think a few here12 Jul 2018 09:48
are just driving the depression further - please look as what we have now re product pipeline. AIM is a vehicle for raising funds and they have used it to get what we have now. Don't get me wrong, I too am way under but I knew what the risk were and still are...but feel more comfortable knowing that we have something more tangible to go on as opposed to where we were a year or so ago. I still strongly believe that any new partners/JV co will want some level of stake in the company - I know I would if I was financially sponsoring!! If this is the case, it wont get flipped to drag the price down.. Also, any JV/Partner who is sponsoring a particular product would want the security that his funding will not be used on other products - this is where other partners join in!! So if I was sponsoring VAL401, I would want to make sure that VAL could go it alone on other products in its pipeline and that I would not want my funding directed to others.. so VAL would need to demonstrate that it has the facility to support other products until a JV/Partner is in place for others . e.g VAL201..thats my take and its a YES vote from me.. GLA