Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Our US consultants have implemented all of the recommended near-term strategies in the FDA guidance, including implementation of remote/video monitoring (which is ongoing at the moment). In fact, we implemented those strategies more than a week ago, before FDA provided guidance, and we think the monitoring staff are now comfortable with working this way. We have educated the CRAs on COVID-19 so they can interact with the sites effectively. Our US consultants have sent a letter to update the investigators. And the IRB has been updated on study status.
Our US consultant think we are far ahead of the curve on this issue and will continue to watch closely. However, if the FDA does recommend that sites be closed we will abide by their guidance but as yet we have not reached the state.
In respect of the TFDA, Oriental Europharma, our commercial partner in Taiwan is proceeding with its regulatory submission with the TFDA and in fact they sent us the recent feedback from the TFDA earlier this week. And also Fosun is liaising with the NMPA so the NMPA is shut down.
When we get FDA we will all be fine…..
Not sure I like this;
Page 37
It is therefore reasonable to assume that stock exchanges over the world will remain very volatile and shares may be subject to extraordinary swings. There is thus a risk that the price of the Company’s shares might follow general market volatility, regardless of results and performance of the Group and decline significantly in value.
Page 42;
The most significant risks affecting the profitability and viability in respect of the Group is the Group’s interest in Plethora and the continued success and revenue derived from its listed equity portfolio.
So the Directors could have sold shares at a high of 43p but they didn’t. The company’s share price values us at £450 million today. ACF Research values us at approximately 76p per share. We are have a credible buyer at the table but we don’t know how much of the company will be sold. Interesting times ahead.
2 days to go….
Another move in the right direction.
We should be sitting at over 200.00 at this moment in time.
Nice finish this morning. Hope tomorrow gives us the information we all hope for…… I know it probably is going to happen.
What is going on with Deltex Medicals….
Never thought the SP would be this low ever again. Next 12 to 18 months going to be crucial.