Member Info for LookBothWays

I should add that the Voxmarket interview yesterday showed the direction of the company was to sell POB001 to pharma companies at the price they are willing to pay on a dosing basis. That is the thinking there currently.

Anyway spent too much time here have other things to do I dont normally post on LSE as its pointless and I am not gaining anything new from this conversation so will love you and leave you.

Lets see who is right in a few months

He has clearly stated he wants to build POLB. With the income of POLB001 POLB will flourish. If his intention was to just sell POLB001 why set up a company to run a pipeline of drugs? He has modeled it on another European company, I forget its name, that is now worth billions by following that route. He will set the company on track and then sell his stake similar to what he did at HVO.

Rusty

see my last post to Brooko.

I dont think Cathal Friel will sell there is too much money to be made selling it to 6 companies for years to come. He can do arithmetic.

There is the problem that it fails off course but then the SP is toast so until the trial happens we can only speculate on what might happen as if it fails there is no discussion.

Brooko

My point is J&J will not make an offer.

There are 6 companies producing CAR-T cancer cures if one starts bidding the other 5 will as well because the company that wins will corner a market that is currently $8 to $10 billion and even without POL001 reducing side effects and freeing up the need for hospital beds it is projected to be multiples of that by 2030. Big market to lose a grip on. The safest route for everyone is to have POLB sell POLB001 to everyone as no one is going to be able to buy it for a sensible price.

Again I ask who asked for the company to be sold? Who made the deal is one thing but who asked for the company to be sold and authorized the sale? Wasnt him, he was a worker. Besides all irrelevant if you think Cathal Freil will short sell this for a fast buck before he has barely started building the company you dont know Cathal Freil. There are vast profits to be made annually on POLB001 and if you look at the business model Cathal proposed at the beginning of all this that fits in just perfectly.

Rusty

one whose direction was he asked to approach Roche? He did not just up an do it, doubt it. The owners also are the ones who made the sale not him they decided to cut and run. The owners run companies not the VP of business development.

Rusty

You are over stretching a very weak point there.

1. Jeremy was a VP in lnflazone so he had very little say in selling it the owners did

2. The major shareholder in POLB is Cathal Friel who will decide any selling point for drug or company

3. Inflazone was a one drug company which is normally set up to be sold unlike POLB which is a multi drug company

Brooko19

run the numbers on the price pharma's have stated they are willing to pay per dosing of POLB001 if it is brought to market. £300 million is valuing the company at 1.5 times the lowest possible income they could expect in first year and less than half top end. Once on the market of course the number of people getting dosed will increase as that is the selling point of POLB001, it makes using CAR-T cancer cures a lot safer and increases the number of patients that can be dosed. The market only goes up from first year figures why sell at a low price when there is no selling pressure?

The most obvious point though is that this company has been set up to have a pipeline of drugs coming to market the business plan is not to sell the company after they get one successful drug its to use the income to process more drugs through the trials cycle. I can see no reason for POLB to be sold. POLB001 could be sold but £300 million is again too low a number.

Thinice

you really think someone will gain 30% of the market cap of POLB and make a bid? Any bid like that normally starts with a large holding being added to so in the absence of that you are clutching at straws. For anyone to get 30% they would need to buy out a current holder which considering the two largest holders are Michael Kelly and Cathal Freil at around 6% they have zero chance.

Just admit you misspoke it isn't a bad thing to admit errors. Its a good trait in investing to acknowledge errors it saves money usually in the long run.

What the fact they have 7.5% of the shares got to do with it? They can reject the offer as undervaluing the company, see it done loads of times, They will then quote the sales that can be achieved in year one of sales as justification and that is the end of that.

The chances of a buyout are laughable at £150 million. From today's interview on Vox if you run the numbers quoted their first year's income from selling POLB001 to all the companies using CAR-T treatments would be more than 3 times that number. Why would they sell for £150 million?

Economy is trending downwards, taken me a while but now had enough as I dont see it reversing I believe there is more chance of it blowing up now which will trash many companies SPs. As to when the economy recovers it will be pretty obvious

Good luck weathering the storm.

I notice mainstream media are now pointing out Buffet is moving to cash.

Picking the right small miner is the trick, plenty of bad ones. I believe I have done my research and understand the sector very well.

The reason to buy small miners, rather than the metal itself is leverage, is a gold coin cannot be worth more than spot however a miner can be valued at 2 or 3 times its value as its value is projected into the future. There is VAT applied to silver so not worth buying and finally holding gold makes it an illiquid asset unless you hold it online in which case you dont actually own it and when a crisis happens, which is why people buy gold, that becomes very important. So I dont get the holding physical argument.

Well I just sold my L&G which I was hoping to hold for a lot longer and will consider looking at buying again once the UK economy looks safer. Bond yields being so high means trouble and the grossly underqualified chancellor is not making me think she has a solution to a possible melt down I am buying small miners mainly gold and silver ones as gold and silver are on a run due to the state of Wests finances just now. I hold EEE and believe it over valued for where it is currently in the development of the company however that doesn't mean it wont go higher as the MRE is due out soon which will confirm the resource size for the mine. That will be a major step in the progression to monetizing the asset.

This is what I am doing and is not advice on what others should do just a viewpoint to consider.

Issue with that is they had said they would hit at 500m gold. They are now going 200m further down and dont have the equipment to do it so clearly did not expect to have to do this. Suggest to me they missed the target and this is a duster. The next hole they are now planning is the potential goldmine.

Can anyone tell me did they raise enough cash for the second hole they are planning mentioned in the RNS?

It does seem like its determined to go up. Long term it has to be a good investment NATO spending at 5% is going to increase orders for everything.

Will buy some more once I am certain of the trend upwards being reestablished.

I sold at 530p taking profits as it started to drop bought back some today hoping its a past the overbought stage and back on the upward trajectory.

The risk you are missing is the lenders refusing to grant an extension. I would say its unlikely to be refused as a takeover means their debt keeps getting paid without a takeover re financing is needed. What the big risk is large holders not accepting the deal and deciding to force the company into re financing and then they take a large part of the company from PIs during the fundraise.

Would Lonny do this if he thought that the contract rules were adhered to? This is a desperate and last ditch maneuver before getting the lawyers in. Its a lot cheaper to post on X than pay a lawyer.