Member Info for JohnHenry

Enrolment and phase 3 trials almost complete, Market cap 20M

Enrolment for the Clinical Trials has now passed 98% in the lung transplant pathway and 87% in the lung lobe resection pathway, with a total of 80 patients targeted for enrolment

Results should be available 4-6 weeks after completion of enrolment. Noting todays RNS enrolment is almost complete.

Still a large seller dumping stock, unlikely to be Placing however this is AIM. Excellent news today.

No they haven’t got to sell 17 m at present. But they may have to sell a fair chunk if they can’t refinance the debt. AMP are selling what they can daily depending on the volume. Hopefully with Morgan being a director in both companies they maybe able to find some buyers of stock on good phase 3 results. However the lender may just take the stock as it’s security against the loan. We shall know more by month end.

Pretty embarrassing for Morgan.

Problem in DEV is that there are Many weak holders, the SP can never gain any traction or momentum before large sellers being dumping stock. Any movement forward is automatically sold into.

Ouch just when you think the technicals are starting to strengthen. 500k dumped this pm

Crazy when you consider that the CEO of AMP is killing the value of POLX of which he is a chairman.

200 day moving average sits at 5.5p

Agree gmcc a little confusion between RNSs and certainly the use between $ and £
Imho the $8.5 initial debt was £8.5M/ $10.1M

Total balance £4.7M

gmcc may i suggest you read the RNS dated 18 February 2019

ANGLO AFRICAN OIL & GAS PLC ("AAOG" or the "Company")

SNPC Costs Reimbursements

Anglo African Oil & Gas plc (AIM: AAOG), an independent oil and gas developer, is pleased to provide an update on the repayment of funds owed to the Company by Société Nationale des Pétroles du Congo ('SNPC'), the Congolese national oil company, in regards to SNPC's 44% holding in the Tilapia Licence ('the Licence') in the Republic of the Congo.

As a result of the work conducted to date on the Licence, including the successful drilling of the TLP-103C well ('TLP-103C' or 'the Well'), SNPC owes approximately US$10m to the Company in respect of SNPC's share of the total costs. The Company had proposed to SNPC that it would accept the transfer of a substantial portion of SNPC's 44% interest in the Licence in satisfaction of the debt.

The Company has, however, now received an initial cash payment of US$663,000 from SNPC. SNPC has also informed the Company that it will propose a short-term payment plan to meet the remaining debt of approximately US$9.5m.

Docit good news today, but payments/ debt doesnt tally with previous RNSs

Debt still @ $6.2M

Tilburn June 28th RNS states the debt stands @ $5.1M, implying SNPC had paid back $5M in total.

Todays RNS states a further $600K, debt should be $4.5M, however the debt is still $6.5M

Needs clarifying

Are you invested Jamesons Didnt receive any payments in 2018, first payment 28th Feb 2019

The RNS is hopefully a mistake and the $3.9M should actually be what is owed not received.

$4.5M minus the recent $600K gives $3.9M

Cup and handle consolidation pattern forming.

Moving up nicely very little resistance.

L2 strengthening 2v1, PA back above the T line. Looking for a move to test 4.7p and then quickly onto 6p. Technicals certainly setting up for Lenovo news.