Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Nice 100,000 buy come through, somebody is confident… Always a good sign
Yet in the announcement on 29th March 2023 they state.
Based on the FDA's published target review period guidelines which includes time to review the newly provided information, the Board continue to anticipate grant of the De Novo request in Q2 2023.
So, actually anytime from now until the end of June.
Just need a couple of things to go in our favour and the future here should be one of years of growth. Just need the FDA approval and the licensee extension, as these will will add tremendous value to what is already a valuable proposition going forward.
Its surely not much to ask for on AIIM !
Results, announced in August, demonstrated that all primary and secondary endpoints had been met, with a “highly favourable” safety and tolerability profile and no serious adverse events.
The company said the FDA had now confirmed that the dossier was under formal review, and had indicated that it had successfully passed initial technical screening.
Based on the FDA's published target review period guidelines, granting of marketing authorisation remained on track to be achieved by the end of the first quarter of 2023, in line with its previously-announced timelines.
Could be any day from now.
Surfie, sir, nothing in this lifw is 100% certain apart from death, taxes and watford fc never wining the FA cup. It is all a gamble on any stock, and company as to the success they will achieve. This has the potential for massive gains.. hold on for the ride.
Just had a catch up and chuckle at the positive and negative reviews on Boots, about Eroxon
It no longer seems to be a coincidence, that almost every 1 star review always refers to "money wasted" in their post?!?!
RE Jet's comment about LOM taking some profit and a nice business to be in, I feel that is just reward for the steadfast way they've backed FUM, even in the dark old days of P3 failure. In my book they can do no wrong. But there again I'm a fairly naive investor, just hoping to make a bit of money towards my trip to Fantasy Island! I can't see 81lucky's predictions all coming true though, I expect I'll sell after the FDA rocket. This share hasn't been great for my blood pressure, even though I'm up at the moment! GLA!
I bought half my holding at a good price of about 15p years ago. I bought quarter at about 70p after EU approval [massive mistake] and the rest somewhere between 30/40p. This share has been all over the place in the last few years sometimes for a reason, sometimes not. I think it’s just worn me out where my head says take the profit while you still can. Heart says if certain things happen this reaches £2 plus easily and I can retire. It’s not been an easy journey as anyone who has been here years will know.
"But FDA is never 100%"... still doesn't sound confident!
All we know It’s due Q2
I’m not selling but not buying. I’ve made no secret down the years I’m heavily invested here. But FDA is never 100% - if it was this would already be over £1.
Ah, so not that confident eh Tommy!!
I’m confident on that, but not so confident to add any more shares at this stage.
Does anyone know the current timescale for the FDA decision?
This share price will smash through 60p barrier and through the £1 barrier when FDA approval is given
would not mind some proper movement.... this 60p barrier has been a pain for quite some time now.... Already on a decent profit and will keep being patient until the take off.
With FDA approval knocking on the door hopefully we should see some significant movement
Following this thread, it appears to me that PI,s are focusing upon a quick turn profit. ( akin to 'stags' during privatization days). If this goes the Viagra route (which, signs, are it will...and then some), makes this an investment vehicle.
Whilst not getting ahead of myself, I see FUM entering the FTSE250, which will automatically bring on board investment funds, perpetuating it further towards the big one and hedge funds etc.
Depending upon Lombard's own investment strategy, when they get close to it, they could transfer their stake to any fund manger with longer term stratgey.
My view of FDA decision is that obviously an approval will catapult this to a different level, there will be SP turbulence in the short-term, if FDA decide to play 'silly buggers'. In the longer term, nobody's putting the genie back in the bottle. This will be available worldwide, including US. The question is, will the company driving it be FUM?
Jet, everyones gotta make cash, just ask the paperhands
Bruce......could you explain the relevance please as I'm unsure why having qualified staff in a pharmacy for an OTC product is an issue. Its exactly the opposite that Eroxon can be purchased without the need to consult the pharmacist hence why its marketed as OTC.
Boots is poorly run. On a trip from Italy 5 months ago there was no pha****** in the major Worthing store for 5 hours. Next door at Superdrug same situation.
In Italy all workers in pharmacies are fully quaified
The only thing stopping the share price from erupting is I would suggest Lombard selling at a very nice 500% plus profit, then I suspect they will activate their warrants at 40p and at some point sell those too for a 500% profit. What a lovely business to be in.
Encouragingly, as the launch of Eroxon builds in Europe, Futura expects to generate maiden commercial revenues this year.
“Given the lack of visibility with regards to either timing or quantum of these revenues, we haven’t yet factored them into our forecasts, but these, together with other potential sources of income mean that we are very comfortable that Futura is well funded to deliver without needing to turn to equity markets,” said Liberum in a note to clients.
“We leave our forecasts largely unchanged. The shares continue to trade at a discount to our estimate of fair value, and we see the FDA decision on US market authorisation in Q2 as an important catalyst to closing this.”
Just clicked on boots eroxon page and it flashed up 100+ have brought today and last sold 37 seconds ago. Then I compared it to a number seven day cream which is a top seller it said 87 sold today and last sold 30 minutes ago. It sometimes flashes how many people are looking at each product at the same time as you. It’s interesting and in my view gives us a good idea of how popular Eroxon is.
Ok, my turn to go into the huge out of town Boots store in Kingsteignton, Devon. There was a space for our product next to the Durex but none available. It was too busy to ask if they were selling welm or if they were due any more.