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Interesting, taking that rumour Keith was in Brussels on Tuesday, can it be any coincidence that the EBA had 2 meetings within a week, and the first bulletpoint of the EU meeting notes clearly says: "Secure access to raw materials" (referring to both inside and outside the EU). "At least 10-20 gigafactories" by 2025 in Europe. Good target. So basically 5-10x more lithium consumption than Tesla? https://ec.europa.eu/growth/industry/policy/european-battery-alliance_en "The EU wants to create a full value chain of lithium-ion batteries in Europe" - in the 60second PR/comms video.

TBB - good post. Logical sense. If I understand correctly, hormone driven cell growth is pretty generic among humans/animals, if it works in prostate and gets into phase 3...I mean Jesus the potential for prostate/breast/ovarian and vet applications is gigantic.

Interesting that someone mentioned Keith was in Brussels earlier this week, there's been a lot said at the EU in the last week related to batteries and lithium. http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:52018DC0293 Key Actions The Commission will: "build on the EU list of Critical Raw Materials, established in 2017, to map the current and future primary raw materials availability for batteries; assess the potential within the EU for sourcing battery raw materials including Cobalt (Finland, France, Sweden, and Slovakia), Lithium (Austria, the Czech Republic, Finland, Ireland, Portugal, Spain, and Sweden)..." "III. Conclusions and next steps The Commission calls on EU industrial stakeholders participating in the 'European Battery Alliance' to: take forward and implement industry-led initiatives 31 and projects in order to establish a competitive battery value chain in Europe. the participating Member States to: step up their support to industry-led projects related to battery cell manufacturing or other parts of the supply chain using national instruments and/or appropriate EU funding mechanisms for which they are responsible (i.e. structural funds), as appropriate. simplify and accelerate approval and permitting procedures (environmental, manufacturing, construction) for pilot lines and relevant industrial projects. The Commission will continue to work in partnership with both interested Member States and the industry in the framework of the European Battery Alliance to keep up the momentum and ensure that these actions are implemented in accordance with deadlines, and that tangible results are delivered as a result. The Commission will issue a report on the implementation of this strategic action plan in 2019."

Depends, the right level of people (NATO military commanders, EU top brass) have been stinging Babis' and Zeman's ear over the last year over various issues that keep popping up in CR. If I had my cynical old fart hat on, I am somewhat expecting Babis may be trying to wangle an unofficial EU pardon over his naughty EU grant fiddling, in order to allow progression of certain projects. Indeed, I cannot recall the last time the Czech's held a significantly strong hand for European military/strategic supply.

The nice thing about VAL101 is that it has actually been peer reviewed by the EU biopharma grant community, and came surprisingly high on the list of 'most promising technologies'. If I recall correctly, it was ranked 4th most promising technology out of 500 projects that requested EU funding, ending up receiving about �1.5m in EU grant funding to get the research stages complete. To be fair to the BOD, that is a significant success in itself, and the technology has been Satu's baby for about 15 years now, I can only imagine the excitement she must feel about getting that into Clinical trial. Not sure about the VAL101 timing for the clinic yet though? Need a decent pot of cash first https://www.valirx.com/valipharma/technologies/

Some interesting updates from Blue Earth Diagnostics this week on imaging of prostate cancers/metastases. They are part of the UK Syncona shares fund. http://www.4-traders.com/SYNCONA-LTD-11814171/news/Syncona-Blue-Earth-presents-topline-LOCATE-results-at-AUA-26627755/

I actually find reading the Valirx patents is far better, especially in terms of learning the nuts and bolts about why 201/401 behave the way they do. Do we have any patents on VAL101? I vaguely get the concept, but it's a new approach and I'm probably totally missing the real detail. I get that it basically helps our genes behave 'normally', instead of a cancer situation where the growth factor acts like a brick applied to a car accelerator.

Plus, I cannot even imagine what happens if we get similar results on breast cancer, the press coverage would be insane.

TBB, yes, the key difference in 2018 is that Valirx have plenty of EU/US patents, a bunch of clinical trial results to talk about and probably, just maybe, actually having real conversations with partners.

The phase 3 �20m rumour was possibly based on the investor evening that occurred 6-9 months ago. If I recall correctly, they were either considering the pros/cons a partner to provide the money, or float Valiseek as a separate IPO. I think some message board members suggested �20m for all costs/trials was a plausible business plan. There were suggestions that Valirx would retain a % ownership, slightly lower than the existing. But I am struggling to remember how much was based on pure guesswork, because nobody has ever said anything on the record.

PS starting to sniff for the first time in a while that there might be some positive traction on this mine soon, been a slog but we may just be looking at it starting to turn the trend.

Well yes I see that, but the import tariff is on all cars, which are generally petrol (rapidly shifting to elec). Seems a bit silly to have import protectionist tariffs when you make the cheapest cars!!! Unless the whole point is that it's a wealth tax on luxury BMWs being imported into China by millionaires?

Why does China even need import duties on cars? Chinese cars are cheap enough. I suppose it's for the top end luxury vehicles?

Hi Stach, thanks for that, I was referring to PSA testing, which I assume can be tested regularly from blood samples. Would be lovely to see the full data package but I am not clear when our next reports will be published.

lol, the people who ramble on about PR may be disappointed, but what in reality did they expect? The company, who have made mistakes along the way, have regularly updated us with the news they are allowed to share. The rest is probably not permitted to be shared yet. In terms of PR, they are a small AIM biotech, they are not Coca Cola, but they still manage at least 10-20 comms per year, RNS updates, videos, calls, investor evenings/presentations, UK investor show etc. Do you want a front page spread on the metro? Perhaps a �20m viral easter egg campaign? Perhaps we could hire Lord Mandelsson to lobby parliament? In the grand scheme of things, I half wonder if the incessant rambling about improved PR is whining by PR marketeers who are simply trying to sell their services to Valirx. PR will not radically improve Valirx's position. A commercially efficacious drug with decent safety will do wonders. As you can probably tell, I am not a fan of ad-men, and frankly the BRR media/proactive investor interviews are serially embarrassing for any AIM company, because it basically is paid-for PR flagging a probable imminent equity issue.

I just find this whole aim broker shares flipping immoral. It's basically giving a small group of professional investors the right to make a 10-20% profit at everyone elses expense. If ya wanted to design a crooked system AIM is how it would look..

Did this Nicholas guy actually buy/sell anything? Or were his shares diluted past a reportable threshold?

By comparison, Tesla's new battery weighs 66g, so you could argue that scaling up and removing unnecessary external structures could result in a serious energy/density improvement.

It is interesting, although I would not currently say HE3DA are 'game changing', they appear to be capable of building an above-average quality lithium-ion battery, mainly via what appears to be a 3D nano-material electrode process, that permits the construction of a 1kg+ lithium battery with higher levels of safety (against short-circuiting metallic spikes forming, as well as reducing thermal runaway and permitting cooling, from what I can gather) and alleged faster charging times. Oh....and bucketloads of lithium just down the road. I am somewhat basing the above on their marketing/technical PR and what their patents say, and while I am an engineer by trade, I do not specialise in battery technology.

Jesus, Hyundai have a battery shortage? They source from LG Chem, Samsung and CATL, not exactly mom-and-pop organisations! Better build some more battery factories then.