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Re: greggors post# 9480

Wednesday, 11/20/2019 9:03:58 AM

Wednesday, November 20, 2019 9:03:58 AM

Post# of 17456

I think you should use the current sp of $6.08

I agree! BUT, I would add that the difference between a P2 and P3 success is not just one of degree but of kind.

To use a mountain climbing metaphor, P2 is getting half way (or 2/3rd) of the way to the top without falling off or getting killed and a chance to continue the journey.

P3 success is having gotten to the top! It will be followed by FDA approval, or a buyout at a huge premium, AND the opportunity to pursue other massive indications. After P3 we're in a different universe.
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