RE: next bit11 May 2018 12:20
I thought Company said they got different options:
(1) Outright Licence deal for 401.
(2) JV partnership deal with an Equity element taken by the incoming partner.
Seems lot of folks not realising, under option 2 above, incoming partner would be Buying equity in VAL. For that BOD need authority to issue shares, albeit at a higher price.
Otherwise they get a cheap Buy-in price.
Not selling any at current levels. Price should be lot higher than 3p otherwise those 5p and 9p warrants become worthless.
I see both options as price catalysts.
Imho, Dyor.