Member Info for spike912

Jiddy totally agree mate. It’s all speculation of course

I’m here at about 1p left it in as it would be my luck I pull it out and the day later a monster deal lands! Gonna ride it out but gut feeling is it won’t be amazing so anything for me is a plus I guess

Expecting news some time next week

Good luck

Jiddy or he had to pick the best from a bad bunch.
If I want 300k for my house, but buyers keep offering 200k you have to take what you have, you could have 20 people offering but it doesn’t make it the best deal just because you have interest

I’m not buying the plenty of interest card so must be a good deal I’m afraid but hope I’m wrong!

End of the day imo if BMD has come out with this the company needs to reply officially. It’s clearly price sensitive and will effect the market

And filing for Russian approval within the next 4-5 weeks, so we know news is on the horizon

You would like to think that they set the exclusivity until 31st knowing it was more than comfortable to get the deal done. I highly doubt they would set the 31st if it was tight, imo they would have said end of September.
My view is the 31st has some fat in it given it was only granted for 4 weeks from end of July

My guess would be news by the end of next week bearing in mind 26th is BH and 31st is a Saturday

11 trading days to go

Just watched Bloomberg on sky. Turned it off before I slit my wrists lol. Global economy and US looks awful, with many on the program saying it’s a sign as 2007

Knock, it’s the supply chain all the way down, many of these contractors have smaller ones under them, and those under them. It only takes one to go bust. SM may pay Stras, but then they pay the one below, the one below etc etc

Look at Carillon they got paid from their client but went pop, kier not far off, interserve. It’s the complete supply chain all the way to the small subcontractor and local merchant, coupled with other clients not paying effecting

Also many of the contracts are lump sum or design and build with a lot of risk passed to the contractor, so commodities increasing is a cost they can’t recover which makes life even harder in tough times

No industry no matter how big will ever be exempt from a global recession sadly when you have contractors on lump sum prices with costs around them rising they can’t pass on

Knock, agree to a certain extent but there are other factors. Contractors going bust? Material and commodity prices, increasing thus budget costs rises, no matter what Sirius do they will never be in a position where they are protected from a recession. Remember this is a huge construction project and the first to get hit is always the construction industry (I know as I’m in it), and last to come out of it.

Just for you Eustus

https://www.investopedia.com/terms/j/junkbond.asp

End of. Good bye. Back to sensible chat with fellow posters

Euatusc excuse me? I assume you know junk bunds are the actual name for our rated bonds? Not sure if that was some under hand dig, or you just simply don’t understand the term junk bond and what they are. I was simply stating the terminology of a low class bond by definition!!! Suggest you have a snickers chap

@POSTI, the problem is the global economy and the junk bond we have, ultimately when the market fears a downturn or recession (note inverted yield curve has predicted the last three recessions apparently which we have this curve now), so , if the economy is seen to be slowing or fear of a recession it usually means that investors are more risk averse and are opting for more secure and stable investments/bonds, rather than higher risk higher reward junk bonds on companies with a higher risk of default (compounded by the company working through a recession)

(As I understand it anyway!)

Dow Jones down again this evening under 670, and inverted yield curve on the news again just now, fearing global recessions with German economy now slowing too. All rather doom and gloom for the bond market still and investors nervous

Genuinely can’t see the financial outlook changing anytime soon sadly so I hope CF has a plan b!

I did email the Conakry about holding in Polymetal but had no reply. Maybe worth a few others asking the same question and hope they reply.

I hold around 80,000 shares, average 20p, but fully accept that the company will be made in 12 months.

Imo, it’s pretty clear that BP-101 works, hence trail cut short. It will get to market in Russia within a year, in the meantime focus will shift to manufacturing in the EU entering a multi billion pound market

Plus I would imagine a partner will also come on board.

With such small float and shares in issue, and no need to dilute given the most expensive part of any drug development is behind us and paid for, the share could easily be anywhere between 50p-£1 within 8-12 months (which is nearly a 10 bagger from here) if your patient! (With plenty more upside post 12 months over £1!)

£13 mil mcap at around 13p

Look at the likes of Motif Bio et al plus always diluting shareholders

On drug to market and commercialized there is nothing stopping this being a £200mcap company with relative ease (AND we know the drug works, it’s not still R&D!).

This would give us £1.50-£2 a share

£100mil mcap is, IMO, comfortable target within 12 months if all goes to plan with Russian approvals. That’s well over £1 a share!

But it takes people to stick them away and come back in 12 months.

a lot of people now banking profit. could be weak into close. may be worth seeing how 420pm and taking a few then and hoping it gaps up on open. that's my plan anyway

300K sell posted, but they will still pay 2.12 for another 400k. whats that telling you?

few more buys and we could be looking 3p imo but DYOR

we go again. 2.15 to sell.
more stock required.
they keep trying to drop it but cant as buying soaks it up

WOW!!!!!!

and bid still rising

they are Cleary short on stock given its 1.80 to sell, way over the advertised bid.
with low free float, its scary how far this can go with it rising on nearly every buy