Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Thats another month of waiting for .....nothing.
I hope the news is spectacular when it finally arrives, although I may have died of old age by then!
https://www.londonstockexchange.com/news-article/VELA/appointment-of-director/15118038
The shackles should largely be off now ahead of news. There may be a few warrant holders flipping the odd shares for the next couple of days but at least we know that no more will be getting converted.
Although VELA has some very nice irons in the fire, I cant help but get a bit giddy about the SGS news. Its been a long 12 months building up a decent holding. Bring on the results!
Only one more day to complete the usual copy and paste exercise ;)
Slow and steady progress.
Sell on news. No chance.
If the news is as expected (AZD1656 is both safe and effective) then it is worth millions in revenue to VELA who will have millions to play with when it comes to making further investments.
Looks at JN's history. He doesn't just land one good deal and move on, he really builds up listed entities to become substantial entities (he isnt interested in being an AIM minnow).
I really hope you are wrong but the BoD don't appear to be doing much to move the RTO forward. It would be nice to get a proper update on progress.
It's simple. Hold for gold.
If the commercialisation of the drug is as good as most expect then then there will be no need to derisk as VELA will secure a long term income from AZD, supporting the financial freedom to make more sizeable investments in other opportunities. That's what excites me, as a ten bagger could then easily become a reality from current levels within 12 months.
When will folk learn to hold onto their shares instead of chasing AIM rainbows!
Spotted COPL getting ramped in the VELA chat and elsewhere last night. All those that dived in this morning are down circa 20% while vela has remained steady ahead of news. Don't follow the "ten bag" dreamers. You will be fine with Vela.
These pumpers need to find an alternative career. Pump and dumps don't work if the share price does nothing (or in todays case goes down). Its just the usual social media nutters that think they can influence the share price.
VELA does not need any help with multiple investments performing well (some providing cash) and news on the horizon from SGS and the new director. Just hold and look forward to the fireworks when real news arrives.
If today was a pump and dump it shows how quickly the SP moves on modest volume.
We are due results and hopefully news on the US subsidiary so with a bit of luck the SP might look a little healthier later this month (hopefully a lot nearer the 36p mark where we would be back at pre consolidation levels in terms of MCAP).
The SP needs to pretty much double to see us back on the level (pre consolidation).
I sincerely hope the BoD have something big going on behind the scenes as the MCAP is starting to look a bit daft!
No worries. A few people have done well with it while others are currently having a nightmare (despite being only a few months late to the party). I fortunately got lucky.
VELA is a very different beast. Lots of good news to come and big potential with Normand (Mr Honest and straight to the point) at the helm.
Definitely don't be promoting SYME on here!. Lots of very unhappy holders at the minute (some of which are looking down the barrel of a 50% loss since earlier this year)
Anyway, back to VELA.. Where are these SGS results?! That should perk things up a bit!
Oh FFS. Another extension!
Only a couple more trading days of the month with the PET exclusivity extension due to expire on the 1st August.