PAA 6.25% 17.0¢ pharmaust limited

Well done to management. Great positive step for the company!!...

  1. 477 Posts.
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    Well done to management. Great positive step for the company!!

    PAA can now move into the trials in an excellent position.

    BRI announcement will be excellent - obvious.

    As with my lunch with Tony Locantro earlier this year, just a reminder,

    * PAA is undervalued,
    * MPL is showing promise, as we are seeing in the reformulation
    * Big opportunity for biotech funds and institutions to invest, as we see here today
    * Massive inflection points are in the wings.
    * Epichems expansion is nearly complete. Don't quote me on this.
    * Epichems forecast income this financial year of in excess of 4 Million...
    * My estimate of the burn rate will rise initially because trials, but will settle down and be overall will be less than 250k per quarter.
    * And most importantly, MPL reformulated, more potent etc, ready for human and canine trials.
    * MPL ready to take to the world market to treat canines.


    And the share price - soooo undervalued.

    When will the market awake to this golden child?

    As always

    Best

    MM
 
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