Member Info for ontarget

> Also used the dip today to top-up

Yes, me too :)

Yes but they still have 2 things to do in the 4-6 month window don't they:

- Data modelling (2D and 3D)

- Negotiate and agree drill clearances

These things are all in a sequence - the first of those will use the data from the geophysics including the EM/DP currently in progress

The second will require the drill locations, which come from the detailed modelling.

There is zero point in setting unrealistic expectations.

They are currently (and we assume nearly finished) on the 4th out of the 6 items in the 4-6 month window, so we can reasonably expect the last 2 items will take 1-2 months followed by another 1-2 months for site preparation and drilling.

October for drilling commencing sounds about right.

That was a joke by the way. It's good that there is the backup of the oil asset here but for me the main excitement is the tie-up with Mr Baxter in Juno. If something comes of the oil that will be a pleasant bonus.

What oil?

In which RNS did they say Q3 for drilling? I have only seen H2.

But even if they did say Q3 realistically delays happen often even in multi-$B mining companies never mind £5m tiddlers. Timescales are never set in stone.

Yes could be earlier than October but I find its much better to have realistic/conservative expectations and be pleasantly surprised than the other way around. To me it's largely irrelevant I can wait another 2, 3, 4+ months but am aware that apparently some find that difficult.

They have been methodically working through the required steps outlined in the 7/1 RNS and elsewhere and are currently doing the final bit of work (see 2/6 RNS). They will then be able to determine the precise drill locations allowing them to negotiate the required agreements and contracts.

October for drilling underway would be my conservative guess i.e. 3 months time.

Finally got my 5m (2x2.5m) at 0.125p

Based on the timings of the first two patients I would expect patient 3 to start being dosed end of this week or early next.

PIngu your volume of posting here (15 posts so far this morning alone) betrays your true position - you are haemorrhaging money here and you are sh*tting yourself as you know through every inch of your soul you have f*cked up, badly.

Be honest.

I am looking to buy another 5M shares then I'm done (probably), and I'd like them at 0.125 or lower if possible. If any sellers would like to oblige tomorrow then please go ahead and dump as time is running out at these prices imo.

I was also excited after watching that, especially by the three UK companies he mentioned towards the end. But I was then disheartened to see that together they only make up c.13% of the portfolio (based on the book values in the Q1 presentation), with Liberation Labs, Supermeat and Blue Nalu being the top 3 holdings making up 40%. Any excitement for the much larger holdings?

Another one who obviously doesn't bother to read RNSs. Onto the 💩list you go.

They have stated on multiple occasions that they are fully funded for up to and including an initial drill operation at Juno.

The shareprice has dropped due to bored and impatient holders like yourself who expect an update every 5 minutes selling out to chase another rainbow.

Well that's possible I suppose, if they basically become a charity. Although someone still has to pay for it to be manufactured etc.

However to get to that point they need to go through phase 2 and 3 trials which will require significantly more funds. They aren't going to get there on a shoestring like they have been doing so far.

I assume you must mean the patients in the current trial will benefit with or without commercialisation but that's only 18 patients compared to potentially 1000s each year. Will Vlad and co be happy to stop at 18 do you think?

Yes the market cap is ridiculous and obviously takes into account the propensity of the BOD to dilute at will and their apparent inability or unwillingness to partner up with anyone. But unless they are intending to dilute this into oblivion that's going to have to change. For now I'm hoping the 'Purchaser' willing to stump up c.£450k @180p every month continues for several more months but the pace is going to pick up later in the year all being well and they are going to need something more substantial.

I have dipped a toe in this morning for the first time in many years.

The clinical progress is now starting to outweight the non-existant business savvy of the BOD imo.