lining up some ammo to say look how far out we are hitting gold at HAV, you have to assign some value this although we havent got a defintiive number?

The positive I take from it is that there are two very distinct elements that have value applied (of course assuming this VALMIN code applies to all mineral FMV esimates):

1. What we know for sure, the "Technical Value" and that is deemed by an independent expert.
and
2. A premium or discount relating to market, strategic or other considerations. Value should be selected as the most likely figure from within a range after taking account of Risk and the possible variation in ore grade, metallurgical recovery, capital and operating costs, commodity prices, exchange rates and the like.

This seems to be a bit more of a "gentleman's agreement" to determine any value to the unknowns. Now I see 3 things in our favour in this instance:
-POG

It's a really good point schlemiel on how FMV is determined. I have very little experience in this field and I am sure there are some on this bb a lot more equipped to add some colour to this, but there are some loose guidelines for determining FMV under the VALMIN code:

D43 of the VALMIN Code (2005): Value is the Fair Market Value of a Mineral or Petroleum Asset or Security. It is the amount of money (or the cash equivalent of some other consideration) determined by the Expert in accordance with the provisions of the VALMIN Code for which the Mineral or Petroleum Asset or Security should change hands on the Valuation Date in an open and unrestricted market between a willing buyer and a willing seller in an “arm’s length” transaction, with each party acting knowledgeably, prudently and without compulsion. Value is usually comprised of two components, the underlying or ‘Technical Value’ of the Mineral or Petroleum Asset or Security, as defined in D36, and a premium or discount relating to market, strategic or other considerations. Value should be selected as the most likely figure from within a range after taking account of Risk and the possible variation in ore grade, metallurgical recovery, capital and operating costs, commodity prices, exchange rates and the like.

D36 of the VALMIN (2005) Code: Technical Value is an assessment of a Mineral or Petroleum Asset’s future net economic benefit at the Valuation Date under a set of assumptions deemed most appropriate by an Expert or Specialist, excluding any premium or discount to account for such factors as market or strategic considerations

$30 is /kg price of FerroVanadium not V205 I believe Libero.....

$145k in the coffers for 11,00kg at ~$13 /kg for V205. Every little helps!

Let’s hope you’re right CF otherwise Hanno is going to have an angry mob bashing down his door and an invitation to join the “crook who runs an African based energy lifestyle company” club!

Yep the usual pratts spouting unfounded garbage....to be expected each day we don’t get news when there is a solid pipeline of it expected.

Medusa deal is exclusive for Direct to consumer sales only. Businesses and governments etc, where most of that 100-200m per month volume AS talked about is going to come from are not exclusive to Medusa.
I’m sure those deals given the size and volumes likely to be done and clients, will be waiting on final S&S numbers, manufacturing finalisation etc before signing on the dotted line. I’m confident they are close to being done in the background but won’t be finalised and announced until the other news flow comes. It’s sequential.

Medusa19 only have exclusivity over D2C sales anyway, which I would be very much inclined to think of all sales outlets, will be the lowest volumes.
It's going to be businesses and govt's who will buy this in the 100-200m / month volumes AS talks about, not Joe Bloggs at home. The are the big distribution agreements, which are being worked on as we speak and don't involve Medusa19 at all.

I would be inclined to agree more waitingroom with the impact of them being a shareholder if there was a connection with the Kumani's / Boohoo in any of the AVCT research, production / manufacturing processes. You have to think, after a £45m raise and prototypes at an advanced stage, if the Kumanis and Medusa disappeared tomorrow, there would be little impact. We don't need their cash anymore and for a product that could be as significant as the LFT there will be lines of people wanting to distribute it.

Disagree lazypunter but interesting to hear your thoughts. This is a Bohoo issue and if the media go after Boohoo in the short run then yes there will be an impact on BOO shares. Our connection is with a distribution company in a completely different industry where the only tenuous link is one of the investors/founders of Medusa19 is the Boohoo founder.
They will have plenty of ammo to be throwing at BOO directly linked to the clothing manufacturing "scandal" it wont spill over into here, why would it?
The media probably don't even know anything about Medusa19.....
The only impact here will be a few shorters/derampers that we all know well trying their best to spread some contagion risk chat (not saying this is you by any means) which so close to a long line of news flow, wont be sending anyone running for the hills!

finally got half away at 0.39....hard work for 2K!

Just shy of 1m left in my pension - sold out of all my others a month or so back....they wont touch it even in smaller 100k clips

im trying to sell my whole holding here now but cant get filled - says a lot!

Lazypunter - interested to know why you think the Boohoo issue will impact here?
And to be clear they cant delay an RNS just because someone associated with a distributor is under the cosh in the media, RNSs contain price sensitive info and have to be released as soon as possible to the market....

luckily cant see his drivel as he's in a nice little green box. Full of rubbish - alwaysboring

Think one key difference is that AVCT's test will not require a healthcare professional to take the sample / be present to supervise sample taking.
This is where any of the nasopharyngeal tests partially fall down as from what I understand, they are highly unpleasant and need someone to basically stick the swab further down your nose/throat than you would ever do yourself.
Roll up the AVCT test where you provide a saliva sample in some form - hard to get that wrong which reduces the risk of 1. A poorly taken swab 2. someone not buying the test because it requires an unpleasant process to do so.
Sona getting to this stage are promising signs for the concept but to a mass market our product will no doubt be superior (so long as it has the top notch S&S)

Think AS learned his lesson early doors here with timelines. Under promise and over deliver and boy is he doing that. What a great interview.
I agree timster we may we’ll have the update in 2 weeks with some little extras. But make no mistake he’ll deliver us something and plenty more possibilities in the interim.
Really exciting time for this company long and short term.
Hoping we see a drop off in the derampers now they can’t really argue Avct has a product - all they can say is COViD is dying out blah blah.
Beer time!

I don't trust LC as far as I could throw him so I am definitely on the cynical side... Here is where I see the potential issues along the way:
Pos: KAT have on paper a good economic project that could significantly increase Mkt Cap there / Neg: LC is involved and has delivered nothing historically.
If we do get a good financing deal over at KAT which with the POG moving up, works in our favour, then KIBO's 50% shareholding SHOULD add some notable value here upwards of our 250k Mkt cap!
Now here is where I see the key junction:
1. LC sells a chunk of KAT shares to give KIBO the cash it needs to pay his ridiculous salary for the forseeable and KAT becomes a nice earner for him and him only.
2. LC sells some KAT shares and uses the cash to genuinely progress projects we have "shovel ready" and generate some revenue here.
All very cloak and dagger at the moment but no doubt the attention is all on KAT!
If a 10m Mtk Cap over at KAT is reached, our shareholding is worth 5m, 20x current mkt cap here.
There is one lifeline left for this Co....KAT....as a JV there is a better chance he wont screw it up like he has here.