George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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The cat poop idea is making me feel quite peculiar..lol
Just imagine you were a new investor here now, all that research paid for by others the old BOD kicked out and a new start....
In now at 20p /max wait of a 9 months / possible deal could take the SP up to 1.70.... good risk vs reward in my book...
I do get it that the fatigue is setting in for some, I really do..
There is a part of me that thinks 2 & 4 are the same person?
I’m probably wrong though...
Latest standings.....
1) A12b3c
2) Itsallrigged
3) Sambar
4) Antofelli
What a season we are having!!
Rob
You pinky promised to be nice till the next Q&A
Don’t forget the string for your conker lol
Really no point us beating one another up..... it’s not going to change a single thing...
I’m close to my 10year anniversary here, news on that day would be quite something :)
I do understand frustration with the timescale. I've only been invested since last year and was very disappointed with the Japan 301 update in the broker note that came to nothing.. I think I'm with OB and will give it until xmas before re-evaluating.
Hope we get some kind of news before then or there is only 1 way for the SP to go..
So SAMBAR is confident that there is value here then.. When even a de-ramper thinks there's value then it gives me a nice warm feeling..
you can't have it both ways.
either 201 etc are worth nothing, in which case the bod have 'given away' nothing or they are worth bilions, in which case, yes, they have 'given away' a lot.
BUT, you obviously have no idea how pharma drug development works. it is a VERY expensive business and to get important information on candidate drugs for 6% (capped at 6 Million) is a great deal for VAL.
btw, I'm sure you didn't intend to, but thanks fpr high;ighting the significant value of Val's compounds whilst trying to bash the BOD.
not a very good effort really, was it? :)
Sambar the BoD is no where? nonsense.
I concur with rightback, £100m deal before November
I appreciate all your replies. I'm sitting on an average of 25p with 50k invested which I've built up over several years so just a little nervous on where I expected the share price to be following the results. Cheers
Simple back of a fag packet maths would be....Physiomics gets 6% or no more than £6m should Val come good on a deal so theres a 100m valuation to start with.
Rb
He’s not into football, he prefers skydiving (broke his ankle) fast bikes (broke his hip) and he loves sea kayaking too, he goes out on his own at first light, as he works nights
I wish he was into football, far safer...... kids are a worry at any age.
"Partnership news could come at any time a prospective bidder is satisfied with the process in motion. The value of the partnership deal is likely to increase as more work is done on the compound."
Totally agree with this and we do know there have been interested parties already.
It's not as though the Physiomics study completing in November, for all the compounds, is a binary.
This will be an ongoing collaboration until then and we have no idea of how that work will be structured.
We do know, however, that Suzy considers it "adding value" which is certainly good enough for me.
OB
Kids eh they think they know everything.......as him if he thinks the Clarets will win the cup nest year HA.
RB
Im hanging on until a deal but if no there’s no deal by Christmas, well I’d have to re-evaluate
Personally I feel the next 2-3 years will be “explosive” for precious metals..... we shall see
My son did a bit of research on metals years ago (2013) when he was boy, he said I think rhodium could explode, I think my reply was something like “oh really that’s good”
Sorry should be.... OB.
OB
I would say some good news will come pre the 201 deal. Val could beat your gold increase hands down.
All bonkers conkers I know but I’d hang in there fella.
CB
Nothing I’d like more than some good news very soon, there’s a massive sale on for gold ATM
It’s braking my heart that I could miss the dip, I have shares elsewhere that will either multi bag or or probably sink to a third within the next month or so, however I feel very positive . I think you’re invested also ?
If it pays off I will mop up some gold and a few more Val shares :)
Partnership news could come at any time a prospective bidder is satisfied with the process in motion. The value of the partnership deal is likely to increase as more work is done on the compound.
No
Thanks for that. So (again I'm being lazy, sorry) does that mean we are not expecting any partnership announcement until November?
Here you go...
15 February 2021
("ValiRx", the "Company" or the "Group")
Extension of Collaboration Agreement
London, UK - ValiRx plc (AIM:VAL), a clinical stage drug development company, announces today that it has entered into a new agreement with Physiomics plc ("Physiomics")(AIM:PYC), the oncology consultancy using mathematical models to support the development of cancer treatment regimens and personalised medicine solutions. The new agreement supersedes the agreement between Physiomics and the Group which was announced on 13 September 2011.
Under the terms of the new agreement, ValiRx will benefit from Physiomics' experience in modelling the effects of prostate cancer treatment, as well the use of the latest version of its Virtual Tumour™ technology, which will be applied to derive valuable information from the additional data generated by the completed clinical trial of VAL201. Physiomics will also support ValiRx in modelling the use of the VAL201 peptide in endometriosis (VAL301) and Coronavirus (BC201).
Physiomics has developed a quantitative systems pharmacology approach that uses pre-clinical and clinical data to model the activity of a drug candidate. This data can be used to explore the mechanism of action, disease impact and optimal dosing strategies.
Physiomics will receive a fee (capped at £6m) of 6% of any future net revenues that may be received by ValiRx relating to its commercialisation of VAL201 and its derivatives in any indication, including prostate cancer, endometriosis and treatment for Coronavirus infection. Eligibility for part of this fee will be conditional on completion of an agreed program of work by Physiomics that builds on the work already carried out under the 2011 agreement. This program of work will start on 15 February 2021 and is required to be carried out by 15 November 2021. In recognition of the collaborative nature of this new agreement, Physiomics will also be offered a seat on the ValiRx scientific advisory board.
Does anyone know when we can expect news? I was expecting an update in January but I guess things have changed. Thanks.