Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Much darker in the end!
farewell to my £400 I think
shame.
So not too meaningful. My partner works in a bank - its term end for them - so lots of spreadsheets and reports are being finished - this is that kind of thing? We can draw very little from it?
What do we know - they did a small placing recently - not large enough to achieve anything much really - presumably cash is a bit low. Lots of news due. It seems some scientists are actually using the software (we get that from X). Just long slow journey towards being a bit more commercial. Sorry that's not very rampy is it? Perhaps someone else can do better.
Some of the posts are very personal about the CEO. Have you met him? Is that why the posts are so personal?
These posts are not coming from people who were involved in the failed putsch a year or so back? I've watched him on those interviews - he doesn't seem that bad. He's not weird or obviously arrogant or anything.
Anyway whats happening today? Is this forwards selling of new stock at 0.25? Or just a sell-off? Anyone have a good understanding of the numbers and dynamics?
A party with a resource that is not yet 'commercial'.
Still the last RNS suggested have asked someone to do a little drawing for them. Thats nice.
So glad I sold out just before that RNS.
But I'm also happy for everyone who is doing well today. Why not. Sun is shining. I really hope HE1 delivers big time.
Where those buys yesterday?
I suppose demand is there at the right price.
hopefully its the same with finance - the demand is there, but the price?.....well that is going to be the sticking point. and will be extremely interesting....
otherwise...this is the end.....
Its not listed on AIM roger
So many tiny buys today. like a school of tiny fishes.
the kind of people who like to spend 80p on a share, they like IQAI.
why do they like IQAI? who are they? are they even people ? Maybe they are some kind of computer trade from an Austin Powers type figure in a major bank or fund with complex algorithms and billions - well 80p - at their disposal, setting their sights on little old IQAI.
INL were one of 2 strategic Asian investors. Its easy to say rats and sinking ship. I suppose its more likely its something more complex - as CLNs and debt is passed about and everything is getting restructured in complex deal that will obviously be of great benefit to shareholders.
While its easy to laugh at the Pepsi connection the company is pivoting more to the US so while m007j would probably fall off his chair if it happens I wouldn't rule out a new American partner. Granted the company is ever so fragile looking but the amounts necessary to prop it up are just not very big.
Is that closing in on 7p to buy?
Thats still cheap IMO
Should be 10p+
We now know that UKHSA takes SNG001 seriously - c'mon that means large pharma and grant giving bodies take Synairgen seriously - it may not mean anything commercially, at the moment. But it may well increase the probability of Synairgen putting together some kind of deal - a mixture of grant funding and a few quid from a JV partner....lets see.
Good news. it means that while some here - in their various guises - do not take the company seriously. it shows us that others - UK Govt scientists etc do take this company seriously. should be 10p+. even though this is not commercial news .
Thanks Buddsodd
Yes its just a small percentage of my pf.
Once they secure funding the buys will flood in.
If they don't secure funding then that's a major drag.
Such...is....life.
Thanks for that
Yes after SND and the Redx I was just thinking 'damn this whole private thing'. it's a whole new area of risk to consider. and very hard if - like me - you are not super literate about how these situations evolve. I guess because JM does not inspire too much trust and because of the (failed?) share buyback project - I just thought they must be a bit frustrated. and they won't like it if the sp is lower than NAV - then we get a great deal - I just don't think this system is designed for small investors to get a great deal. but...hey...please keep sharing information. it helps.
1b/2a
any idea of the costs involved here? So no 1b acc to the last RNS - possibly go straight to 2a - and that is not a definite - but is that OK for safety and procedure - they are not cutting corners to save £? I hope not. Anyway how much will it cost? Any guesses...I wasn't going to post here for a while, sorry to be a downer when some of u might be feeling a bit more chipper but today's RNS from Faron just made me think of SAR...
From FARN's RNS today....
"-To complete the enrolment of the phase 2 of the BEXMAB study with interim and final readouts and to obtain regulatory feedback from the FDA between now and Q1/2025, the Company expects to need an additional EUR 27 million in total (accounting for the raised EUR 8 million in early March and this Placing)."
Hopefully SAR need a bit less than that. For sure might be a JV etc.. And yes the JV might cover of all of it or part of it but...one needs to be aware, I guess.
Bermuda
Thanks. Yes I wondered if there was any upside/value to holding a delisted stock. Most holders run a mile and consider the shares worthless. I suppose you have to hold them until the private company engineers a buyout or something similar - which could be a years long wait. And I don't suppose you have much say in the whole ongoing process if more funds are needed and other backers come in....its not really my game. AIM is for small investors. Taking chunks of private companies is more for venture capital type investors and funds- I would have thought.
Please tell me there's no danger of them taking this company private
Bermuda
So you will hold even when the company is private? That is very interesting. Because this is not the only company that is going private - not just pharmas but many high value/high potential companies on AIM are delisting at the moment. Most investors don't want to hold a stock when its going private - see sp above. I don't suppose you are adding to your holding then?
Hmm. did I write 3p?
OK. Thats over-egging the pudding.
I just get a bit hot under the collar sometimes. The ramping and hype on this board has been proven to be completely out of order - facts have proven them wrong by a factor of 90 per ent losses. They are either spectacularly ignorant or worse and have been working in concert.