Member Info for Strictlyslick

RE: your post of 10:14. How do you explain the RNS of the 15th September which stated "This approval has triggered a further milestone payment for Therakind. Therakind is expected to also receive royalties on sales of this product as Viropharma is now able to actively market this product across Europe." Also the RNs of 1st July states:- "Therakind developed Buccolam® with another specialist pharmaceutical company and sponsored the successful clinical trial. The product was then subsequently sold, with some royalties retained, to Viropharma". Auralis are a subsidary of Viropharma and are therfore not the previous owners as you indicate in your post. Unless I am missing something? I myself was never of the impression the IPSO would receive any of the £10m - I was of the impression that IPSO's benefit was through their 36% stake in Therakind - so when Therakind pay divi's in the future after receiving royalties IPSO would receive over a third of the divi. Thoughts? ATB

...do of course gto to anone else who has the knowledge in their heads to answer. Thanks in advance to all who reply :-)

I know I should be doing my own research - I saw a tip on the ECR board about this share this morning, tried to do a very swift bit of research and then jumped on for a small amount at 6.5p (on the dot) intend to top up if it shows signs of continuous increase tomorrow. Unfortunately due to not having a great comp at work (on the verge of death more like) I've had trouble gathering adequate research. I understand that the drug Buccolam has been licensed for sale and is due to go on sale in October, and also that Viropharma now has to pay £10m to Therakind, of which IPs own 36%. However, perhaps you could shed light on the following for my benefit and for any other people trying to do a bit of quick research:- 1. of the £10m payable, will any be paid directly to IPS or is IPS' full benefit through its shareholding in Therakind i.e. Therekind’s sp increases by $10m (conservatively excluding royalties) so IPS' sp is potentially £3.6m on that alone. 2. What is the royalty % retained by Therakind for the drug Buccolam. 3. Do Therakind hold any shares in Viropharma to benefit further from the drug sales. 4. I have seen the figures regarding the market size for this particular drug's niche. Do you know of any sales forecasts being written indicating the long term value to IPS. 5. This is a more cheeky question as I haven’t had time to look at other factors affecting this company, so please don’t think me lazy - but what other avenues are IPs exploring which will bring shareholder value over the next year or so. Again my apologies for asking the above, and I hope you wont just tell me to P$$ off and do my own research - as answers to these questions would be most appreciated. Regards.

When is the next production update due?

At least they were open and hnest about it though - even stating thast the DFS wont be finalised until mid 2012. Going to be a long wait but if its part of the plan and no delays have been incurred, then I say its all good. At the end of the day we wont see value unlocked here till the latter half of 2012 anyway as production draws near. ATB

get up anpother 0.5p today...I gotta get back to 14.8p to break even!

about to today - such a strong rise means we might grab the attention of shorters tomorrow....lets hope we stay off the radar and grow sloooow and steady.

Very pleasant to see. I was surprised as you Halfcamoflauge to see the appalling performance of RGM today. Looking forward to the bankable feasibility study being released here. Isn’t it due this month? I am quite frankly shocked to have witnessed the performance of this share since its admittance to AIM. Sure, it may not be producing yet, but to have two agreements in principle to supply coal to a power station (with potential to grow to several stations in time) and to Lucky Cement, we're guaranteed a certain level of sales once production commences, and lets face it, once the dewatering takes place, it wont be hard to get the stuff out the ground - I could do it with a pickaxe and shovel for goodness sake (fine, maybe some TNT to remove the overburden first). Lets all remember that the resource is grossly undervalued in the ground at the moment (haven’t got the figures to hand, but wasn’t it valued at 10% of what the average major players resources are valued at per tonne?). No doubt once the shorters of the mining sector have found a new sector to pummel we’ll recover to healthy levels. I would hope to see this share at well above 30p by 2013 (assuming limited dilution). GL to all holders.

I see a blue day , which will be only the third one since the AIM listing. If this continues tomorrow then a little interest may return :-)

The interim results were quite positive IMHO. why the massive sell off???

will reply more fully when I get a moment to myself, but cheer for the message. A bit of reassurance always appreciated. :-)

Hasn't dropped any more today...regrat my buy in at 14.5p at the moment

Well bearing in mind that the Company's trials have faield and the nly value now is the cash in the bank, no offer has been made thus far and the RNS of the 25th basically showed that there are no options envisages for the company at the present time, I would say that this company has a 99.9% chance of not going back its glory days. Many people have taken a huge loss here and it is a real shame. I'm slucky that I didnt have too much invested here - it was my only stock in this sector, and it has put me off going into others I must say. I'm sticking with mines and banks now. GL to you

Why the sudden rise. any news out?

Do you think liquidity is actually an issue here then? sounds to me like appalling results, but not something that has put the company in danger.

Thats a bit mean isn't it - posting publicly that you've got info but withholding it from the vast majority. thats like hanging candy in front of my face and screaming 'HA, you can't have it'. Don't the rest of us even get a clue ;-p ?

In all fairness though they didnt buy much did they.

looking through stocks and have come accross this one, showing a share price at 3.33p but with a dividend of 6p...a yield of 180%. Would someone please care to explain to me how this is possible