Member Info for simonthezealot

When the word 'substantial' is used in AIM terminology, it is advisable to take note. Substantial means we are in for a lovely time and some dosh!

Doubled my holding here this morning on the tree shake. I would like to personally thank all those for passing on their shares to me in the panic. A massive thank you!

Shaking out the weak. Should bounce back up in no time. Bargain basement prices and I have taken full advantage of them!

Think about it folks. Webcast is Wed night at 5pm, 30 mins after close of business. Bank Hol is Friday so no trading. We will either get an rns close of play Wed or first thing Thursday. My guess is last thing Wed to give them something more to talk about. Anybody then trying to get in Thurs morning will struggle. It really will be a case of snooze or you lose. You decide.

I invested in this share on Friday morning and the way I see it is that this is either going to be amazing or will not work for whatever reason. We will all find out over the next few weeks in any case.

The reason why I invested is as MAJCO said in an earlier post:

“the antigen is really the engine of the test and we’ll build the rest of the capability around that.”

It just reaffirms what we already knew, the affirmer reagent is the key building block, everything else is built around it. Avacta owning the commercial and intellectual rights mean our ‘engine’ can be housed within the various Pharmas/chassis around the world.

Avacta are providing the engine, Cytiva/Adeptrix are providing the chassis’.

How many more will want access to Avacta’s engine?

On or off the record, I invested because I think that we will all get the good news we hope for in the next few weeks. Avacta having the intellectual and commercial rights is key and why I am confident with my investment. There will no doubt be many more applications of this technology, maybe for future pandemics too, who knows? There is also the cancer work they hope to deliver news on during the last quarter of the year.

I would ignore the daily trading on this. Doesn't really bother me if it goes down to 90p or up to 120p. In time, all irrelevant imo.

GLA

Impossible to buy any. Going to shoot up from here tomorrow me thinks.

After reading most of the rns, as soon as I got to these 2 paragraphs, I stopped reading:

The Company's cashflow forecast for the twelve-month period to April 2021 indicates that additional funding will be required to enable the Company to meet its obligations. The Company's €28.8 million bond is due for settlement on 21 June 2021 and a refinancing or funding will be required before the due date to enable the Company to settle the debt.

The COVID-19 pandemic has not had a significant, immediate impact on the company's operations but the Directors are aware that if the current situation becomes prolonged then this may change, in particular it could delay the Company's micro-LNG strategy implementation and the ability of the Company to raise additional funds through an equity raise, both would impact the Company's liquidity.

These conditions indicate the existence of a material uncertainty which may cast significant doubt about the Company's ability to continue as a going concern. These financial statements do not include adjustments that would be required if the Company was unable to continue as a going concern. The Directors have formed a judgement based on the Company's proven success in raising capital and a review of the strategic options available to the Company, that the going concern basis should be adopted in preparing the consolidated financial statements.

I think these 2 paragraphs say it all imo. If that is not a warning bell to any of you, I don't know how to help you?

Hope Trellis recovers from his illness. Other than that, keep chucking your hard earned pennies at this as you can all clearly see something that I can't. Would like to know where Crude has disappeared to btw.

I told everyone that this was a lost cause several months ago and got my head bitten off by most of you. Now can you see why I wrote it off. I have also lost a grand or so here, but unlike the rest of you at the time, I mentally wrote it off and moved on. An apology would not go a miss.

Getting ever closer to that 'substantial raise' by the end of May. You won't hear any news before then btw.

It does not look good here does it Ladies? No news / updates / communication from the BOD. Nothing new then in that regard. Not looking good for olive harvesting either with olive tree disease xyella from memory. Not going to get my cheap olive oil anymore.

Just saying it how I see it and what I have researched. Like I said, no reason why this can't explode. Not meant as a ramp btw.

There is no reason why this sp should at least treble from here imo.

Devon is not within 200 yards of my front door. Sorry to disappoint you.

Nice to see you are all concerned about my welfare. Unlike the rest of you, I have actually followed Gov't guidelines and only have gone as far as 200 yards from my house over the last 4 weeks. I only go out for 45 mins every day and last thing at night to avoid crowds etc. If anyone wants to know why I post on this forum, it is because I want to make people aware of what is written in previous rns statements from last year. I have never questioned the resource in place, but do not believe ZIOC will be the company to get the iron ore out of the ground in any hurry. They will run out of cash imo.

In my experience, silence is never a good prerequisite for a decent rns. Once again, I would have to disagree with that comment.

To be fair to you unithog, you are indeed correct that you have been consistently upbeat about your chances here and with the resource in place etc. I will at least give you praise for that. However, I hope you are not going to regret your decision not to double your initial investment, which is in an ISA and which you view as your pension pot. I would never gamble with my property or pension pot. I guess that is where you and I differ. In answer to Whataboutlogic, I actually admire Donald Trump. I think he has done a tremendous job for the US and very much hope he gets reelected.

I can see why you are a little flustered this morning unithog. After claiming last September that you could have doubled your investment if you had sold out on the rise, it is no wonder why you are clearly regretting your decision not to.

China is slowly returning to normal. Just watched the BBC news. No excuses for promising an update and not delivering one imo. Basically, I can deduce from the silence that there has been no further progress, just cash burn.

How can anyone invest in a company where somebody at the top of the organisation promises you an update and does not deliver it on time. No different to arranging a meet up with someone and being no showed.

That 'something else' my friend is substantial dilution on the behalf of the ordinary shareholder, i.e. the likes of you and your olive harvesting friends.