Member Info for Early_Bird

worth researching thoroughly before parting with the hard earned. But from my research I feel this is a compelling investment :)

I am being incredibly conservative given the this:

https://ovocabio.com/app/uploads/2020/03/Ovoca-Bio-plc-Libicore-Presentation-2019.pdf

Slide 21 outlines the two competitors market deals post FDA

no worries, for a company with a P3 approved drug that is approved for sales in a very underserved market worth $300m (Russia alone) ... £50m Cap would surely be fair given £14.5m is in cash/etc to help push their product to market.
Then with EU/US markets you can bolt on a significant amount more to the valuation ($2.25b market).

To me here the risk v reward is second to none

wouldn't expect any spikes here tomorrow personally... its very quiet at the moment! I expect a big rerating between now and June/July though as market takes positions in anticipation for Russian sales approval.

OVB own 737k POLY shares, which is a very respected gold producer. Ironically this is a Pharma company with leverage to gold through its stake in POLY.

I hate spikes, I like nice steady rerating builds. Fair value here bare bones at the moment is 25p.
£14.5m in Cash and POLY shares plus the company have paid £11m in acquiring IXIV = £26m vs £9m cap at present.
Of course one would argue the company see *significantly* more value in their IVIX than the £11m paid for it otherwise they wouldn't have recently acquired the remaining 40% stake.

you have 50% rise from here just to get to Cash & POLY shares value alone, let alone the huge upside of BP101 which is 100% owned and passed P3 trials in Russia.
POLY shares have gone up 50% which is hasn't been reflected at all in the share price either.

"Founded and incorporated in Ireland, the business currently operates in Ireland, the UK and Russia."

Russian approval for marketing and sales in Russia is due early H2 which is a $300m market and so is application for EU/US trials.

Multi ID;s dont do you any favours fella ;)

Very Smart!

https://ovocabio.com/about-us/

Whats more interesting is they confirm 16.5m euros (£14.5m) held in cash and liquid assets (POLY shares)! Wow. This is way higher than my predictions.

£9m Cap
no debt

Then huge upside of 100% owned BP-101 priced at a negative EV!

Opportunity!

MMs wanting stock badly..

This is building very nicely in to close! Bring on next week

as per RNS. Expect a big move here soon as people cotton on

wasn't expecting that! ah well only small one

warming up nicely here, slow and steady does it.

Been in this for 16months now and good to see it gaining traction, but this really is just the start.

Revised DFS, Binding offtakes, strategic financing... these three pieces I think would see it £50m+

Exciting times

strong afternoon incoming looks like

5p+ looks possible

Yep already the best DFS numbers I can find given the low capex so im itching to find out what the revised numbers look like.

90% IRR
$38m Capex
$358mNPV

Think youll find pretty much every DFS inferior to these numbers exp Capex to NPV ratio

Drilling plan for 2020

Hole 5 Results

Production plant scoping numbers using ore from CE

Possible JV? We know Majors are making strategic moves in the area after all...

Yes Covid 19 will certainly have delayed certain things, as we are now actually 7months from the date of that interview.

But they will still have been able to progress many things during the lockdown, desktop work, negotiations etc so lets say they've lost 2 months of time due to Covid 19...

Lockdown ending in Europe (mid) May? and UK to follow. Hopefully by June we are firing on all cylinders again.
Lets see if Nickel price starts to play ball again

Link takes you to specific time in interview:

https://youtu.be/ReBXZUAnTN4?t=1062

Interview October last year

"Our focus is to build our market cap to over £100mln over the next 6 months"

6months takes us to now...…

So I think we are at the business end of the newsflow ;)

https://www.youtube.com/watch?v=ReBXZUAnTN4&feature=youtu.be

Personally expecting a nice move in Nickel price once global lockdowns start ending.

Looks like matey of JPM thinks the same!