Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Art, the rto will be valued on the new business not the loan note and lack of assets that Amala has as its effectively a shell now.
Why are you bothering to deramp a share that's not even listed? Not seen anyone stoop that low before - you literally can't affect this share with your efforts
Hi everyone, I sent Cathal an email this afternoon asking a number of questions. I'm really hoping he will take the time to reply with some more open and frank answers. He's a good guy and normally does take the time to write a response which I always appreciate. When he does, I will be sure to post it here and the telegram group too.
Hang tight everyone, ORPH seems to be doing just fine it's just the sentiment doesn't reflect the company at the moment but sentiment ebbs and flows and will return.
I emailed Cathal about the Covid challenge studies and I know he is always happy for me to share his reponses publically:
Matt,
I can assure you COVID studies will go ahead, and we all know COVID will be with us for a very long time, and there will be a lot of work in this market. However, I am just trying to guide the market and bring attention to non-COVID work. We have a sustainable amount of challenge studies for RSV, Malaria, and soon to be TB. I have been conscious that the other stocks on AIM have completely collapsed in recent months because their COVID revenue has come to an end in many incidents. However, I can assure you we will have huge COVID revenue, but we will also have huge non-COVID revenues,
If shareholders can just sit tight and trust us, I do believe the share price will be in a very healthy place by the end of the year.
Kind regards,
Cathal Friel
And the 2022 target revenue of £50m is specifically non-covid, so with covid, one could see that doubled
It is normal for new contracts to not have all of their value recognised immediately and so some revenue from recent contract wins will not be realised until H2 (or beyond) dependant on their completion dates.
Hi Ryan,
I'm not sure all of the more recent contract win revenue will be realised in H1.
How on earth can they market themselves as plant based and have suggestions of using eggs on the site
Hi all, I have been a bit surprised about the level of the panic here recently but the result offers opportunities that the market rarely gifts - I understand everyone as their own thought on this. I thought I would also share a message from Cathal yesterday, as I know people like to hear from him, myself included:
"Many thanks for your email. When we are in the middle of a number of transactions, we are very limited to what we can share but I can reassure you that we have never been happier and more excited with what we are doing with Open Orphan, and for those investors who have had patience and bear with us I think they are going to happy in the coming days"
Just a little titbit to digest.
Have a good day everyone.
Not willing to get dragged into the depths of bulletin boards - that post pretty much sums up why I don't bother.
Email him or the company yourself if you have questions and if you feel the burning desire to fact check that I spoke with him too, then by all means do.
Nothing so deep Mikel, he reiterated his intention to increase his holding after the RNS that was mentioned recently, and echoed frustration of private investors relating to recent share price movements and the delay in the news.
No need to be sceptical, DesertStar; I'm quite possibly the only one here not hiding behind a moniker and have no intentions to continue posting as I think bulletin boards are generally not good places, but thought I would do my bit to calm the natives, so to speak. Given the fact Cathal has maintained his stance of an upcoming positive RNS and his desire to purchase more shares, I don't see a reason to worry - although I appreciate patience can be a frustrating thing.
I shall leave you to your own devices, but as general rule, I think it's always better to approach the company in question than to rely on faceless people on boards as it encourages emotive decisions.
Hi all, just to let you know I had an email exchange with Cathal today and I believe all is well.