Member Info for LTbeliever

I agree that a re-rate is overdue, let's see if it will come via the next RNS.

May 2025 - EMA ODD, Dan going to Medical Congress

Aug 2025 - FDA ODD submission, Sept - Dan going to Medical Congress

Oct 2025 - successful fund raising @0.20, SP rising above 0.40 before dropping

March 2026 - FDA ODD, fund raising 1mln @0.20

Aug 2026 - licensing deal :)))))))

Well, we just have to wait for the next RNS; chances are, it will be a positive one because, definitely, it won't be about flooding or fund raising (and no earthquakes I think in RSA); "war" is over and the race is on to replenish weapons and metal stocks.

Unless we get a big item RNS (new contract etc), the next RNS in AUgust or Sept with the H1 results is bound to shake the SP up, as the numbers should be phenomenal; until then, volumes will be low and volatility high IMO.

ffx, there is 1% chance that you might be right i.e that it's all bs, nothing is happening etc and the "dumb" investors who forked out 1mln 3 months ago as so stupid and blinded by dan's super charm. just because you have suffered for 10 years now, and multiple **** ups have occurred, it does not mean that the future will be a repeat of the past.

"why" no partners? maybe because they have the upper hand in the negotiations, they worry about competitors' actions and hence they demand full silence from nfx until everything is wrapped up? if that's true, it means insiders won't make as much money because the sp will jump upon rns's release, and not before, which is good for the rest of us. just imo.

Nice find @Bshoot, thanks! If u go, maybe check how long Dan spends with the AZ guy - and the body language too, do they look like partners-to-be? :)))))

Might be a coincidence but I think there is no "Mr 200k"? 200k is the NMS so anything over that (to buy or sell) and you are inside the MM's clutches, as they can charge a bigger spread than the already huge 10%!

Guess- for now - I was right about marginal supply; imagine what happens with 500-600kk BUY volume after a super RNS?

Looks like a BUY to me, Davey; Bid-Offer 4.11-4.30 after this trade, so unlikely it was a sell; just IMO. But it shows that the supply of stock is - for time being - marginal, if we get a helpful RNS then it'd jump upwards.

Prudence would suggest that they want to have 3-4 weeks of production/deliveries "under their belt" before issuing the RNS, to preclude any hiccups in the meantime; plus, if they expect the results of the miner. study too during this period, they will wait until they can update the market on both; IMO

29 April RNS "Daemaneng expects to reach sustained production of 2,500 tons pm, BY JUNE 2026, followed by a gradual increase thereafter"; Co has been issuing updates every 1-2 months, so a high probability to get one in next week or so. Should be about June actual production, maybe cashflow and even about the results, possibly, the mineralogical Assessment of Layer 21 Magnetite; IMO, it will be a very material RNS. DYOR, GLA!

@apps, "We've no idea how long these pharma companies have been looking so closely"; I think from early 2025, if not earlier; May and Sept 2025 was the only time that Dan attended any medical conferences; the first one was around the time of the EMA ODD application, the 2nd just after the FDA ODD application; IMO, Dan had instigated contact with a partner (or more) who requested an ODD designation etc; he went to the 2nd Conference to update re the EMA ODD given and the pending FDA one; once NFX got the FDA one too, Dan didn't need to go to any more Conferences as he was already in close contact with the partners; all IMO.

With the war "over" - at least for a few weeks - next RNS (eg a major contract) should push the SP to 5p, IMO; it doesn't take a lot of volume to move the SP.

AGM voting:

https://assets.t42.co.uk/documents/20260611-agm_results_2026.pdf

TTown, I wasn't able to - is there a recording somewhere, by any chance?

Should be getting an RNS, probably the standard one, in the next 2-3 hours.

I focus on that the SP has doubled since March and will probably double again before Xmas; so, someone selling down gives us a chance to buy more at - still - lower SP. If you believe the SP will be higher in a few weeks, then this guy is losing out big time.

We will see if any surprises spring tomorrow.

First time I will agree - partly - with you, FFXS! I don't - though - believe there are "gullible" investors; just greedy (who knowingly believe PnDers) or lazy, who can't do some reading/thinking by themselves; Caveat emptor - however, PnD can be useful sometimes as it increases liquidity in the stock, reduces spreads and thus makes it easier for investors to both enter and exit, depending on their views. GLA!

Some decent volume - hard core punters??

Co was burning appx 120-130k per month in H2 25; it had 1mln on Jan 1st, was owed 210k by Qatar and some from other debtors; in March Bob stated that they sorted out production issues with LX by stocking up etc but SRB kits were still out of action (as per last interview here); so, main question is, are they back to selling big numbers of LXs/FXs? IMO, any Placing would not be below the 0.75 (as last December - so little dilution) and it'd be for expansion of production etc., thus more attractive to potential placees. The AFS 2025, which might shed some light, has been slightly delayed so I am wondering why; of course, the deadline is end of June so definitely no rerun of last year's 10 day suspension. All in all, some short term hiccups maybe but huge potential in 2027 and beyond IMO.