Member Info for Seawolf

VikR, the reason that any re-rate has stalled is because the BOD or the drilling contractor seriously underestimated the time frame to drill 30 holes and produce the results.

The results are of course the critical factor for any increase in SP, it's either get in early before the rise in anticipation of results or wait and get in later at a price yet to be determined.

GLA

If I was a HNWI I would be very angry and on the phone to vent!

When there is little to no news flow, the SP slides, people like me get frustrated and fed up!

There are some that sell out after a considerable wait, sometimes years.

No body buying due to little confidence and no reason to believe in the company.

There are only a few people that can influence this, collectively called the BOD, for Christ sake get on with it.

Tiger, I too am expecting 1p this year as drilling progresses and results are published, anything higher would be a bonus.

GLA

No more options should be issued and a pay freeze initiated until further notice!

Frankinthai, have a look at the life cycle of a small mining company there are lots of aticles out there. Pay particular attention to the Lassonde curve. Good luck

It's a difficult one to answer in terms of cost to get the resources out of the ground and timeframe to do it. Even so, if it costs 10's of Millions of pounds the return on investment would be huge. Once mining has started it could take years to extract all of the minerals so it would have a long life. In addition, different minerals will require different extraction technologies, it's complicated. Still a very good prospect though.

While I don't like Trump, his words seem appropriate in this particular case. I'm very much looking forward to significant results by the end of this year and a major re-rate of the SP.

GLA

To be last in class for everything!

Not at all happy with progress or comms, useless.

While the drilling has been slower than first anticipated, the company has taken steps to increase drilling capacity. The results however are very good so far and based upon what the company already knows, it looks very promising.

GLA

R41N, I am certain that the weather conditions in the Med will add an inevitable delay to drilling, I am certain that it will get there eventually!

I was willing to give Parker until the end of 25 to provide some results, and if not seek his removal. I do however accept that the toxicology problem was entirely beyond his, or any other members of the board to control. I am now in the situation where I am so far under water due to general lack of business acumen, that I must at least wait another year. GRRRRRRRR!

While communication is welcome, there is nothing new! The usual, 2026 looks to be a promising year, how many times have I heard that?

T/O is a possibility but not before drilling results have been confirmed, due diligence and all that!

The potential is great (assay results and drilling program pending), it will however take some considerable time ( probably years) before the value is unlocked.

This is a long term program, play it how you like.

GLA

I am guessing that the drilling program is way behind schedule, hence the radio silence. We should however be due some assay results which were promised on an as received basis and ongoing signs of progress. Lets have some delivery to meet expectations for a change.

News should be due regarding the Tox trial and the ongoing AI work on the BBB drugs which was due to be completed before the end of last year. Come on Parker lets have some delivery.

Krone, sadly the BOD seem incapable of stopping the slide in the company share price, mainly due to their silence, which is staggering following the extended toxicology trial failure. SAR through no fault of their own (allegedly) has seen a significant slide in share price but realistically are in no worse a position than before the trial start, just delayed by around 6 months. Sentiment has however taken a significant bashing and i feel that this aspect falls directly with the BOD and brokers, what the hell are they doing to bolster this dismal situation?

If it takes SAR 15 years to progress a BBB drug they will be way behind in the drug development field (last in class), pretty much where we are heading with our current programs!!!!

Not at all happy with their endless positivity without progress, and little prospect of a deal.

No!