Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
If anything I call out this nonsense by the rampers. Ahfam with his month of the rerate nonsense, Thoth with his billions prediction, WIP where is he now, after his insider information on 737. That got returned and he dissapeared, and now you Laz with your mate in the pub the other day saying its all good. You give people unfounded hope based on no facts, which costs them their savings. I deal in facts and if it means putting a negative slant on it, I don't cause people to lose their hard earned savings. We are in a negative trend at the moment own it
I have never denied this why does it offend you so much, I'm 50 % invested and waiting to pop the other 50 % in after the AGM. Why?, because it always tanks after the AGM as people have unrealistic expectations. As a trader I deal,in facts not fantasy. It does not make me any less pro sareum as I want a good return.
People here are blinded by unfounded optimism, the RNS released could not be any clearer.
"Sareum and its advisors are seeking additional clarification from the MHRA and will provide an update on next steps for resubmission as soon as possible."
There you have it when they resubmit it we will be notified via an RNS. I'll say it again we will not get an RNS this week, the AGM will pass giving us no clue into what is going on, then expect an RNS and I'd suggest it will be in January now considering how many trading days we have left before the Xmas period.
I'll also put it out there NO we are not in talks for a takeover hence the silence. Let's start dealing with facts
I'm not expecting an RNS until sometime after the AGM. We will be no nearer to knowing what has gone wrong here on conclusion of the AGM, I don't want people to get their hopes up that we will have answers at the AGM.
With the risk of getting a few people excited here, I expect the eventual RNS to state that further data analysis in relation to the preclinical toxicology and safety studies will need to be carried out. This prolonged silence is pointing towards the final report that was produced by the contract research organisation that conducted the studies for Sareum as being flawed.
The preclinical toxicology study report produced was the key to the CTA application being granted. This is where I believe the fault lies. The board know they will get crucified if this RNS comes out before the AGM, this will land on our laps in the coming weeks before the year is out.
Good morning Basil, you have absolutely nailed my sentiment. On paper and through trials/studies Sareums pipeline is exciting and shows huge potential both as an Investment and to people's life's. However they repeatedly keep messing it up. Yes there are always reasons but the buck stops ultimately with sareum. There comms are diabolical and its business accriment is comical to be polite. They keep messing up. Now I know when I talk about lower entry points it upsets people, I understand that it's peoples money. However this approach has stood me in good sted for the past few years now. I always keep half of my investment ticking over in hope they will get their act together, however the reality time and time again is incompetence which allows the share price to drop over time, its staggering.
we will be well below 50p. Look at the wording of the RNS "Sareum and its advisors are seeking additional clarification from the MHRA and will provide an update on next steps for resubmission as soon as possible." Don't expect an RNS soon. All we will get at the AGM is they are still in consultation. The next RNS after the AGM will be an update on resubmission. We will then get an RNS saying its gone through or failed. Don't expect this mess too be sorted until early next year February time
Thanks for that nugget ginger. I have done all the research I need thankyou to make this investment. I invested in the products in the pipeline, what I did not cater for was incompetence and lack of communication. One of the fundamentals of any company is to provide value to share holders. This is not happening, and as it is not happening I will call it out however much it unsettles others because they want to believe its okay at any cost. Communication and credibility come hand in hand. Without either you are in trouble.
Good morning Kool, the reason sneckie is as you quote negative is because as investors we have been all been screwed. No explanation, nothing. Who on earth would be happy and positive with that. You have been screwed, we all have, you choose to bury your head in the same with many others. Speckle along with myself will call a spade a spade. Will we get the show on the road, I hope as hell we do, so I can get a good return on this stock. Until then wake up to what has happened, its a s#it show and the fact we have had no explanation is shameful. Stop following the sheep and call out a wrong when you see it rather than sticking your fingers in your ears and hoping for the best
Another weary day I see, nope not Sareum the posts from the usual suspects who really need to grow up and get a life. Seriously get a hobbit rather than carrying on, bickering with strangers. Back to Brazil
If this is to divert the attention from the elephant in the room, this RNS is pretty feeble. How about address the 1801 issue and update us on that. Then worry about the work of others. 1801 is what will make or break this company.
Sog as much as I want to buy into the positivity with 737, all of this info is completely irrelevant. I say this with the greatest of respect to you. Let's take this back to basics. There are a only 2 questions we need answers to.
1. Why was 737 returned?
2. Why was the CTA rejected for 1801?
Until these 2 questions are answered the credibility of sareum and the bod is shot to bits, there is no trust and their professional acrement is in tatters, irrelevant of the science. Answerscare needed, otherwise the rot will only get worse.
On a further note, as each day goes by and we here nothing, it makes me think this is more serious than an admin error. Look at it logically if you messed up and knew it was an admin error that will be sorted, you would be bursting at the seams to share this if anything to restore your credibility and avoid professional embarrassment. If it was a serious f#ck up you would be k eeping a low profile until forced to confess.
Make up your own minds but I can't help but sense this is what has happened, the main reason being is they know exactly what has gone wrong here yet remain silent I really hope I'm wrong but this has got an after hours RNS maybe this Friday written all over it, a cowardly RNS as I always look at it.