Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Sam think canon mentioned yesterday this moves on very small trades up and down. Wouldnt worry too much over 10% shifts. Wait for news and this will move quickly.
Canoncan, its up 33% now on no news something must be happening soon? Read your comments early september and did some research myself off the back off it and bought in between 2.4 & 2.6 pence. Only half a mill shares but will leave them in here for the long term. I urge anyone looking in here to do the same, bright future here !
I think there has been a leak!!??
Pick
Youve done your research so the daily swings should not overly worry you unless youre a trader which by the tone of your message is unlikely.
Its a downward trend right now as we have had a big seller and NSB are playing silly beggers with our 2.5 mill. People have bought in here at 14p, 12p, 10p here recently and if their exit strategy is short term theyre rightly going to be brassed off.
Has the story changed since your buy in? Nope not at all, plenty upcoming here to keep us interested as doofs just posted. Yes there are always things to worry about in any company but a 2.5 mill late payment is not something thats going to keep me awake although its obviously frustrating.
The time to get nervous is when trials start on nxp002, thats when things get serious here.
Suhail, dummy buy and i can buy 10k worth at 0.26
Alibi , its 30mill mcap and weve already got 1 drug passed through trials that we can market all over the world. Its easy to fall for a story but also all to easy to forget the huge success so far this year. I would argue this is not far derisked at current mcap.
As soon as / if we receive chinese cash this will fly back towards 10p. Listen to dans recent podcast again on vx, he always chooses his words carefully but it was full of intent about payment and i think we ll get an update on this next week.
Not biased alibi just still very confident with the long term prospects here. I have plenty of reservations im not blind to them, short term this could go either way....big sell from cpl, no cash from chinese could send this lower still but neither of those change the fact were on the brink of nxp002 trials. Wether we are 6p or 12p right now doesnt hugely matter to me as im here long term and wont be selling until we get through trials. I personally think dan and joanne deserve their salaries for many of the reasons jay gave
Cdub its a been a rough 3 months, i have not sold a bean and of course i wish i had sold in the teens but i have decided to stick with my holding. Its quite stressful at times, my holding is now down well over 120k from the highs but the story is still the same here if you have a positive frame of mind.
read up on everything possible and that settles my nerves. Im lucky to have got in here at 3p all the way up to 11p ish. Just go with your gut feeling, if its too risky sell up but i still believe in dan and the board. This is a long term play dont let the chancers on here (inc me) swerve you either way .
also this is a startup pharma, i doubt not one in history has been plain sailing. Im always wary of pharmas as the chances of success long term are low but nfx are playing a different game.
Nxp001 is proven (remember ROW licensing may take up to a year to sort) nxp002 is the golden ticket, research research research. I havent lost a wink of sleep so far with nfx myself.
Dajjas, i spoke to spreadex 3 times this year about sell orders on their nuformix stock. The first 2 times back in june / july ish i was told they have no sell orders in at this present time indicating to me they held stock but werent actively selling on that day. Overall the guy was quite helpful. I called for the last time yesterday and the same guy wouldnt give any info at all. He just kept saying i cant disclose what we hold, its below 3% as per rns. Glass half full Maybe they have finally sold out completely and they now just shut up and give no info out at all. Or hes brassed off witb people calling him up about nfx !! If cpl have indeed stopped and taken advice from dan gooding regards any more sales next week might be a bit rosier for us all. Any 100k sales today?
This is spreadex just dumping there last few million shares at their usual rate of around half a mill a day? I thought the cpl sell off was in 1 lump around august 13th?
Dont let people scaremonger you into losing hard earned cash y'all
Dave, i totally agree i am not trying to hype up a license deal just a reason for the delayed payment. Read all the info on nuformix and company plans all state they want to progress nxp002 through trials before license deals. The deals to be done will go through the roof if we can achieve that
Mars , ebers have secured the rights to that deal already.
Alibi, if youre interested in nxp001 and many previous patents then why wouldnt nsb/yatai be interested in the biggest deal of all ....nxp002.
The best time to negotiate is right now as they owe us money, we need the money right now , they essentially have us by the curlies.
They lose leverage as soon as we have the 2.5mill as we can progress into trials and the price to buy in will multiply.
If something had gone wrong i imagine dan would have been going to china not the other way round. You dont fly out here for the fun of it. The payment is already delayed so further delays wont be the reason for the nsb visit. No idea why but it was probably a big hint from dan something is about to happen. My money is still on yatai wanting in on nxp002.
Nfx normally prompt with rns like todays so why near 3 week delay? Its just plain odd so im hoping theres a play somewhere here from dan.
Waiting patiently for the next positive news, the agm next week will be very interesting and i ll make my decisions from there.
The switch to yatai from nsb as explanation for delayed payments is still bugging me, not convinced at all.
The payment is an issue right now i do agree, we need that 2.5 mill to progress trials and it may be holding us up?
I trust that dan has said payment is days away and there are no issues so hopefully he is correct. Delays and hiccups are part and parcel of companies of this size so its doesnt concern me too much at this moment. He didnt update us on the ebers payment so maybe the first 500k from nsb/yatai did arrive and hes declined to rns it.
Dan has the overall picture in his head and am sure he ll do whatever is best for the company.
Meanwhile the seller keeps selling 500k shares each day and when news does hit it will have that much more impact as the sellers % reduces.
https://patents.patsnap.com/v/US10150729-tranilast-compositions-and-cocrystals.html
Soup, hit 'read more' in the description section. Alot of the info is in there....
Nuformix have patented a bunch of co-crystal variations of tranilast which is NXP002. The patents relate to therapeutic as well as pharmaceutical use.
Tranilast has all kinds of fantastic properties that drug companies would love to use inc anti allergic, anti fibrotic, anti inflammatory, anti tumor etc etc the list goes on but the use of tranilast has been completely limited by its poor photostability and solubility. Pharmas have tried and failed many times trying to get it through clinical trials.
Nuformix are concentrating on finding a delivery method to best treat lung fibrosis, they may even have that sorted...? Its a ridiculously complex process and just achieving this and putting it forward for trials is a huge step forward. Then its onto healthy patient trials and so on. these should be relatively quick and cheap to conduct due to tranilast already being approved in japan for many years.
Nuformix in their own trials have already proven photostability and all their cocrystal versions of tranilast improved solubility by a big %. All cocrystal versions in a dissolution trial smashed tranilast by around 95%.
The info is out there, nxp002 has proven it has overcome the problems major pharmas couldnt get past in trials conducted in their own labs. NXP001 has already proven the tech can be converted to pass proper clinical trials. Lung fibrosis is just the start, we have patents that could utilise tranilast in treating all kinds of patient conditions not just lung fibrosis.
I am convinced this is going to be huge, i am pretty much all in. Of course there are many risks but its such a good opportunity i've put the lot in here.