Member Info for jdt1990

And the company with one of the largest low cost vanadium mines in the world sits with a MCAP of £160m, just 1% of that market is triple our current Mcap.....WITHOUT the BE plays. Makes you think just how undervalued we are!

What I took from the interview is LC just hasn't got a clue about the business world. That was apparent from the DONATION of Imweru RNS, you cant even call that a sale. Those kind of moves are why I fear for the point he is left to his own devices.....
Luckily on Blyvoor there is JV partner who can pull the strings which is the only reason I still hold here.

Think i agree with you there east-ender. The shares to be admitted are only a 0.84% increase on existing shares in issue so shouldnt cause too many problems.
Do we know how many options well in the money at those kind of strikes are still able to be exercised? Id be interested to know what further possible "dilution" could be to come. (It will likely look insignificant once the news starts flowing soon)

schlemiel agreed it can be large monetarily if you're holding 10m shares, but if you're holding 10m shares and come out with comments like "I read few days ago there is good news and instead of shares going up they’re going down" youre in the wrong game to be exposing yourself to AIM. I think if you had 10m shares and there was a 3% move, you would either know this is completely normal for a share on AIM or you would know what was going on. Thats all my point is.

A 3% drop in a day on AIM is not huge....no need to litter the board crying about it

Why has the COVID train gone Global?
You think Covid is a thing of the past? If so you need your head checking. India, Russia, Brazil all still being ravaged. NZ that was COVID free has now got new cases from 2 Brits. WOnder what would have stopped that? A 10 min test at the airport.
Sentiment is down here, but if this test gets up an running the demand will be huge and the numbers on the b/s will speak for themselves.

WOW. Pigster, no offence but I would probably make that your first and last post....avoiding any investments going forward.

Maybe google "cash on balance sheet" as part of a valuation calculation as a starter.
Cash dividends (if that is what your are referring to by "sharing it with us") actually decrease the stock price when paid.

Giving you the benefit of the doubt as being naive with some helpful pointers but if you're a deramping troll that's a bizarre attempt

Well he's alive.....

https://www.share-talk.com/louis-coetzee-executive-chairman-of-katoro-gold-plc-kat-l-shareholder-update/#gs.8pc2ne

Think we all know the answer to "what was he planning on doing for the next few years....."
Nothing to drive shareholder value in any of the companies he runs, just sp*nking shareholders money on salaries for him and his band of merry men.
Blyvoor better be good as he has proven time and time again how incompetent he is, all we can hope is that having a JV partner steers him away from another car crash of a project....

Assume that was a typo or sarcasm hydro?

Surely with an NPV of 122m and current Mcap of 12m there is some solid value here over the near to medium term?

Ethio that is utter garbage....you’re trying to tell me there is no competition in the antibody space? That is the most overcrowded area Of this whole COViD testing market!
Avct and the antigen test is the one with very little competition!

But there is no delay. Can you definitively show me where a date has been provided for any milestone in this process and missed?

Company wants to focus on their business models and progress their technology (more so in the cancer space but the COVID piece is a bit of a bonus side project)..........furloughed gamblers trying to make a few bucks in the COVID stock bubble, pile into a company they know very little about apart from the share price has gone up a bit in the last week.
Screams volatility until either the Covid traders disappear or the Co miraculously decide to focus all their attention on building a COVID LFT to get to market quicker than any medical device has ever been produced in history.
AVCT are trying to please both but their focus remains on the long term goal and core buiness model. I would much prefer to be in a company that stands by its values than chases every project and is jack of all trades master of none.
They are lifestlye companies that I have been burned on before, this isn't one!

Exactly, people moaning about originally saying fully funded to 2021. In other words, we are going to have to raise in 2021 anyway so while we are in the crosshairs of big II's lets get this done on way better terms.
Lets say SP was still at 30p and COVID wasn't a thing, come 2021 and AS raises funds at a 20p say, I highly doubt everyone would be saying ahh that's fine you told us 2021 so happy for you to go crawling to the market for some money. There certainly wouldn't have been II's taking part at the levels they did the other week.

I genuinely think the negative sentiment around the placing is overdone by some. Fully appreciate if you were in at 200 its a bit of a stinger.
BUT:
1. This is AIM, a market for small cap companies to raise capital. The COVID play gave AVCT a bit of wind in their sails and took full advantage of the opportunity to raise money from II's. Here is where I think the key misconception is. Everyone is moaning the placing was a freebie. The discount was 4.4% from a weighted average. Pretty good in my opinion given most placings are at huge discounts. Many who were in at 200 saw this as a placing at 40% discount..
2. The fully funded to 2021 debate. AS I believe had genuinely said that meaning fully funded for day to day business until 2021. There was clearly some discussions with wider institutions telling him a placing at these levels whilst on the wave of COVID sentiment was worthwhile. I am okay with that if it allows him to progress the companies main line of business CANCER.
3. AS doesn't act alone he will ahve been advised and as a shareholder / optionholder with vesting conditions linked to the SP, he is hardly going to do this just to pay himself and run the business into the ground.
The placing hurt some...fair...especially if you did little research and saw AVCT on the risers list and ploughed in because Dave in the pub said it was a good'un! If you have been here for a while and are up to speed on AVCT's main business line, the placing has given the Co. funding to do exactly what people saw value in wayyy before COVID

mapp - maybe you're better off pitching a tent outside the FSA's HQ with a megaphone rather than preaching here. Something AVCT related wouldn't go a miss form you on this bb?

Global I think there is a lot of different forces at work that have driven this down a crazy amount over the last 2 weeks or so. Some macro some micro.
Nothing has been released to say all is not well, unless this is leaky and ii placing takers are bailing but I just cant see a hedge fund like Conifer taking a large stake for this to happen so soon after, they will have done DD.
Nothing has really changed in terms of the Co. direction besides the placing which I full agree was a curve ball but I hope it was for the right reasons. (Hoping they didn't hype up the COVID play to raise at such high levels to then run off with the $$ to focus on the cancer).
This whole thing about delays, there really haven't been any delays versus vague timelines given by AS. The delays are perceived against peoples own dates they have put out there and constant talk of X company having a test to market quicker. This is a huge market and plenty of room for more than 1 player! First to market so far in the testing space has been first to show faults and flawes, never to be seen again.
I would arther be ready with a solid test, when it is ready, not when PI's are shouting for it to be ready.

This what is so crazy here...the perception AS has failed to deliver.....where the heck are people getting this from? People have made up their own timelines, he has never once stated a date and it been missed. He has been deliberately vague to avoid exactly that happening but low and behold the bed wetter run when their perceived date isnt hit.
If this price action was due to a news release that the LFT was a failure then fair enough. As it stands, either there is a leak and ii placing holders who bought at 120p are selling which is criminal (but you would have expected a very well renowned hedge fund to have done their DD) or just panic selling and stop losses hitting.
As of right now, fundamentals have not changed

I'd do some research if I were you