Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I hadn’t realised FUM had any products before CDS500-condom, so now having read all about PET500-spray to stop premature ejack that worked & had a US roll-out! But failed to sell I’m not surprised there is some hesitation with the share price! But FUM are not new to this either & have no excuse for poor RNS’s as have had plenty of experience IMO! Not sure if this settles my nerves but does explain alot, and until we see real re-occurring profit I think it’s a waiting game. Was anyone invested around the time of PET500?
Italian-let’s hope so, I realise FUM have also been shafted in the past by commercial partners, which is why I hope they are in total control this time round. GSK we’re the shafter on at least one occasion!
FUM has manage to get multiple products to market but products have failed to gain traction! PET500 & CSD500 both failed in sales so to me this is what’s holding SP back! sales, sales, sales=profit
So now they will run out of funds faster! At twice the rate! Clinical trials are going to be very expensive & N4p can’t afford it! Does that also mean we are paying another Nigel somwhere???
SRM72-Don’t think FUM BOD are clever enough to set that site up, they might make some money & that would go against everything they stand for, as I’m starting to think they a not for profit setup!
I wonder how their SP is doing, probably better than the Real Eroxon SP! Anyone know what they trade under May buy a few, bet they release better RNS’s as well! 😂
I don’t think £20k out of £150mill will cause a drop of 5%. Something strange going on with this share! IMO
I personally would like to see the product sold or company bought out as I have no faith in the Cheshire Cat (Barder) to make decisions at the right time. Let’s face it FUM were extremely Lucky with the product as even when faced with the trial results ,that without an active drug in Med3000 it was just as effective, they were clueless! Barder has been lucky! & that luck will run out eventually!
As others have said, who really cares about the short term SP, we all know within 18month it will be double at least. I suspect people are still concerned about whether this products works, but when faced with this question I look at the in-house trial carried out by cooper which produced the same results as the clinical trials! We are onto a Winner here they just need to get the roll out right!
Absolute Idiot why didn’t he buy the new company with his salary, sure he could afford it!! & I’m calling his an idiot, he has taken our money & what have we to show for it?
The BOD get shares at current price before end off the year, so what interest do this have in the short term NONE!
Wow raising money to buy into another business, while his own business is struggling? Maybe he has given up with Nuvec and has his eye on something else? All very strange, only person benefiting here is the swindler Nigel! All for one and one for all!
Only milestone news we are waiting for that will have a major impact on SP is world patent! But looks like SP has repositioned itself to only take account of Uk & EU markets only, so adding Saudi launch may push SP back up! Who knows with this share but at least we will not seeing the 7p days anymore.
Barder has a real skill at killing off the SP no matter what he says!!
If we just look at the value of FUM £150m, based on the current sales of around £1m per month £12m a year for UK & Belgium! We maybe a little over priced! But as many have said logically as we add more territories to the sales figures the SP will rise, we will get the sudden rise once the market realises it’s not a Fad & the money keeps rolling in. Let’s not forget we also have other products that are on hold currently that will add to the value long term. So hold steady LTH we will find the good at the end of the rainbow soon.
Hopefully some big investor building up a holding, clearly too many shares for MM’s the manipulate SP with currently.
Good RNS & great webcast, but SP dropping yet zero rise! So not bouncing back total SP manipulation! I hate those MM’s!!!
All I can say is WOW dropping still???
Well based on all the data the last few days we can expect the SP to reach £2 in the next 5 years, hopefully £1 by the end of 2024. I suspect if everything goes to plan we are now on a straight line trajectory! Let’s hope as estimates set out by FUM are at the low end I feel! IMO anyway.
Anyone know how the manufacturing works?, does FUM pay a third party to manufacture the product? Initial tooling setup & then a fixed amount per unit? Looks like manufacturing costs are 50% of FUM’s share or about £4 per unit which seems steep? & on top they have setup costs which also eats into profit but will be temporary! Thank god! Guessing building stock levels for launches will eat into profit initially which is probably the reason for break even in 2024? Sorry just speculating & trying to understand the figures, shame FUM couldn’t make these things clearer!