RE: Deal value of between $360-450m11 May 2023 10:15
There is an argument against that.
Let's not forget that they were supposed to be in Asian partnership talks for NXP002 back in 2019. We now know that fell through for whatever reason. However, any competent board should at least have gleaned from that experience what would be required in terms of test results to get to a stage where talks can seriously go ahead.
If our board were to be taken at their word (and it's a big if!) Then were are apparently not far away from that point.
Question is how much of what they say can be trusted, especially when we're still being fed unverified potential BS (e.g. we now have our first institutional investor on board....who has either sold immediately or can't be bothered updating the register)