RE: A moment of clarity19 Oct 2023 20:15
Why would anyone listen to someone that has been twisting facts for three years. You just move from one thing to another when you are proven wrong on every occasion. You clearly said TRX will not raise a penny but now you move to something else.
Drug development is expensive. It costs millions to develop a drug through preclinical stages. The assets and collaborations they have allow world class compounds to move through the preclinical stages with much lower risks. It will also attract huge revenue which is shortly to come. Imagen was generating revenue of millions of pounds and PYC also generate decent revenue and some of the other collaborations provide value by giving compounds the highest chances to progress with the technology they have and that allows us to get a huge preclinical deal which is the end goal.
Almost every company requires funding on AIM. Val only burns 2 million and with lab revenue projections will likely reduce to 1 million over the next 12 months with another 1/2 staff once revenue starts to come through. When 201 gets done we will have more cash than what we are burning.
Great strategy, low risk, low cost and huge potential.
Val will get the funding it needs from the 201 deal plus lab contracts. As stated in the presentation it is expected this year. The company has value at this price both short term and long term. If I am not mistaken REDX did a placing at market value yesterday and if Val had such plans it would have already happened.
I am happy to hold and add where necessary as I think we will gap up or rise fast when news breaks and we should continue to move as more news and rumours are released.
The potential of 40,50,60p is very real compared to a temporary minimal false drop.
Porky is only here because he lost all his money on 4D and is bitter with VAL. He has been making up lies for 3 years.