Member Info for jdt1990

Stretchum - im sure you mean we’ll but we can all read the SP, any chance you could keep your posts to more substantial input that will aid discussion on the business rather than unsubstantiated claims the sp is going to 8p today 20p tomorrow?

He might even give himself a full quarter this time and go for 30th September....will give him chance to rack up a decent salary for doing sweet FA and manage that ever growing queue of interested parties...

Sadly it’s more cash to pay LCs salary as he kicks this can down the road again. $1m won’t last long given what he pays himself.
Do the constant excuses not worry people? Case in point today, he set a deadline and currently radio silence....

Ajok and global for sure but I can’t quite figure out if mapp is a deramper or just a bit mental and really wants to be a one man/woman band protester against AIM

It would only ever default if the debt ceiling debacle we saw a few years ago got to the point where a bipartisan agreement couldn’t be reached to raise it (with a Democrat house blocking any republican senate it tends to go to the wire) and they could t make the Treasury coupon payments.
With the cost of the pandemic now needing to be covered and the economy on the brink this just won’t happen. They’ll either suspend the ceiling or raise it, the concept is a technicality rather than practicality. The fed will print money and there will be sufficient demand for the treasury issuance.

Are we giving him until tomorrow to scramble a hot air RNS together? He doesn’t change this man, surely when you tell the market 30 June you give them the courtesy of an update. Unless he thinks the placing RNS will keep people happy and is a sufficient update on the 14 “interested” parties.

At least if it delists it cant pay him a salary and bleed PIs dry for another year!

From the 22nd July RNS Growerson:

Assume this will hover around this price until it is granted.

Project Update

The Gold Loan, together with the Bonds, will enable the Company to move forward towards commencing production, through the ongoing development of the Homase South Pit and construction of the associated heap leach facility. The Board currently anticipates that, subject-to receipt of the requisite environmental permit in the next few weeks, the first gold pour will be achieved in Q4 2020.



The application for the requisite environmental permit in respect of the Homase South Pit has been submitted to the Minerals Commission and Environmental Protection Authority in Ghana is now in the final stages and the Board expects it to be awarded in the next few weeks. Upon receipt, the Company will immediately be able to start initial mining operations, using contract mining for the Homase South open Pit.



Following finalisation of the Gold Loan, the Company is now able to place a number of significant orders for plant and equipment, which will enable the Company to further optimise the Homase South development plan against the economics of the DEP, announced on 27 June 2019, and the Company looks forward to updating shareholders in this regard.

This is exactly what happened with the placing - shocking but not a lot we can do about it. Lets just hope the news is good, continues to be good and we get off AIM where longer term holders are rewarded and this is all just a talking point.

CaptainStanley - They do know news is due in a fairly narrow timeframe when the CEO tells the public end of June in a presentation.

Potter25 I think what you're forgetting here is KIBO holders (who are invested here directly and/or indirectly) will of curse want KAT to succeed. KIBO own a % of KAT so success here increases the value of that shareholding. However, we are all just very aware of LC and what he is capable of which i think needs to be on the table for newbie investors to see, only they can make the decision to invest or not, nobody is actively discouraging.
I would just hate to see anyone put all their hard earned into this on the basis that POG is rising the promising business case LC has put on paper, when there is a lot more to do. That being secure funding to turn an opportunity into reality and he has a history of turning opportunity into reality a grand total of 0 times.

MM's want cheap shares with the amount of potentially significant news in the pipeline and they know how many flaky PI's there are on here who will sell on a 10% drop. Hence the mass turnout from the deramp brigade today to help try and "justify" the drop. It's all orchestrated.

Full agree OilNovice - And Baldy don't forget AS and the team have share options that they got as part of the fundraise with vesting conditions that relate to SP and profitability of the company, so unlike a lot of AIM companies the BOD are incentivised to make this work, its not just a lifestlye Co.
Not sure how people are saying they have taken their finger off the pulse, they are working every hour behind the scenes to optimise the test as this may well be the work that puts this Co and Affimers on the map, putting us in the big boys league. Create a cr*p test at this stage....the reputational damage will be devastating. Take a few days longer to create a gold standard test - yes people on the bb will moan and deramp but why would AS care about that. SP long term will be driven by revenues and to sell the product on a global scale it has to be top notch.

It's very simple. Every day there is no news up to the end of June this was going to get hammered by dermapers / sellers / shorters / MM's etc.
Even when there was no news, given it didn't include the exact S&S figures it was ripe for a bashing.
Quite simply, you either believe Covid isnt going anywhere and Avacta will produce a viable product for the mass market which in the long run will validate the Affimer platform for virus and cancer treatments . In which case all this intermediate volatility is irrelevant (I am in that camp) OR you believe it is all a hyped sentiment share and got spiked at £200, in which case sell out and go chase rainbows somewhere else.

Faz I think you need to go away and do some more research or go deramp somewhere else.....

Answer to your question....NO......reason....key word in the title of that article ANTIBODY

Good post BBN and hopefully this opens up some constructive conversation finally not the bickering around rampers/derampers that has sadly taken hold of late.

I fully agree with your statement "This was clearly marked as end of June on the slide, which is why I questioned the 24th June announcement being the actual update, as opposed to a step along the way. I could not logically conclude that such a video would call out the transfer to manufacturers as end of June, when the very next day this was going to be undermined."

Having seen the carnage to the sp perceived delays can cause (as there have been no genuine delays so far) it would be crazy for AS to put something very specific in a presentation, to release an RNS the week before and miss that completely. I think the RNS was just a little clarity for the market on progress given the technical nature of the labroots panel and the presentatin was a "dummies guide to S&S" so to speak. Surely the market needs some background to the S&S RNS as I would think this will be a very technical piece that not all would understand in great detail.

Give people a quick lesson on what the terminology means and what are acceptable numbers and this gives people a much clearer understanding of the RNS. Or is that just me being optimisitic?

100% nailed on either no news tomorrow or a delay if they are tweeting the details of the scoping study today.
There is no way 14 parties were as interested as LCmade out, this is all part of his hot air, jam tomorrow stalling tactic.
I feel like he could come out and say another delay because they “see the POG likely to move upwards over the coming month so we are holding out for the best deal for shareholders”
Luckily it only takes on of the 14 to do a deal but there is no way there is a bidding war over this. LC will be trying to stop people taking this from him at rock bottom prices, KAT is on the back foot in any negotiations here.

Market cap of 4m here would put me in profit and I could run for the hills! Would be delighted with that!!!

Ahhhhh mostin....filtered you tit of course it’s coming to market!

Another amazing find paddy! Great work as always.
Going to be a lot of excitement leading up to 23 July I think, this thing just keeps getting bigger!
With the POG looking to continue its upward trend for the foreseeable this could be the perfect storm for us!