Member Info for sworaf

Thanks Chimers . Not wishing to pour (insert your own 4 letter word) on anyone's parade, this is what I make of it; they are aware of the 'speculation' and will distribute funds IF they land. Of course they will! Note the big if.

So CITADEL went above 5% holdings on 11 May BUT made a mistake on their sums. This was corrected yesterday to reflect the correct holding which took them above 5%.

Date on which the threshold was crossed or reached - 11-May-2023

Date on which Issuer notified - 12-May-2023 (correction received 15-May-2023)

It is as if they didn't want anyone to know they went above 5% until the very last minute - surely not.... This doesn't happen on AIM does it?

Shows the benefit of the rising SP. Last time round the repayment terms equated to 3.068 mil shares and this time it is 2.4 mil.

So effectively, 668,000 less shares needed to be converted as part of the terms agreed. Or put another way, at todays SP of c. £1.70 = £1,135,000. Happy days.

I don’t post too often. As many LTHs know, I am a long term investor and have a decent amount invested here. I am a fan of Myles McNulty, but wanted to put his research note into context. It is based on known information and superbly put together.

However, he has got it wrong in the past (based on all known information at that time). In Jun 21 he posted a very bullish note which (from memory) was entitled Avacta LFT Over the Line. We all know how that ended.

I expect the SP to keep its momentum but nothing goes up in a straight line. Don’t be too disappointed if tomorrow’s SP reaction is not what many expect. If it does - great, if it doesn’t then let’s allow it to move at its own pace.

SP holding up despite the ‘shabby(ness)’. Every chance there will be a tick up this afternoon as news ‘should’ drop anytime soon. Could even be this afternoon, who knows?

I appreciate there must be a lot going on in the background. Somebody said that updating SH will be the last thing on AS’ mind at the moment. Perhaps that is the case but it shouldn’t be. It is those SH, especially the LTHs who have researched and endured the ups and downs over the past couple of years who deserve to be treated with a bit more respect - after all, we do own the company.

Quite rightly, we don’t have access to insider information and therefore the company statements (RNS’) are one of the main sources of information we have to base our investment strategies on.

It has to be said “shabby to say the least Dr Smith”.

RNS by the end of the week - this must happen or else big Al’s reputation will be dented further (with regards to stated timelines etc).

I have been in here a while now and was happy with my modest holding but just couldn’t help myself and topped up another chunk on Friday. Should have done it last month when it was widely available at £1.04. Just can’t get my head around the current price though and it was too tempting. Nothing is black or white, but as a believer, I had to buy more. In for a penny, in for a pound.

I don’t expect the ‘doors to be blown off’ this week. I would be happy with a positive RNS that wets the appetite and further strengthens the case for AVCT moving forward.

Good luck all LTH and let’s hope this continues on it’s journey of someday being a major play in treating cancers for all those who need it.

I would like to think that the recently announced sale is genuine and LTHs will get something back but I am not sure. The one thing that is keeping my faith is if it isn’t then that is some nasty stunt that was put out on 23 Nov and surely to everything one believes in then then there are no words in my vocabulary to describe it.

I suspect we will get an update around 23 Jan, which is 2 months since Nov’s announcement and in line with an update every 2 months since July.

My biggest ‘red flag’ is, despite repeated emails, I have received no acknowledgement from the company. My main reason for contacting them was to update my address details on their shareholder database. I would have thought that was worthy of a reply, even if it was a holding reply of sorts to say something along the lines of ‘will provide details of how to…. in due course’.

Weird - being offered more to sell shares than I am being quoted to buy…

I contacted Computer Share this morning to update my address and they told me that they no longer have any record of Cloudtag Inc and the share certificate is of no use. They suggest that I email Cloudtag which I did this morning. Cloudtag have never answered emails in the past and I am not holding my breath.

How do others in a similar position plan to proceed?

The reported sale is in US $. Converted at today’s exchange rate and it is in the region of 23p per share. Not too shabby. Still trying to work out my average paid as I was day trading it prior to the shock of delist in Feb 17. I was only doing so because of an RNS that came out early Feb 17 stating that money was raised, which all LTH’s know was swiftly withdrawn. That was a harsh lesson at the time and I have steered clear from day trading since. Anything at all from this and I will consider it a stroke of luck - nothing more. Looking to change my car soon so it can go towards that and a nice treat for her indoors.

Last night’s news resulted in me hunting for the share certificate. It shows 325,000 shares held. Not sure what my average price paid was as I was trading it before delist through my old bank’s share dealing department (First Direct). However, based on last night’s news, that bit of paper could be worth £74,100. Who would have thought it? Not counting any chickens yet.

If it comes off, that’s my next car sorted. Any recommendations on an electric SUV?

SP hardly budged today. It could be an interesting tomorrow. We all know, AS likes a Thursday RNS….

I don’t post much but I have been invested here since 2020. Let’s allow AVCT time to do what they need to do. It either works, works a bit (which isn’t much good) or doesn’t work. If it doesn’t work then it wouldn’t have made it to C4. If it works a bit then they probably wouldn’t have upped the dose for C4. So, in all probability - it works. We’ll know soon enough.

What a fabulous RNS we got today. Very pleased with the SP reaction. Ordinarily, the SP would have gone up at least 15% (imv) on today's news. 6% + on a day where many shares are being pommeled is not too shabby. I wouldn't be surprised to see it close over 1.35 (news warrants it - and more!). Good luck all holders.

This could pop at anytime. Looking forward to the next update and who knows what news may come our way on route to that.

I am pleased with the way the SP has held up over recent weeks which is 'weeks' closer to the end of this terrible war. - whenever that may be?

It will be great if we can consolidate at the 1.40 range to take into the long bank holiday weekend. Every day that passes is one extra day of dosage and a day closer to news. This looks to me like a solid platform from where the SP can trace upwards after recent false dawns.

As ever, good luck all shareholders.

Designed to put people off trading. At one point this morning the spread was at 15%. Dummy buys and sells reflect the true spread - why do the mm's bother?

I would strongly recommend that if you have a legitimate question regarding POLY to contact customer relations (Monakhov@polymetalinternational.co.uk). Although it is good to debate on here, most of what is debated is guesswork and personal opinions. Evgeny has always answered within 24 hours. I contacted him on 26 Jul, he reassured me on a few points that were of concern at the time and I wanted clarity (from the horse's mouth).

With regards to the BODs intention regarding the sale of Russian assets:, there are two options open:

1. MBO.
2. Sale to an outside buyer.

Both options remain on the table and the BOD are analyzing the pros and cons of each pathway in this complex decision tree. No timeline as to how long this could take.

As far as POLY doing a POG (administration) "We're not anywhere close to the predicament that POG found itself in, funding is abundant and affordable. "

Divvy policy strategy remains unchanged. Divvy could resume when there is a stabilization of the operating environment, logistics, supply chains normalization. Regulatory blocks need to be removed as at present 22% of shareholders currently are cut off from voting and receiving dividends. Icing on the cake would be new sales channels properly functioning, predictable, transparent and steady.

Just thought I would share to clarify what most on here already know. My view is that POLY is not without its risks, but the upside 'appear' to outweigh the downside (considerably). DYOR and good luck to all - whatever your position is. Mine is and continues to be long.

Interesting that during a dummy buy at 0815 today, I could buy 20,000 shares through HL for 243.23 pps and the quote to buy 100 shares was 246.82 pps. My read is there is not a great deal of demand at the moment - hopefully this will change as the day progresses, but I suspect we are in for another flat day. Good luck all LTHs.