some questions answered by ceo, page-39

Whats going through my head...

So lets see, SP is 2.5 cents- MC is 30 million- included in the MC is about 9 million cash- US Army have already funded NEU about 26 million with more funding anticipated....

Bell Potter values NEU at 17 cents in a few months- this is 6.8 times the current value-about 204 Million(30MC X 6.8 times)

So If take away the cash of 9 million we left with about 21 million MC,,,,US Army has already given us more than this in funding, we have spent millions more on R&D. We have several phase II trials which all seem to be looking very promising.


Bell Potter value is 204 million,,,,NEU MC without Cash about 21 million?

If you owned NEU outright, had the US funding, had worked so hard to get to this point, what would you be prepared to sell NEU for considering the upside potential....?

I know I would be wanting more than 100 million right now if I owned it outright,,,

I think NEU is VERY VERY CHEAP....sorry if this is confusing,just my thought on paper