George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
@Soup Glad you are well and thanks for your thoughts.
"Are you sure you're looking at NFX?"
Strangely yes when I refer to NFX I was actually looking at NFX. It started at 0.18 was was up to 0.22 early doors, it then dropped back to 0.18.
I did not get a response, yet.
I do notice however a nice rise this morning, someone is interested in buying into NFX :)
Looks like someone doesn't like the lack of info - big drop this morning.
Wrong message board mate.
OK I have emailed them. the @investor-focus part means that it is a generic PR company employed will be answering so this is not an ideal way to communicate with the company. But better than nothing.
Soup is the most informed and balanced investor I have seen on the LSE forums over the last 6 years.
He is very much appreciated here and I also hope he is ok and has just gone on snooze mode as there is not a lot happening here!
Nuformix@investor-focus.co.uk
When I get a moment today I will email them with that exact question. If I do not get any answer then I will withdraw my investment - simples.
Https://www.gov.uk/guidance/orphan-medicinal-products-in-great-britain
The link above tells how to apply for Orphan Drug Status. A bit of googling brought up companies that will do the application for you with turn around times (decision) of around 30 days.
So we really need to get from NFX the status of the application. Perhaps we could approach the company again with a more closed questions:
What date did you apply for Orphan Drug Designation and when are you expecting to find out the result of the application.
I think Mr Tim might avoid giving an answer to this which will show us that the application has either failed or that they have not applied yet. But either way "NXP002 is a likely candidate for Orphan Drug Designation”, but it has not been granted this status yet." simply does not cut the mustard!
“NXP002 is a likely candidate for Orphan Drug Designation”, but it has not been granted this status yet. The company is focussed on discussions with potential licensees for NXP002 and further updates will be provided as soon as appropriate."
Many thanks to Chab for getting this response from Tim.
What a vague response it was though. No dates as to when the application was made so we non the wiser. I wonder why such a vague unhelpful response was given by Tim.
Thanks Chablard, please share with us long suffering SHs
Hi, is anyone (Soup) in contact with a company member that can ask directly about what stage NFX is at in seeking the Orphan Drug Status?
It would be more than reasonable to let shareholders know what progress (or not) is being made on this application. Also some explanation to newbies about what that status will do (yes we can Google but it would be nice to hear from the company as to why they are applying).
ForFXSake and NFT same person? Are they actually invested?
What happened to Mulder? Aim4Utopia?
Ok - I may be mad, too unstable, kicking down chairs and knocking down tables .... (name the song for bonus points) but I have just sunk 5k into NFX on a different trading account. I think we should easily be able to see 0.30 in the next few months even if it is just from PnDers.
More investors will get wind of the possibilities here I think so we should be able to lift ourselves out of this current SP funk.
NFX unlike COPL is a sound investment, there is a real product here, or will be. Yes there is risk but like you said Jiving we are now in with a decent chance of a deal.
Nothing dodgy about NFX at least!
Good luck all.
Looks like we finally did totally lose all money in the other company we were both invested it. What is hilarious is the same people that were so vociferously defending and promoting the company even though everyone knew how dodgy it was are now involved in some "class action" that will go precisely no where!
NFX might be boring but at least there is some chance that at some year before we all die then we will get a product out and the SP will be many multiples.
Oops what happened here then? This died a few years ago. Looks like the same old posters trying to escape and averaging down. You would have done a lot better selling 2 years ago and investing in boring Microsoft.
What is the moral of Sisyphus?
Existentialism in The Myth of Sisyphus | Overview & Analysis ...
The moral of "The Myth of Sisyphus" is that there is no greater meaning in life but what we give it. When we accept that the universe has no inherent meaning or reason, we can be free of artificial expectations and embrace the absurd.
Think my average is 1p down from 4p. Not sure it is worth averaging down. What exactly are we expecting in the next 12 months? Seems very vague.
What accident?
What news?
Telegram is a mugs game. Please inform us none telegram users what the gossip is about. If Dan is posting on telegram then it really reduces any credibility or respect.
Did we work out what that SP rise and then drop was all about then? Seemed different to last time
Nah. Bro I went New York init.
Bro. Bro. Bro.