Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
So why where we flashing in and out of Nasdaq?
Quiet on here have we got a new board?
Showing obb on my account?
Sorry not looked for a while been away so are we on Nasdaq or not? Cheers Clem
See last weeks RNS.
Good Presentation and shows very clearly to new comers what the company is about. Looks like we have about six months to get funding/Nasdaq listing so feel more confident now. With regard to drug registration I presume at this point the product can be licensed out and manufactured and obviously create a revenue stream. With regard to the share information can anyone give an indication of how much dilution we can expect ? Regards Clem
As your name suggests you have class . Grace under pressure is obviously a forte of the upper classes because as the days grow long I am coming to terms that this bet could meet a very bloody end. Hope im wrong Clem
Im Going for option 1. this is not looking good at the moment. How long until we run out of fuel ? More worried than last week ! Celm
I'm Looking forward to eating my Humble Pie just hope your all right. I must confess i`m very impressed the residents on this board are very relaxed considering our current predicament. Clem
Into February now another month gone by at least we will know in the next 8 weeks how this will play out either way. As I Said last week hoping for the best but preparing for the worst. Clem.
I hope you are right with regard to the finance as this is a very worrying time you would expect the corporate investors he approached to be interested if as everybody on here believes we have some special products. Why then do you think Baxter haven't put more money up straight away? What would happen to all the pateneted assets if it goes into liquidation would they be picked off by other biotechs. Sorry just a bit worried I have bet to much on this hope we will all get out alive. Clem.
With regard to the so called road show Scott went on visiting 40 investment houses reading between the lines you would think that Baxter would of been approached first with them supporting xbio last year which would make you think if so they are not interested in putting more money in at the moment. I run a sme with a couple of million turnover and am preparing for the worst and hoping for the best with regard to xbio as every week goes by without funding the inevitable gets closer. There may be trouble ahead. No fundung.No Business .No Matter how good the technology. Clem
If you read the Oct'13 DFS and look in the June'14 FDI presentation, you will see NPV@8% discount figures for the Base Case ($379m) and Upside Case, with large diamond expectations ($728m). This amounts to roughly £236m and £455m respectively. If you then assume the current number of shares and the present market price of FDI at £94m, then in full production the FDI share price should be between 75p and £1.45; higher with reduced risk and more large gem stones than conservatively forecast. There is clearly a lot of work still to be carried out though, so the risks in meeting the FDI strategic plan are deemed a lot higher right now - hence the lower share price. IF you are serious and want to know more about this share some very positive and well informed posters on the III site. Clem
So lets say we get on Nasdaq I would hope in the next 12 months which from what I can gather from this board is what we need to give us liquidity even though to do this there could be more shares issued meaning our holdings are worth less . I presume I have interpreted this correct. Surely the pivotal point will be when someone actually licences one of our therapies which will start to then generate an income. I presume the market will price this in before it happens as things hopefully move forward. With the trial news Parpaing has just posted seemingly very positive how far are we from licencing out a therapy (months/years) and at that point what could the share price be. Realistic worst case scenario responses much appreciated.
Ok will do hope your spy is on the money. Cheers
showing 25c on iii so not much of a bargain there.
IF we end up in January with nothing in place and we are out of cash 8 weeks later then obviously our position will be dire and the board will probably have to take what ever they get offered on whatever terms the investors want to offer providing they can find any.Beggars cant be choosers and all that. Ironic my lord all the negative comments on the fdi board from yourself and they managed to get the funding for the new plant in place and the way things are looking here lack of funding could spell the end for us. I sincerely hope you where wrong about FDI and right about this as I have very carelessly over exposed myself in both companies. Worrying times ahead! Clem
Does that mean bad news or would they have to tell the market if things weren't going to plan? TIA Clem
Anyone listening in?
I was 20k up and now im 1k down whats wrong now can anyone explain ?