Member Info for TrekMadone

Wow more trades more posts! The sentimentometer here is changing!

Been ages since we had a whole page of trades for the same date!

Trek

“The Columbus Options are immediately exercisable for periods ranging from 4 to 7 years from the date of grant, at an exercise price of 0.002 pence per share.”

Am I missing something?

Trek

Luckyorange,

Directa mask ‘hinders’ SARS-CoV-2 by killing some but not all the virus. It’s been quite an achievement to test against a live virus. It also meets the same ISO/EU standards as VRS. Refer to proactive video.

I guess the tech is similar to SYM which have antibacterial qualities in plastics. Personally I think both (even though I am invested in both) still have some way to go to stand up to the specific covid 19 strain. That said a dilutive effect on say credit cards, iPhones, PPE, apparel etc from this tech is beneficial. I would expect VRS masks to have similar properties but it is not easy to get lab time to prove to what ever extend the protection works against a live virus. That is probably the only real difference. FYI PlanarTECH (private co) also have similar claims.

https://inews.co.uk/news/technology/coronavirus-latest-graphene-enhanced-face-masks-highly-effective-579753

I am still looking in here with a view to getting back in once things settle. I exited a decent position a while ago due to China situation and then completely following the Lanstead deal. I still have concerns re finance but I am glad the loan has arrived and they can push on again. ATB

Trek

I just stumbled on this Pfizer/university of California trial.

It’s using Ramipril, an ACE inhibitor and placebo. 560 pts but results not due until May 2021! It’s no wonder we are getting some US interest!

https://clinicaltrials.gov/ct2/show/NCT04366050#studydesign

https://theconversation.com/what-is-the-ace2-receptor-how-is-it-connected-to-coronavirus-and-why-might-it-be-key-to-treating-covid-19-the-experts-explain-136928

Trek

Mavern picked up 3.42% after or during the last bookbuild 14/7/2020.

They have reduced to 2.94%. Looks like they are taking quick profit following the recent rise.

Of course they are now below notifiable holdings as are interTrader who were 2.87% on 15/7/2020.

I was curious earlier how Ocean managed to pick up extra stock on top of Acacia’s 8.99%. I am only guessing that they had a lump of those.

Now we can assume that the recent drop is attributed to Acacia selling, and two institutional investors reducing. There is no reason for them to sell other than ‘profit’ as there has been no adverse scientific news to cause a sale. Indeed South Ocean have been taking up stock at a significant rate.

So as a PI and we’ll aware of the story here one can assume that there is only a short remaining window before the institutional investors reach a holding that they are comfortable with be that between zero and 2.9%.

After which the stock will rerate significantly...

The 41-51p gap that I had concerns about earlier has now been filled with both buy and sell candles. The 20dma has bounced right off the 41.55p support and will likely track through the 50 and 100dma now. A close above 54p is a sign that we will start a new ascending channel with a few pull backs but eventually to 101. Close above 101 and then repeat to 147.

Of course sht news can change all that but I think from a charting perspective and the newsflow we are going to get a tailwind to 101. So hold above 54p, sellers are out. Off we go!

Anyone buying now just try and grab what you can as close to the 22m 50p placing. Anything lower is a bonus. Usual caveats!

https://www.marketscreener.com/4D-PHARMA-PLC-56171591/charts/

Trek
—————-

Nice to see some TA play out. Hemline at 70 breached. 101 next stop then a bull reversal and off to 147 me thinks. ATB

Trek

sharegnomie,

I would hate to hazard a guess at the SP. Obviously one must always consider zero when investing but I think if this drops below 2p there will be a lot of selling. The fund at 2p may also sell if it comes close, I don’t know what their exact terms are but this is getting very risky now. It wouldn’t look good if it hits 1.5p and there is another cash call.

There is too much oil slopping around. The macro is not gonna be the same for some time and yet all the broker houses are calling oil higher and then you have majors like RDSA and BP shedding assets and looking for greener energy investments. E&P is not in vogue and that makes financing difficult. The flipping data room has been open for years and only had one decent look that we know of and they walked!

Like I have said before I sold out at 3.2p. I have been in BPC for years and done ok. I think the BoD have now overstretched and the dilution has dampened the return per share. If they find a buyer for CERPS assets I may be tempted back in. As that will be cash, albeit still asset dilution. However, looks like they have no intention of doing that and the more I look at the pf the more money they will need to grow it. $15m pa is not enough and that is predicated on the POO holding up. A second wave of covid could see backwardation again. Their cash flow predictions are too risky and the BoD spend too much.

Even if they have the cash for one drill at #P1. This is oil, one drill is seldom enough. What are they gonna do if they have oil shows and then run out of cash?

How Malcy can push this share is beyond me. I am not a fan of OMJ, he runs his own book but this time I agree with him.

If I had a holding here it would have to be punt sized or I would sell half to cover any further drop. I hope for holders there is some good news. A farm in or asset sale would help but imo this lot have their heads in the sand and hitting the self destruct! And actually I am very disappointed after years of looking forward to this drill they are making really hard work of it!

If the drill bit starts spinning I could buy then and sell on the results or even on a run up to the results so why bother buying now. Sure it’s probably cheaper but it may not get there without more dilution.

My view only.

Trek

Channel traders keep knocking it back but looks like having another go. BCH usually moves just ahead of BTC and it’s up atm.

I think it will take a breach of $12500 to open a new range. The whales still have an agenda but that’s gotta change soon!

This is interesting, Warren Buffet sold US banks and bought into Barrick Gold! The leopard changed its spots. Now if he bought BTC that would be funny!

https://www.zerohedge.com/markets/did-buffett-just-bet-against-us-berkshire-buys-barrick-gold-dumps-goldman

Trek

£1

gwm121

“RE ADDS ON LSE with firefox 20percent of the screen of a 12 inch laptop is now taken up at the bottom by a banner add which cant be removed. Ive messaged lse a number of times as lse site is really difficult to use now with this add. Thanks to another board it seems using "opera" browser" with addbloc enabled gets rid of this if its of use to others.”

Download Brave from the App Store. It’s a browser that blocks the ads. It works a treat even if you only use if for LSE. It free. You can earn basic attention tokens (BATs) as well if that’s your thing.

Trek

Makes complete sense. I’m nearly 20% down now since I last looked in. Better not look anymore! Lol!

Luckily I buy in tranches so waiting hoping to catch near the bottom with the next buy.

Trek

There is a stop option but also with that what people don’t realise, usually all the CFC bullshters is that a guaranteed stop is NOT necessarily the price you get it merely guarantees an exit at any price below your stop.

So if you set a stop here at say 1.92....

1. That is foolishly to high as if the MM is short the can imbue a flash smash and grab with a few ALGO or AT sells and grab your shares the mark it back up again.

2. If say everything went **** up here and the SP opened at 1.20. It’s 1.20 you would get not 1.92 and if it turned out that the news wasn’t as bad and the sp closed at 1.85 then you have been stopped out for 1.20.

3. Stops have their place especially on more liquid shares like your GSK’s or LLOY’s but on AIM you really gotta understand the trading.

Not advice but on AIM or any share for that matter a total wipeout should not result in poverty. Invest with a view to potentially loosing the lot.

Trek

For those interested in the science here check out todays RNS from DCTA, a graphene company.

I emailed the CEO a while ago, to which he replied, pointing out the great work that was going on here with respect to anti bacterial qualities in plastics.

These are similar to the qualities that DCTA have in soft fabrics that have been tested with live sars-covid 2 virus.

There intention is to add it into masks and other ppe, clothing and upholstery etc. So if you are in a confined space and as we know covid aerosols, under right conditions it can stay in the air for hours, what is the point of having a mask on on a train if you then get it stuck on your jacket.

Ok now put the two together if you are in a car SYM would protect the hard surfaces, dashboard, phones, etc and DCTA tech the soft surfaces. Get the gist. Hence Giulio found SYM’s product interesting.

ATB

Matchmaker Trek! Lol

The deal will revolve around how many ounces used to resource finance, any subsequent warrants/CLN’s or upfront cash/equity and any interest payments.

There are so many permutations and it’s not quite as simple as saying if we mine xthousand ounces how much cash will be left for KAT from offers 1-14. Albeit that will be a starting point.

There will also be innovative options like. Flexibility over time. Lump sum Payback. Reductions in interest payments. RCF options etc.

You basically get a finance nerd to build an excel so you can change the ounces, timespan etc and it will filter out the best 3 or 4 for a range of scenarios. You then go back to them and try and better the deal.

It will take time but it’s time we’ll spent.

Trek

Play as they will. This is no longer a trading stock that phase is over. It’s just buying the news story or holding a position now to suit one’s own risk profile.

There will be very few traders now. Short term profiteers will be out the rest imo will be building a position waiting for the next news. The last trade was the 1.70 tree shake. The SP is now in a fairly tight corridor. Not worth trading.

Trek

jdt1990,

Good point this is in the chairmen’s statement in the finals published 30th June....

“The Company is now working closely with the Ghanaian Minerals Commission and the Environmental Protection Authority to finalise the environmental permit.”

So there has been obvious delay with covid but we know that 14 applications have since been granted so we should be close.

Wish I could find a status page somewhere, been digging but nothing.

Obviously the main consent was the DEP which was agreed in February so shouldn’t be an issue. I think the way they do it is to bounce anything back for amending or clarifying rather than just rejecting it unless it really misses the mark, that speeds the process up and the Agency get to see their concerns are baked in. So shouldn’t be long now.

Trek

I thought it was a pretty honest update.

The obvious concern is more around finance from 2500 bopd for $15m pa revenue. Which the BoD believe will be sufficient to cover costs.

I think that’s tight, due to the macro and well integrity. Furthermore #P1 may require additional CAPEX, for side track or 2nd drill.

Personally I’d rather they offloaded some of the CERP assets. Drilled #p1 fully funded and then used revs from that to expand the BH campaign. I couldn’t care less about T&T or Venezuela or even buying other far a field assets like so many small E&P companies end up doing to hide realities!

100% focus on #P1 even sacrificing a few pawns should be the name of the game. Then the herd will arrive!

My view from the sidelines.

ATB

Trek

Itsyou,

Congrats in order matey! I am lost for words!

The market will soon wake up to how G+ can be added to all fabrics. That with SYM covering plastics will hopefully kick off a new revolution in product design. Not even mentioning all the other DCTA verticals! Graphene has arrived!

Amazing news!

Off for a round now. Enjoy the day folks!

Trek

Have a look at GRL, it’s due news. Not many posters there. DYOR

Not all Pharma money stays in Pharma.

I look in here occasionally. Glad I got out then bought back and was glad I got out again!

Good luck guys.

Trek

21 day’s for approval....

http://www.mincom.gov.gh/acquiring-mining-license

17th July RNS ... ‘few weeks’

“The Company continues to work closely with the Ghanaian Minerals Commission and the Environmental Protection Authority to finalise the environmental permit and the Board expects that the environmental and operational permits will be awarded in the next few weeks. On receipt of the relevant permits, the Company will be in a position to immediately commence mining operations at the Homase South Pit, utilising contract mining, and construct the heap leach plant, with the target of achieving our first gold pour in Q4 2020.”

How long does a permit take...

“Answer: Small and medium scale impacts project will take twenty five (25) working days whiles large scale impacts project will take ninety (90) days. This is exclusive of the clients’ action.”

http://www.epa.gov.gh/epa/faq

Ours is not large scale.

So 25 working days is 21st August assuming submission was 17 July

If the submission was a week earlier then it’s 14th August..

Either way not long to wait. No wonder every opportunity being used to keep lid on SP!

Remember

“Whilst the lease initially only relates to the Homase South Pit, the DEP has been approved by the relevant authorities in Ghana in its entirety and the lease can therefore be renewed and/or extended to include additional pits along the Homase Trend as the Company's production plans advance.”

And we are financed and will be drilling deeper. Permit = all systems go for first pour Q42020.

Trek

Meant to add in terms of reality. If the market moved us from £20m MCAP to £25m there’s nothing to say on any fundamentals which price is right as both are cheap on an earnings basis.

Just looking for a catalyst. A BTC rise will produce that even though the purest here recognise that that might not proportionately play to the bottom line.

Some peeps would rather pay £25m than £20m for a similar ROI when you take into account difficulty and competition. Apart from Duke that is! Lol!

Trek

£1

Apologies for OT,

Hi Safy,

I have held a few for a while now. These are all financed about to produce or expand production this year.

GRL, my fav and on a dip atm, permit due soon. Top BoD amazing gold postcode
PUR, Top BoD, SP down due to Forrest fire atm. Great grades. Buy and forget for divi in 2 years.
SGZ, Scottish gold to be sold at massive premium.
SHG, about to expand, takeover twist, a good hedge.
SOLG, this one is 18 months to production if it last that long. Tier 1 assets. Blue chip investors.
KAT, This one is v high risk and the only one waiting finance. It’s a trade. 2 year to prod microcap.
TSG, I like but only on watch list, a good gold hedge.
GGP, I held before lockdown which got me looking for others.
AAZ, I sold awhile ago for decent profits and bought others.

I looked at thirty miners, various mcap. Simple excel names down left. Wish list across top, financed, BoD, grades, geo, etc and scored them. GRL came out tops for mid risk high reward. PUR tops for low risk high reward. KAT high risk high reward.

There are many others and everyone would get a different answer depending on risk perception.

I did the same for Biotech’s a while back.

Plan is to trade the others and depending on progress flip into PUR which is about as safe as it gets and now there’s a Forrest fire there lol! So you never know!

Biggest holding by for for me is GRL atm and i’m down slightly but still a buyer. They have 51% held by institutional/hnw investors. There’s more there than published I reckon.

Anyways it’s similar for GDR just gold in form of tests!

DYOR

Atb

Trek