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SandyShore459:
You are right both have had plenty of support and time to deliver, they've failed spectacularly yet again. I don't know whether to laugh or cry but if they are removed (or resign) then they are also freed from the 12 month share lock-in so could dump more shares into a saturated market.
Moritz has been a passenger from day one, contributed nothing; he's just a serial collector of directorships.
Sarah:
"...........we are caged up....."
Thinks its AP and co that should be CAGED up, :)
How many months have they been talking and NOW we need to restructure.........!!!
ChadEnergy:
Glad you saw my post and replied, thanks. What do the rest of the LTH's think ? I thought this was very positive.
RNS 5th Jan 2021
" The intended outcome of the complex of activities under the Agreement is the clinical proof of concept for HEMO-CAR-T, including its variations such as SAFE-HEMO-CAR-T, for the treatment of acute myeloid leukemia ("AML")."
RNS 6th October 2020
"If these in vivo tests are successful, the Company will discuss its findings with its partners under the Sponsored Research Agreement with the University of Pennsylvania, announced on 11 August 2020, with a view to considering the inclusion of SAFE-HEMO-CAR-T in the program of pre-clinical trials currently underway there."
So, does this mean that the in vivo SAFE-HEMO-CAR-T trials were successful given that they are now included in the Penn Uni work?
Goodbye Darling
What a surprise, there's a 750K buy at 2p on the bell
Hopsta:
Come on, make some effort......it isn't hard.
https://www.rns-pdf.londonstockexchange.com/rns/3436J_1-2020-12-21.pdf
Hopsta:
Non regulatory REACH Announcement
https://www.londonstockexchange.com/news-article/market-news/intended-requisition-of-gm-to-remove-rms-board/14804141?lang=en
Sensetalka:
The 1p is the nominal or par value of the company ordinary shares. The placing , financing shares, was for 48m ordinary shares. The 2p refers to the price that the financing shares were bought at by the new and existing investors, i.e. they paid 2p per share.
just wondering if the MM's were a bit short of shares for the big order (an FOK perhaps), could explain why the price dropped afterwards - they seem to be picking them up at 0.43 now which gives them a margin.
112 million trade just gone through at 0.45 (£500K).
With the spread at 75% it doesn't look like the MM's are interested in putting any effort in to make a market.
Mark99999:
If PI's have been feeling under pressure due to the suspension of trading with a delist being a real possibility and then the subsequent call for an EGM by Metallon then they may just press the sell button having had enough. On a more optimistic note, it may be determined by the mathematics. Suppose the BoD, Metallon or the other significant holders need an extra few percent of the shares to get the vote to go their way, they can now buy them on the market ; albeit with a very limited number of trading days ahead of the EGM on the 8th Jan.
Anyway, LEK lives to fight another day so lets see tomorrow at 8am.
22 December 2020
Lekoil Limited
("LEKOIL" or the "Company")
Appointment of Nominated Adviser
Restoration of Trading on AIM
LEKOIL (AIM: LEK), the oil and gas exploration and production company with a focus on Nigeria and West Africa, announces the appointment of SP Angel Corporate Finance LLP ("SP Angel") as its nominated adviser with immediate effect. SP Angel will also continue to act as the Company's joint broker alongside Mirabaud Securities Limited.
The Company's shares have been suspended since 23 November 2020 due to the resignation of the Company's previous nominated adviser. Following the appointment of SP Angel, restoration of trading in the Company's shares will take effect from 7.30am on 23 December 2020.
From todays RNS:
"the Company has reached an agreement with Mr. Akinyanmi, which the independent directors consider to be fair and reasonable (having consulted with the Company's prospective nominated adviser, in the absence of an engaged nominated adviser), for the complete repayment of the Loan before 9 December 2021."
The prospective NOMAD has been consulted.......... they wouldn't be able to say that in an RNS if there wasn't some credible discussions going on in the background as it would be misleading. Also, the prospective NOMAD has given guidance on the matter, why would they do this if they had determined not to represent the Company ? You would just walk away surely ?
Guess we find out in the next RNS.
A 296 k trade at a price of 8.39 has just appeared from last Friday.
The spread at the time (12.20) was 8.20 to 8.40 so looks like a nice buy.
One of the MIA's ?
I see the 50k block seller is very active today, been around daily for the last 2 or 3 months. Always time their appearance and volume to exert maximum downward pressure on the SP.
Apologies if posted before, dated 10th December 2020. Some interesting points covered and relevant to the mining of lithium for use in batteries within the EU.
" All steps along the life cycle of batteries, from the extraction of the mineral resources used in their manufacture up to their collection and treatment after use, have a potential impact on the environmental and human health. The requirements and provisions proposed aim at decreasing such impacts to the highest possible extent."
https://ec.europa.eu/commission/presscorner/detail/en/qanda_20_2311
Coggy: you forgot one very important position:
Head of Corporate Communications & Investor Relations. ........SN :)