Member Info for bobbust

It definitely should be 4p

Cash to drill.

79 group want to float over in Canada so it would definitely be in there interest to see there main assets value go up

An independent investor after due diligence has placed a value on one well at $15m .

That means 4 wells equals the present MC of the whole company.

This deal highlights how under valued Zephyr is

A few PI sell probably because they bought into last week's rise gambling that something was coming.

Relatively small number of sells.

When those with real money work through the deal and see what a great deal it is then we will see some buying

Good chat about Deepverge and Gerry who by the sounds of it we're even worse than you could imagine.

They definitely seem honest and working very hard to make something of Microsaic

Just chatted about recent announcements.

Very positive, lots going on, lots of potential.

Worth a few quid giving a MC of £1.5m

These guys are the business.

Talk well and are making great progress.

Will definitely add a few after chatting to them

Going to pop in.

Any questions?

They have best ever results in combination with a CPI.

They have signed $1.2m worth of deals.

It's the SP that has failed to follow the IP.

If you are buying today you will probably make many multiples of what you invest.

FFS it's a 10% dilution on AIM what do you expect.

The MC is approximately 100m so I would say that's a 10% dilution!!!

This is incredible cheap. Always has been.

SCIB1 has outperformed CPI in every way.

The deal for this will be huge.

Two deals for pre clinical signed for up to $1.2b.

SCIB1 one has mono therapy results and a phase 1/2 combination trial results.

Don't complain about a 10% dilution, get stuck in and top up.

Delays are not management problems but difficulties working with the NHS

The company has increased the IP and done exactly what they said they would.

Positive trial results and two deals for up to $1.2b .

In a normal world the SP would have been double what it was and the fund raise would be at half the dilution it is now

Some very good milestones reached. Everything moving forward at a pace.

Will achieving these milestones trigger payments?

It is entirely possible thee were milestones payments in the development contract.

Only a small down payment for the right to work on our product.

At each stage they will pay more.

The payments get larger the closer they are to a product on the market.

Interesting sum.

Either it's the same as the last deal and for upto 3 products or they are paying a hefty premium for exclusively?

What is almost guaranteed is the 1st one will be heading to the clinic shortly with another milestone due

Total of mile stone payments could reach $1.2b . not bad considering excludes royalties.

not bad for a side line. Makes you wonder what a SCIB 1 deal would be worth?

Its easy to forget there are only 16m shares here.

some bulky trades today

LD said we would know in December.

It could be that's when they meet to confirm that they are going ahead.

They will have a procedure to follow.

The scientists will do an evaluation.

This will be passed up stairs probably to board level.

They will evaluate it and then ok the deal and the expenses for the next stage.

They won't be rushed.

It will happen in their time.

Some decent grades also. 2x or 3x what is in the initial report

At this level of MC definitely worth a few quid. Any deal could dwarf present MC