FWIW - my guess is that Race bought a Gold Mine with 10m ounces of near surface jorc resource
Whatever it is, when shares hit $30 the party is on Race with @SocialEddy arranging the entertainment and catering.
On a more or less serious note, Could it be one of the following?
- work on the 39 other molecule discoveries
- weight loss and Bisantrene
- hair loss and Bisantrene
- Trump's new hair dye
- some commercial arrangement involving an non-disclosure agreement (NDA) i.e. geographic licencing
- Bisantrene makes the best orange beer.
- Publishing of a scientific paper on MOA
Was the mention of the pre-clinical team being busy the last 18 months another wink? Was there any discussion or announcement 12-18 months ago about what the preclinical team were looking into? Maybe PS is tied up in the commercial activity of securing patents prior to Race announcing what they they have discovered in pre-clinical. That would make sense. Do patent applications take 12 months to lodge? ...or are there multiple patents to lodge because of the 39 molecules? ...or are the patents so technical they require further pre-clinical testing before they can be applied for?
It's hard to imagine anything other than a scientific paper on MOA or a commercial arrangement with an NDA as keeping a blackout for 12 months. one would expect the other suggestions even in jest could be announced to market ending the blackout. Unless Race is busily
...or Dr T is trying to put us off the scent....
In the meantime, back to regular programming and drinking beer. Have a good weekend all.
RAC Price at posting:
$1.15 Sentiment: Buy Disclosure: Held
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