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I have long wondered why a potential purchaser would agree to a GSA that they themselves have not negotiated - could it be that a major is rolling up the purchase/GSA into one package, price contingent upon the results of all/some of the drills? And that they are involved in said GSA agreement, with the tacit approval of OGIF/ONHYM et al?
Just musing.....
Could possibly be out of SOU's hands in a few weeks time. Raises again the question of the Goldilocks zone for purchaser/seller - - make a healthy offer on TE-10 or await a potentially significantly price changing TE-11?
"The Company has subsequently licensed back to UNIQUEST certain defined fields which the Company does not consider relevant to the Company's targeted applications, but in which UNIQUEST is intending to carry out research"
The above reads, in my opinion, that there are many avenues being explored, possibly Medimmune is testing the targeted applications?
All information that is due can be released via offical channels. We have just had one FSC - what on earth could they want to discuss with a lare bucnh of disgruntled PI's that necessitates a second FSC (with no news following the last one) and then 16 hours later hold a conference call, with pretty much the same PI's?
There must be something new they want to discuss rather than just have us be informed.via and RNS......
Medi, it sounds mercenary but that is all I care about now - I am underwater by a long way and dont want to hear soundbites/energetic rabble rousing, all I want to know is how much and when.
I have faith in JP et al to do their best for us, as it benefits themselves but can not be doing with vague promises/missed timelines etc.
It looks more and more likely that March 2019 is the end date and i would like to think that our faith in this company will be rewarded - but will we see 4 digits, multiples of, gol
Surely there must be provisional offers on the table by now. Why have Rothschilds on retainer for the better part of a year? Discussions must have been had with potential purchasers as they surely cant be starting discussions from scratch following the results of TE-11? I am certain JP/JJ have a variable £/$ figure in mind depending on what is proven up.
So shall I pencil in 12-18 months ? :)
No point in worrying about it - can only let this play out but am hoping 10/11 comes in and that they can use any/all data from 5-9 to further ensure they hit the sweet spot.
As has previously been posted - you pays your money and you takes your chance.