Member Info for WelshFalcon

I've already set my question to SD. If anyone hasn't, how about asking him if he'll invite GH to sit on the board as a non exec. with expertise in the exploration side of things?

You could just copy your emails and the response in to your local rag, posing the question 'is our MP working for or against the Covid pandemic?'

In my experience, nothing gets an MP moving quicker than adverse local news coverage.........

Useless MP, then.

Showing now.

Price monitoring RNS.

It seems the LSE system is ducked - RNSs not coming up!

Wow, don't let your MP off the hook.

If it was mine, I would point out that the covid Pandemic is the most dangerous public health event that we are living through and as an MP he/she should make it his/her business to keep fully up to date with all promising therapies.

Send him/her the rns about the Lancet Peer review.
the RNS about the At Home trial being complete and point out results are due soon.
send the suite of RNSs regarding the capital raise for the Phase 3 trial.
Send the RNS regarding first dosing in the Phase 3 and point out this is a worldwide trial with no UK support.
Send the RNS re the ACTIV-2 inclusion

And then gently ask if your MP will kindly keep up to date with this and if he/she can confirm what support the UK gov has actually given.

The point has to be made that a company that invites a takeover is asking to get shafted!

My CEO and BOD are there to best use the company assets to progress the business for the long term benefit of their shareholders. If there is a takeover attempt, I would expect it to be vigorously rebuffed to the point where there is massive benefit to shareholders in accepting, or it becomes too expensive for the predator to persue.

To the posters that pop up from time to time championing a takeover, I say wake up - I you want to signal that scenario you will be short changed. Simply wanting a pile of cash to go buy your next shinny toy is not a good investment strategy.

He referenced his M&A experience, indeed.

No hint as to which way this might be used? So who are we going to take over?.........Any of the nearology polyps running out of cash?

I set up some email alerts from the London Stock Exchange website. They tend to come through before anything else.

Today's set are still not showing on here!

Nothing to worry about, just the normal monthly notice of shares issed.

@BBP Well yes and no.

You're beginning to delve deep into how insurance companies work. The underwriting side deals with one set of numbers, whilst the financial side have a completely different set of skills. Each side has little appreciation or understanding of what the other does.

There is a bit of cross over, but not in much detail. You are now getting into short vs long tail business (underwriting terms).
Basically short tail is property / accident type risks where the loss/claim will come during the policy period. Easy one to understand, and underwriting is simply based on getting more premiums in total vs total costs (claims/commissions etc).

Long tail is predominantly the medical type coverages where you can have ongoing costs over a longer period. Paraplegics or long term illness as examples. This is where underwriting can contemplate some investment income due to the time element they have. The underwriting won't dig down into where funds are or are to be invested, but will use a broad number provided to them by their investment arm.

Now when we come to Covid, this is more short tail, although it will be covered within a predominantly long tail area of the business. I should imagine most medical insurance companies are having to rewrite their underwriting manuals due to this, and will be reducing their investment gain assumptions as the pandemic has robbed them of the time element.

In short, the speed of this event hasn't allowed them the luxury of investing their premiums. They will be very focused on the claim management side of life to reduce costs rather than working out where to invest.

I think the risk equation changes through life.

Teenagers and early 20's feel invincible and tend to take higher risks (car accidents are heavily weighted to younger drivers).
When you start to have families and dependants, your acceptance of risk changes somewhat, start to consider a Volvo as your next car!

If you reach the ripe old age of 100, and want a holiday on a sandy beach somewhere in the sun on a beautiful island. You're going to go, next year you might not be able to. Risk - pah! lowest consideration at that age.

You go Tom.... enjoy.

@BBP you are putting too much weight on one aspect of the US health system. It is far more complicated than that.

There is Worker's Compensation, which covers basically workplace accidents. Your medial is paid for by insurance (from your employer) for any workplace 'accidents'. This does often include illness from the workplace, so may respond to spread of infection in, say, meat packing plants.

There is your personal medical insurance, this will respond to basically anything else. In both cases, the insurance company is in control, not the Pharmas. Yes, the Pharmas will want you in hospital and using every drug/procedure they can throw at you, but the insurance company will have prior approval and can deny reimbursement if you do something unapproved by them. This exposes the hospital to trying to get paid by the patient.

I'm not up to speed with how medicare (or is it medicade or Obamacare) is run, but it will be different state by state and subject to limits.

So basically, is the insurance company can avoid hospitalisation, they will. SNG's cost is tiny in comparison to even a few days stay in hospital for covid. The insurance side hold the purse strings, not the Pharmas. It's basically a big game of push me. pull you.

Boy am I glad for the NHS, here......

It's the two stocks being pushed by the Baby Back Bedroom Bears.

Oh, I get it now. We didn't understand your sarcasm, so it's our fault your joke fell flat!

I am so sorry, he said dripping with sarcasm.

8p?
Q3?

Planet Earth calling.....

You're not the Dillon, as was, off The Magic Roundabout from many years ago?

I'm guessing that the Flu reduction is a bonus result from the masks/social distancing/lockdowns etc.

The sting in the tail may well be a resurgence next year, assuming the current restrictions are no longer used/needed. SNG may well be needed to help the NHS cope in that event, proving our true value......

Yup, you are completely off your rocker!

The place to go to get an explanation of the charges made on your ii account is not here. We don't know!

Try going to............ you've guessed it folks........ go to ii, they will know.

sorry, butterfingers again - the important k =m

rumours started in blissful ignorance that a takeover of GGP will both be futile and expensive!

To justify starting a takeover to your own shareholders there needs to e something, on paper, worth going for. "so you started a takeover of a small potential miner with only 25% of the potential mine, and only 4koz of inferred resource? Bye bye".

To gain value - NCM are the takeover target, not us. We may come after, but in many ways we are insulated for a takeover for the foreseeable.....