Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Let's hope so. I'm not being a kill joy. I want it to work and succeed for me (as a 47 year old man) and all investors. It's just the finance. The results were good, we all now that. The drop in SP is indemic of how these smaller pharmas have to operate. Fingers crossed. GLA
Wondergoals yep! I’m trying to be impartial and not get too excited, as when that happens, people think I’m ramping ha!
Grace - only thing I would say is I doubt very much the company is 'waiting' ... they have extensive industry contacts and I fully expect they are being highly proactive in seeking a suitable partner quickly.
RNS of 28th Sept says:
'The Company intends to share these results with potential industry partners to evaluate all options for further clinical development of VAL201.'
With the results being so promising the view seems to be that high quality industry majors are likely to be queuing up to get involved. We will all know soon - I doubt anyone wants to hang around on such important work.
We all are! i thought the results were outstanding. But people will pin hopes on a JV. That's my point. IMM is my biggest investment and they got one. Caused a big spike in the SP that all the rats we know and love jumped on. Did nothing for LTH's waiting for the end game. I just don't want newbies thinking cancer is cured and they are going to be millionaires (if only!) Look at mtfb, they didn't even fail their p111. It's all about finance in these smaller pharma companies. Wish it wasn't like that!
Well the plan is for a JV or an upfront payment from a big pharma. That’s what ValiRx are waiting and hoping for...
Oh and the market closed a while ago so any answers will not affect the SP!
Nope, no answers. I got called a deramper today by people on this board by a genuine question. Asked it a few times. Who is paying for the next phase? I hope it's a JV but I haven't see the RNS. Got told to DYOR. Still haven't found the answer. So come on anyone, please who is gonna fund it?
Quite agree doog, there were a, few rotten apples that seem to have gone off to mug off some other poor investors elsewhere. Great to have Nick and Adam on board also, not only have they put their substantial moneys where their mouths are but also they have introduced some priceless knowledge and unbiased comments that we all can benefit from. I'm really excited at what Val can achieve from here, good luck to all
And only 50 percent down on yesterday. All the ducks are lining up. You couldnt make it up! 2 million in the bank is not 2 years money. Discuss
Sense l think has returned;
2 years money in the bag
201 with pharmas been-in-toe for years
301 with Jap pharma.....deal pending
BC201 - update soon
401 financing news soon
Amazing
So the Japanese pharma company are funding the next phase? Hope so. GLA
Really interesting reading Adam's posts as he's an industry insider and also prepared to put his money where his mouth is.
This is a great board when the trolls are elsewhere.
By the way; I have every confidence that Suzy, Kevin et al. know the potential of this test article for patients (as a toxicologist and pathologist I'm still flabbergasted with that lack of meaningful side-effects), which looks to be very kind indeed. And I know that they know that this could extend beyond prostate. I can also guarantee that they are not the types to get blind-sided or flattered by the "big" pharma boy and girls. Finally, the fact that they have managed to sign a collaboration agreement with a Japanese Pharma company (form experience, this is incredibly difficult; having to manage big group buy-ins and team ownership), I have every confidence that they certainly know how to handle VAL201.
So many options make it hard to specifically value; Joint Venture with external funding; Joint Venture with the collaborator footing the bill and upfront, milestone, and commercial payments (preferred option), or outright sale. Either way, if option 2, based upon recent acquisitions, someone may as well buy the company; because, and this is a personal opinion, an upfront payment could likely be worth substantially more than the current market cap. But as a shareholder, I'd be voting that option down. I'd like to think, however, that this would be unlikely, as we do not have a current shareholder (to my knowledge) with >25% of the shares, who could start pursuing a movement toward exercising majority rights. For reference, see what happened to John Moulton/Redmile/RedX.
much better day today. co -ordinated troll attack on here and twitter, possibly spread bets or shorts closing. like clockwork.
happy enough - even though the sp is too low imo
Luckybob, i was teasing you :)
Bankfool, sounds good. You just always seem to post at 4:30 in the morning ;)
Hard but.....I meant lol
well 401 was between 5 and 15 million per patent/country or which there are 9
201 should be more? hopefully
and then with 301 as an unknown still...
The sky literally is the limit, maybe 50-500 mil who knows ???
@bankfool
Hi yes I have been watching Bob as well, your correct such a relaxing programme and he makes his paintings look so easy...he died very young I believe..used to be in the Marines,had a rep for been quite a hard but.
Haha no point googling me as I’m not famous
I’ve been lucky with my disclosable stakes In ekt gld PST dwha Itu Spsy and bsg but last year had a bad year as had redhall at 10p which went bust !!
Generally don’t like bios as mkt caps of 100m plus leaves nothing for disappointments
Someone asked what upfront payment would be ,better to ask Adam but why couldn’t it be 10m as prostate cancer has such a big market ? 10m our of a mkt cap of 14m ..we would like that wouldn’t we plus royalties etc
As I’ve said for a while mkt cap of 5m to 15m is ridiculous for Val and we should double and maybe double again from here
I was quoting Suzy not George !!
Big difference !!
Grace, I admit I had not googled Nick, it hadn't really crossed my mind to be honest as I was happy and confident in my investment without that knowledge , mostly because i had googled Adam.
I was at work when I asked earlier and seemed easier to get it straight from the horses mouth while he was about.
I didn't invest here based on hype or for short term promises. I would be a liar though if I said I didn't have to change my pants a few times on monday.
Hi Grace, I do sleep, just get woke up early. I usually go to bed after watching the art of painting with Bob Ross. I always feel so much more relexed after that! :)
Nick and Adam..
What sort of price would you say 201 would be valued for an outright sale, or if its a licencing agreement, what sort of up front payment and milestones do you think as a ballpark figure we could be looking at?
Many thanks