Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
But notice there's a '1' on it today.
What does it mean?
What with all those buys at the close I'm guessing someone's closing a short?
So 'The 3 Amigos' posted 17 times today (18 now!).
Mainly Touk but by length of post clearly Wynn.
But how many responding to the mindless nonsense and accusations that are posted at them (us).
You're your own worst enemy.
Call us idiots (which we're not) and we'll point out why you're the idiot, which, as it happens, you usually are.
Yes that's what's needed.
Consistent tumour responses in the two week arm without excessive side effects.
If it's as good as Dox and fewer/minimal side effects then the Share Price should react very well.
Even if it's not quite as good as Standard Dox but can be given for longer or in frailer patients it'll have a large roll and then Avacta can move on to equipping Pre|Cision with more powerful warheads.
Yet to confirm the move on from the 1st Cohort of the 2 week arm however so a little longer to go.
3-6 months minimum?
The 3rd patient in the 1st Cohort was dosed 3 months after the 1st!
Getting there slowly, very slowly.
It's a company that's doing something similar ie FAP and it's share price has recently done rather well.
Spiked to a similar height 3 years ago before falling back to baseline.
You're right Donald, fascinating, your point being?
Perhaps their tech is working and Avacta's isn't?
Is that what you're wanting to emphasise?
I'm surprised you haven't all been sacked.
"...or consult with a financial advisor before making investment decisions. "
Watching or ICE?
It's the Avacta Fan Club board Wyn.
Non members needn't bother.
Cost of annual membership?
Well that depends how many shares you hold.
It's not a flat fee but costs more the more shares you hold, which is fair, I think you'll agree?
And like ALL your posts for years it's wrong too.
And still you keep going.
PJT, I didn't realise that you'd met CC.
Was it for long and what did you talk about?
Sorry, 1st patient in the second arm (2 week trial.)
They've already said that it was a 'a mistake' not to announce when the first patient (in cohort 2) was announce was dose, so presumably we'll be told when cohort 2 kicks off.
I thought it more contemptious than a mistake.
I think that's the point Touk.
Deals will be done on merit, not who has the next door office?
What do we know so far:
1) Its all about AVA6000 (and perhaps Affyxcel)
2) The Initial Phase 1 trial (3 weekly dosing) overran terribly and the dosing interval appears to have been sub-optimal.
3) They changed mid-trial to have a 2 weekly dosing arm and at this stage the Chief Development Officer (Neil Bell) left without explanation. Culpable or disagreed?
4) They sorted ongoing funding via an increasingly onerous Heights Loan Noted deal.
5) True to form the 2 weekly trial is already missing deadlines.
6) The recent Fund Raise was far from a success. A small amount that wasn't enough to clear the Heights funding not fund AVA6000 through to completion, indeed only 'into' Phase 2.
7) As Wyn says the size of the raise and the heavy discount is not indicative of compelling data at this point, or possibly at any time in the near future?
8) And then the CEO was forced out and a relatively new employee was 'fast tracked' into the post. No one else interested?
9) Why no LG update? If they're still working on this then we should be told. Worryingly the RNS page is littered with historic RNSs of deals made than then are simply never mentioned again. Is LG about to join this group too?
10) Likewise Affimers and antibody mimetics, 'drugable pockets' etc etc. All the other things that we might be doing but don't appear to be. Where's the information?
Silence only allows people to suspect the worst. If any of the above is happening and going well then why not tell the World? Generate a buzz and some word of mouth excitement.
A Man City player lives near to me and we say hello when we walk our dogs.
Do you think I'll get a start on SaturdayTouk?
Zero to Hero in an instant.
You deserve it more than most.
Apparently not Rookie!
Which I'm sure you'll agree is great news.
And remember......
'It is supported!'
You've spent shouting at 'mad dogs' who thought Petro Matad was rubbish and then you changed your mind and have spent your time shouting at Petro Matad supporters.
You now want to shout at the Mongolian authorities.
My opinion?
You shout too much.
It's the quiet before the storm.
It'll be a news vacuum until the glorious day that shall forever be referred to as 'Red Dot Day'.
The day patient shareholders are showered with untold riches and happiness thanks to the Committee of Matad Sum.
The moment you stopped being an idiot Ojay was the moment Petro Matad found oil.
Since then you'd have been an idiot to have done anything else other than hold and wait.
Nearly there?
You used to always finish with: 'In Matad we trust!'
Might I suggest 'It is supported!' as an alternative?
I think we need to be a bit careful with the direct comms.
There's obviously a little reluctance on their part to engage.
Might I suggest we don't all try to bombard him with questions.
Thanks again Master for your constructive and thoughtful approach to your investment here.
If they're onside and no external pressure is being applied then, as you say, there's no real reason to suspect the relevant paperwork wont be forthcoming.
Still have 2 x £20,000 ISA contributions possible via my daughters.
All in? It's a tough call.