Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Bored this afternoon so watched a few interviews from dan gooding on youtube. Typed 'nuformix fibrosis' into search. First one comes up from dec 2018 and is really informative on what we possibly have ahead for the next year on 002.
Yes rob i think spreadex were reducing by 1% a week until last couple days where i'd guess they sold 1% just in 1 day. Maybe around 2% left now, they ll have sold a load nore on the bell today so down to %1 now. An rns isnt going to be the next firework here its going to be spreadex are out, sometime early next week. This will fly past camp1 . I expect lots of 500k sells to appear after hours.
Huge achievement by the company, nfx now have a generic drug to market in china. Clinical trials completed. What % of revenue for US and europe can the company negotiate? Governments are struggling with cost of original branded drugs and so obliged to look at generic wherever possible. 10% of what revenue in china?? Cant wait to find out.When nfx are able to pass more specific details about all these deals they have negotiated the mcap will continue to re rate. My only real concern right now is an early buy out. Please let me still be a shareholder when Nfx pass clinical trials of 002. This time next year rodney....
Mozax made a really good point yesterday. This share has everything lined up to encourage investors to hold. Plenty of news coming, if we get a positive rns on 001 i just hold and wait for someone to come and buy the company.
People will have different strategies but mines a pretty simple one....hold. Especially as chances like this dont come around too often, im not good enough to trade this share and consistently be up.
If you think the rise this last month is good on anticipation of 001 results imagine what it will be on waiting on 002 results next year. 002 is the biggie.
If 001 results are good that gives us 2mil, that alone funds the company through 2019 and the placing threat goes away for now. Its hard to tell what company is worth as all these deals are vague right now. Im not interested in headline figures. 10% for 001 but 10% of what? What are realistic sales targets? 51 mil is just a number, what do we have to do to even get the first million? No one has a clue so its hard to get too excited about that until the company gives us more info.
Hopefully we have updates on that after 001 results. These results are huge for the company and us. As taff said, it will be carnage here if results arent good
Official nfx timeline is results of 001 by h1 so possible wait of another 6 weeks. Dan has mentioned he was hopeful on vox of 4 to 6 weeks on april 10. So that would mean results could be as early as this week. Huge week ahead if dan was correct
Aim i dont believe it will either for the record. I already have alot in here and since its risen im very happy. This will be close to the teens come results day am sure so have some buy orders set up already
The 250k seller is selling into every small rise. At current rate am guessing they ll be reducing by 1% a week. If it is only them selling at 250k chunks . Wont be too long until theyre out or content to hold what they have left. If it coincides with positive news on 001 this will rocket. Name your price. I have buy orders set for results day. Havent got the balls to go above 50% on a pharma before results. Best of luck to all of you who are all in.
Bought in twice more over the past couple weeks , those limits were supposed to be triggered by 001 results rns! The next few weeks are absolutely crucial and will be the game changer here. Nice rns today with a couple of really interesting sentences in there.
Aim, i didnt know the answer mate. We're on the same side, i'm invested here. But If im unsure of something i 'll ask. I dont see the need to blindly ramp constantly, maybe thats upset you. Rob im very chilled and in at 3 pence ish and happy with that mate.
Jay im not sure, was hoping someone could shed some light. Big seller in the background and wondered if it was linked. Doesnt look like this will go far until 001 results. Not long to wait though, 5 weeks max hopefully.