Member Info for RayPointer

If you go back a year I make the no of issued shares at about 1300 million (before the 10th Dec 2018 RNS)
So approx 50% dilution since this time with now 2000 million shares in issue

The market seems to like this dilution since the SP was around 2.7 prior to 10th Dec and now stands at 4.1.
So approx 50% rise in the SP in this time.

Why?
Simply because the money has been used to fuel a big increase in revenue.
Also for over a year now we have been in real profit.

"Is this set to continue?" is the crucial question.
IMO, yes.

Whether JLP could have managed to get where they are now, without this 50% dilution, is to me a much less important question.
It is also a question for which we will never know the answer.

http://www.genmab.com/partnering

Genmab is also seeking collaborations to develop novel antibody therapeutics in a range of disease areas.

http://www.genmab.com/product-pipeline/products-in-development

Notice 2 mabs in partnership with Biontech.

So possibly Genmab is our Avidimab partner.
1) Previous link to Scancell
2) Looking for technology partners
3) The BionTech connection - an unusual menage a trois :-)

But are Biontech and Gentab in love with Scancell ?
or
are Scancell and Genmab in love with Biontech?

Speculation after a glass or two of wine (also 3 coffees)

How can you pause something that is not moving? LOL

I'm fine with dilution as long as it fuels growth of more than the dilution.
IMO, this is the case here.

No clues.
The Scancell collaboration cannot be part of their pipeline until a deal is struck.

I reckon a buying opportunity has just presented itself. SP now down!

Well done Balerno

So, Lindy on the front page of the Times tomorrow LOL.

My favourite Lindyism

" These Cykotoxic CD4+ TCells really are amazing" -

Feb 2018 - Calculus presentation

Total
Keep up the good work. It is difficult to estimate revenue and profit in advance since there are so many moving parts and so much we don't know.

ATB

Balerno
Cytotoxic CD4+ Tcells is exactly what Moditope activates.

I don't think it is down to Vulpes.
IMO, it is down to Lindy's growing reputation within the scientific community.

Bricks
Get your decimal point in the right place on xe.com
0.06 pence should be entered as 0.0006

Einstein combined the 2 theories to make Mexican String cheese. This was the forerunner of his unified field theory.

I thought popes were not allowed to obfuscate

So do I, but only leaning at present.
Another possible answer is "data before deals"

The only FEATURED PRESENTATION

If there is a Mrs Bird I'm sure she's looking forward to a tour of Chile's copper mines LOL

Chile is by far the biggest producer of copper in the world. The production is about 7 times that of Zambia.

https://www.statista.com/statistics/264626/copper-production-by-country/

And the copper mines are mainly in the north of the country.

https://www.researchgate.net/figure/Regional-subdivision-of-Chile-and-copper-mine-locations_fig1_334001195

So Leon's thinking might be:
a) Prove copper process - close to doing this at Kwabe
b) Prove fine copper process
c) Prove the concept of a regional processing hub

Then maybe look at repeating the process at different Zambia locations before looking at Chile.
Obviously this is looking ahead (maybe several years) but he is definitely thinking ahead.

The reduction of pollution problems must be attractive to any government. As Leon himself says - we are taking away a headache not creating one.
All IMO but this is just one metal that a few months ago wasn't even being talked about.
It would also be interesting to know what other metals are in Chilean tailings that are considered not worth the effort of extracting at present.

You may well be right about fine chrome at Hernic, it seems most likely.

Another possibility but perhaps not this year might be fine copper at Kwabe.
From the last Kwabe update:
"The Project continues to receive keen interests from small to medium mining operations offering third party copper material for further refining, which is in-line with the vision of establishing Sable Refinery as a preferred regional refining hub"

Processing fine copper may be a stepping stone to starting a project in Chile. Also another string to JLP's bow.
It could be that part of the strategy is to prove new processes near to their bases in Southern Africa before looking at projects elsewhere. Having proven processes for both copper and fine copper might be a prerequisite for starting a Chile project.

I also thought the interviewer was very good and asked some very searching questions.