Member Info for Obelix

Freddy, difficult to say, but not impossible after the last RNS. Deal it's on the table for 401 (we are sure about that)

Further development for 201 & 301 may will need some $$$

We still with out answer (s) about 401 deal. Like you said, let's see what's Satu will say on Saturday, but I'm 100% sure She will not say something different that they already reported last Tuesday.

Yes Uncanny, agree with you, but how much? We own only 50% or 55% of ValiSeek. They reported 201 it's almost there PIII plus 301 nearly to entry P1 (clinical).
The big question still on, how much we will get from 401 deal

Have a look at the GAPS with out trade today. So far, we had 10:32 to 11:33 no trades reported then 11:33 to 12:17 not a single trade, it's not normal here. Does anyone had a trade today between that time?

ValJu, I don't think we will see a placing at this stage, may be a deal for 401 first. Entry to Phase III for Lung Cancer and then a placing for 201 & 301 further development (which is more likely) to be out at some point by next month.

Back to Zero point....

Borgie, usually the agreement comes with upfront payment and this is why VAL business model has been design.

They will not take the compound to PIII. They will licence to someone and will get the money to cover all costs that was spend to develop the compound. (that was I understood about Business Model in VAL)

May be this upfront payment will not be really big as we expect, but they will pay some and we VAL & Shareholders will get 50% or 55% of the value from the agreement.

Why try to twist all agreements that we see - saw in past. Look at SAREUM - (Sep 2016 agreement with Sierra Oncology) they are using the same business model

Obelix

Marmited, you rise a good point. If they sell 55% - 50% from ValiSeek, what's they will do with the money?

That is a good quote and question: "To even consider being able to carry out its own IIb/III study on 201 it needs cash and lots of it so where is it going to get it from? billions more in share issues"

Obelix

Blue it's coming? How is L2 now please

Rightback, what's you mean? UTC?

Why Sell now? We could be close to see the deal...!!!!

Agree 100% Nomlungu, but more information regards to negotiation (s) will be good for us. We know PR it's not another strong point in VALIRX - BoD

So Marmited, do you think they will not sell the compound? After Satu's comments on the RNS yesterday?

Freed, do you think Satu will provide more details about negotiation from 401 or talks about 201 update / negotiation? Can you image if she's add more information about both and possible the value of the deal? Val will explode on Monday morning.

Fredd, the big question is: how much Valiseek will worth for us?

Funk, I can't. I'll be busy this weekend and next week sorry, but I'm sure if you attend you will find some good people there.

Funk, I had mine on Monday Morning at 0.55

Way, welcome to our club. I believe only ValJu here can afford Majestic Wine, we are poor after years in AIM.... lol

Waynes,
Mateus Rose from Portugal? Mate, that wine will kill you next day... lol

ValJu, I will try this weekend, I found one of your's tip at Waitrose (I live close to one shop). Thank you

Morning ValJu, how are you? I hope you're well.

Did you try Cadet Mouton Bourdeaux? I had one in Marseille with Duck, was really nice.

Another good suggestion is: Les Closiers Châteauneuf-du-Pape you can find at M&S £21.00 bought one yesterday.

Obelix