Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Jace, i believe you are correct re the manipulation.
Does anyone really think that trades of £15k warrants a drop of nearly 3% of the company's value? At that rate, then the market would value the entire company at just £495k. Note the spread of 22% Clearly designed to put the day traders off.
If you really want to see this in action, look no further than the share i previously mentioned would be good to get into. (eua) Continuous negative posts, dropping share price for ages, then the news comes. Up 140% on 5 days so far.
RE lack of news?
The issuing of RNS's costs the company money. Personally i would much prefer the BOD to spend that money on getting our product development advanced.
However, i do expect that we will shortly have news on the status of the development of the antibodies, and reagents we require for the ELISA test. Followed possibly by news that the successful manufacture of these protein complexes are to be licensed for use on other biosector's platforms.
News should then follow on regarding the test being produced in numbers sufficient to support a retrospective clinical study with patient samples.
By the end of the year, if not before, i fully expect that we will be in a position to submit at least an application for CE approval, and probably FDA too.
I further expect news later on the development of the companion diagnostic. This may or may not include further news on a further opportunity available to us by the re-purposing of currently shelved, but phase 2 approved drugs by other companies. (by re-purposing, i mean the different use of a drug, from it's intended manufacture. For example, Viagra was originally developed to treat Angina/high blood pressure).
Plenty of news to come, but as i said previously, this is a longer term investment, not a quick flip.
Neil
They are starting to get a bit agitated now.
Expect more shenanigans over the next 11 days.
Aldi's could be getting a run on bog roll as it gets nearer the 11th!
Just added another 500,000 to my holding Mr Haywood
Neil
re the question of suspending the vote.In My Opinion...... NO. Absolutely not.Forest Nominees, nominated by G.P. (JERSEY) Limited, made the requisition request, not a "shareholders group" Therefore, this attempt to ammend the resolution proposed would be invalid. The fact that they made this requisition request 22 day after the first requisition without any reference to any concerns they had regarding the running of the company shows this to be a vexacious and / or frivolous request. Which is already noted by the board of Block Energy. Forest Nominees were then given the opportunity to withdraw the requisition, but chose not to. It is my opinion that they were stunned by the kicking they received in the last vote, and the level of support shown by US, the little man, to Block's Board. They are now in a no win situation, and are desperate to try and to save face by this back door attempt to get their resolution through. Hence the "we will pay" farce. Sorry, but when the next vote goes through, you will get what you deserve. And i am still buying to make sure i get as many votes against you as possible. Neil
Dear Mr Haywood
2 weeks ago, i backed you with my holding of just under 1% of this company
Again, for the upcoming vote, i am backing you with my holding which has increased to just over 1%
When you show this shower of s**t the door, kindly kick their ar**s straight through it.
Yours
Neilin62
Jimzi
Not a very nice comment.
Not that i am required to advise you,but the sell of 200,000 shares was me.
I have a large bill to pay on Monday, so i sold a few of my holding. Since my average was in the region of 2.625p, even at this low price, i m still very much in profit, as are the remainder of my holding.
No need for rudeness when you don't know the seller or their reason.
Neil
Rooblertwo's post on 22/07/2021 @ 08:45 (which has since been removed)
"Shame pre RTO investorsare still around 50% down haha"
Sold out and gloating over other people being down.
That tells you all you need to know about him.
Still hasn't replied as to whether he honoured his bet with me to donate to charity. Come on Roobler, i didn't lose the bet, but still donated £5,000.00
Have you donated your £250.00 yet?
Neil
LB
Many thanks for taking time to post. Appreciated, and keep up the outstanding work on the other one.
Widglide
Someone (ii's) did invest £2.2million here, so they must have believed in it. From what i can see, they have not sold out either.
You can't say they have done nothing regarding media or networking. They clearly have, hence the CRO's, and "We are also investigating additional global strategic alliances",
They are keeping us informed too. Lets be honest we have had more communications in 5 weeks than we had in 2 years previously!
re the comment on not answering why shareholders were shafted, i,m sorry, but i don't agree.
Allan quite clearly spelled out the reasons at 34:30 of the webinar presentation.
Neil
Hi Jace86
The other share is EUA which i have previously given people here a heads up on.
If you ever want to see how blatant the market is manipulating the share price for their own end, then you should look back at it. Fabulous news on all fronts, yet the share price is shown as down every day. Shows buys as sells, and disguising them by the UT, spread, etc.
Note how quick we jumped back up from being over 6% down half an hour ago.
Neil
Not news to rally the troops. This is news that has to be announced to the market.
Excellent news too in my opinion. I refer to my post yesterday saying that more news will come, and here we are.
The share price yesterday should have given a pointer. It was clearly being played.
There is a poster on here ( i won't name in case he does not wish to comment) that has done sterling work on the market manipulation of a certain other share and understands what is going on re the share price.
Neil
Widglide,
I assume you are intimating myself with the comment:
"feeding info to certain share holders who managed to convince everyone this the right deal and now look ...."
Firstly, nobody has been feeding me information. I ask questions, just like you are able to, and i get answers.
Secondly, i haven't convinced anyone this is the right deal. I have repeatedly said that all my posts are in my opinion. You should make your own mind up with your investments.
That said, it is still my opinion that this will be good. Just not in the time frame you were clearly wanting. The prospectus clearly spells out a timetable of events. You say that "they are slow at making it happen" This is bio technology. Nothing happens in weeks. I said that i expected to see the BOD signing up some licensing deals etc fairly soon after listing. We are only what, 5 weeks into listing and they have notified an MOU with some pretty decent numbers., so things are starting to happen. There will be more to come.
As for "rejecting the deal and making a better one" i think i can safely guarantee that that would never have happened. We only had a small amount of cash left, and the cost of an aborted RTO, (don't forget that capital was "pre" raised from investors, so they would not be happy) would have closed us up for good. The relisting costs i think were in the region of £half a million. There is absolutely no way we could start again.
Other companies won't have the same product faster than us.
For a start, the technology is patented. For another, we are far in advance of the technology, with Dr Coverley having presided over this for the time she has.
I was reading an article last night, and it may surprise you to know that it was an article in Peru, that are aware of our company and the technology we have developed.
Yes the share price is a real s*it at the minute, and to be fair, i am hugely down at the minute. But i believe that in time this will be a great company, if everything comes to fruition.
However, do not rely on my opinion.
Neil
Hi Countingcards
Yes, that's correct. I was using the numbers from the prospectus, which includes the warrants, as they are included in the 4.42% stated holding. Without the warrants, this would bring him back to 1.55% as you say.
The issue i have is that despite a request to clarify the holding position, and whether the warrants were taken up, the BOD have not given any clarity on it. However, as i posted some time back, and as you correctly say, there should have been a TR1, which would have cleared it up conclusively.
Not that it matters in the grand scheme of things, but it just throws the numbers out a bit when trying to work out who is increasing/decreasing holdings.
Neil
That's interesting.
According to the register of significant shareholders updated on 7th June , there are a number of changes to holdings declared. Antos Glogowski, our largest individual investor, does not even appear! previously holding 4.42% Did he sell? Where is the TR1? I have raised a query on this.
Yorkshire Cancer research - no change
Finance Yorkshire Seedcorn Fund - no change
Hargreaves Lansdown - below 3% as i posted previously, now not showing.
Dr Dawn Coverley - no change
University of Sheffield - no change
University of Leeds - no change
University of York - no change
Rose Noble ltd - previously holding 5.82%, now not listed, so at least below 3% if not out completely. Where is the TR1?
Bank of New York Nominees - new holder with 6.92%
Roy Nominees - new holder with 6%
Jim Nominees - new holder with 18.38%
The 6% drop today is totally disconnected from the share price. A few thousand quid in trades does not equate to wiping almost £1/2 million of the MCAP.
However, i believe this was more affected by the late published trade tonight from yesterday. An apparent sell of 530,838 shares yesterday. That's what subdued today's good news in my opinion.
Wideglide/JohnnyFunerals, - currently sitting on a bigger loss, but you know where my opinion lies. Just to be clear to all though - only my own opinion.
Neil
Don't know if anyone else picked up on it, but there are a couple of lines in that RNS that are of real interest;
".............already licenced to SGS by a large pharma company, which seeks to address unmet clinical needs in autoimmune disease". A large pharma company.remember the ones i mentioned previously?
"clinical samples, reagents and patient and technical information and, in addition, will provide regulatory and technical advice on securing the required regulatory approvals for the companion diagnostic platform. " Access to reagents, and someone that knows about the regualtory processes already.
All starting to come together.
Neil