Member Info for ontarget

Don't fall for the Bell****.

Evgen is clearly far below most people's radar with about £30k total volume so far today, so very few have appreciated the significance of today's news. I'm hoping tomorrow's two presentations will help to put it on more radars.

Sure it was positive, albeit in-vitro, very early stage and less meaningful - hence I guess why Evgen published it as an RNS-NON (non-price sensitive). Mind you many companies would have put the same news out as a normal RNS.
Today's news is definitely far more significant than that though - this is the new SFX-01 that is going to go into the forthcoming ASD clinical trials (and I assume the ILG on Glioma).

Very encouraging news, and IMO far more significant than the previous RNS(NON) that everyone was raving about.
Looking forward to the InvestorMeet presentation/Q&A tomorrow afternoon where we will see/hear from CMO Glen Clack for the first time I believe.

Not 36%?

Parade of the mindless lemmings

Therein lies the investment opportunity. My boots are full.

Seems like a good thing to clear these irrational/forced sellers before the pivotal major news we know is coming. I bet half of them will be buying back in down the line at much higher prices.

Getting de ja vu here deepjoy. Didn't you sell late last year as well at 8-9p?
Seemed crazy then and it seems even crazier now, but still each to their own.

It's not really the number of shares in issue - if there were only 100m shares in issue the price would be 10x higher and the volume would be 10x lower, so the relative volume remains constant. It's the volume in £ relative to the market cap.
You might be able to get a slightly higher dividend elsewhere but surely that pales into insignificance when SHG are about to bring a new mine on stream literally within days which will increase production by c.50% and cashflow and profits by a lot more than that.

Looking forward to the fabled divergence of gold stocks vs rest of market. Can't come soon enough.

I should have added - and surface sampling with high Li has been taken from all across that area, clearly those samples didn't get there from one pegmatite kms away.

Of course there may (and will) be more - SD is a huge area of 23 square km. The results released last month were from a tiny part of that.

You might want to check quotes before assuming every trade is a sell.
Currently 10.8/10.865 if that helps.

All in all, a big disappointment for holders who have been waiting for almost 6 months for these results.

The lengths of some of the the intersections are very good. The depths are ok-ish not particular shallow. The grades are disappointingly low.
Also Novoe which should have been the most promising one where we were expecting spectacular high grades, was a flop, which is a little bit 'hidden away' in the RNS.

No, he should keep saying 100,000oz - that's the rate we will be producing. Nobody is saying we will produce 100,000oz in the 2023 calendar year although it's possible we'll get fairly close if NGLM has a very good year.

Gold on the move up after Powell's speech started. Not sure yet what was said.

There are lots of factors to take into account and grade is just one of them.
Others include intercept width, depth below ground and consistency/density (i.e. did many holes hit the good stuff or just the odd fluke).
Yesterday's figures had one decent hole but the other c.17 were poor unfortunately. Let's hope the remaining 18 are a bit better.

This was also mentioned in the recent presentation/q&a together with a few other options.