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https://www.youtube.com/watch?v=LIqBzoQ2hI8 this is the one i watched.mellon talks about blue fin tuna towards the end,im not necessarily endorsing his views,as i feel you always need to approach mellon pronouncements with a certain level of scepticism.in terms of its area of activity ,the investment case seems totally compelling,but there appear to be certain headwinds specific to agronomics which may be holding it back. this may, of course, be only temporary.should get updated NAV for end of dec very soon

so just over 4.5 m shares in issue post consolidation.

interesting .mellon did place some emphasis on blue fin tuna in his end of year podcast.

ok thanks.

ali can you point to the trade report ,as i cannot immediately see it .thanks

rats shti just about sums it up bignose! oh well tomorrow is another day, as they say.

morning bignose.agree with that,but maybe he can't raise finance for erp.as you've said before,his chums have gto badly burned here(the major raise was at 40cents wasn't it) and something clearly went wrong with the yoyo proposal(sorry forgotten the name), so perhaps investing isn't an option.he's had no problem raising for ANIC,but who is going to want to put money into ERP given its record? sorry if im looking at this from the wrong perspective and ERPs blurb does talk about becoming a market leader in longevity or some such tosh,but unless the company's profile or financial position changes, that's all it it, just talk.hope im wrong and id be delighted by some serious and focussed investment activity.i do accept that mellon runs it all so perhaps could have done something with ANIC(or perhaps juvenescence) but maybe the mechanics would have been beyond even his puppeteering skills.dont know how closely you follow ANIC but mellon has formed an ancillary vehicle,New Agrarian as a private vehicle to invest in the same areas as ANIC,so the web is pretty tangled.it's being spun as a positive,but im not so sure.

agreed.i have had a small dabble in anic,but there is a lot of hype there and its premium to NAV is huge.also very expensive remuneration for the mellon owned consultancy company(15% of increase in nav).that said it would certainly have been better than DLI.(but then probably almost anything would have been).the problem fundamentally imo is that pis are just playthings and cannon fodder for the manipulators,.occasionally one can get lucky,but more often than not its the pis who lose out and the manipulators who come up smelling of roses.

very interesting news,lakeside.unfortunately not the best day to get it. long term view required no doubt.

agreed.there was the suggestion that it was to help retain listing status,but no idea whether there was anything in that.certainly a very expensive way to go about it!.

no problem bignose.i know you re not out to depress just for the sake of it,just being realistic.problem is the reality is pretty depressing lol!no i don't think the young ai ap is a goer. too complicated.i do have several young family members who are keen on the fitbit thing,but that is pretty straightforward and immediate.different kettle of fish i imagine. i was slightly hopeful that the ageing clocks might have some real commercial application,e.g. actuaries and insurance companies,but no sign of any progress there so probably not going to happen.

well bignose,im even more negative now after reading that.also i do check to see if there is any news on DLI and young ai,e.g. on twitter ,just to see if any apparent activity and absolutely zilch.pretty much impossible to see how that can be anything other than a continuing cash drain.hope im wrong!

i agree that erps cash position is far more relevant, but if we need to raise funds from DVP to fund erp i would hope it would be done at higher s/p than now ,hence my thoughts about a possible near term raise by DVP.oh god,i really can't stand these acronyms.driving me mad!

sorry bignose.i was talking about dvp's cash. $16m and i think it was.

further thought.looking at the cash they had at quarter end ,are they going to need to raise for next steps?

morning bignose.i take the point about approvals. purely by coincidence i have received this market update this morning (im signed up for reports) https://wcsecure.weblink.com.au/pdf/DVP/02478053.pdf usual lot of puff and blather ,but under exploration section you will see they are awaiting final results of the assays and may perhaps be updating shortly,if they come through earlier than hoped.if positive it may give s/p a boost (if negative?)

he must have been looking on the ADVFN board by mistake.

well thats my concern also.when i was looking at the DVP announcements i started to think about the cash position and its not encouraging to say the least. presumably they will need some sort of finance for the next us stage ,whatever it is and i can't see any likely way of raising it other than selling some DVP.agree that a placing is not going to be popular,although they might try it.hopefully we will have some idea of what is going to be required re fda in next 2 or3 months.

according to the dec presentation, final approvals(?)were expected in 2nd half 2022.i don't know if there have been any notified developments since then(heimdal any input?),so perhaps not that far off.

well bignose,that is certainly the most pertinent question.pre production miners are not something i would invest in out of choice,but i suppose I've been invested involuntarily by events here.