Member Info for Marmited

Cheers J, So overall Seapulse (The Azi's) do have more partnerships than Simply PEL 44 in Namibia..

2010 might be wrong? Research for tomorrow.. anyway.. Namibian government has also said that BP also wishes to take over the areas relinquished by Tower Page 12 https://www.towerresources.co.uk/filesTRP_InvestorPresentation_0612.pdf
 Any idea what those areas were? This is in 2012..?

And BP?? They agree without a licence having left in 2010?

Well clearly there is consensus! So glad to see GBP on the map at last.. I don't see Oranto for example..

If it is an important strategy as to whether the audience have plenty of hair its a new one on me! :-)

It isn't about the audience or the limited time he had to speak, perhaps not even the majority of what his presentation delivered as alot of it is known.. but the word excited in ref to 201..

https://oncologyventure.com/press-release/oncology-venture-rearranges-its-financing-agreement-with-ehgos-alpha-blue-ocean/

https://www.sharesmagazine.co.uk/video/valirx-val-dr-george-morris-chief-operations-officer

You don't know that.. How do you know it hasn't attracted interest? Legal RNS's suggest you are talking rubbish. Of course your opinion is free to air with no ramifications. I'll point to 401.. Are you suggesting Val stating they no longer need to fund 401 due to LOI's is fiction? So what is this master plan you have that is the right way to move Val forwards?

Or did they want an unacceptable percentage.. you, I everyone will never know. So.. what is your great plan that works best for shareholders?

To invest let's say £6m when the market only values the company at around £2m.. how much of the company would you take away from shareholders through dilution by issuing more shares? How much of future profits would you take away from shareholders after swallowing up a large chunk for peanuts?

Thank you for spelling correction. "At these prices they could pick up a significant interest for literally peanuts." Good point well made! How is that good for shareholders?

Roses? Come on.. what is you're alternative? You want to borrow from what we know to date up to £6m to see the products through to commercialisation.. likely to be a bit more.. Your company currently is worth a third of that on the Aim. Would you seek a pharma to invest? How much of the company or product would you give up? How much would that cost the business over the years? How much control would you lose?

And you're alternative?

As a result, ValiRx is now in advanced discussion with the same investor to end the entire subscription, including what was already paid, and enter into a new convertible bond facility. No details of the new facility were given as ValiRx said they are still subject to agreement. https://www.morningstar.co.uk/uk/news/AN_1559037756562006700/valirx-cancels-subscription-to-seek-new-facility-with-same-investor-(alliss).aspx

Find out soon enough!

Access to a market in a few years worth half a trillion dollars.. and they picked VAL to deliver..

FIT Biotech's gtGTU now belonging to VAL has by far a larger potential market than 101, 201, 301 & 401 put together doesn't it?

ValiSeek has agreed Letters of Intent with one European and one US partner..

Unreasonable to assume European High Growth Opportunities are involved here??

So I would imagine European High Growth Opportunities are very keen to get the 'investment' signed off as they were undoubtedly key to VAL getting the IP assets of FIT Biotech, technology which they were previously invested in targeting the biological drugs market that is expected to grow to $480 billion by 2024.