Member Info for PaulBrains

Tomorrow is Saturday - presume you mean Monday?

It's not nonsense is it. Cash runs out Q3 2025.

Funding - market is clearly concerned.

30p would be great but suspect we might be looking at a slow grind down to zero and a lack of funding. Here's hoping I'm too pessimistic.

There is £132m of debt so not quite as simple at that!

"nothing to do with funding" - have you read the RNS - there is 11 months of cash left.

August 2025 isn't that far away! A couple of slippages or a lack of commercialisation or even a small delay in any of it and the balance sheet will need support.

The funding requirement is the drag.

Scancell have created the speculation by not updating the market.

Yup. The silence is odd and concerns me.

Total drivel. All of that. The company have an obligation as a listed entity to RNS material information as it becomes available.

FWIW - whilst not that common it happens from time to time where two MM's are happy to be bid and offer at same price - as in this case it resolved within 10 mins.

Ha - it's probably 85.5% - RNS rounded down, she rounded up - who knows.

It will take much longer than that. Some more positive data is probably all we'll get this calendar year.

Depends what the news says - surely?

Market probably thinking "oh, it was just ITK funds buying....no news".

This is incredible news - I do think it should have been RNS'ed for the step change in setup although agree there wasn't a requirement to.

The Directors anticipate that this is due to premature processing of the application. The Company has not yet received any formal notification of this decision and has engaged with the Mining Cadastre for a full explanation.

The Company also confirms that its interests in all its exploration licences in Zambia remain valid and all exploration activities remain unaffected by this decision.

Wasn't it published this afternoon?

"A complete wipeout" Nailed it.