RCE 0.00% 46.5¢ recce pharmaceuticals ltd

Ann: Key Australian Patent for Recce's Broad-Spectrum Antibiotics, page-8

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  1. 7,791 Posts.
    lightbulb Created with Sketch. 20
    Thanks for that instructive summary Flippa01 - not sure why my post generated such a detailed summary, but thanks again.

    Goodness knows the world needs new advances like this, I am hoping circumstances lead to my joining you at some stage.

    Currently though, there are a few issues still holding me back, among them:
    > The time-frame, even if fast track happens
    > The $'s required, probably in excess of $100,000,000 which Dr Melrose himself has postulated
    > Portison's claim, which is still sitting unaddressed
    > Dr Melrose's advanced years - I am not convinced there is anybody in reserve with his knowledge or determination to drive this if necessary
    > Plenty of competitive technology, including: synthetics, phage, and traditional

    So tempted to take the leap, but am happy to sit by for now, even if I leave a little profit on the table by waiting, it this moves, it could move very significantly.

    Cheers

    Cabe
 
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