Member Info for Rambo23

Wilk1 - Just topped up bargain at this level if you are prepared to be patient

I agree why would you wait all this time for EWT tests and sell before you know the outcome for a low valuation unless you were under financial pressure.

That is not why we are here and fully expect us to see the outcome of the EWT tests and continue as normal. SS used the word 'strategic'....not necessarily meaning buying up 100% but having 51% or more and therefore the controlling stake is a more realistic interpretation. Just my opinion however.

Great report and well done for finding this and sharing, much appreciated. Good to see a formal government document taking notice of the opportunity here.

Looks like a couple of large buys have just taken place one for 1mm shares and the other 300k+ good to see some big positive tickets. Rod now is a good time to snap up a few to add to your already large holding!

Ian1234, I hope you are right on the funding. I'm hoping that once the milestone to treat a superficial tumour is met next month that is the trigger to get some orders over the line and make up for lost time on that front. Any orders will require a 25% upfront deposit I believe and that will help finance the next steps. I would like to know what the lag time is expected to be from order to having another machine ready as this one has been a long time coming. Once we get some momentum and Harley street is up and running that will be a game changer. I went passed the site the other week and it was all go. Would be nice if some timeframes were bought forward but we will have to wait and see.

Deepjoy if you follow Align on twitter all they have been doing is hammering this all am it is a joke. It was the same a few days ago makes me wonder what is happening behind the scenes. Remember this is moving on no actual reported factual RNS news. I'm staying put

MMhater, I agree there needs to be some clarity on the timetable here for Balcombe and Brockham as if we have to wait until the end of the HH EWT 150 days that is not ideal. I believe they are circa 40ish days in.

Good news SCC passed the planning yesterday. I watched it and it was a joke how off piste some were trying to take the conversation with the earthquake chat. Thankfully they were reminded it was a planning committee and not part of their scope.

have the cronies sacked!

111baker

Just looked this fishbone kit up serious stuff. However not seen this myself in any pics so far so not sure where you saw it if at all.

https://www.youtube.com/watch?v=LqDBw12_6R0

Negative article in the times today about earthquakes In Surrey and mention Horse hill and Brockham. Not good PR at a critical time. Have a read.

RNS out now with flow rates !

I bought some more this am as well and also not sold any to date. Really not interested in short term price movements its not my investment time horizon. Every one needs to reduce the coffee intake and relax a little until they have some actual news to read and respond to. They were very clear about 30-40 days being required for EWTs at each level and much of that time would be at reduced rates for the optimisation process to determine the Portland oil pool's connected oil volume and therefore possibly one explanation there aren't more tankers required yet. Time will tell.

PM44 I think it will come good and the next month or 2 is crucial. They do need to get on with it and demonstrate a working machine asap IMHO. Once we have an order this will change the landscape but they have to get that over the line. Hang in there and average down if you can that's what I have done over time. Time will tell if that pays off haha.

Bluejay released some aerial pics on twitter earlier with the following wording.

'Last year we excavated and shipped/ stockpiled 500 tons of high grade ROM from Dundas. This year we have excavated, screened and stockpiled over 5000 tons in only a few days....'

Solid stuff go take a look.

Thanks Degsy but my question is really around whether one pump can/ is suitable for the full 150 EWT or different ones are required for each layer?

Degsy, Scully / anyone else who might know

Is the current expectation that the current pump (limited to 4-500 bopd) is only for the Portland test and will be replaced for the kimmerage tests or will they use the current one and work out flow rates etc based on pressure etc etc for those deeper plays?

Saw some pics on twitter last night of other pumps at HH but it is not clear how they will be used and what the max rates are for these. Anyone know?

Hopefully they have a serious piece of kit that can take decent vols.

Hi PM44, yeah agree...recently got a load of money in from the Chinese so I would like to know how and if all of that has been spent. I think this raise although isn't ideal and as someone who has held these shares since the 120 days and averaged down it has taken far longer to deliver this technology that originally communicated by the company and we have had dilution after dilution.

However I think this will enable them to move things forward and I think that once they can demonstrate this treating superficial tumours it will change completely. Lets not forget that milestone could well be the trigger for an order. I wouldn't be surprised if we see something coming from our Chinese investors who owns circa 29% of the company. From memory I think on any order 25% is paid up front so that might reduce the requirement for further cash raises in the future. For example 1 order might lead to circa 10mm deposit received.

Given how long it has taken to build this machine I want to know how long it will take to manufacture machine 2 and 3! I also want to know if the Thales site for manufacture is now still part of the plan or not as they have not been clear on this point and referenced a UK manufacture site. More transparency please!

I think if all goes well with the development the Chinese would snap this up on the cheap once derisked. Any shareholder with over 30% would have to make an offer for the rest of the company under UK takeover rules if i'm not mistaken but just my opinion. I bought more at these levels the other week but will see how it develops. I went passed the Harley street clinic 2 days ago and it looked like any other busy building site so that is positive.

Main extract but not all. £6.41m Placing with Swiss based Investors & Healthcare Providers Advanced Oncotherapy (AIM: AVO), the developer of next-generation proton therapy systems for cancer treatment, announces that it has successfully raised £6.41m (before expenses) through the issue of 13,086,859 new ordinary shares of 25 pence each ("Ordinary Shares") in the capital of the Company at a price of 49 pence per share to a number of new investors based in Switzerland and certain directors of the Company (the "Placing"). The Placing, undertaken by Geneva based Synergy Wealth Management SA, has attracted a number of prominent Swiss Private Banks, including healthcare providers based in Switzerland participating in the Placing alongside them. The funds will be used for general working capital purposes as the Company continues the development of its first LIGHT system, for software development and costs relating to the new testing and assembly site being installed at the UK Government's Science and Technology Facilities Council at Daresbury. The additional funding will also be used for development extending beyond the key milestone of creating a beam capable of treating superficial tumours, which remains on track to be completed by the end of Q3 this year.

Good to hear Daramuda I might donate them my extreme season sleeping bag that kept me warm in the Himalayas. It might help boost productivity ;). A friend of mine has a storage container business so I might get him to send Rod 500 of them to turn that place into a mining town! haha.

Hi Daramuda,

Thanks for your comments. I think Rod has his bases covered and the use of the old settlement is ideal and saves some money initially. I have read all the material I can get my hands on over the last year and seen google maps etc so other than having been there in person I'm comfortable with what has been going on and it is an exciting time to be part of this. All about the execution now.

I was actually lucky enough to run into Rod at the start of the year randomly. I recognised him and approached him politely and had a good 30min one on one chat. Nice of him to give up the time to a random on a whim to talk about something he loves. You can tell by how he talks about the business that he really believes in this.

Exciting times ahead and yeah I do read Mikes reports on Bluejay. shift work could allow them to work 24hrs a day but I guess all will become clearer with the feasibility study.