Member Info for skittish

People still don't get it - this company has a massive ongoing and expanding market for several years at least.

"Elizabeth Warren
@SenWarren
·
24m
Restarting our economy will require one thing above all else – testing. Testing to show who's currently infected. Testing to show who's had the virus and is immune. Social distancing won't end because it's Easter. It'll end when we have sufficient testing. Here’s how we do it."

It could of course be deliberate policy by the Chinese to hobble Western democracies, similar to Chinese domestic subsidies to produce the drugs which have lead to the opioid epidemic in the US.

COVID 19:
New cases for March 24
USA 11,075
Spain 6,922
Italy 5,249
Germany 3,935
France 2,448
UK 1,427

"Forum has agreed in principle to arrange/provide the Company with interim finance of £150,000 before the end of March in order to ensure that AAOG can satisfy its creditors following this date. A further announcement will be made in due course"

So we should get another RNS before the end of the month.

Question is how is the financing to be dealt with - confetti shares, or a maybe even a loan? Would be an important signal going forwards. Maybe the "Sefton Gravy Train" (with bottles of plonk at £3K a pop, happily signed off by Mr Cane) is finally coming to an end as all 4 remaining directors are all non exec.

Also the forthcoming EGM is to be video conferenced so shareholders won't even need to be present to vent as they see fit.

Accumulation still going on at present, it would appear.

Someone may have posted it before, but Independent Resource Estimations Mr Ferreira's outfit appears particularly interested in precious metals.

http://www.ires.co.za/ABOUT-US/

and SP Angel for which Ms Maciver is COO appears particularly keen on battery metals lithium palladium etc.

http://www.spangel.co.uk/media.html

Maybe Paul Forrest's activity at Saltfleetby was a coincidence?

Maybe we won't have too long to wait to find out.

I think all long suffering shareholders here are entitled to a bit of good news for a change.

US Testing Stations may have to close due to shortage of testing kits.......

https://www.houstonchronicle.com/news/houston-texas/houston/article/Harris-County-running-low-on-COVID-19-test-kits-15153584.php

Error rate in the 150,000 test kits purchased from China by Czech Republic is 80%.

Now using older test kits.

https://www.irozhlas.cz/zpravy-domov/ostrava-rychlotesty-koronavirus_2003231414_sot

Looks like someone is willing to accumulate (cheaply?) at these levels, and is absorbing what appear to be all the sells.

12.87M and they would "have" to RNS, although it looks like we are still missing an RNS from the 21.1M issued on 27th February 2020, although they may say they were issued to more than one entity.

New directors buying? They don't appear to have connections with Forum so could accumulate separately from them. Or maybe a new investor if they are going to reverse something else into Anglo?

May be getting interesting again, notwithstanding many will be 98%+ down on this share.

Powerful breakout from wedge pattern today though, although just couldn't manage all time closing high.

Perhaps not surprising, given overall market conditions.

Close above 166 tomorrow would be very bullish.

IMHO.

Anglo, or what is left of it, may have bottomed and suddenly looking a little more perky.

This is Tilapia on 14th March 2020 - no signs of any real activity, but then I can't see Tilapia being really relevant anymore.

https://ibb.co/ZLk33WG

With the ongoing coronavirus crisis and resulting oil price below $35 I cannot see the ZEN deal going far. Only those with deep pockets will be able to ride this out and emerge the other side in any fit state to drill.

And coronavirus will probably hit Congo very hard in any event, as it has close links to China, and Chinese labour - which at least in part has been the difficulty with Italy and Iran.

I suspect the only reason it is not in the rankings of countries hit hard is there will have been little or no testing going on.

Quite where Forum will take us is anybody's guess - Saltfleetby? Maybe.

But Forum appear serious, appointing directors and willing to keep the lights on with another £150K, and someone is buying (and selling) at these levels. They are obviously getting money from somewhere and seem willing to ride out the present market conditions.

We live in interesting times.

No coincidence it went up for the first time in months yesterday - 150k from Forum, clearly support there.

Desperation.

USAF flies 500,000 test kits from virus hit Italy to Memphis.

https://www.defenseone.com/threats/2020/03/us-air-force-flew-half-million-coronavirus-test-kits-italy-tennessee/163879/?oref=DefenseOneTCO

With friends like that.....

Looks like highest price to date paid for these "suspended" shares 1.1m @ 55p!

What you need to realise is most people with symptoms are not being tested so that means the real number of infections is far higher than 1,500

10-50 million died of Spanish flu.

It is a matter of risk management and modelling. I don't know who is right.

But there may well be no escape from this, whatever strategy is followed.

Bill Gates always said it would be the microbes and not missiles that got us.

So did H G Wells.

The matter of most importance is that the UK appears to be following a completely different strategy to the rest of the world. in combating the virus.

There is some difference in the individual strategies in the rest of the world -

China - complete lockdown, with mass testing and isolation of those infected

Korea - almost complete lockdown but mass testing and then tracing of contact of those infected using mobile phone data, and testing and isolation of those contacts whether they have symptoms or not.

Italy - complete lockdown, but no mass testing, similar to rest of Europe excepting UK

US - who really knows what their strategy is?

All these strategies are aimed at slowing and reducing the number of infections, but have a major flaw in that one the lock down ends those who have not caught the virus are not immune and can then catch the virus and start the spread again.

The Spanish flu came in 3 waves over 14 months as populations were repeatedly reinfected.

Unlike the rest of the world the UK the government WANTS people to be infected - hence no lock down here. They don't want everybody to be infected - just a proportion - and they don't want the over 70's to be infected hence they will be confined indoors for 4 months + symptoms or not. If the infected populations becomes too large and the NHS cannot cope then pubs, clubs, schools etc will be closed, until the infection subsides, then reopened allowing the infection to grown again.

Schools are very important as children are very effective carriers of the disease, but rarely become very ill. They will become vital regulators in allowing the orderly spread of the disease.

Once 60% of the population are infected then there will be "herd immunity" and the infection will be unable to spread effectively. The over 70's will then be allowed to leave their homes.

The idea is for the UK to get over the virus in one hit and at the end have an immune population, whilst the rest of the world with its strategy have their populations repeatedly infected, possibly over several years.

The UK's is a high risk strategy, and there is no guarantee it will work, hence the lack of testing in the UK.

Looks to me like subject to EGM

ASLR acquires 10,000 S shares @ E750 for E7,500,000 or £6.6M giving 9.5%

ASLR Option 1 to purchase 32,250 S shares @ E650 for E20,962,500 or £18.5M

ASLR Option 2 to purchase 10,000 S shares @ E750 for E7,500,000 or £6.6M

Total enlarged share holding to ASLR 52,250 35.9%

MESH presently hold 16,333 S shares or 16.8%

MESH Option to purchase 48,337 shares @ E650 upto 30/6/20 for £26.2M giving 47.7%

MESH First Refusal 6,667 shares from RRNB @ E750

Ultimate MESH enlarged holding 71,337 52.2%

Total ASLR MESH holdings 123,587 or 88.1% of enlarged S capital.

Total S shares in issue then appears will be 140,000 @ E750 gives a present value to ASLR and MESH of E105M or £93M.

Clearly ASLR needs to raise further significant funds. I wonder what the price of that will be?

"The Placing, which was significantly oversubscribed" @ 60p raised £7.5M to buy a 9.3% stake in Sentiance.

Warrants at 130p.

Quite something to get this away in the face of one of the worst markets ever.

Gives some hope that we wont crash wherever we relist.

"This is the most frightening disease I've ever encountered in my career."

Richard Hatchett, the doctor leading efforts to find a vaccine for coronavirus, says it is much more lethal than normal flu.

https://twitter.com/Channel4News/status/1235994748005085186

https://www.businessinsider.com/us-worlds-highest-coronavirus-death-rate-limited-testing-2020-3?r=US&IR=T

this is why

www.theatlantic.com/health/archive/2020/03/how-many-americans-have-been-tested-coronavirus/607597/

US is losing the battle against CV-19 due to a lack of testing.

I'm guessing that Asimilar and Mesh are intending to buy/acquire the majority of the Sentiance shares in issue, maybe around 90%, if you take the two totals together and then use Asimilar as the vehicle to list on the LSE.

It appears they'll both have to raise quite a bit of £ in order to do that.

Maybe MESH wasn't the right vehicle due to the involvement of Bonnier and the previous CEO, which is what The Times' article appeared to be hinting at.

But yes they appear to be closely coordinated.

I guess we'll just have to sit tight and hope that falling markets don't scupper matters.

Hopefully we'll know more in a couple of months.