Member Info for Silverfoil13

Hi Matty good to chat again! I’m the other way round!! 200% up on SAR and 40%down on GGP!!

Correct .. never wise to act on lse chat posts! I jumped into GGP and BOIL excited by all the hype last year and down 50% on both!! Confident they’ll both come back in due course!!

Certainly a great quote and philosophy .. I think the golfing quote was the legendary South African golfer Gary Player also famous for wearing white if it was hot and black if it was cold! I think the BOD have done very well to find an alternative to MHRA and certainly hope the trial will up and running in June!! Starting to feel like 2021 again!!

If the CTA approval is granted in Australia during Aussie business hours then could SAR release an RNS before 7am U.K. time?

Sorry meant 40p not 60p is my average cost so £1 would be okay!!

Anything less than 60p would be crap as far as I am concerned! That’s my average cost and having held for over 12 years I’d at least like to see this get back to £1 to show a bit of a return!! My preference is £2 !!

Whilst I’m really happy to see a surge in price like this I also feel when there is a raft of buys like this there could be a whiff of a bit of trading with inside knowledge which for me, if true, always stinks the place out!!

I have been explaining the OM decision and the escrow and seizure of assets issues to my wife and she has posed the question how many Italian ice cream vans and parlours would they need to be seized to cover the award?

Better than Predator Oil and Gas? I think they might both be multiple baggers this year!

MHRA have acknowledged the FOI request and stated they would respond within the normal 20 days.

Up 25% in 2 weeks .. very hopeful of £1.50 this year if 1Q production levels continue throughout the year and sentiment remains positive.

Potentially mouthwatering numbers! 2 billion is £28 a share or 56p in old money .. dwarfed even Thoth’s legendary prediction!

Thanks SOG I think such a degree of honesty from MHRA may prove elusive but enjoyed your draft reply!!

I sent in a FOI request 2 weeks ago to MHRA as follows. It has been acknowledged. Will advise response.

“ I am writing to make a freedom of information request re time scales for approval of CTA applications.
Can you confirm how long it should take MHRA to approve a CTA application?
Are there there currently unusual problems or delays at MHRA in approving CTA applications?
Since July 28 2022
How many applications have been made to MHRA for CTA approval?
How many have been accepted?
How many have been rejected?
How many are in limbo awaiting further information?
Many thanks”

I’m in this for £1 to £2 but probably deluded but it does happen sometimes!!

Not just zinc

No reason now why we shouldn’t rescale the heights of 1.50 now over next 12 months. Then might sell my final chunk. Been a great ride since 7p albeit slow over last few years!!

Interesting Alan .. I learned my lesson on RKH and did not sell at £5 when I should have at least sold some and so with RKH now at 10p sitting on a horrible loss. From that lesson when SAR hit £4 (8p old money) I did cash in a third of my shares which gained back my losses on RKH and more than covered my costs on SAR. Never stop learning. Still think RKH will come good!!

I think age can also influence risk profile! I am late 60’s so more cautious now than 20 years ago when I piled in big time into the dot.com boom and was very lucky to get out in early 2000 with gains intact. 12 years ago I went quite large in The Falklands and on a little pharma research company called SAR. I didn’t sell RKH when it peaked so missed out (although it is beginning to look promising again now) but learnt my lesson and sold a big chunk of SAR at its peak in 2021. A lot of success is down to timing of sale, not being too greedy and being lucky. I doubled my holding in PRD on Tuesday so now have a good holding that I am confident will do very well; the mood music is very encouraging.
Overall now at my age my philosophy is have a very structured investment portfolio split approximately 15 to 20% cash, 70% in safe stuff high yielding shares and investment trusts and 10 to 15% in high risk fun money! I have around 10 shares in the latter category and they are a lot of fun and each of the 10, including PRD, could be extremely rewarding and certainly always fun looking out for those red RNS dots!

Sorry for my ignorance here but don’t understand the apparent excitement re this find? Is it new information? Just a bit confused. Sorry!