Member Info for jdt1990

I agree on first reading that update was a bit worrying but its pretty clear to me now that the failed test was the saliva test a while ago hence the pivot to AN. AN was the preferred sample type stated by the govt so for me this is the most important part of that article.

"But the rival Avacta test gives results in between five and 10 minutes, a factor that could suddenly make viable so-called “Operation Moonshot” plans to open up theatres, cinemas and sports stadiums.

It is understood that the final assessment of the British test has been conducted by the government’s Porton Down laboratory and industry insiders predict that it will be published either to coincide with the PM’s Covid roadmap or soon after."

After the past few months PL there’s definitely a pretty big market for a few of these too:
#AVCT troll
Where’s my test?
We’ve been duped
I thought we were fully funded?
Smith out he bought a house.

Ndn71 take your pick of those you can have it for free

Yeah it’s a real shame he’s been confined to the Twitter in the sky :(

Energyshares - Agreed we need a deramper destruct button but look a little closer....Doh lives again on this LSE bb.
Like his holiness RichKen, he rose again from the depths of the “bin of potty mouth”
Resurrected and healed of his profanities!

Can’t remember when I last said “I wish it was Monday morning already” after a few beers at 9pm on a Friday night.
Christ COViD and Avct so crazy things to you!!

Haha I was just going to say thank god Captain Stanley got the boot! Twatter on the other hand could be unbearable....

https://www.airportwatch.org.uk/recent-airport-figures/#

296m people went through UK airports alone in 2019!

If of any interest there are currently 9.6m shares on loan, down 25% from a week ago

https://www.ortex.com/symbol/AIM/GGP/short_interest

A little research goes a long way mysteryguy..... I'd start with these - just one click away on the RNS tab!!!
https://www.lse.co.uk/rns/VELA/update-re-investment-in-kanabo-group-plc-35ek24z29sbwvw6.html
https://www.lse.co.uk/rns/VELA/investment-in-potential-covid-treatment-placing-7d8tgl50wf3qrkm.html
https://www.lse.co.uk/rns/VELA/proposed-disposal-placing-and-other-matters-k400yod5fubk5l5.html

They actually didn't sell both. Top sliced KNB and as per the billion posts today on ARB, VELA's holding was moved to a subsidiary that was subsequently sold to Newco as part of the restructure, prior to JN appointment.

It is funny how on that RNS there is a concerted effort to shout from the rooftops, from a group of first time posters, what a "terrible decision" that was.
Think I will back JN's judgment given his form rather than the views of a bunch of wanna be Jordan Belforts on a bb.
1.It's prudent risk management.
2. It has generate capital for the next investment. Nobody knows what's next up his sleeve.
You'd all be crying if there was a placing RNS for funds, so be glad his model is to use profits not go running to the market for cash!

hahahahhehehehehohohhehehhohoho: - From the 31 July 2020 RNS.

"As such the Directors have concluded that the most practicable way forward is to effect a demerger of some of the Company's investments, dividing them into two groups. The Group 1 Assets (comprising five existing investments) will be retained by Vela. The Group 2 Assets (comprising six existing investments) will be transferred to the Subsidiary, with the Subsidiary being subsequently sold to NewCo. "

"GROUP 2 ASSETS
127,817 ordinary shares of 0.01p, 37,117 A ordinary shares of 0.01p, and 91,341 B ordinary shares of 0.01p in Portr Limited**
3,000,000 ordinary shares in Argo Blockchain plc*"

So VELA as part of the restructuring sold the subsidiary to NewCo (Bixx Ltd). VELA in it's current from has no exposure to ARB so for the purposes of any of these conversations, VELA's ARB holding was sold - to Bixx Ltd.
https://find-and-update.company-information.service.gov.uk/company/12767460/officers

Lets move on

Wow what rock did all these numpties crawl out from under?
ARB is a thing of the past - so we can park that and not speak about it again.
Selling a portion of your initial investment that has 5 bagged in 3 days is good risk management....simple as. Remaining stake is a free ride for VELA now and the proceeds can be put to finding another investment.
That's how any good VC firm operates, it's called being opportunistic.

Nickel broke $19,000 per tonne today - bodes well if there are some good grades to come out of Haneti!

Absolutely TT and if this bull run on metals keeps going, the potential values at Havieron are absolutely mind blowing, if they aren't already!
https://www.australianmining.com.au/news/newcrest-culls-cadia-costs-into-negative-territory/
Cadia already into negative AISC due to higher copper prices this year.
What a position to be in if that is repeated for HAV, having a tier 1 gold mine (10m oz +) where the copper pays the costs......mind blowing

Yes we sold Argo
https://www.lse.co.uk/rns/VELA/proposed-disposal-placing-and-other-matters-k400yod5fubk5l5.html

One word - nasopharyngeal - it’s a no no from the govts for mass testing. Anterior nasal is the sample of choice nowadays

Looks like it was done over a wide range jaylarc https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/943187/S0925_Innova_Lateral_Flow_SARS-CoV-2_Antigen_test_accuracy.pdf

Well it seems like a good chunk of sticky money is picking up anything the crypto "rainbow chasers" are selling - be that existing PIs who know what we have and are happy to wait, or II's.
The sooner that transition occurs, the better!
The markets are changing, there is no doubt about that. It's so much more accessible nowadays - being able to buy partial shares / CFD's / spread bets and the ability for your average Joe to leverage up positions only magnifies things.
When a tweet can wipe $14bn off the mkt cap of a company like Musk did back in May - you know this is a different ball game. The Friedman days of fundamental economics are starting to go out of the window.
You can't however argue with the fundamentals of GGP!

Oooh a new deramper. Hi and bye!

Sujood - lets walk before we can run eh!
Whitney - No there is no scheduled NASDAQ listing, it has just been talked about as an option...