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Tiger, oh the irony of you telling someone else to grow up!
Cheek heads up a business. It’s struggling for funding. It’s his job to look at the options. He will be having numerous discussions with many people and organisations about the company and its immediate future. There will be sharks circling for sure. It’s a business with huge potential. If you think Cheek won’t have discussed all the options, including taking the company private, then it’s you who needs to grow up, and fast.
I’m actually not saying I think it will happen but Cheek was as honest as he could be. I believe his hope is still to arrange finance on the back of the next NICE news. Unfortunately for him and those invested the sp is not doing its usual trick of rising when good news is imminent. It’s even worse because RF have no shares at the moment sob it’s purely down to the fact sentiment from the market is almost non existent.
There is a partner lined up for funding the FDA application. Has been even since the Dec presentation. The question we should all be asking is why won’t or can’t Cheek announce who it is. What needs to happen in order for them to finally sign on the dotted line? Is it that they need to see GDR will survive and can get a placing away or is it that they themselves will not commit 100% until a FULL recommendation is confirmed by NICE either at the end of the public consultation In a week’s time or the publication of the consultation which should land in July? Who knows?
Lots of potential here but for both good and bad outcomes for current share holders. If that FULL recommendation lands then it’s a whole different ball game and those aforementioned sharks will be circling ever closer. We have to hope Cheek doesn’t get lured by a big offer from one of those sharks to take it away from current share holders. That’s why he’s paid £300k per year perhaps. Gilham needs to step up as soon as possible and line up a healthy buyer to take it out for a decent sum. If by some miracle we got to that scenario then a bidding war might even be on the cards. Long way to go before we get there though.
Dear Professor
Your posts are as useful as cat donkey in jungle ..
please take some time and watch the Presentation again ... there is no talk about Private ... grow up ...
Another day closer for the wheeler dealers Cheek and Russ taking it private.
I bet in the meantime they are stocking their Wine cellars with vintage wine courtesy of the shareholders.
Waste of time System because i only know as much anybody else lol.
Big H.....Another common sense reply...(PS my favourite poster)...more should listen to Big H..
Tiger the FACT is nobody outside of the company know what is going on other than we will be raising money in the near term to finance FDA application , and to keep the lights on . Everything else mentioned on here either by you or others is speculation or educated guessing, you have mentioned many things that might/could happen but produced no proof or evidence to support your claims, FACT.
"P**sy cat"
tiger .. .....aka " ***** cat "..
How dare you .. rather than insult me , out smart me and advise a factual response ...
GDR up we go to the sky .. fasten your seat belts guys
Tiger...get back In your cage..you,re talking s*ite again..!!
Hi Jim very valid point ... and it could be the very reason work is being done in the back ground which would signal that as long as we have funding , and confirmation of the USA partner ... well like i said this will open at 10 p the next morning , hence i believe when this RnS comes it will be after hours ...
Jimi...I don,t think so ....but what the f*ck do I know..... GLA LTH,s
Is it possible that NICE could announce the full recommendation decision on the 26th April (or following Monday) at the end of the public consultation period, ahead of the formal guidance publication in July?
Dear All despite what the de rampers are saying on here , i for one am quite excited ... this is either going to rocket out to space , or crash like you have never seen before ..
I know what my money is on ...
Tomorrow is a good day for a RNS