Re: iceberg or ice cube?
posted on
May 17, 2017 03:31AM
Koo
The NOLCF Is another bargaining chip in any prospective deal - an unrecorded asset - translates to less than $.50/Sh after discounting.
A CVR deal would not be my preference - how do you place a value on potential? A CVR deal attempts to negotiate a price based on achievement of potential milestones.
What is a fair price? RVX shareholders, myself included have all speculated that RVX is worth much more than the market will pay. I would prefer to wait this out for Betonmace results. Development is time consuming, costly and risky. We are all looking for a mega deal for the RVX self proclaimed blockbuster which right now is eating cash for survival - RVX needs a marketing stamp of approval before RVX'rs can cash in on a mega deal - or a CVR deal for a BP to share the risk.
Chicagoest