Member Info for nomlungu

I am a PHC fan; there is still a chance of another placing. They did an Investor Meet presentation yesterday that is worth watching if you have any interest in that company. It is about their "vaccines for plants" platform - biostimulants are a rapidly growing agricultural sector.

Has the dream of dividends crashed against the shore of rocky economic reality?

Has the dream of dividends crashed against the shore of rocky economic reality?

VW Warns Chip Shortage Threatens Car Production Worldwide

https://www.bloomberg.com/news/articles/2020-12-18/vw-warns-chip-shortage-threatens-car-production-around-the-globe?srnd=premium-europe

Delist?

Highly unlikely - who would the placees sell the placing shares to if the shares were not easily tradeable?

COPPER COPPER COPPER

They are comparing the resource to Trafigura's Minas de Aguas Teñidas (MATSA). MATSA's sales are over €500m per year; at current metal prices LS should return around 50% profit margins and MAFL have a potential free ride of 16%. No matter how you mash the figures MAFL are worth considerably more than less than £3m. If the interest was held to production annual dividends should be in excess of the existing m/cap,

TSE: ASND has crept up another point to 0.18 - that's a up 100% since the beginning of the month.

Troajan,

I mentioned MAFL in response to your Copper post yesterday - if you follow the link below there is a presentation about the resource. You can put any junk details in the name / company / email box as the video opens without having to be sent an emailed link. They are comparing the resource to Trafigura's Minas de Aguas Teñidas (MATSA).

https://www.ascendantresources.com/English/Investors/events/event-details/2020/HC-Wainwright--Co-Virtual-Mining-Conference/default.aspx

https://www.trafigura.com/about-us/assets-and-alliances/trafigura-mining-group/

https://www.matsamining.com/matsa-in-brief/

MATSA's sales are over €500m per year; at current metal prices LS should return around 50% profit margins and MAFL have a potential free ride of 16%. No matter how you mash the figures MAFL are worth considerably more than less than £3m. If the interest was held to production annual dividends would be in excess of the existing m/cap,

The goal of having a vaccine ready by the end of the year was also made possible by 15 years of prior research and regulations. As some are reporting, it was an overnight success story 15 years in the making.

https://theness.com/neurologicablog/index.php/it-took-two-days-to-develop-modernas-vaccine/

Should be loads of volume - might end with some unexpected moves

https://www.reuters.com/article/us-usa-stocks-tesla/tesla-to-see-unprecedented-trade-ahead-of-sp-500-debut-idUSKBN28S0L5

The slide on page 9 has £1.56m for abandonment costs [13%]. Have they spent the £2m they got when they bought the field for £1?

Surely that money was supposed to be ring-fenced?

Are council members repurposed by retiring them to an allotment?

67% effective against infection after 1 dose; 94% effective against disease after 2 doses.

If a third of people are still infectable and infectious despite being vaccinated with the Moderna vaccine [the figure is more like 50% for Pfizer and not established for AstraZeneca yet] vaccinations will not stop masks being required any time soon.

MASKS WILL BE NEEDED FOR ALL OF NEXT YEAR

Keep an eye out for people confusing the prevention of disease and the prevention of infection - there is a big difference.

"Cryptoassets can be subject to extreme volatility"

AIM shares next?

"Canary Trap" - Spencer’s letter was worded slightly differently for each recipient so officials would be able to tell which version had reached the media.

https://www.theguardian.com/politics/2020/dec/18/ministerial-aide-sacked-after-leaking-of-letter-warning-mps-not-to-leak-to-media-andrew-lewer

67% effective against infection after 1 dose; 94% effective against disease after 2 injections.

If a third of people are still infectable and infectious despite being vaccinated with the Moderna vaccine [the figure is more like 50% for Pfizer and not established for AstraZeneca yet] it will not be able to stop masks and social distancing soon.

Keep an eye out for people confusing the prevention of disease and the prevention of infection - there is a big difference.

There is a great deal of debt that needs to work through the system in China - the giant ponzi scheme has to burst at some stage.

The placing did not raise £250k; it raised £249,990. The £10 difference appears significant to some as it stays within the terms of the CLN entered into on the 4th of April.

"Equity Event: means the issue of Shares or options in respect of Shares (excluding options granted to directors, managers or employees) by way of a single or directly related offer to the public with an aggregate subscription amount of £250,000, £350,000 for the first six months, or more made without the prior written approval of the Noteholder;"

So "written approval" was not required - significant to some who read RNSs with scepticism and a forensic frameset.

Trebles all round...

No - there is someone who posts a lot who seems to value the tax losses highly and uses them to justify the valuations of several loss making companies that seem to offer the production of jam tomorrow whilst paying the chefs in advance (sometimes even paying the bonuses).

Well done BOD