Member Info for JRDC

Not signing a deal isn't what worries me, we're certainly in discussions. It's a poor sided or badly constructed deal that makes it look like a distressed sale where avacta only sees commercial benefit years down the line when the drug hits the market. Would love to see a £50m+ upfront payment for 6000 in the summer and an initial £500m for 6013 early next year with milestones to come. But this is avacta, who so far only manage to snatch defeat from the Jaws of victory with crap decision after crap decision. I'm tempering excitement for now, brilliant as the platform is.

Good presentation. Imo time lines are optimistic but then this was probably aimed at funders. Looks like things should get moving over the next 4 weeks. Keeping everything crossed that no DLTs are experienced by the next cohort.

Surely its not that difficult to submit an RNS with "Revenue : £0, Loss: yes, Results achieved: Nothing, Funds raised: Cheers, Shareholders!"

I'd love to see us develop O'cals and diversify in to silver in future - we certainly have the cash for it already and I'd prefer that to share buy backs. After all, we're Greatland Resources, not Greatland Resource. 10 years from now we could be in the top 10 largest Aussie companies.

Probably a decision for SD's successor, he's probably happy just to see Telfer expand and move Havieron in to production as his legacy.

Maybe they can take on #ufo, the board is utterly incompetent but the company has decent potential if there was money supporting it. Could be taken over extremely cheaply. Or wait 12-18 months for it to go bust and pick up assets cheaply

I imagine putin sees the Iran situation being far from resolved keeping poo high, if he can get all sanctions removed as part of any peace deal, he can sell that as a massive win to the public and flog their oil and gas at market prices rather than on the cheap.

Whether that means that cash is then used to rebuild the army for another go in 3-5 years is anyone's guess.

Bruce said to give him a year to massively change our fortunes.

When he took over, SP was 0.013.

Near 5 months later, its 0.012 and we've still not achieved anything tangible. We're going backwards.

So far he seems like an old conman just like previous board, full of hot air and getting excited about our partners progress hoping to distract and neglecting our own. He'll probably consider 0.015 SP by xmas to be a great achievement, and so will likes of max and nap. And old Brucie boy still won't own any shares by then

Data seems excellent, control rates are better than I'd thought they'd be.

Given that 6103 is likely less than 2 years behind, I can't see a situation where a pharma will take on 6000 to phase 2 but not 6103 as it would soon be outclassed, I'm therefore not expecting any commercial deal for 6000 until 6103 data. At which point it'll be a buyout imo, any other situation seems to be too messy. Don't imagine avacta will go for licencing other warheads due to potential conflicts and impact on commercials, and they certainly don't want to bring anything to market themselves. Best outcome is a bidding war.

I think it will play second fiddle to the Iran situation and POO. In normal times we'd be past £8 even before this announcement. With Iranian president threatening to resign, the civil govt the US is negotiating with now officially has zero power. This is not going to end on terms that America were hoping for.

Perfect, that's exactly what the filter is for, hide the posts you don't wish to read, and they're left up for those that do.

No member here is the board police, who think they should dictate what can and can't be discussed, regardless of how much more valuable you think your posts are compared to others. If you want pure ggpchat, then there's a ggpchat forum if this one is too broad for your liking. If you don't like something and it warrants removal, either contact the mods or scroll past.

*than paying in to an Isa 🙄

As a higher rate pay payer, a SIPP will be massively more tax efficient than merely paying in to a SIPP, especially if you can salary sac, and even more so if employers contribute all or some of their NI saving. Even with the salary sac tax rules changing in 2029. If you're expecting to be a higher rate payer at retirement (lucky you) then the advantages disappear (other than potential NI savings), but thats when careful tax planning works, eg contribute as much as possible to partners pension once yours is on track. Make the most of employer contributions, salary sac as much as possible.

That £20k net you stick in to an Isa has cost you £8400 at 40% tax and 2% ni. That's gone, lost forever, to be spent on the unemployed bad back and slightly anxious in benefits. If you earn £100k, that's £68k take home, so after isa contribution you have £48k leftover to spend on whisky and warhammer.

Salary sac that £20k in to a pension however, and your take home pay at £80k is now £56k. So youre £8000 better off a year, which you could stick in an Isa too to tide you over until 57/59, or contribute to partners pension and get tax relief. Even if a SIPP, you only lose out on the 2% ni saving as a higher rate payer. If you can withdraw from your pension at basic rate, then you'll have made a small fortune over an Isa (and I imagine a future labour, green and lib dem coalition will love to apply a one off 20% charge to your Isa or limit to £250k limit.)

Is it the molecatcher with a new profile pic?

20% dilution so far. i imagine next year they'll also award themselves more shares after a long period of no news so they can add a **** poor premium and make it look like they're doing shareholders a favour. stealing the company bit by bit. at least it means we'll likely get some news now and put the sp back to £10, will have a decision as to whether stay in or take a 40% profit or so and stick to greatland gold.

Not a great RNS, especially for the more level headed LTHs. Hard to draw any positives from this. If the board were confident of game changing results within next few years and wanted to bring positivity to shareholders and confidence in hemo, then the strike price would have been £20+. According to mrindia they'd still make 10x that easily. Maybe vlad and Co aren't so sure...

Oh well. If this hits £14 in the next 12 months I'm out of here, near 5 years of going backwards is enough, 100% roi was the minimum I was hoping for so that'll have to do. Hopefully the next 5 years are an improvement for those that are staying in.

Oh yeah, Go Hemo, go!

Possible 60 day cease fire extension, gold now seems to be leveling off at $4500. Let's see what the chaps down under make of it tonight.

Any views as to why? Interest rates rises across the West or setback in peace talks? It's great we're still over £7, was expecting to be testing £6 by now

All looks OK, can see why CC favours 6103 though and is far more excited about that. Just hope there's genuine partnership interest to save it from being mothballed and give us some of our development cash back, even if it's only £10-20m upfront.

I might get some baseball caps made up.

Make UFO Great Someday

You want one, Max?