Member Info for Thelix

This had a tailings project for years and never made a penny. Tailings are literally leftovers and can be merely picked up and processed. Years and nothing was produced. Lithium is hard to get out the ground. This will never produce lithium -Jim couldnt even get a tailings project into production.

If something amazing is said on twitter, it is probably not true and an attempt by pumpers to rise an SP to dump out with profit. Rarely has anything on twitter ever been useful or relevant, or heck, even true.

99% of AIM companies are just legal ways of making 300k a year salary. It is a mostly unregulated market with a "we tri3d but failed, sorry" mentality. There is literally zero accountability if the company doesnt produce profits -nearly all AIM companies in the last 30 yeara failed. This is simply a money making outfit. Im lucky to have got in at 0.8 and sliced most at 1.1 so freeriding but others here need a 300% increase to see returns and those who bought in at at 1.5p+ may as well sell up.

to see this gradually rising again. Given cash in bank this should be 1.8p to 2.0p. Just awaiting commercial capability assessments now. OXP want to hit European market and US under revised conditions. So long as one partner is found happy days for PI's.

The issue BigBear is everyone said that 3 months ago and another placing happened. This will continue to dilute and not deliver.

The BoD here are hugely incompetent. I have seen NASDAQ listings working in pharma. This was the slowest and most amateur one to date. I don't rate this company much anymore. Seemed great last year but...The true colours came out this spring.

lol this isn't being shorted. There is a clear reason this tanked nearly 35% in quick succession. DYOR it is out there. Most disappointing NASDAQ launch I have seen in years and a mass exodus earlier last month. Follow the breadcrumbs. Theres a reason I lowered my holding here massively. A good investor knows when the games gone against them and pulls out. Liquid money can return gains. Locked in money ever dwindling rarely returns gains. Most AIM companies never make it big. The point of my holding was to sell either on the NASDAQ rise or Phase 2 rise. Neither will happen, called it wrong,got out, and am.happily trading making returns again.

durv -what work? No really, this is a shell, it uses capital to invest and hopes to make a return. Zaf isnt investing in anything new and VS is doing the work getting the contracts. He is paying himself inflated wages for a company that has a severely declining shareprice. Other than occasional accountancy and regulatory paperwork being an AIM listed company LEG isn't exactly producing anything.

bewise a pharma stock doesnt drop nearly 35% after a NASDAQ listing under normal circumstances...This will go sub 100p...

lol many companies are flagging up as 0. Seems to be a google error. End of the day this needs a commercial partner. If we get one happy days, if we dont invest in cardboard and find the local bridge.

I massively downsized here. Personally this isnt going to increase much at all. More fund raising soon wouldnt surprise me.

So glad I topsliced this dog and freeriding it. This will be going down for years to come through dilution.

Its not just a cash shell. It has products, the current hurdles are 1. Reg pathways, and 2. Profitability. OXP's goals are to redesign drugs to work better. The NSAID's they are selling are a penny a pill price. They are in talks with commercial scale potential partners who will want some profit too. Ergo if this finds a partner we should get a nice breathe of fresh air on the SP. If no partner is found this could get ugly...

I call it how I see it. OXP are going for the quickest and cheapest route. If partners dont want any action in it then OXP need to either do the trials, or do something new. I dont like it anymore than you do as I have money here, but being optimistic despite the facts is how one loses money. Stoploss out, always stoploss. An investor who knows they called something wrong and gets out with 70% of their cash back lives to invest again. Someone who sticks in for 7 years watching it dwindle loses it all or damn near. This needs direction and a willing partner company to commercialise.

are found then probably is a dead duck. They want to outsource this to a partner who knows how to make profits. If every potential partner looks at what this wants to do and says no then it is unprofitable. If we get a partner or deal happy days.

lol I work in pharma I know how long it takes. I also know a 25% tank in a pharma share this early in phase 2 trials can sometimes indicate early data is...lets say lacking. Again just my opinion. Not skittish at all. My money has been locked here for a year and could have been used better. Its those who sit for years and watch their holdings go down to 1% of their invesment while repeating a mantra of "long term gain" that are skittish. A long term investment is a short term investment gone wrong, or something like that. Could be right, could be wrong. What I do know is getting money out of this allows me to trade in other companies elsewhere or forex. Money sitting losing 1% a week average over 52 weeks is boring and unwarranted so have significantly lowered my holding. I was in excessively heavy here.

this should not be dropping 25 % or so in a few weeks as BH says. Writing on the wall. Phase 2 isnt as regulated, I reckon some bad data is being seen. Just my opinion not claiming any inside knowledge at all. Its not weak holders leaving. I dont want to wait a year to maybe break even. Id rather sell at a loss and have liquid cash to diversify my portfolio again, plus I am now starting forex trading rather than AIM as can make more. Good luck to all holders.

selling large chunks at small losses here sorry... This is a dead duck IMHO.

Makesmewonder - they want to partner for commercialisation so those companies will be doing the aggressive pushes. Also pharma is heavily regulated on advertisement and endorsement. You are not allowed to push or reward doctors with lavish meals during meetings etc. Its actually quite funny how many slapped wrists have been had by some companies merely contacting doxtors for their opinion on near commercial contact. If OXP gets a partner it verifies that the partner sees it as a money making opportunity. No one will partner if it isnt a viable profitable product. That is what will get the SP lifted - a partner of good reputation as it confirms profitability.

is just dropping alongside US tech stocks. NASDAQ has taken a battering lately. Normal within reason but hope wee see some consolidation or uptrend.