Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Great news that a croda deal will happen and not a binary bet, but only a 13% rise on this news just reconfirms what a total f..k up the CLN is. I want to buy more but can’t bring myself to do so yet because we know that from the start of April the forward selling is highly likely again. I would expect yesterday’s rise will pull back and I will buy more then knowing that it could still go lower. If it doesn’t and I miss out then I have a big enough holding anyway. The fact it only went up 13% suggests many expect the same.
“ Clinical studies well progressed and set to conclude in early summer which will be immediately followed by finalisation of the manufacturing process and commercialisation which will run concurrently”
Not sure how to take the above paragraph from rns. It’s written as if croda is a done deal, no comments like “if successful.”Wonder if SA will clarify today.
Nick, some fair points but regarding Croda there was the following from them last month which is highly encouraging
“This [SkinBiotix™ programme] continues to be a fascinating project that is heading towards commercialisation and will break new scientific ground in the use of lysated bacteria in the cosmetic industry as a skin care active ingredient."
Dr Kelly added, "We have recently observed some additional unexpected technical benefits during our projected scale-up activities which, if shown to be efficacious through further in-vitro and in-vivo clinical trials, would then offer significant supplementary applications and greater product valorisation as a skin care cosmetic active. We are excited by the findings we have seen thus far and look forward to a long and prosperous relationship with SkinBioTherapeutics."
Taking longer than hoped but this is the big one for me.
Interesting post on twitter: https://twitter.com/trendtraderfx/status/1585391291978088448?s=46&t=6n9ZJ-4m8O0Ao2BHu_uQlQ
Makes a lot of sense. West Newton cpr is based on fracking of horizontal wells (page 24/25) so now with the moratorium back and ujo yesterday tweeting that no plans to frack, then this must question all the data in the cpr and hence the commercial viability. The fracking (multi stage stimulations) after all is Rathlin’s solution to the repeated inability to get WN to flow.
You can only compare like with like. Cash is not given on $7m rns, just cas/receivables, £8.2 in feb, £8.4 now. Of course they have chosen only to give one side of the accounts. Who knows what’s happening with liabilities.
@itsawrap, re your 10.16am post, you are wrong i’m afraid. In the Feb $3m rns cash and receivables were listed separately so cash /receivables were in fact £8.2m then compared to £8.4m now so there is very high cash burn even when loan payments are taken into account.
Well if Sungod and CO are not the same person, they certainly had the same English teacher judging from the grammar and punctuation. Maybe they just played soggy biscuit together at the same school.
https://www.*************.com/views/36124/sosandar-uki-tip-update-trading-update-and-a-couple-of-numbers-still-a-buy