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21/06/20

00:35

Post #: 45348375
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Originally posted by _THEDON_: ↑

Hate to rain on your “common sense” parade with facts but the incessant ramping in general when it comes to IBX is insufferable. I for one believe in the tech but (IMHO) there is a long, long way to go before this tech becomes a viable product at market and I feel many are being misled by not being provided with the facts nor a balanced view.

A few weeks back when I was shot down for supposedly down-ramping, after asking a few logical questions and posing an alternative view I took my questions directly to the company. I did receive what I believe to be an honest and reasonably detailed response from Bob himself. Part of which I have cut and pasted below:

“If we were to use the nanoparticles for other purposes, such as a carrier for therapeutics (nano medicine) or possibly as an imaging contrast agent, it is likely the FDA would view the nanoparticles as a drug.”

Therefore, as Siemens appears to be interested in exploring the nanoparticles as a contrasting agent to use with existing MRI tech. The nanoparticles MAY (most likely) be subjected to the IND process and subsequent rigorous testing required by any drug seeking FDA approval, which is a lengthy and expensive exercise.

Yes Siemens could afford to seek FDA approval IF A, B, C and likely D all line up, and pre-clinical trials support taking the nanoparticles to pre-IND and beyond.

Yes IBX still may become a global success story, but certainly not “overnight”

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I don't know if anyone has said overnight success. The quick solution, which you may have seen as the overnight success claim, would be a takeover if we achieve successful trials but the other pathway is years in timeframe but will potentially create far greater wealth realisation. The bottom line is $22 million ($16 million EV) is undervalued as it stands and when trials are confirmed this will hopefully get noticed and start climbing so if you are willing to hold long term now is probably the time to jump in.

IBX Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
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Last 3.9¢		Change -0.001(2.50%)		Mkt cap ! $1.364M

Open	High	Low	Value	Volume
3.9¢	3.9¢	3.9¢	$2.423K	62.13K

Buyers (Bids)

No.	Vol.	Price($)
1	20739	3.9¢

Sellers (Offers)

Price($)	Vol.	No.
4.4¢	4089	1

View Market Depth

No.	Vol.	Price($)
1	20739	0.039
1	35000	0.038
1	100000	0.034
1	90000	0.033
1	32255	0.031

Price($)	Vol.	No.
0.044	4089	1
0.055	188	1
0.056	6320	1
0.057	60000	1
0.058	14821	1

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IBX (ASX) Chart

Interesting, page-1155

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Is oil undervalued?

Venture to sniff out high-grade REE targets at Jupiter project, WA

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Westgold sets its sights on top five producer status through merger with Karora

GreenX picks up prospective copper project in Germany

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Interesting, page-1155

Top Stories

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Is oil undervalued?

Venture to sniff out high-grade REE targets at Jupiter project, WA

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Westgold sets its sights on top five producer status through merger with Karora

GreenX picks up prospective copper project in Germany

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News