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7/7/20 for me, please.
Ta
TC
Two bear race as I see it: Norilisk vs Sinosteel.
Remember: ‘Monchetundra Project comprising two predominately palladium open pit deposits located 3km away from Severonickel, one of Norilsk Nickel's largest base metals and PGM processing facilities’ is a point made in the opening paragraph of a recent update. While we also have Sinosteel’s due diligence and commitment shown in the EPC. Both strategic buyers for their respective countries. Suspect NN will sneak it.
Lots of valuations have been made on the resource but I think the strategic significance of control of MT, and the potential 40m ozs of) PGMs in the outer flanks, plus the low CAPEX that having NN’s processing facility on the doorstep provides NN, are tangible intangibles that will hike the selling price significantly beyond the ore in the ground value. £1.35 a share will just about persuade me to sell.
B****** or not it’s a wonderful game to play, eh? I still recall the sick feeling in the pit of my stomach when the sp sank to .35 of a penny! Dark days and makes the current position all the sweeter.
Enjoy your weekend and leafing through the car mags!
GLAH
TC
Relevant?
‘LONDON (Reuters) - Britain on Thursday said it would switch to Apple (O:AAPL) and Google (O:GOOGL) technology for its test-and-trace app, ditching its current system in a U-turn for the troubled programme.
The test-and-trace programme is seen as a key measure to reopen the country, but has also been dogged by criticism after the nationwide roll-out of a National Health Service (NHS)-developed smartphone app slipped from the last month towards the end of the year.
Apple and Google have been in talks with Britain about the technology, which uses a decentralised model. The firms have barred authorities using their technology from collecting GPS location data or requiring users to enter personal data.
Those running the programme admitted that the change of tack was unplanned but denied that it was a setback, emphasising that they did not want to rush out an app which fell short of standards.
Apple and Google's model has attracted the interest of over 20 countries, though some of the restrictions they have imposed have frustrated governments as the world's top two smartphone makers undercut the technology's usefulness by prioritising user privacy.
The current UK app is being tested on the Isle of Wight, off the southern coast of England, where it had proved to work well on Google's Android operating systems but not on Apple iPhones.
Ministers have admitted to technical issues with the app, which meant that it was not ready for use in time for the launch of England's test and trace system on May 28.’
Only hold 250k but still of interest.
GLA
TC
No argument with the sentiment, Tilly, but for the sake of historical accuracy, the sp was bumping along under .5p a year back. We were all getting excited when the sp occasionally bobbed its head above half a penny! Only pointing this out as it reminds how little time, relatively, we’ve been waiting for further developments. Big deals take time.
GLA
TC
Agree. Overtrading is the problem that afflicts most of us at some point, Adam. It’s the Buffet phrase again, I’m afraid: money flows from the impatient to the patient. Research, then invest. I know - easy to say. TLW will rise and so will AVCT. Just give it time.
GL
TC
While the placing does leave a sour taste, the fact is a) more funds will be available to accelerate progress on all fronts b) it signals there’s confidence in the science on the part of some big players c) employees are being incentivised which is a good thing oh, and d) some rich bods are going to make a lot of money very quickly (again) from a placing ....boo hoo - and no, that’s not the sound of me crying!
GLAH
TC
...will hopefully get bored and move on, allowing those who do their research and read the detail to get some cheap shares.
GLA
TC
So, yet again MMs get a trawl of weak holders, then gives them a good shake and out drops the shares into the laps of eager buyers. Rinse and repeat, eh, MMS? Rinse and repeat. Look at the horizon when you’re feeling jittery aka reread the RNSs and hold your nerve. AIMHO
GLA whatever your decision.
TC
But I guess a profit is a profit and if bought I at lows then well done!
Personally, I’m staying for the t/o.
GLA
TC
Offered 182.5 to sell
Well, Sweetness, your track record to date in predicting RNSs has been pretty good so here’s hoping.
ATB
TC
I guess with so much potential, in short, medium and long term, the question is at what point will a mult-national put in an offer shareholders couldn’t refuse? The longer left, the more the company will cost.
‘M&A activity has shaped the Life Sciences industry over the last few years. In 2018 alone M&A activity totalled $198bn, and with a record high of 14 deals worth $173bn in the first six months of 2019, it’s set to be a bountiful year’ and to repeat, these were multi-billion dollar deals.
AVCT has C-19 and cancer solutions and affimer tech’ licensed - $2-4b anyone?
GLA
TC
...after the bell a Buy or a Sell? Welcome views from those better acquainted with LEK/L2.
RNS Monday morning, perhaps?
Stay Safe
TC
Well, it’s good to see the board so bullish. Makes a stark contrast to us stalwarts having to fight against the carp that TDT threw around with such arrogance in the months /years (felt like decades) leading up to the rise. Good luck all. A few more weeks / months means nothing. Just hold and reap the rewards.
Have a great weekend.
TC
Hi, G. Absolutely no knowledge beyond that of others, I’m afraid. I see a lot of potential but perhaps more significantly, I also see a chart breakout. The 2 yr + downward spiral seems bottomed in late summer and now looks to be in a rising pattern with higher lows. Following the spike in late October, the sp is safely within Bollinger Bands. In short, lots of value and sp looking positive so happy to invest and to be patient ... as I was with EUA ; )
GLA
TC
Nope - not mine; different time and different number of shares: 852,473 shares @ 0.02345 = £19,990.49p.
GLA
TC
Can’t see my £20K buy about 9 this morning.
GLA
TC
Re-reading the process description provided, if each step takes one to two weeks, are we looking at end of November earliest? Given the promise by government officials that work would be begin in November, I assume all elements will come together pretty quickly next week. Patience, I guess but need to rebalance my portfolio as a little overweight in Kefi at the moment.
GLA
TC
Ha. Some having been countering TDT’s deramping for quite a while....
All going to plan, I see. Worth having a look at the Eurasia website under ‘Investors - latest trades’. From 5pm onwards there’s a run of Buys amounting to approx 18-20m shares bought and £500k spent. I’m sure it couldn’t be that some in the know are setting themselves up for the morning.
;P
Still holding for 8-18p range.
GLA
TC