The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Listen to Dan from around 2.20 mins in - regards NXP001, results will be in end of May
https://www.youtube.com/embed/MIw-VjrqeVo
The market for Lung fibrosis (idiopathic pulmonary fibrosis (IPF)) alone is expected to reach $3B:-
“in US, Japan, and five major EU markets (France, Germany, Italy, Spain, and the UK). IPF market sales will grow at a compound annual growth rate of 12.3% over 2015–24, reaching a peak of almost $3.0bn in 2021”
https://pharmastore.informa.com/wp-content/uploads/2016/10/idiopathicpulmonaryfibrosis_12770_10-2016.pdf
So much newsflow due and imo the £80k was a sell, think a spreadex TR1 will land Tuesday then 10p+ before NPX001 results, which fingers crossed will be positive.Last interview with Dan, patients were discharged weeks ago and they are looking at how quick they can get their product to the market, sounds positive.
To become a Unicorn (£1B valuation, around 216pps) NFX only need (for NPX002 alone):
@10% royalies
£70,000 per patient year drug cost
~20% overhead
ONLY around 9,000 patients
The US has 100,000 IPF sufferers, China and EU, multiple of that
Yes all looking very good indeed now, the ducks being lined up perfectly.Another TR1 soon guessing spreadex will be 3% or less and then soon flushed out if results are positive.Taking into account Dan mentioned in his last interview that the patients were discharged a few weeks ago and they were looking at how quick they can get their product to the market is a very good sign, imo could see close to 10p today with NFXP001 news most likely next week
excellent news - imo the big buy signal TR1 holder Mr Julian Higgins increases his holding to 5.10% Conceivably has excellent line of sight on NXP001 trials dueMr Higgins Award winning British biostatician
Spreadex selling down which is great, think we will see another holding RNS tomorrow for around 4%.Then 3% or less before news which my gut feeling will be good.Not long now
Don't be directed by Oz trade of 1300 shares at 4c - less than £40 of stock! Should the price be easier this morn we view this as a gift & once again will be ongoing buyers. This is a 1p+ stock next yr we believe."
Rns ‘- $1.1m cash coming their way plus bank guarantee for $3m. GSPC will maintain interest in Cambay if they pay. Otherwise OEX will inherit 100% stake. Great news expect some fireworks here
From SolGold RNS
The Board of SolGold (with Scott Caldwell abstaining due to his personal interest and that of Guyana Goldfields Inc. through participation in the US$33 million financing with Maxit and Newcrest), after examination of the BHP Proposal and consultation with its legal advisors, has determined the BHP Proposal is NOT in the best interests of SolGold and its shareholders and it is not a superior proposal in comparison to the previously announced US$33 million financing with Maxit and Newcrest for a number of reasons including, materially:
maximum initial rates were restricted by the pump's capacity of around 470 bopd, a larger capacity pump has been sourced and has been mobilised to site for possible use during the remainder of the Portland test sequence. I wouldn’t want to be trading this one !
Expecting a very good day here GLA
So the 27mil buy at 4.19 then that 3mil buy last week takes the new holder over 5% Looks like we will find out very soon who the substantial buyer is, imo only a matter of time before some game changing news lands GLA
Looks like a buy to me let’s see what today brings we must be close to some news now
Something big coming imo ?
Paid :)
Looking leaky - wonder if there’s some milestone news coming ? looking good - 4p for any large amount
https://www.**********.co.uk/blogs/versarien-vrs-hummingbird-resources-hum-ncondezi-energy-nccl-nuformix-nfx/
Another day closer to news.
At 2.45 look forward to news
Showing at 1.39 - let’s see what next week brings GLA - have a good weekend