Member Info for jdt1990

mapp your constant preaching really isn't helping. Post something AVCT related rather than just an AIM hate campaign. We all know its crooked but choose to invest, go trade FTSE stocks instead if you cant stand it. The AIM industry needs to change but it aint going to happen overnight, the FSA dont give a to*s.
The situation is what it is for the foreseeable so we don't need to hear about it constantly.

not sure when you think its going to stop transmitting cristalball but its not going to be anytime soon!
India and Brazil are nowhere near the peak of new infections - just because Primark has reopened and 6 mates can come in your garden in the UK doesn't mean its gone. The ease up in the UK will cause a second wave, wonder how may were infected at the recent protests who will be at another protest next week.
China just announced a local lockdown in Beijing after a new virous outbreak.
This LFT wont just be for Covid but its a proof of concept for Affimers and their applications that can be applied to any future viruses....
Must try harder to deramp this. Stop harping on about the need for it to be here yesterday. This is a pharma company trying to do something that normally takes years in a matter of months. There are no blueprints for this so how can you expect a definitive timeline? I certainly wouldn't give you one if I was AS, as any sign of a delay you would be banging the door down wanting his head.
Oh - also even if a vaccine is produced, nobody will be taking it! I wouldn't want my family taking something that has been sped through clinical trials with no idea of the possible side effects

Alwayswinning. They need to deliver it when it is ready and works to the required standard. Not when the "market" tells them it needs to be delivered by.

Yep think that’s wise - as soon as you see Ajok, volcano and moneymaker pop up it’s a deramp day. Off to enjoy the nice weather, will check back at 1 to see if anything interesting has happened. Otherwise another day where fundamentals haven’t changed just the same trading pattern

The problem is every time they do this first thing, it scares a few more investors each time and snowballs, and they know it. The key is the point at which people don’t sell when they drop the price (unless bad news of course)
Right now, nothing has changed so it’s just easy pickings for the MMs

Basically looks like we applied for an FDA acceptable
registration number Back in 2018 that allows non US companies to have their products imported into the USA. Not sure if the significance right now, just one less bit of admin / red tape to deal Which may speed up the process once we get to the fda approvals stage

From the fda website:

March 31, 2017

Today, the U.S. Food and Drug Administration took a step towards ensuring the accuracy of its inventory of importers responsible for meeting the requirements of the Foreign Supplier Verification Programs (FSVP) rule.

The FDA issued guidance formally recognizing the Data Universal Numbering System (DUNS) number as an acceptable unique facility identifier (UFI) for FSVP. The identification of importers will help the FDA effectively implement, monitor compliance with, and enforce the FSVP requirements, which are designed to help ensure that imported foods meet U.S. safety standards.

Added in Feb 2018 according to the fda website

https://www.fda.gov/media/110742/download

I do wonder if the current economic situation has given GH something to really think about. Maybe selling HAV was a thought in the past but doing so now would lock in a price based on historical POG. If we go to mine, that gives us the opportunity to potentially take full advantage of any future rises in the POG.
Food for thought? and would certainly make me think if I was GH. NCM wouldn’t take any discussions of forward looking gold prices in sale conversations for sure.

Surely any hedge fund investment is a very good sign, and it sounds like this has been in the making for a while, not just on whim due to the COViD bubble. AS said he’d been back and forth to the US for discussions for a while.
All bodes well for me and IF it is THE sequoia (which I am pretty sure there Is a link but to which entity I don’t know) then that’s good for me!

Add to that Beijing back in lockdown after a new virus outbreak in a market there. This isn’t going away anytime soon! Hopefully we’re up and running to create the test for COViD 19 pt 2 after all this background leg work is done.

Wish I wasn’t overexposed at 1.50 otherwise I’d be attempting to average down!

It’s definitely all very close and dagger as is everything he is involved in. Something not quite right for me!
Surely of the 14 frantic bidders to fund Blyvoor, you might say hey, look, I also have this asset if you’re interested as we’re going with Dave down the road for Blyvoor. But maybe that’s just too much work for LC to actually progress more than one project and would reduce his magical work to pay ratio.
Out of interest, does a net smelter royalty apply to all gold sold excluding any costs? Let’s say Imweru has $1bn of gold, would we get 15$m or 1.5% of profits - that hasn’t been distinguished.
Regardless, does it cost $985m for the mine? Unlikely, it just sounds too much like hard work for him.
Useless con artist

tkevin. One word for you buddy - PARTNERSHIPS!
As you point out we may not be a diagnostics company....hence why we are partnering with people who are experts in this field to do so.
We have produced the Affimers, which is our speciality, they are now with Cytiva to make the test which is their specialty.
It’s not like AS is making these in the shed in his back garden. We are petering with multi billion dollar pharmas to produce these using the piece they are missing...Affimers, as AVcT very cleverly showed up all the rights to them early doors.
Come on....think about it and it’s a saliva test not a pacemaker. If it doesn’t work the implications are buy a new one as they won’t ever be 100% accurate

Agreed Daniel - LC has funded his own pockets nicely for the next couple of years. NSR should pay his salary.
This wont help with any cashflow for Blyvoor as $500k of that $1m is due in 24 months time.
The funding deal is key here or its dilution to oblivion (again)
They do stay stick to what you know best!

haha yep Imweru gone for $1m, just shows this man isn't capable of managing even one project never mind multiple!

I think that's the million dollar question Gillie. The only bit of leeway I am giving them on the lack of response is that they now know they get one shot at this second proposal and it has to be good....we have shown they cant just take the pi*s anymore.
What that will be I don't know but it needs to include some genuine clarity on where revenue streams will come from for them to be able to justify any shares/warrants.

KAT is the only "saviour" here in my eyes - as to how it is used I don't know. Can't see LC sell KIBO's share once a financing deal is signed as he will say this is detrimental to shareholders by selling out before true value is materialised.
Can't see anything in the KAT AGM resolutions that are controversial/material so not sure what impact that would have on the KIBO progress?
Something really fish about the lack of response from LC, feel like he has spun a web that will only ever shaft shareholders!

Agreed knuttie but I wonder if there will be a monthly breakdown highlighted to show what is to come in Q3. If I were releasing those figures I would put the spotlight on the post Covid production and let people infer the Q3 potential form that.

Alfa I also think FM is shrewd and his lack of concern about being manipulated on AIM suggests to me he has a longer term plan for the business that will see it achieve what it should in the longer run.
With a 20% drop in the UK economy announced in April and May likely to be just as bad, not many companies I would say can boast increased sales being back to full production, increased revenue and increased profits (the level of this to be seen in the next results). With China looking to push on out of lockdown with infrastructure builds, demand should increase too.
Can see us getting some increased attention over the coming months and breaking free of this period of "being shafted"

Lets just hope the next set of results show some material increases on sales and revenues/profits with the restoration of full production and V price on its way up. That may just open a few II eyes in the market, especially given the UK economy data coming out for April today, cant be many companies making consistently strong profits and May wont look any better.