Member Info for SpreadThatRisk

*filed it, not failed it... Auto correct!

Thanks - the background to this question was the below Claude comments. My hope is of course the last suggestion for a delay (awaiting partner release). I was hoping if we knew if they had failed it we could derive which option would be most likely. Cheers

Likely ODD application window for SGC:

An experienced regulatory team would file an ODD application for the lead indication as soon as clinical data are sufficient to support the scientific rationale — you don't wait for Phase 1b completion. Given the Phase 1a SGC data were compelling by ESMO October 2025, and given Avacta already had ODD experience from the soft tissue sarcoma application, a well-run regulatory function would have filed an SGC ODD application in Q4 2025 or Q1 2026 at the latest.

If they filed in Q4 2025, the 90-day target puts a response by Q1 2026, with real-world slippage to Q2 2026 at the outside. If they filed in Q1 2026, a response would be expected Q2–Q3 2026.

The implication: if an application was filed in that window, a decision — positive or silent — should already be imminent or potentially already received. The absence of an RNS announcing ODD for SGC is therefore slightly surprising, and points to one of three things: they haven't filed yet, they filed and received a deficiency letter requiring more data, or they're strategically coordinating disclosure with a partner deal or other catalysts. None of those are particularly alarming, but it's a loose thread worth tracking.

Thanks VS. I thought the ODD was specific to STS and they would need to apply again for SGC?

Hi All,

Whilst researching AVA6000 using Claude, it noted that key to the timeline for when the drug could be fully approved largely depend on whether accelerated approval would be granted. When I asked it to determine what would be needed to get this type of approval, it noted ODD or high ORRs. Does anyone know if Avacta have applied for ODD for AVA6000? Claude seemed to indicate that it would take 90 days for approval /rejection and that Avacta would easily clear this hurdle. It was surprised that this had not been announced yet.

Cheers

Thought I would share that Charles mentioned on TG that he is doing an interview with UFO and also an article. He could not promise the exact release date but should be next week.

Cheers

Looks like a good RNS. Happy if TM1 can focus on recycling instead minerals exploration. 10M USD seems like a nice addition even if the shares are locked in until 2025.

Does anyone have a link to the TG group?

Hi All,

Anyone got an invite to the TG group?

Cheers

Hi All,

I must admit I was always hoping GGP would buy UFO so we would get a stellar management team building this mine (I bet most of us in UFO also are in GGO)

Here's to a short duration until the mining licence lands. :).

Cheers

Hi Wentsland,

I am relaxed about a possible placing IF it is done after we get the RNS stating that the mining application is approved and we can re-rate first. If the civil works would cause use to have to go to the market before that, they should simply wait with that phase.

Cheers, STR

Trippy, is it not because we had a mining plan during the last MRE? Since then it has moved to Optimisation status and can theredore not be used fo the resource/reserve conversion? Might have that wrong...

HL showing 18.84% up. You have to have nerves of steel with this share!

Hopefully IR will confirm the COO aspect shortly BFD. If so, this will be the first time I see another company's RNS impact a share price this way. Absolutely shambles RNS at JAY if som

Agree on that CJM. If I understood Max correctly, the expectation was that the DFS would be worked on in parallel with NTA. I would think the DFS would be ready in all other aspects than plugging in the NTA net payments and any other associated costs. Surely they would already have placeholders in the DFS spreadsheet calculation so simply "copy and paste" et voilá. :)

Cheers STR

Hi All,

Assuming the MRE show up her in December, what can we look forward to in terms of key events in January? I think most drill results are back and announced? Cheers

Fully agree with that assessment MC! This is a prime example of using a placing for the right purpose, i.e. to grow the business and not lifestyle management.

Cheers

Hi All,

Great news today! I am curious as to what steps now remain to go mining, would the below be correct?

1. Complete DFS (from what I understand we pretty much just waited for the Native Title)

2. Apply for mining licence

3. Build road and other infrastructure

4. Go mining!

Anything I've gotten wrong/missed?

Cheers

Thanks 5 &S,

Nice to understand others risk profile, thanks for sharing. Personally I am sitting on GGP as top, UFO second and then evenly branching out to multiple high risk like Blencowe, Arc, Avacta etc. Core SIPP is ETF though as an insurance against too much gambling. :)

Cheers

Hi All,

Given how many nick names I recognise from the GGP board, I suspect we are many that are invested in both. Assuming we have put all spare cash into either by now, what are your thoughts on how to play the 28th KNAC Vs the GGP MRE. Which one do you think come first?

Cheerds

STR

I must admit I don't understand the DMIRS and mining application process. What optimisation is it that is complete, the one was delaying the DFS? Would that mean that we now can expect that earlier then previously communicated?

Cheers

STR