Member Info for Jungmana

875k buy order filled there to end the day. More blue tomorrow imo.

For the approx 8m warrants at 13p to be exercised the share price must be above 15p for 5 trading days.

Clearing the 10% places sellers. Once cleared this will move up sharply imo. Imo overhang will be cleared in a few days trading at this level of volume.

Is 54m after the recent placing banana.

Just have to clear the placing sellers before zooming over 10p. Good volume so far today.
Market cap just GBP 4.5m with about 2m in cash.
Total of about 54m shares in issue.

Don't be surprised to see 30p even before the VAL201 results as that's just GBP 15m market cap about.
If SNG can go from 7p to 200p+ in 6 months so can VAL imo.

"The Board estimates that basic remuneration for the Board, employees and consultants on a pro forma basis will be circa GBP300,000 p.a. with a headcount of 7, which is a considerable reduction from the last previously disclosed wages and salaries cost of in excess of GBP900,000 p.a. with a headcount of 11 as stated in the 2018 Annual Report and Accounts"
About GBP 2m cash in hand today and VAL201 trial results due soon.
Only 54m total shares in issue with more than half in sticky hands.

worst case scenario we have about 5p value in cash. good val201 trial results and this will be 80p+ (£40m market cap) imo and could see 20p+ well before the results.
so a potential short term ten bagger from here.

A very good q&A on the website. Anwers lots of questions and am confident in Dr Dilly. Already reduced annual staff remuneration from GBP 900k to about GBP 300k
Right now market cap is just GBP 4m with over GBP 2m of cash.

"The Board estimates that basic remuneration for the Board, employees and consultants on a pro forma basis will be circa GBP300,000 p.a. with a headcount of 7, which is a considerable reduction from the last previously disclosed wages and salaries cost of in excess of GBP900,000 p.a. with a headcount of 11 as stated in the 2018 Annual Report and Accounts"

The last 2 weeks (since hitting 4p ) has seen the exit of traders from the 2p area or under . been a good consolidation period for the next leg up.
Hopefully see 5p+ soon

0.8p warrants have started to be exercised. Shows confidence and imo news soon.

As I said hope you lot took part in the broker option instead constantly mourning here. Dilly and her team are doing a brilliant job. The company is not going to be transformed with hot air.
If SNG can go from 6p to 200p in 7 months so can VAL.

About 4 million of the placing shares were offered to shareholders holding here up to 23rd July. That is a fair deal Dr Dilly has done and I hope some of you folks took the opportunity.
Closed at 5pm anyway.
Give it a few weeks and imo many will look back in regret at not loading up at these prices.

Use of Proceeds

The net proceeds of the placing will be used to (1) accelerate the implementation of the Company's strategy to incubate early stage clinical candidates (2) advance the development of its current clinical programs, and (3) for general working capital purposes.

Director holding is now 4.2% in total

Exciting future for VAL in this new era. That's a good summary of the great work being done here and imo we could be sitting on 100p share price by before the end of the year.
Good luck to us.

Was at 12p just 4 weeks back. Hopefully we will get back there soon.
Hsbc could have added more as declaration was for wednesdsy 15th of July.
Looking very strong today

That's my understanding too Wolf. We only share the revenue 50/50 With valkor our jv partner. We still own 100% of the resources on our lease.

Expect regular updates as work on the POSP progresses. Should be an exciting weeks and months ahead;
"The Company will keep shareholders updated in respect of the proposed upgrades to and the planned work programme at the POSP and further announcements will be made as appropriate."

And the beauty of this project is its environmental credentials, low production costs and low capex to build a 10,000bopd plant and can be done by mid to late 2021 . Unlike most traditional oil producers that take many years to achieve any production.
Just listen to this analyst emphasis on that:
https://www.proactiveinvestors.co.uk/companies/news/922129/tomco-energy-analyst-highlights-attractive-economics-of-a-new-oil-sands-separation-technology-922129.html