'MMs are buying ukog in large quantities while ukog is cheap.'
What a shame that they are selling large quantities as well. Of course, if there was no death spiral financing in place the price would not be getting cheaper whilst the Convertible Loan is wound down.
Maybe Mr008 should contact the broker and offer to provide the funding required and become a significant shareholder as he is so positive?
Simple maths - Russia produces around 11m barrels a day and are proposing a 15% production cut. World demand has fallen by around 35% from 100m to 65m barrels a day.
If the rest of OPEC+ agree 15% cuts the market will still be oversupplied by 30% (85/65). Still too much oil being produced so any price increases should just be spikes that will be sold into.
Surely the Ring Fence Corporation Tax of 30% that applies to Oil and Gas extraction applies - if so the intrinsic value of the accumulated losses would be a little over £5.5m (an extra £2m!).
I went to have a look at what price Best Invest will sell a chunk of Valirx shares for - they no longer offer them for purchase in a SIPP, which surprised me.
BillionToOne developed a novel qSanger-COVID-19 Test that is more than 30x higher throughput than existing quantitative PCR (qPCR) methods and is highly accurate and cost-effective.
Combining the unused Sanger sequencer capacity from the Human Genome project and the proprietary machine learning algorithm, BillionToOne’s qSanger-COVID-19 unlocks millions of daily testing capacity worldwide.
Test reagents will be made available in 2 weeks to clinical laboratories, pending manufacturing of kits and Emergency Use Authorization from FDA.
The Company and the management teams of both businesses continue to carefully marshal the limited cash resources available at present and particularly so in anticipation of the potential for broader impacts of Covid-19 on the economy in general including in markets in which the Company operates.
Limited funds + 156% sp increase = possible placing.
I wish I could live in alternative reality - my d1ck would be 3 foot long, I would be a billionaire, have big hands and sleep with women so hot they could have been porn stars.
Microsoft has released a PowerShell script that allows you to quickly start donating your CPU cycles to the Folding@Home project by deploying the program in the Windows 10 Sandbox.
The Folding@Home project is a distributed computing project that allows people to donate their CPU cycles to simulate the folding of proteins to research diseases and news drugs and treatments.
This project has become immensely popular since the Coronavirus outbreak, and with malware impersonating the program, Microsoft has released a PowerShell script that lets you quickly and securely get up and running with Folding@Home.
Fee Shares - what a fudge; the nominal share price is 0.1p and share cannot be issued cheaper. To get around consolidation they issue shares at 0.1p and then 'Fee Shares' at 3 for 2 for free, bringing down the price to 0.04p.
Interesting manoeuvre; some would call it very cheeky.
Been for an early morning walk with family and saw a Badger in the Park. Said to Brother that they would celebrate this with a bottle of Badgers Ale in the South West. Cheeky bar steward says he saw a leprechaun so added single malt to his morning coffee.
It has taken longer than expected but, if you are able to force change next week, I will still make the donation I mentioned some time ago to CRUK in acknowledgement of your efforts.
You do know that it can be spread through faeces - in the SARS outbreak people in Japan were infected through faulty plumbing getting carp into their apartments. So, yes, the virus can 'swim'.