Member Info for ontarget

Thanks Troajan. The Q&A from 20mins in looks interesting, will watch in more detail later.

Financing costs were deducted off the post-tax profit which made it a loss is how I read it.

I knew simplywall.st was computer-generated trash but I didn't think they would get such basic facts wrong. It was Jonathan Leslie who sold down some of his holding in October, not Luke the ex-CFO!
Utter trashy pointless and misleading website.

For better or worse it doesn't seem Evgen's style to blow its own trumpet unduly - they take a very measured cautious approach. Another company doing the same things could well be shouting about the future autism trials and how Evgen is going to help find a safe and convenient 'cure' for autism symptoms for example, but Evgen will not do that until it's 100% going ahead (being dependent on the completion of the Phase1b in Q2 and then IND submission/FDA approval) because that's the way they do things. Or in other words they prefer to under-promise and then over-deliver.
Ultimately I'm hoping this approach will pay off for us shareholders but obviously in the short-term it doesn't help us.

You could also argue the PI market is pretty dire at the moment (not helped by it being tax-loss season) and they should be aiming at the II and HNW investors - perhaps they are behind the scenes.

My post was sarcasm btw - I think it's bizarre and perhaps suggestive of mental illness to believe all 100k trades are by the same person especially given it's such a common block size to trade in!

Correct, all sells are by the same person. Especially uncommon trading block sizes like 100k.

You might want to ask yourself, what kind of geologists would want to work for Bell..

"I know what the two sets of geologists think is there but RRR can't put that in an RNS"

Yes there's a very good reason companies have to drill to find out what is actually there rather than go by what a geologist 'thinks', and why they can't put that in an RNS - without any drilling it is very unlikely to be correct. And therefore 'investing' on that basis is akin to pure gambling - if you are happy with that then fair enough, it's your money!

Bell being involved could be 'a bit of an issue' too. Curious why you're so keen given his long and inglorious track record?

Indeed, Shanta AISC was $100/oz lower than CEY in FY 22 and Q4 22 and is expected to fall again once Singida is online.

The slides from yesterday's InvestorMeet have been put up on Evgen's website:
https://evgen.com/wp-content/uploads/2023/03/Investor-Meet-ProActive-Investor-Events-23Mar23.pdf

And weren't those figures from the broker at $1750/oz if I remember rightly?

Yep, seems like quite a few things are waiting on the completion of the Phase 1b study. Could be unusually active on the newsflow from Q2 onwards!

Certainly seems like everyone is asleep when you look at Shanta. ETFs and other miners are up 4-5% though as gold quietly creeps up towards $2000 again today.
Wonder if one day there will be a sudden realisation.

Yes the difference between the with/without SFX-01 was quite dramatic, it wasn't some subtle effect.

Proactive presentation/Q&A later will be available afterwards on Youtube according to the website:
Https://www.proactiveinvestors.co.uk/register/event_details/421

I suppose they did advertise it as about the Phase 1b trial top-line results RNS released the other day and not a general presentation. The Proactive in-person one tonight is a general one though so possibly there'll be a video or at least a set of slides to come out of that.

Maybe everyone else is going to the in-person event later?

That was a quick one. Can't have been many people attending - I asked 3 out of the 4/5 questions myself!

The InvestorMeet presentation/Q&As are usually put on Youtube by the next day. Not sure about the Proactive in-person event in the evening.