Member Info for TimmyTradeface

Im not arguing with him per se. Just trying to make sure there's no misinformation.

'Pricing and payment

The offtake agreement sets the price for the spodumene concentrate based on the SMM's published market price for similar products, with standard adjustments for grade and quality. '

The price agreed is based on the Shanghai Metals Market, the African index has nothing to do with this.

Actually the 30,000 tons is from Hainan's news page, so technically it's them doing the ramping. How dare they!

Sell up, take the hit, have it as a lesson learned, carry on the day job. This game just isn't for you, especially if it's affecting your sleep.

When did you first buy into Kod, chef? Just out of curiosity?

Warren Buffett once said 'Buy the top of the spike, then winge about the company endlessly on forums'. We have some very shrewd investors among us.

So do you just look at the top risers and jump in without doing due diligence?

Why did you buy at that price if consider this such a poor company?

Hoping to see his big smiley face doing a Proactive Investors (or similar) interview soon.

Conspiracy theories aside, it could just be slow bureaucracy. We didn't exactly get the mining licence in a hurry.

For anyone wondering what the hold up is, go on chatgpt, ask it why there would be delays with the Mali government in providing KMUK with its permit and it gives a good number of complete rational reasons. None of said reasons are 'Bernard is asking nicely enough'.

I think they're lost in the African bush. Bernie is saying 'I swear Bougouni is back that way, we passed it an hour ago'.

The name of the big pharma was originally undisclosed, which is why you won't find a reference to Janssen. I guess now we know who we're dealing with.

It's only FDA approval for them to start a phase I study. That is the very start of a long and expensive process before the drug goes to market, so I'm not surprised people aren't too excited by the news.

I'm still waiting on long overdue (I'm sure Stampy said Q1 2021...) news about the unnamed big pharma collab. A license deal is what will get this company back on track.

Just google 'South Africa' and look at the news. The company seems to be doing fine but the country is in a mess at the moment...

Not sure in what way I'm laughing at or mocking anyone. That's in your head...

I'm here to discuss MTPH. This is 'Midatech Pharma Share Chat', right? I'm a long term holder; admittedly I take profit on every spike and buy back in later but I'd still say I'm loyal and believe in the potential of the company.

You can't just jump in because you saw it suddenly rise and wanted a slice of the pie, then suddenly be the expert and flag carrier for the share. We discuss the company here, the ups and downs, the good, the bad and the ugly. If you don't like that that then maybe it's you who needs to move on.

The breakthrough, as it stands, is kinda worthless. It's only if a company takes the bait and a collaboration is set up that value can be realised. It's like inventing instant coffee, but nobody in the world has the means to heat up water, so the coffee can't be consumed - the coffee won't have any value in that situation (crude analogy, I know).

Also I don't believe the sp is being manipulated. It spikes everytime there is news; you can see on the chart that the spikes correlate to significant RNSs. I have a few vague theories as to why it does but nothing concrete.

The breakthrough is great, I believe this company has so much potential with it's pipeline. I do however share the apprehension with some of the other longer term holders and that's the fact that despite all it's potential, this company is not making any money, it keeps getting the donations bucket out and diluting shareholders.

As for the global healthcare company, I'm not sure. They've been very secretive about it... The number of products they've been working on went from one to four which is encouraging. I think this is most likely gamechanger for mtph and hopefully we'll be updated soon as to how that is going.

It's in the 26th Jan 2021 Business Update RNS.

'The collaboration with Dr Reddy's Laboratories Ltd was mutually terminated.'

I don't want to be rain on your parade but it's important for people to know facts about the company (I'm a holder myself, before anyone points the deramping finger...).