I agree with you completely. Frankly I believe we're premature in speaking of partnerships or buyouts until our share price is roughly ten times or more than what it is today for a partnership, or nearly twenty times what it is today for a buyout. I simply don't think that LP would consider an offer that wasn't nearly double the share price and it will take that sort of share prices to meet her demands.
Like you, I believe she's positioned the company to go it alone as long as they have to, and they could be so well positioned that they choose not to take either a partnership or buyout offer. I don't believe it will ever be something they must do, it will always be a choice.
Age of the officers shouldn't be the determining factor. Any of them could step down to other roles, or retire completely and be very well to do with the success the company's about to have. With success it will be no problem at all attracting top flite personnel if one or more key positions became open. As soon as the share price warrants a move to a major exchange LP should fill key positions rather than filling more than one herself, it would probably be required to move to a major exchange, but regardless she should do it as soon as she has the funding to support it.
I prefer a BP partnership to a buyout, but wouldn't object at all if the company chooses to go it alone, though clearly dilutive funding will be needed to support an aggressive clinical trials campaign to expand the label on DCVax-L and advance Direct toward approval in multiple cancers. Can you imagine the market cap NWBO would have if it remained independent and both DCVax-L and Direct were approved in multiple solid cancers. I frankly also believe that FlaskWorks, as a separate unit, could be huge in licensing to others for making a variety of personalized products which don't in any way compete with the DCVax's.
Gary