Firering Strategic Minerals: From explorer to producer. Watch the video here.
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today's arrangement shows that thee's going to be continued life in the pharma, in spite of the fda hiccup (and that's all it's now likely to have been).
will be relieved to see 12p today and squeeze a little more for a good support into the meeting.
oh, and if you're passing SAR, say hello to thoth... his share's languishing, in comparison!
Probably won't reach any dizzy heights today as people take profits to quickly but a slow rise is equally as good. It is always funny when the SAR mob come and talk us down and we go quietly up.
Will end flat imo. This isn’t rocketing price news it’s more herd not reading and understanding the rns. Will drift down and end up flat or couple percent up imo at close
it's not about the herd misunderstaning the rns... it's about the fact that this shows there's a belief that this isn't a bust and is still the same pharma as it was before the fda knock back... as such, it's about reclaiming the lost sp over and above how it looked last week... that's all... but it's enough to put a boost under the confidence in the roduct and the sp.
Big day friday. Motif Type 1 meeting with FDA to address the FDA requirements. Lamellar Biomedical Must be confident that Iclaprim will get approval for ABSSI and go onto be studied for Cystic Fibrosis. My niece has CF and infection is always the biggest concern, (cause of death) even at age 5 she has been hospitalised several times with lung infections. We need this for all thise CF suffers.
Having been involved with FDA situation stocks, the Board’s actions look like they are pretty confident of resolving any issues with FDA and yes it is a much needed drug in the market worldwide. I think it would be steady climb to 14p after the profit taking is done . And then it’s on to FDA results which could result in it being a multi bagger. Very little downside on this in the short term.
Ian.B, words of wisdom as ever - yes, Friday is the big day. I just have to wonder, will it be the full month before we find out the results?
Does anyone know the pub that Glumsden goes to so we can see how many drinks he buys??? ;-)
There may be s few plying him with drinks after the AGM on may 22nd. He is very discreet and gives little away but id expect some clues to be gained at the meeting.
From memory its 3rd june we get official word on the fda meeting?
Ian.B - nice to see a poster understanding more than how this RNS affects the SP- I have a 6 year old daughter with CF and agree totally biggest danger is lung infection and any treatments that can help have got to be welcome.
Chartman, i feel for you. Ive seen the daily repeated physio and the long hospital stays with my young niece. Hope your daughter stays well.
The bigger picture isnt often discussed. Anti-biotic resistance is a very serious issue and if no new AB,S are forthcoming then people will be dying in years to come of minor cuts and infections.
Hope to see this get the abssi approval and then go onto to be approved for other indictations inckluding CF and HABP.
I guess we get carried away with greed of money but there are more important things in life. Best wishes to your daughter.
Cheers Ian.B
Daughter is well at the moment but next scare is always just a cough away at school. It helps though when a school is supportive of her, as not all schools are like that, it makes so much difference to her to mix with other kids and do what they do despite the risks, that then comes back to why these drugs need to be developed and approved.