Member Info for missthepenny62

Always hard to resist topping up after watching one of Tek's presi's (maybe I'm a sucker). Anyway here is the latest one from a couple of weeks ago, apparently they won a dragons' den style vote they had there:

https://www.youtube.com/watch?v=yLegHXdbnUw

Notice the first batch of Lucyd already sold out.

They now hold 25% according to the RNS yday. Approval will see a divestment of at least 100m+ I believe, to be paid in a dividend, at least that was the stated plan tho anything can change. However, only thing I know is approval will be massive for the SP, especially if it leads to a dividend which is something even this market would have to recognise. And if it's not approved, they have the microsalt to start raking it in by next year all being well. Tek at the 'sweet spot' right now between R&D and monetisation. Fingers crossed for the next couple of years, I have high hopes (tho it's the hope that kills you, just like with the footy, so I gotta be careful not to get too optimistic!). GLA.

BP just yday you said, among other things, "NAV is about 25p before todays excellent news", and today you say it's going back to 6p.

Don't really need to add anything to that do I?

Wish people were more honest on here, it's no wonder most genuine PIs have given up following the BBs.

Funny how you're accusing people of ramping whilst deramping the heck out of it yourself. There are in fact very few companies of this type, given the near term monetisation of projects coupled with the tiny mcap at way below half NAV, not to mention the growing core business.

Obviously after doubling in value in a day it's going to need to consolidate, but it was 18p (which seemed cheap at the time and we've had plenty of positive updates since then) a year ago and 35p two yrs ago, and 50p before then.

The reason it dropped to 6 was it was being sold down (sthg that was acknowledged by the company itself), hopefully the seller has now all but cleared thanks to the massive volume increase of the past two days.

Fair enough to talk about charts but it might also be an idea to include a few facts too. You've clearly sold and don't want to see it rise / want to buy back in lower, which is fine, but I take exception to you thinly veiling your deramping with patronising 'excellent little company' comments etc.

It depends on what PIs are looking for here, if it's just a trade then I can't really help you. I'm in this as a LTH, as the potential is absolutely massive. That's not ramping, it's just a simple fact given the stage at which their projects Lucyd, Bellascura and Salarius are at, with Guident accelerating their plans too.

DYOR. GLA.

This also gives the BoD and their mates a chance to load up before genuinely transformational deals get signed, which is what should certainly be on the cards moving forwards. Up 12% as we speak, over 20% above the placing price - u have to love AIM eh! :-/

Makes good reading. Claim to have a solid financial foundation for next phase thanks to sales growth. Huge market which the co is now primed for.

"Eden will continue to grow as a leader in its fields and will become a global success story in the industry."

Big director buys yday too. They are off the radar and the SP is relatively low on the chart. One of the better 'jam tomoro' companies on AIM I feel.

Am only 50% down now! Have read about all there is to read on this company and it's core projects. While the SP is in the toilet at the mo, the upside is monstrous, just requires patience which is in short supply I know, especially when the SP is much lower than anyone expected (if today's rise is sustained it might mean the seller is finally out?!). Want to see the core business continue to grow too while we wait for inflection points in the various pf projects...

What I really like is the recent top notch appointments they've been making have all signed contracts that are heavily incentivised.

It just means the 29 days hadn't improved further on the 15 days, but the 15 days was a big success. The fact they have a cream that is now scientifically proven to make older women look younger is being completely missed by the market!

This could well be worth a fortune IMO (is there an older woman out there who wouldn't want to buy it?). The company is already in talks with majors for a licensing deal, with their new CEO leading the way while Cath nurtures the science - sounds like they can adapt the cream to suit various age groups too thereby increasing target markets.

Apparently Cath is delighted with the results and is looking at a major deal - just wish they'd worded the RNS that way instead of the usual dour boffin tone!

Agreed, that would be huge. Unlike nearly every other mining co on AIM, KZG have the mine already built, all the licences they need, the resource confirmed in the ground (tantalum has huge, growing demand and there's a finite amount of it around, with KZG owning a significant chunk of it), and off-take agreements have been on the table for a while.

It's clear that it's now just a case of sorting the water pipeline and scaling up the mine sooner rather than later, but without further dilution and that's where the JV comes in.

With at least two major companies vying to be the ones to do this, and now with cash in the bank so Larry doesn't appear desperate during negotiations, with a bit of patience there could finally be the serious rerate we first hoped for when the SP was 14p!

Personally after all the false dawns and broken promises I'd be delighted to see 10p again and the co now seems more able to reach that - though it won't happen overnight - than at any stage before. Still a way to go but the end game is in sight.

Don't mean to sound rampy, have had my confidence dented here many times already, but it does appear this is the time to buy (and NOT back when I first bought at 14p!!!).

GLA.

From 17:50 here:

https://www.youtube.com/watch?v=vloQ-N-D8sY&t=1092s

If the link doesn't show, it's their most recent presentation on youtube. Finishes with "We can get to D-day on our cash" - and nothing has changed since as far as I know!

Just a ridiculous SP right now. Scrambling for funds to top up even tho it's still way above my average, because it's also now massively derisked with huge near term potential.

Spot on Jimzi. This placing is a bitter pill for LTHs. GL should be ashamed of himself. This is all down to his lack of contingency planning.

Without the constant embarrassing rattling of the begging bowl the SP would probably be hovering around the previous ATL of 20p in anticipation of the FDA meeting.

GL better hope I never run into him in the future. Iclaprim will most likely still be approved, and from 6p that's an early retirement level rerate, but sadly faithful LTHs won't share such rewards despite having suffered for too long.

GLA.

Agreed, an absolute joke of a market reaction. AIM is becoming more like crypto every day, just a bunch of trading tokens regardless of fundamentals etc, led by manipulative rampers / derampers and with the MMs fixing the price. Very frustrating for LTHs of good companies like this one. Patience required, even when it shouldn't be necessary!

An 8% rise (at present) after such monumental news really makes a mockery of the entire market and makes mugs out of us PIs to boot. Sorry for the rant but it appears potential has zero value at the moment, which is bad bcos potential is all that most AIM companies have going for them!!!

Gmed the less dilution the better at this low price! They obviously think the SP will be higher in the future if they don't want to raise too much down here...

Best possible take on this is that Larry is strengthening his hand in negotiations for a JV!

Very similar to 'sister company' IRON's latest raise while they negotiate an off-take agreement. Time will tell eh but if the JV happens then the placing is an opportunity for their mates - let's see if there is a TR1 anytime soon.

Always hate placings, obviously, but it's at a relatively small discount, above all time lows, should mean the JORC is nailed on, and Larry should be less over a barrel when working out the water pipeline funding and subsequent off take agreement.

Disappointing but not the end of the world, and an opportunity for newbies to buy in. The company has certainly been in worse shape before and at least we know where we stand a bit more now.

GLA.

Stephen Franklin CEO of Evgen Pharma:

“The most important thing is, we had to raise enough to be able to A; complete those two Phase 2 trials, B; assume they’ll be delayed, and then have enough runway TO DO SOME KIND OF DEAL. So we’re fully capitalised to not have to come back to the market."

I did warn PIs not to listen to people crying placing after selling up. Hold for gold I say. Nothing wrong with a bit of profit taking but scaremongering after selling just isn't cricket eh.

Anyway am not too concerned about the SP today, if the company are true to their word then we are sitting on a gold mine and today's RNS is great news for the fight against breast cancer!

Only 5 comments so far today after such news, talk about off the radar! Just hope it doesn't end up getting traded by the usual crowd, as the herd and rampers and derampers will follow. If the the SAS readout in Q2 is successful too, the potential value here vs the current mcap is obviously huge.

Also important to note the company are most likely not planning on raising cash for a Phase 3, but as stated before would rather license out or even sell up to big pharma who can take things forward more quickly. That would also be better for hopeful patients; breast cancer and strokes are two of the worst things to have affected my life as with many others so the quicker to market the better.

Flippin' eck Funky that's brutal. Been laid up myself on and off the last few years (coincidentally the time i've been in kenv!) due to MMA related injuries (like u, 40 is not the best age to do that particular hobby!), but nothing on that scale!

Well I hope a JV and subsequent massive rerate of the SP here will at least help your mood if not your foot. This time next year you will hopefully be limping more because of the weight of your wallet than the extent of your injury!!!

GL mate.

Nothing wrong indeed! This is the best RNS we've had from the company in ages (that's not saying much I know, but still!).

It all but confirms they have the resource (was never really in doubt). The issue that's been dragging the SP down is the funding of the water pipeline and the subsequent scale up of the mine. Most posters here's first choice as a solution to this was a JV whereby a potential 'offtaker' helps fund the process in exchange for exclusive access to the tantalum at an agreed price, and now there are two of them vying for this opportunity.

Obviously nothing guaranteed (sounds like LJ is trying to drive the best possible deal judging by his tone) but this is the news most long suffering investors wanted to hear. If they do indeed enter into a JV with an offtaker, this share will finally live up to previous expectations - which is significantly higher than where it is right now.

Sage advice. I think it will be around 6 months until the next D Day - all being well. Been here for nearly 3 years, can wait a lot longer if it means approval and early retirement in the end.

Tbh this past week has felt six months long on its own...

"MTFB is now the same mcap as IMM - failed P3- and is less than, not even started Phase 2 SCLP." Agree with you there Jimzi, it says it all!

The Motif placing could be the opportunity of a lifetime (although do such things still occur on AIM?) - or at least if could be if most of us weren't already so deep underwater!!

GL