Member Info for PippiLongStockin

You’ve really got your finger on the pulse.
The Reality about Oiland is that he’s a waste of space

Most people have lost someone close to them to cancer … I reflect on the impact of chemo on my mother as she stoically took the toxic treatment and suffered the side effects because there was no alternative…. If Avacta have nailed this I am celebrating these hero’s of science. Shorters can go sit on a fork

In my view the SP will be exactly the same 10 weeks from now regardless of whether the RNS is this week or next…

Ha ha, someone who’s had their fingers burnt on a number of micro caps in 2022…. Hmm wonder who that could be?

That would make sense… and judging by the lack of commercial detail in the RNS has that feel to it…. Maybe discussions already well underway

Why doesn’t Polarean just JV this, or use a distributor?

It’s obviously a quality asset…. Somebody will want to be involved in this…..

Don’t forget that options with Hurricane mean a raise off the back of successful drilling, if it is indeed so. They will use that as the point to raise any further necessary funds won’t they? And if they are successful early on couldn’t that be sooner than we may expect?

Maybe burning is too strong a term… but by obvious nature of being a developmental stage The company has a race to develop the revenues whilst trying to Minimise cash burn…. Some lower risk investors can bide their time over 2023… sure they might miss some of the upside but even if the SP doubles from here they will still be cheap…. Picking an entry point is a luxury for those not in the stock

I think a lot of traders have just aligned to this value inflection point of FDA approval & then LTHs looking to get out on positive news…. Bottom line is a company that is burning cash and not generating much revenue… investors can wait until this derisks further to get in / back in & still do well. I think this is the situation we are in today

Got caught up in the hype of 2022… haven’t sold a single share and starting to feel a lot more optimistic for 2023!! AH seems very structured putting the building blocks in place… quite unbelievable that so much prospective licence area is only worth £10m… the extra licences must be worth a few mill and these are primed now for 2023!!

Glad to have waiting this out the extra year. The SP was over £1 prior to approval last year but before bear market and an extra year burning cash…. I’d say 80p for starters with approval… they said they wouldn’t be sitting on their hands whilst waiting for approval either so hopefully a string of commercial deals contingent on approval can be announced… might get a super charged RNS or some in quick succession

I'm the trouble starter, punkin' instigator
I'm the fear addicted, a danger illustrated
I'm a firestarter, twisted firestarter

Unfortunately Gfinity have been found reaching. Try to make it and drive it up… but still £2m loss shared the heck out of me… I thought we were meant to turn profitable within the 12m….

Seem to be delivering…. Would be nice to see a re rate

Ok I must be a gambler as I didn’t know this stock until this morning and just felt it might all blow over and a 50% discount to NAV is a massive negative revaluation before book value is breached compared to current SP…. A week from now could be a quick gain

The market has dipped so we are stuck with the property unless we want to capitalise a loss

Do we sell the Victoria licences to pay for this?

If not mad then brave….macro economics doesn’t change the Geology. My concern is they really need to confirm some true value in the assets… plenty other small cap explorers further along and cheap…. Why buy ECR when you can get less risky miners at knock down prices

I think our valuation issue is long duration assets in current environment & looming recession. Amapa needs strong iron ore price and moving to mining phase has risks.