Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Great post Iceman.
Any reflections on the cause of the rise ? Closed quite strong.
Read my post again Porks. No real downside here. As I stated TNBC is already worth our market cap imo. Adam's opinion is the same. That means after being 65p we are now 0p. Yes 0p with a deal worth 100s million inclusive or royalties and milestone payments.
Cenkos will likely take the warrants at 22p and they will have an incentive to take VAL to the moon. FACT.
We know you are here because as you said many times you intend to buy big but don't have funds yet so you are waiting. But we are about to move big.
VAL201 = spent approx 15 million as far as I know. Trial results outstanding with over 50% success rate. Note the drug was tested at lower dosages therefore the likelihood of the success rate in future trials is considerably higher imo. Very safe drug with very minor side effects.
Estimate value for 201 before deal given positive results = 25-30 million imo
After deal factoring in potential for phase 2b oncology drug = 40 million imo
Val 401 also has successful phase 2 results. Millions spent but a deal yet to come. I'll be negative and value it at 5-10 million.
VAL301 unknown value. Potential for a huge deal if the evaluation from Jap pharma is good or from internal work carried out by VAL. Value is yet to be known but could be huge.
TNBC- estimated value approx 10 million at the moment which will increase as time progresses over the next two years.
Our current market cap is 10 million with 2.5 million cash. Our SP over the last 2 years has mainly been between 20-65p. This means LTHs are down and will know value here and are unlikely to sell at these prices so naturally SP should increase.
Also August/September over the last two years have been big months for VAL. My conclusion is Valirx will correct itself to a degree 20-25p or more before the deal and then double/triple after the deal again dependent on the RNS/News. I have reasons to believe they are close to concluding.
Therefore I have justified my opinions. 40-50p soon likely in my opinion but really we should be much higher than that if the deal concludes. WIth cash not much risk and big news due. STRONG BU
@DocklandsExpress
Wow, that was one deep post.
I get your point but its your acceptable level of risk. I hold a lot of PM and even Gold recently took a small hit so nothing is certain. Events could have played out differently here on the placing for sure. The BOD don't have any real skin in the game and of course that is a factor.
@PM 2022
Just also wanted to clarify your point on CENKOS. The warrant deal is a NO LOSE deal for them. Should the SP break 22p in the future they can buy passing the money to the business, issue more shares and then dump them in the market hence dragging the SP back at that point. It was a crap deal and should NEVER have been agreed in the first place. Better NOT to keep reminding us of it.
Anyhow, see how events unfold. A good uplift on the SP Friday so onwards and upwards, you never know maybe THX will surprise us....
Irrelevant. Had the trial been more patients it would have already a 100-500 million plus market cap. All factored in but should be far higher which is why the next stage is 2b for more patients. Southern we know you want to buy but you are waiting for money to come and attempting to keep SP low.
Also consider TRx and their investors are investing 10s million on this trial if it fails they lose. It bloody works.
@PM2022 how many patients took part in the trial? My review suggests approx 12. We should temper our enthusiasm at this early stage. It is not yet to be considered a wonder drug and it’s been on the shelf for years waiting for a buyer. Thx are a small start up with funding challenges which reflects the very early stage reality and why Val are no more than a small fledgling bio.
Great post PM recommended.
DarkHero1981- you seem new to all this. Let me justify my opinion but please DYOR.
VAL201 = spent approx 15 million as far as I know. Trial results outstanding with over 50% success rate. Note the drug was tested at lower dosages therefore the likelihood of the success rate in future trials is considerably higher imo. Very safe drug with very minor side effects.
Estimate value for 201 before deal given positive results = 25-30 million imo
After deal factoring in potential for phase 2b oncology drug = 40 million imo
Val 401 also has successful phase 2 results. Millions spent but a deal yet to come. I'll be negative and value it at 5-10 million.
VAL301 unknown value. Potential for a huge deal if the evaluation from Jap pharma is good or from internal work carried out by VAL. Value is yet to be known but could be huge.
TNBC- estimated value approx 10 million at the moment which will increase as time progresses over the next two years.
Our current market cap is 10 million with 2.5 million cash. Our SP over the last 2 years has mainly been between 20-65p. This means LTHs are down and will know value here and are unlikely to sell at these prices so naturally SP should increase.
Also August/September over the last two years have been big months for VAL. My conclusion is Valirx will correct itself to a degree 20-25p or more before the deal and then double/triple after the deal again dependent on the RNS/News. I have reasons to believe they are close to concluding.
Therefore I have justified my opinions. 40-50p soon likely in my opinion but really we should be much higher than that if the deal concludes. WIth cash not much risk and big news due. STRONG BUY.
PM2022 - you are definitely hot & cold stocks on twitter. Your wording and terminology are virtually identical as are your reaching opinions on having such a high valuation within 6 weeks.
Sorry couldn’t copy the link re KINGS sure someone will.
Any reflections on the cause of the rise ? Closed quite strong.
Crum
Brilliant that post.
Dock needs to go jump in one.
Docklands- The Mary Celeste was hardly famous for sinking. The ship was found vacant with all its assets in tack, its occupants were never found. What's your point? You've left a sea worthy ship, and you're never to be found?
Very happy that i have have left the Mary Celeste this totally sinking ship
Pump Dump
RINSE AND RETURN
taken to the cleaners and totally fleeced
Newbies be aware they will take you as well
I TOTALLY WANT TO MAKE YOU AWARE OF THE VERY POTENTIAL DANGER OF DEALING WITH TOTALLY
INEPT PEPOLE FULL OF PROMISE AND NO REAL DELIGHT
THATS ME FOR NOW IM GOING TO GENIUNE INVETMENT OPPURTUNITIES THAT WILL LOOK AFTER MY AFFAIRS IWILL DEFINETLY NOT BE POSTING ON THIS PATHETIC SITE AGAIN GOD RIDDANCE TO ALL.
Look at the price history over the last 2 years. Also August/September the last two years have seen a huge multiple rise.
Market cap 10 million. VAL 201 Phase 2A spent approx 15 million in total. Deal to be concluded with Fantastic results and potential to be a multi billion pound drug which could generate VAL 10-100s million in revenue per year. Potential deal for 401 also a phase 2 drug could come. TNBC looks the most promising and is already worth our market cap according to experts. We also got 301 and we could get an update anytime now.
Cenkos warrants come into play this month at 22p. Incentive is to get the price here before the deal. IMO our true value should be 40-50p when including TNBC value before the deal and much more after the deal. I agree the market is not great at the moment so even if we are half that we should get this to 40-50p after the deal imo over the next 6 weeks.
Not much downside as this was a false down imo.
Iceman where is your bullishness coming from here ?
PM2022 - you are always banging on about the supposed rumours being spread by fake twitter rampers. Strange you even showed up as a screen grab on his twitter page. I think you could even be said hot & cold stocks!!!
Either way give it a rest because we all know by now the fake twitter rampage by hot & cold stocks is total garbage.
3 weeks in and still no deal so I call bs once again on hot & cold stocks.
You pranking this price iceman so we have something to talk about over the weekend? Lol. Surprised to see a nice end of day and week boost. Pls hold it this time :)
Think they should set the base at 148000 :)
Im looking at 13p. A break of 13p means a new higher high. My target then is 16p to 20p, without news!
If there is news on Monday then im expecting a significate gap up.
12 Minutes to make up your mind!
STRONG BUY!
The MM's know Adams just stepped out of his saddle, ha.
What if TX gives VAL extra million for waiting.
How about they throw in a free hoilday for all the shareholders who hold over 1 million shares in VAL! NICE!
I can see my name on the list!
Bring it HOME Suzy!!
Mini
Yes all this afternoon as well.
Unusual amount of action over on PYC also RB
MM fishing for stock!
RNS at 4pm or 4.27pm?
And again L2's still level.
Plus were on the notice board now for the close. A Be bop alula Friday.