Member Info for pablo2

IQ-AI gives the impression of some Kuwaiti/Iraqi/Al Quaeda gang or International Quidditch Association.

Flying Brands gave the impression it was going places

Anyway, stuck with it now. I'm pronouncing the ticker Ick Aye as in some pirate salute.

"Kumtor workers demand 50% pay rise: Mining and Metallurgical Trade Union"

https://akipress.com/news:611857

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Should be getting an Aim Admissions Doc out this week or next or we'll get thrown off Aim on Oct 24th. Imagine one will be timely and will simply include our takeover of the 'polymetallic asset'. Will Kumtor acquisition have to be officially dropped then, I don't know.

Then reinstatement and share dealing - which way will we go, Up or Down? Not a great deal of impetus either way perhaps as Kumtor disappointment countered with funding which included conversions @ 30p and 33p and the bulk of further funding convertible @ 37p.

In my experience the mm's will probably take us down to start with to see how the land lies but hopefully not for long. But getting ahead of myself, get us reinstated.

Very confusing at times but this explains how this URU asset is not ready for short term gain :

Summarising : Available for sale investments are investments that do not qualify for classification as held for trading (fair value through profit and loss) or held-to-maturity investments. VERSUS A held of trading investment (also known as short-term marketable security) is a financial asset that is readily marketable and is purchased with an intention to generate short-term gain.

Just like to give my opinion and a reply I forgot to post from Sep 19th from Barry the CFO :

Not too dismayed by the fund raise, get that all off and announced on Monday, even at 10p, and we're off and running flat out. Genuine company with genuine products and honest to boot. Don't think the 'going concern' statements are unusual but the honesty in stating further funds will be needed is, so laudable.

Here's the Sep 19th reply I got with briefly my queries :

"The Directors estimate that these payments will be no more than £1m ". Is this in addition to the £2m already paid as costs settled relating to the July 2017 trial?

"Once launched, Premaitha will pay Illumina a royalty per sample tested using the IONA® test based on Illumina sequencing technology". "Premaitha will develop an IONA® test that runs on Illumina sequencing technology, to be launched in early 2020". Does this mean that royalty payments to Illumina will not kick in immediately, not until this new test is up and running in 2020?

Dear pabs

Thanks for your message. Unfortunately we are restricted from disclosing the details of the settlement but I can confirm that today’s announcement does not reflect the £2m paid previously. Similarly, I can confirm that the “up to £1m” covers all costs payable until we launch the new version of the test.

Regards

Barry
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Feel that bit about 'all costs payable until new test' is good news

Yep, you're right a few (5) trades have gone through on NEX exchange.

CAI on ASX doesn't exactly lead the way either

Up 8% .....on zero trades - lol

There does, as usual, seem to be a few ambiguities still to tie up in this deal. Perhaps an email to the company simply to clarify - anyone on good terms?

The fact that this noose is off our neck and everything is out in the open is great. It's now a decent investable company with nothing hidden in the closet.

Re-rate has already happened substantially over the last month but will continue imo

Dibs - you are right in that £2m costs were paid out around May, so £1m looks additional.

Good morning Twix, the Bible on NIPT

The following was Tweeted on Saturday by @sallyephillips, "Rollout not now happening in Oct due 2 patent battle btwn manufacturers. Public Health England not announced it but midwives know. We have grave reservations about new ‘info’ materials. FOI request shows in areas where #NIPT available privately drop in DS births as much as 75%"

Perhaps the news 'crossed', ie there is a delay because of the dispute but it's now resolved

where are you? After all these years, not going to miss the Big Day

Finally.

Now we can get this ship sailing. They don't say how large a percentage Illumina will get in the long run "Premaitha will pay Illumina a royalty per sample tested using the IONA® test based on Illumina sequencing technology" but, it's done, settled, over, hooray !

I imagine the 2 Martin's holdings have been diluted like everyone else's by the recent share issue on loan conversion(at 30p)

Hitchin Trader here - nice one, PPG starting to pick up

Some action here at last. Nice to hear all you big holders are confident something is up not least of which are Piri's investments.

Thanks for the heads up, it would be great to increase my meagre holding but not sure if I've any cash.

I'm with you here, 2nd broker nearly always means placing.

But I'm so down, no point in 'de-risking' just continue sitting on hands and occasionally releasing them for prayers

Just to say there is quite a lively discussion on ADVFN nearly all led by 'casual47' who seems to have given up on LSE. Couple of intelligent, mining/financial boffins on there too. I do like the layout here so will continue to post on both boards but a bit quiet on here.

Just spotted RBC Capital Markets have issued a Broker Note today and it sums up as Buy, Target 60p = very stingy

Nice pic, good article :
http://www.mining.com/chaarat-gold-ups-kyrgyz-republic-project-resource-46-pct/?utm_source=digest-en-au-180905&utm_medium=email&utm_campaign=digest

Don't know what it is about Dusty, he's just soooo likeable and oozes confidence with his experience - a great interview on the latest drilling :

http://www.proactiveinvestors.co.uk/LON:CGH/Chaarat-Gold-Holdings-Ltd/

anyone care to say what percentage of ourvalue is in Togo and what in Calidus? I'm thinking more than50% in CAI