Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
At 6th Jan there were about 290m warrants outstanding but have since been reduced by 125. So about 2.2m. Can't remember when or at what price the are exercised. I think if you can be bothered to look back Mathsprof posts the info will be there
I see someone has raised yet again the old PYC agreement from 2011 regarding prostate cancer. George said many times over the years that the agreement was never acted on and lapsed. PYC would get nothing. I can hear you all saying never trust what George says but he has said it so often it's probably true
You are missing the point here St. How much of BC do Val already hold from their interest in 401. That was 6 months ago and we still don't know. I hear what you say about BC201 but that is pure speculation. The tests on 401 were completed 2 years ago and still no deal. And I have said it before but a conflict of interest here until it is cleared up
So what is the new money for when they already have £1m in the bank.
Last we were told 201 would go forward at someone else's cost.
301 with Japan company already not costing Val.
401 not costing Val.
I keep asking but nobody answers. What is Vals share of Black Cat now they have 401 and 201 going forward for Covid trials.
Come on Dr Dilly you have had 401 since January to raise cash and still talking.
George n Satu must be laughing their heads off. Same as last raise. Who thinks they will be quick enough to get shares from porterhouse like last time. Money goes to money. Where are you now Fred with one for two shares to existing holders. Right at the last they kicked your ask in the long grass.
Max you have it spot on that's what Val has been like for years. Drop the old lths off the end and get rampers like you to entice newbys on board. You could be right Nickwnd.
MMs must get a right laugh at you guys speculating what might happen next.
If we look at what has taken place.
Black Cat Bio look to have filed for a patent in USA using Val compound 201.
Anybody thinking of investing and looking up Black Cat will see a company formed in Dec 2019 with no bio history and one director Stephen Worstenhulme a stockbroker. We still do not know what share of Black Cat Val will have in relation to 401. Dr Dilly may be a good scientist but she has had two years to find funds for 401 with Valiseek and still nothing.
Oncolytika has one director and no shown history of anything really with the Dr Eccleston the sole shareholder.
Not for the first time am I asking for clarity in Black Cat Bio to show there is no conflict of interest. Nothing there in the background to inspire until we have clarity. AGM would be a good time.
Max
You could have saved Dr D a lot of time with your questions if you had read some RNSs.
4th May regarding fundraising would have shown a cash raise of £1.2m and warrants valid until 4th May 2021. So enough cash to see this year out and if the sp goes above 15p for 5 days before the 4th May 2021 then the potential for another £1.2m. So the bod must be fairly confident the sp will rise and if you fancy doubling your money in the next 8 months there is your chance.
In the RNS of 19th June there is an update of expenditure for the coming year giving staff numbers and costs so I think they have a hold on that one.
And the RNS of 19th May gives a Project summary covering all items on the list and timescale.
So those three RNS s answer all your question.
Waste of time Max. All questions unanswerable without RNS. How long will the money last when will we need more. When will the test info be ready. How will the joint ventures be financed. You will not get any answers imo