The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Scaryone - Still missing the point, whats the story with Dans timelines? Clearly something went adrift?
Back in November i remember him saying January, In January he said Quarter 1 and now he blaming Covid 19 for NXP002 deal!
Couple people here ramping the hell of this share since beginning of the year around the time Dan was also
Having still my pension in this sold my private investment over a month ago! not expecting this SP to move anytime soon but may do well in the next 12 months.
Anything said on this BB today will make no difference on company performance.
Investor111 Please see link regarding deal-
https://www.businesswire.com/news/home/20200326005259/en/CG-Oncology-Announces-License-Commercialization-Agreement-Kissei
Think the argument is that Kessi werent the closed shop Dan was alluding to!
How could Dan give a timeline in November that is now likely 5-6 months off course by your reckoning!
What went wrong?? We can Dan was Nieve to give such a timeline but in fairness how nieve can some possible be, except there is alterior reason!
The more i read that statement the more i can see COVID 19 being used as a cover up!
Kessei signed contract with US pharma on March 26th !
Scaryone - extract from RNS
In addition to below he said they look forward to updating us on discussions in the coming months
The Company has previously announced that negotiations for out-licensing commercial rights in Asia are underway. Discussions have continued, but again, the pace of negotiations has been limited as a result of the COVID-19 pandemic situation, closures to key sites in Asia and access to key personnel. Material updates will be communicated in due course. All external development partners are in place to ensure rapid progress can be achieved once normal trading conditions return.
Dan
No doubt he is a decent guy. But judging from his comms at the start of year and recent RNS he has used COVID 19 as a means to disguise the fact that contract talks with Kessei have failed, but are on going with others.
Jay12
So you expect news on NXP002 by July with the preferred partner Dan mentioned at start of year
Soup
Just trying to a rational timeline on this !
Whimax your views would interesting to hear and few of others gone very quite also!
Group they did say they were pursuing a pan Asian deal, with a UK company?
Good informative discussion here now, change from the usual ramping dross !
More likely to be CPI selling if any IMO. They will be desperate to accumulate as much finance as possible in order to fund Covid 19 vacine research etc!
People now worried by NXP002 IMO, Dan pretty much said news was imminent at start of year and now its not, COVID 19 being used as an excuse but i am not buying it. Expecting news on NXP002 within 2 months is optimistic , he did stated months in last RNS.
The other elephant in the room that people choose not to speak about is that CPI are still selling which will hinder sp growth on other news.
Dan stated last feb in podcast that they were in discussions with a preferred partner. Out of curiosity does anybody remember did say Japan rights , had a feeling he did? In last RNS he mentions Pan Asian deal so just wondering if the narrative has changed hence change in strategy?
Groupplease came across the old Levrett Bb a couple weeks ago. Doesn’t appear to be any of the original posters left here except you and me. Been here a long time!!
https://www.lse.co.uk/ShareChat.asp?ShareTicker=LVRT&share=Lvrtl&page=36
Greggscottie I guess I am not saying NXP002 is worthless , just starting to think it mightened be the transformational news Dan hyped it up to be! Are we still trying to crack a deal with the preferred partner or is it partner B?
Or like yetai have decided to do, walk away during the due diligence process! Surely that the exchange of technical information was for a reason ? On a positive note here the cannabinoid route would appear very positive but I have big concerns about NXP001 & NXP002!
Somebody mentioned that NFX would need to RNS if a failure of deal with Kessei happened. No they wouldn’t cause it wasn’t never stated in RNS to begin with!
Dan said there was multiple companies interested in NXP002, if what you say were true they surely wouldn’t be hanging about waiting for kessei to sort their affairs in order. I am starting to draw similar conclusions to events as groupplease! From Dans podcasts at start of year and his predicted dates for finalising deal with Kessei , I feel Covid 19 isn’t the real reason why a deal wasn’t finalised!
Fortunately Boris is not PM of Southern Ireland ;-) Construction works have resumed in Ireland on 18th May, especially outdoor
drilling works!
Invested here recently on the hope of seeing some value being added due to Stonepark
From my vague recollection of Connemara they didnt seem have much success with the Gold mining exploroation, as in not finding it in commercial quantities? Hands up i could be wrong but not sure if we should be pinning too value on it?
Whimax he did hold off on news on China and mixed it with good news !
Doubt it would made any difference, best be honest and not play any games.
Long term holders might sell out today not relising Ebers deal following tomorrow!
Restrictions have been lifted since 18th May for construction works, especially outdoor drilling operation!
Availability of rig might be a constraining factor?
News TR1?