The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
I can't see it going much higher until we get concrete news now (RNS). The SP has risen by around 65% since the last RNS, which is a decent rise IMO. The market clearly needs 100% confirmation of LP etc now for the substantial re-rate we are all waiting for.
ATB & GLA.
Presenting on two days:
For #Media #Investors #Attendees
Planning to attend #ATS2023 in Washington, DC?
We will be giving an oral presentation and poster at the American Thoracic Society 2023 Respiratory Innovation Summit (RIS) session about Inflammation, Infectious Disease and Other Innovators on Saturday, May 20, 2023, at 2:00pm EDT at the Marriott Marquis Washington DC https://rb.gy/991c5
Also, mark your calendar to join our VP Non-Clinical Operations, Vicki Tear, on Monday, May 22, 2023, at 11:30am EDT at the Convention Center during Themed Poster Session B61-More of COVID to learn more about 'Clinical Development of Inhaled IFN-β in COVID-19 Patients in the Home and Hospital Settings.' Type 1 interferons (such as IFN-β) have an essential role in maintaining a balanced immune response by promoting antigen presentation and natural killer cell functions. https://rb.gy/syce4
We look forward to reconnecting with everyone in DC
----
I'm guess we won't hear anything new about the "clinical development", but we'll see.
GLA.
You certainly do need high levels of patience with this stock. Hopefully that patience will be rewarded at some point, preferably before the Sun explodes.
GLA
Straight into the "Funny-Farm Filtration Service" (AKA Green Bin) with this one. Check the post history - over 1500 posts in barely 3 months, sometimes 50+ per day. The very definition of attention-seeking narcissist. Apparently has a very chequered history under various different user names previously and now sees fit to stalk other members on various boards. Filter/report/avoid.
ATB.
I think these next steps are studies rather than "trials" in the usual sense.
Therefore, there is no success or failure as such, just the need to get as much accurate and focussed data as possible in order to be 100% certain of the best way to progress to guarantee success in a subsequent P3 trial. We simply can't go into another P3 where there is even a minute chance of failure.
So, to answer your question, IMHO I don't see huge SP rises on announcement of these studies...sure, we may see a 50-100% rise from our current low position, but I think the announcement of us being on the next P3 will be where the big jumps to 50p, 70p, maybe £1+ would be.
...lots of water to go under the bridge before we get to that stage. Let's hope we continue to work at haste ;-p
All IMO & WTFDIK. ATB & GLA.
This board really is hilarious.
Non-stop ramping ad-infinitum with multiple posts per-hour in some cases (WOS) is OK - "LP ANY day!!" "20p+ on LP" "VERY VERY VERY VERY close to news now!!!" "when's the £1 party?!!"
All fine and lapped up.
ANY slightly pragmatic or cautious post....or anything not fitting the above over-confident, reckless, happy-clappy ramping narrative and you're thrown into the "Deramper!!!!", "Sneaky Trader" bin.
Surely it's nice to have some balanced views?
GLA.
I'm holding for £5+/share
Fledgling companies with drugs barely out of P1, a handful of employees and certainly without their own company Tea-lady are being snapped up for £1-£1.5Bn. Surely to God we're worth that aren't we?
GLA
"SP drifting lower. No surprise, because we are STILL waiting on LP. If we move through May with no LP also, SP will likely drift back to 3-4p. It's not rocket science. It's reality."
iamrich - this seems like logic to me rather than "deramping". Just over a week ago we were at 6.3p with people saying it would be 7, 8, 9p "any day now"....and yet here we are at 5.3p, because we haven't had a positive RNS yet. Is what Doc83 says really too hard to grasp?
Tattyhead - you weren't there so your comments on last years AGM are worthless. I look forward to seeing you at this years one.
I do, however, agree that a scenario whereby nothing of note is said tomorrow and then a token gesture (be it a small reduction in salaries or getting rid of a "sacrificial lamb" to save cost) is announced as a way of softening up investors prior to the AGM is something that wouldn't surprise me.
In that scenario, rest assured, I won't be partaking in any cups of tea or selfies. Come along - see for yourself. People can be quite ruthless when they're 6 or 7 figures down....
I will certainly be one of those at the AGM, Prof. I'm not sure if toppling RM is the correct way forward as yet, but he will won't get an easy ride if we've been served nothing but vague fluff tomorrow.
I do hope to see more people at the AGM this year - Doc83 and I somewhat hogged proceedings last year (mainly due to asking lots of questions from people on here, it has to be said); and getting a message across is much stronger when it comes from multiple sources. We have a great range of viewpoints & personalities on here, from those who quite literally would like the BOD's heads on pikes to those who, although deeply frustrated, are more pragmatic...it'd be great to see everyone there and able to say their piece to see how the BOD handle this scrutiny. I will then feel better able to judge whether this is a company going somewhere or whether to cut my substantial losses and invest elsewhere.
ATB & GLA.
TP: "I gather that most LTIs on this forum are expecting the CEO to under-deliver once again in tomorrow’s statement."
Well, from my little straw poll yesterday from Mani's post, most people thought Option 1 (which surprised me, I must admit):
1. There will either be an update with substance and a detailed forward looking plan..
With confirmation on how we are going to be funded!
Or
2. The looking at our options and we are all working at haste roll out story!
ATB & GLA
WOS - just wanted to clarify who it was that was pushing it as urgent, as it may not have been clear to people in your post.
Anyway - hopefully it won't be long and lets just wait for the RNS.
WOS: "Urgent" is MBs words in the RNS:
"We are pushing for the matter to be brought to cabinet urgently in order to allow in-field activities to commence to make the Heron 1 well ready for production."
Just because they are pushing for it urgently doesn't mean that it will be treated urgently. In any case, for the Mongolian government the "urgent" pile could be things needing to be done within the next 2 years...behind the "very urgent" and "extremely urgent" things.
However.....it is just a signature, so hopefully they won't keep us waiting too long.
GLA.